Thrivent Financial for Lutherans Sells 103 Shares of Curtiss-Wright Co. (NYSE:CW)

Thrivent Financial for Lutherans lessened its stake in shares of Curtiss-Wright Co. (NYSE:CW) by 0.7% in the 3rd quarter, Holdings Channel reports. The firm owned 15,609 shares of the aerospace company’s stock after selling 103 shares during the period. Thrivent Financial for Lutherans’ holdings in Curtiss-Wright were worth $5,130,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Versant Capital Management Inc raised its stake in Curtiss-Wright by 5,050.0% during the second quarter. Versant Capital Management Inc now owns 103 shares of the aerospace company’s stock valued at $28,000 after purchasing an additional 101 shares in the last quarter. GPS Wealth Strategies Group LLC purchased a new stake in shares of Curtiss-Wright during the 2nd quarter valued at about $30,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Curtiss-Wright by 1,933.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 122 shares of the aerospace company’s stock valued at $31,000 after acquiring an additional 116 shares during the last quarter. Tsfg LLC grew its position in Curtiss-Wright by 191.4% in the third quarter. Tsfg LLC now owns 102 shares of the aerospace company’s stock worth $34,000 after acquiring an additional 67 shares in the last quarter. Finally, UMB Bank n.a. increased its stake in Curtiss-Wright by 303.8% during the third quarter. UMB Bank n.a. now owns 105 shares of the aerospace company’s stock worth $35,000 after acquiring an additional 79 shares during the last quarter. 82.71% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on CW shares. Morgan Stanley raised their price objective on Curtiss-Wright from $334.00 to $395.00 and gave the company an “overweight” rating in a research note on Tuesday, November 5th. Robert W. Baird raised their price target on Curtiss-Wright from $300.00 to $312.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. Stifel Nicolaus cut shares of Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 price objective on the stock. in a research report on Monday, November 18th. Alembic Global Advisors initiated coverage on shares of Curtiss-Wright in a research note on Tuesday, October 29th. They issued an “overweight” rating and a $412.00 target price on the stock. Finally, Truist Financial lifted their price target on shares of Curtiss-Wright from $304.00 to $333.00 and gave the stock a “hold” rating in a research note on Friday, November 1st. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Curtiss-Wright has an average rating of “Moderate Buy” and an average price target of $364.40.

Curtiss-Wright Stock Performance

Shares of Curtiss-Wright stock opened at $370.82 on Friday. Curtiss-Wright Co. has a 52 week low of $209.01 and a 52 week high of $393.40. The company has a market capitalization of $14.07 billion, a PE ratio of 35.08 and a beta of 1.17. The stock’s fifty day moving average is $348.89 and its two-hundred day moving average is $307.05. The company has a quick ratio of 1.39, a current ratio of 1.98 and a debt-to-equity ratio of 0.39.

Curtiss-Wright Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 3rd. Investors of record on Friday, November 22nd will be issued a dividend of $0.21 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.84 dividend on an annualized basis and a yield of 0.23%. Curtiss-Wright’s payout ratio is 7.95%.

Insider Buying and Selling at Curtiss-Wright

In other Curtiss-Wright news, VP John C. Watts sold 412 shares of Curtiss-Wright stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $359.55, for a total transaction of $148,134.60. Following the completion of the sale, the vice president now directly owns 4,183 shares of the company’s stock, valued at $1,503,997.65. The trade was a 8.97 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.67% of the stock is owned by corporate insiders.

Curtiss-Wright Profile

Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services mainly to aerospace and defense, commercial power, process, and industrial markets worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power.