HWG Holdings LP Has $14.20 Million Stock Position in Curtiss-Wright Co. (NYSE:CW)

HWG Holdings LP boosted its position in Curtiss-Wright Co. (NYSE:CW) by 104.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 43,203 shares of the aerospace company’s stock after buying an additional 22,056 shares during the period. Curtiss-Wright makes up 4.9% of HWG Holdings LP’s holdings, making the stock its 5th biggest holding. HWG Holdings LP owned about 0.11% of Curtiss-Wright worth $14,200,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of CW. SG Americas Securities LLC lifted its position in shares of Curtiss-Wright by 1,414.4% during the 1st quarter. SG Americas Securities LLC now owns 16,038 shares of the aerospace company’s stock valued at $4,105,000 after acquiring an additional 14,979 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in shares of Curtiss-Wright by 38.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 76,283 shares of the aerospace company’s stock valued at $19,524,000 after purchasing an additional 21,074 shares during the period. Assenagon Asset Management S.A. bought a new position in shares of Curtiss-Wright during the 2nd quarter worth about $41,383,000. Susquehanna Fundamental Investments LLC bought a new stake in Curtiss-Wright in the 1st quarter valued at about $5,007,000. Finally, Cetera Advisors LLC increased its position in Curtiss-Wright by 178.7% in the 1st quarter. Cetera Advisors LLC now owns 3,974 shares of the aerospace company’s stock valued at $1,017,000 after buying an additional 2,548 shares in the last quarter. Institutional investors own 82.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on CW shares. StockNews.com cut Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a research note on Monday, September 23rd. Truist Financial lifted their price target on shares of Curtiss-Wright from $270.00 to $304.00 and gave the company a “hold” rating in a research report on Friday, October 18th. Robert W. Baird lifted their price objective on shares of Curtiss-Wright from $300.00 to $312.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Finally, Stifel Nicolaus upped their target price on shares of Curtiss-Wright from $318.00 to $361.00 and gave the stock a “buy” rating in a report on Wednesday, October 16th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, Curtiss-Wright presently has a consensus rating of “Moderate Buy” and an average price target of $326.75.

Curtiss-Wright Trading Down 1.7 %

NYSE CW opened at $344.11 on Friday. The company has a current ratio of 2.05, a quick ratio of 1.42 and a debt-to-equity ratio of 0.39. The business has a fifty day simple moving average of $324.34 and a 200 day simple moving average of $290.92. Curtiss-Wright Co. has a 12 month low of $194.46 and a 12 month high of $367.55. The firm has a market capitalization of $13.18 billion, a P/E ratio of 35.44 and a beta of 1.18.

Curtiss-Wright (NYSE:CW) last announced its earnings results on Wednesday, August 7th. The aerospace company reported $2.67 EPS for the quarter, beating the consensus estimate of $2.24 by $0.43. Curtiss-Wright had a net margin of 13.05% and a return on equity of 17.07%. The company had revenue of $785.00 million during the quarter, compared to the consensus estimate of $735.82 million. During the same quarter in the prior year, the company posted $2.15 earnings per share. The firm’s revenue for the quarter was up 11.4% on a year-over-year basis. On average, analysts predict that Curtiss-Wright Co. will post 10.56 EPS for the current fiscal year.

Curtiss-Wright Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 11th. Stockholders of record on Friday, September 27th were paid a $0.21 dividend. The ex-dividend date was Friday, September 27th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.24%. Curtiss-Wright’s payout ratio is presently 8.65%.

Insider Transactions at Curtiss-Wright

In related news, Director Glenda J. Minor sold 500 shares of Curtiss-Wright stock in a transaction on Friday, August 16th. The stock was sold at an average price of $302.80, for a total transaction of $151,400.00. Following the sale, the director now directly owns 1,382 shares in the company, valued at approximately $418,469.60. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.67% of the company’s stock.

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.