Aptus Capital Advisors LLC Purchases 3,936 Shares of Curtiss-Wright Co. (NYSE:CW)

Aptus Capital Advisors LLC grew its stake in Curtiss-Wright Co. (NYSE:CW) by 21.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 22,139 shares of the aerospace company’s stock after acquiring an additional 3,936 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Curtiss-Wright were worth $7,277,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of CW. Assenagon Asset Management S.A. acquired a new position in Curtiss-Wright during the 2nd quarter worth $41,383,000. Cetera Advisors LLC raised its position in shares of Curtiss-Wright by 178.7% during the 1st quarter. Cetera Advisors LLC now owns 3,974 shares of the aerospace company’s stock valued at $1,017,000 after acquiring an additional 2,548 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Curtiss-Wright by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 3,657,854 shares of the aerospace company’s stock valued at $936,191,000 after acquiring an additional 18,939 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. raised its position in shares of Curtiss-Wright by 30,079.2% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 302,396 shares of the aerospace company’s stock valued at $81,943,000 after acquiring an additional 301,394 shares during the last quarter. Finally, Magnetar Financial LLC bought a new stake in shares of Curtiss-Wright during the 2nd quarter valued at $3,025,000. 82.71% of the stock is owned by institutional investors and hedge funds.

Curtiss-Wright Trading Down 1.0 %

Curtiss-Wright stock opened at $385.74 on Wednesday. The firm has a 50-day moving average of $338.64 and a 200-day moving average of $301.67. Curtiss-Wright Co. has a one year low of $208.01 and a one year high of $393.40. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.98 and a quick ratio of 1.39. The company has a market cap of $14.64 billion, a price-to-earnings ratio of 36.49 and a beta of 1.17.

Curtiss-Wright Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 11th. Stockholders of record on Friday, September 27th were paid a dividend of $0.21 per share. The ex-dividend date was Friday, September 27th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.22%. Curtiss-Wright’s dividend payout ratio is 7.95%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on CW. Alembic Global Advisors began coverage on shares of Curtiss-Wright in a research report on Tuesday, October 29th. They set an “overweight” rating and a $412.00 target price for the company. StockNews.com cut shares of Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a research report on Monday, September 23rd. Truist Financial upped their price objective on shares of Curtiss-Wright from $304.00 to $333.00 and gave the company a “hold” rating in a research report on Friday, November 1st. Robert W. Baird upped their price objective on shares of Curtiss-Wright from $300.00 to $312.00 and gave the company an “outperform” rating in a research report on Friday, August 9th. Finally, Morgan Stanley increased their target price on Curtiss-Wright from $334.00 to $395.00 and gave the stock an “overweight” rating in a report on Tuesday, November 5th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $362.60.

Insider Transactions at Curtiss-Wright

In related news, VP John C. Watts sold 412 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $359.55, for a total value of $148,134.60. Following the completion of the sale, the vice president now directly owns 4,183 shares in the company, valued at approximately $1,503,997.65. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, Director Glenda J. Minor sold 500 shares of the firm’s stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $302.80, for a total value of $151,400.00. Following the completion of 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP John C. Watts sold 412 shares of the firm’s stock in a transaction that occurred 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 sale, the vice president now owns 4,183 shares of the company’s stock, valued at $1,503,997.65. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.55% 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.