Mayflower Financial Advisors LLC Purchases Shares of 585 Curtiss-Wright Co. (NYSE:CW)

Mayflower Financial Advisors LLC acquired a new position in Curtiss-Wright Co. (NYSE:CW) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 585 shares of the aerospace company’s stock, valued at approximately $208,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Tsfg LLC raised its holdings in Curtiss-Wright by 191.4% in the third quarter. Tsfg LLC now owns 102 shares of the aerospace company’s stock valued at $34,000 after buying an additional 67 shares during the period. UMB Bank n.a. grew 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 buying an additional 79 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in shares of Curtiss-Wright in the third quarter worth $53,000. Brooklyn Investment Group purchased a new position in shares of Curtiss-Wright in the 3rd quarter valued at $59,000. Finally, Morse Asset Management Inc acquired a new position in shares of Curtiss-Wright during the 3rd quarter valued at $69,000. 82.71% of the stock is owned by institutional investors and hedge funds.

Curtiss-Wright Trading Up 0.1 %

CW opened at $338.25 on Thursday. Curtiss-Wright Co. has a 12-month low of $220.90 and a 12-month 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 stock has a market capitalization of $12.84 billion, a PE ratio of 32.00, a P/E/G ratio of 2.73 and a beta of 1.19. The firm’s fifty day moving average price is $363.08 and its 200 day moving average price is $336.26.

Curtiss-Wright Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 3rd. Stockholders of record on Friday, November 22nd were paid a $0.21 dividend. The ex-dividend date was Friday, November 22nd. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.25%. Curtiss-Wright’s dividend payout ratio (DPR) is presently 7.95%.

Insider Transactions at Curtiss-Wright

In related news, VP John C. Watts sold 412 shares of the company’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 directly owns 4,183 shares of the company’s stock, valued at approximately $1,503,997.65. This represents a 8.97 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Lynn M. Bamford sold 7,129 shares of Curtiss-Wright stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $368.80, for a total transaction of $2,629,175.20. Following the completion of the transaction, the chief executive officer now directly owns 28,688 shares of the company’s stock, valued at approximately $10,580,134.40. This represents a 19.90 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have purchased 116 shares of company stock valued at $35,278. Insiders own 0.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Citigroup began coverage on Curtiss-Wright in a report on Tuesday, January 21st. They issued a “buy” rating and a $410.00 price target for the company. Truist Financial increased their target price on Curtiss-Wright from $333.00 to $357.00 and gave the company a “hold” rating in a research note on Tuesday, January 14th. Alembic Global Advisors assumed coverage on Curtiss-Wright in a report on Tuesday, October 29th. They issued an “overweight” rating and a $412.00 price target for the company. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Curtiss-Wright in a research report on Thursday, December 5th. They issued a “buy” rating and a $452.00 price objective for the company. Finally, Morgan Stanley boosted their target price on shares of Curtiss-Wright from $334.00 to $395.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 5th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Curtiss-Wright has an average rating of “Moderate Buy” and an average price target of $386.86.

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.