711 Shares in Curtiss-Wright Corporation $CW Bought by Expressive Wealth LLC

Expressive Wealth LLC bought a new position in shares of Curtiss-Wright Corporation (NYSE:CW) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 711 shares of the aerospace company’s stock, valued at approximately $392,000.

Several other large investors have also bought and sold shares of CW. Atlantic Union Bankshares Corp bought a new position in Curtiss-Wright during the 3rd quarter worth $26,000. Cary Street Partners Investment Advisory LLC bought a new position in Curtiss-Wright during the 4th quarter worth $31,000. Larson Financial Group LLC raised its position in Curtiss-Wright by 53.8% during the 3rd quarter. Larson Financial Group LLC now owns 60 shares of the aerospace company’s stock worth $33,000 after purchasing an additional 21 shares during the last quarter. Sunbelt Securities Inc. bought a new position in Curtiss-Wright during the 3rd quarter worth $43,000. Finally, Elyxium Wealth LLC bought a new position in shares of Curtiss-Wright in the 4th quarter worth about $43,000. 82.71% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on CW shares. Citigroup lifted their price objective on Curtiss-Wright from $728.00 to $775.00 and gave the stock a “neutral” rating in a research report on Monday, May 18th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $748.00 price objective on shares of Curtiss-Wright in a research report on Tuesday, February 17th. Weiss Ratings reissued a “buy (b)” rating on shares of Curtiss-Wright in a research report on Wednesday, May 13th. Morgan Stanley reissued an “overweight” rating and issued a $760.00 price objective on shares of Curtiss-Wright in a research report on Friday, February 13th. Finally, Stifel Nicolaus set a $724.00 price objective on Curtiss-Wright in a research report on Friday, May 8th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $746.67.

Curtiss-Wright Stock Performance

Shares of CW opened at $751.14 on Wednesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.52 and a quick ratio of 1.05. The stock has a 50-day moving average of $712.26 and a 200-day moving average of $648.77. The company has a market cap of $27.75 billion, a PE ratio of 55.03, a P/E/G ratio of 3.39 and a beta of 0.86. Curtiss-Wright Corporation has a one year low of $433.12 and a one year high of $760.72.

Curtiss-Wright (NYSE:CW) last issued its earnings results on Thursday, May 7th. The aerospace company reported $3.48 EPS for the quarter, beating the consensus estimate of $3.32 by $0.16. The company had revenue of $913.69 million during the quarter, compared to the consensus estimate of $863.83 million. Curtiss-Wright had a return on equity of 20.00% and a net margin of 14.17%.The firm’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same period last year, the business posted $2.82 EPS. On average, equities research analysts predict that Curtiss-Wright Corporation will post 15.15 EPS for the current fiscal year.

Curtiss-Wright Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 6th. Stockholders of record on Monday, June 15th will be paid a $0.24 dividend. The ex-dividend date is Monday, June 15th. This represents a $0.96 annualized dividend and a dividend yield of 0.1%. Curtiss-Wright’s dividend payout ratio (DPR) is currently 7.03%.

Insider Buying and Selling

In other Curtiss-Wright news, CEO Lynn M. Bamford sold 3,225 shares of Curtiss-Wright stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $676.70, for a total transaction of $2,182,357.50. Following the completion of the transaction, the chief executive officer owned 50,634 shares in the company, valued at approximately $34,264,027.80. The trade was a 5.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO K Christopher Farkas sold 918 shares of Curtiss-Wright stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $677.46, for a total value of $621,908.28. Following the transaction, the chief financial officer owned 5,518 shares of the company’s stock, valued at $3,738,224.28. This trade represents a 14.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 5,961 shares of company stock worth $4,039,279 over the last 90 days. 0.51% of the stock is owned by company insiders.

About Curtiss-Wright

Curtiss-Wright Corporation (NYSE: CW) is a diversified, global engineering company that designs, manufactures and services highly engineered products and integrated systems for the aerospace, defense, and industrial markets. Its offerings span a range of electromechanical, motion control and flow control technologies, including flight control and actuation systems, sensors and avionics components, pumps and valves, power conversion and heat exchangers, and platform integration solutions for marine and ground systems.