597 Shares in Curtiss-Wright Co. (NYSE:CW) Acquired by Burns Matteson Capital Management LLC

Burns Matteson Capital Management LLC purchased a new stake in Curtiss-Wright Co. (NYSE:CW) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 597 shares of the aerospace company’s stock, valued at approximately $212,000.

Several other institutional investors and hedge funds also recently made changes to their positions in CW. Creative Planning boosted its position in Curtiss-Wright by 8.8% during the 2nd quarter. Creative Planning now owns 2,778 shares of the aerospace company’s stock worth $753,000 after acquiring an additional 224 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Curtiss-Wright in the second quarter worth $238,000. GAMMA Investing LLC boosted its holdings in Curtiss-Wright by 88.5% during the third quarter. GAMMA Investing LLC now owns 509 shares of the aerospace company’s stock worth $167,000 after purchasing an additional 239 shares during the last quarter. CWM LLC grew its position in Curtiss-Wright by 84.7% in the third quarter. CWM LLC now owns 1,228 shares of the aerospace company’s stock valued at $404,000 after purchasing an additional 563 shares in the last quarter. Finally, UMB Bank n.a. increased its stake in Curtiss-Wright by 303.8% in the 3rd quarter. UMB Bank n.a. now owns 105 shares of the aerospace company’s stock valued at $35,000 after buying an additional 79 shares during the last quarter. Institutional investors and hedge funds own 82.71% of the company’s stock.

Insider Buying and Selling at Curtiss-Wright

In other Curtiss-Wright news, CEO Lynn M. Bamford sold 7,129 shares of the 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 transaction, the chief executive officer now owns 28,688 shares in the company, valued at $10,580,134.40. This trade represents a 19.90 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP John C. Watts sold 622 shares of Curtiss-Wright stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $347.05, for a total value of $215,865.10. Following the sale, the vice president now directly owns 5,072 shares of the company’s stock, valued at $1,760,237.60. This represents a 10.92 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have purchased 116 shares of company stock worth $35,278 and have sold 23,064 shares worth $8,157,322. Corporate insiders own 0.67% of the company’s stock.

Curtiss-Wright Stock Performance

Shares of NYSE CW opened at $354.87 on Monday. The company has a current ratio of 1.98, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $13.47 billion, a P/E ratio of 33.57, a P/E/G ratio of 2.50 and a beta of 1.19. Curtiss-Wright Co. has a 12 month low of $224.18 and a 12 month high of $393.40. The stock has a 50 day moving average of $359.90 and a 200-day moving average of $340.00.

Curtiss-Wright Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Thursday, March 27th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $0.84 dividend on an annualized basis and a yield of 0.24%. Curtiss-Wright’s dividend payout ratio (DPR) is 7.95%.

Wall Street Analyst Weigh In

CW has been the subject of a number of recent research reports. Truist Financial increased their price objective on shares of Curtiss-Wright from $333.00 to $357.00 and gave the stock a “hold” rating in a research note on Tuesday, January 14th. Deutsche Bank Aktiengesellschaft began coverage on Curtiss-Wright in a research report on Thursday, December 5th. They set a “buy” rating and a $452.00 price target for the company. Citigroup assumed coverage on Curtiss-Wright in a research report on Tuesday, January 21st. They set a “buy” rating and a $410.00 price target on the stock. Morgan Stanley increased their price objective on Curtiss-Wright from $334.00 to $395.00 and gave the company an “overweight” rating in a report on Tuesday, November 5th. Finally, Stifel Nicolaus downgraded shares of Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 target price on the stock. in a report on Monday, November 18th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $386.86.

Curtiss-Wright Company 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.