619 Shares in Curtiss-Wright Corporation $CW Acquired by Callan Family Office LLC

Callan Family Office LLC acquired a new stake in Curtiss-Wright Corporation (NYSE:CW - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 619 shares of the aerospace company's stock, valued at approximately $302,000.

Other institutional investors have also recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. raised its position in Curtiss-Wright by 98.4% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 3,664 shares of the aerospace company's stock valued at $1,163,000 after purchasing an additional 1,817 shares during the last quarter. Vontobel Holding Ltd. raised its position in Curtiss-Wright by 100.4% in the 1st quarter. Vontobel Holding Ltd. now owns 1,140 shares of the aerospace company's stock valued at $362,000 after purchasing an additional 571 shares during the last quarter. Sowell Financial Services LLC bought a new position in Curtiss-Wright in the 1st quarter valued at $240,000. Janney Montgomery Scott LLC raised its position in Curtiss-Wright by 37.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 3,652 shares of the aerospace company's stock valued at $1,159,000 after purchasing an additional 999 shares during the last quarter. Finally, Mission Wealth Management LP acquired a new stake in shares of Curtiss-Wright in the 1st quarter valued at $206,000. Institutional investors own 82.71% of the company's stock.

Curtiss-Wright Trading Down 1.1%

Shares of CW stock opened at $550.25 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.35 and a current ratio of 1.95. Curtiss-Wright Corporation has a fifty-two week low of $266.88 and a fifty-two week high of $575.07. The company has a market cap of $20.73 billion, a PE ratio of 46.43, a P/E/G ratio of 3.16 and a beta of 1.14. The stock's fifty day moving average price is $509.35 and its two-hundred day moving average price is $451.08.

Curtiss-Wright (NYSE:CW - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The aerospace company reported $3.23 earnings per share for the quarter, beating the consensus estimate of $3.13 by $0.10. Curtiss-Wright had a return on equity of 18.34% and a net margin of 13.66%.The company had revenue of $876.58 million for the quarter, compared to the consensus estimate of $855.10 million. During the same quarter last year, the business posted $2.67 EPS. Curtiss-Wright's revenue for the quarter was up 11.7% on a year-over-year basis. Equities analysts predict that Curtiss-Wright Corporation will post 12.32 EPS for the current fiscal year.

Curtiss-Wright Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 10th. Stockholders of record on Friday, September 26th were paid a $0.24 dividend. The ex-dividend date was Friday, September 26th. This represents a $0.96 annualized dividend and a dividend yield of 0.2%. Curtiss-Wright's dividend payout ratio (DPR) is currently 8.10%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on CW shares. Truist Financial boosted their target price on Curtiss-Wright from $463.00 to $525.00 and gave the company a "hold" rating in a research note on Wednesday. Wall Street Zen lowered Curtiss-Wright from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 2nd. Stifel Nicolaus upped their price objective on Curtiss-Wright from $450.00 to $457.00 and gave the company a "hold" rating in a research note on Friday, August 8th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $625.00 price objective on shares of Curtiss-Wright in a research note on Wednesday, October 8th. Finally, Citigroup upped their price objective on Curtiss-Wright from $525.00 to $568.00 and gave the company a "buy" rating in a research note on Monday, July 14th. Six research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $519.57.

Insider Activity at Curtiss-Wright

In other Curtiss-Wright news, VP John C. Watts sold 1,110 shares of Curtiss-Wright stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $480.50, for a total transaction of $533,355.00. Following the completion of the transaction, the vice president owned 3,863 shares in the company, valued at approximately $1,856,171.50. The trade was a 22.32% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.55% of the stock is currently owned by corporate insiders.

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.

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