Curtiss-Wright Corporation (NYSE:CW) Shares Acquired by Vontobel Holding Ltd.

Vontobel Holding Ltd. boosted its position in Curtiss-Wright Corporation (NYSE:CW - Free Report) by 100.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,140 shares of the aerospace company's stock after buying an additional 571 shares during the quarter. Vontobel Holding Ltd.'s holdings in Curtiss-Wright were worth $362,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Whipplewood Advisors LLC boosted its stake in shares of Curtiss-Wright by 1,566.7% during the first quarter. Whipplewood Advisors LLC now owns 100 shares of the aerospace company's stock valued at $32,000 after purchasing an additional 94 shares during the period. Minot DeBlois Advisors LLC purchased a new stake in shares of Curtiss-Wright during the fourth quarter valued at approximately $35,000. Ancora Advisors LLC purchased a new stake in shares of Curtiss-Wright during the fourth quarter valued at approximately $49,000. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Curtiss-Wright by 165.3% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 199 shares of the aerospace company's stock valued at $63,000 after purchasing an additional 124 shares during the period. Finally, Tsfg LLC boosted its stake in shares of Curtiss-Wright by 112.7% during the first quarter. Tsfg LLC now owns 217 shares of the aerospace company's stock valued at $69,000 after purchasing an additional 115 shares during the period. Hedge funds and other institutional investors own 82.71% of the company's stock.

Curtiss-Wright Trading Down 0.2%

Shares of NYSE CW traded down $1.01 during trading hours on Friday, hitting $473.48. 352,668 shares of the company traded hands, compared to its average volume of 288,662. The stock has a market capitalization of $17.83 billion, a price-to-earnings ratio of 42.12, a price-to-earnings-growth ratio of 3.17 and a beta of 1.15. The company has a current ratio of 1.89, a quick ratio of 1.28 and a debt-to-equity ratio of 0.37. The company's 50 day moving average price is $443.91 and its 200 day moving average price is $372.33. Curtiss-Wright Corporation has a 12 month low of $258.85 and a 12 month high of $495.00.

Curtiss-Wright (NYSE:CW - Get Free Report) last released its earnings results on Wednesday, May 7th. The aerospace company reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.39 by $0.43. The firm had revenue of $805.65 million for the quarter, compared to the consensus estimate of $767.32 million. Curtiss-Wright had a return on equity of 18.02% and a net margin of 13.38%. The company's revenue for the quarter was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.99 EPS. On average, equities research analysts anticipate that Curtiss-Wright Corporation will post 12.32 earnings per share for the current fiscal year.

Curtiss-Wright Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 7th. Shareholders of record on Monday, June 16th were paid a $0.24 dividend. The ex-dividend date was Monday, June 16th. This is a boost from Curtiss-Wright's previous quarterly dividend of $0.21. This represents a $0.96 dividend on an annualized basis and a yield of 0.20%. Curtiss-Wright's dividend payout ratio (DPR) is 8.54%.

Analyst Ratings Changes

A number of brokerages recently commented on CW. Robert W. Baird upped their target price on Curtiss-Wright from $432.00 to $500.00 and gave the company an "outperform" rating in a report on Thursday, May 22nd. Wall Street Zen cut shares of Curtiss-Wright from a "strong-buy" rating to a "buy" rating in a research report on Saturday, May 24th. Citigroup raised their price target on Curtiss-Wright from $444.00 to $520.00 and gave the company a "buy" rating in a report on Monday, June 9th. Stifel Nicolaus reduced their price target on Curtiss-Wright from $331.00 to $309.00 and set a "hold" rating for the company in a report on Monday, April 14th. Finally, Truist Financial reduced their price target on Curtiss-Wright from $356.00 to $338.00 and set a "hold" rating for the company in a report on Friday. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $418.00.

Insider Buying and Selling at Curtiss-Wright

In other Curtiss-Wright news, CFO K Christopher Farkas sold 4,780 shares of the stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $350.00, for a total value of $1,673,000.00. Following the completion of the sale, the chief financial officer directly owned 9,253 shares in the company, valued at approximately $3,238,550. This trade represents a 34.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP John C. Watts sold 450 shares of the stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $449.36, for a total value of $202,212.00. Following the completion of the sale, the vice president owned 4,959 shares of the company's stock, valued at approximately $2,228,376.24. This trade represents a 8.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 7,130 shares of company stock worth $2,726,412. 0.55% of the stock is owned by 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.