EP Wealth Advisors LLC Invests $1.53 Million in Curtiss-Wright Corporation $CW

EP Wealth Advisors LLC acquired a new position in Curtiss-Wright Corporation (NYSE:CW - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,025 shares of the aerospace company's stock, valued at approximately $1,534,000.

Other institutional investors also recently modified their holdings of the company. Cary Street Partners Investment Advisory LLC acquired a new stake in Curtiss-Wright during the 4th quarter worth about $31,000. Larson Financial Group LLC lifted its position in shares of Curtiss-Wright by 53.8% during the 3rd quarter. Larson Financial Group LLC now owns 60 shares of the aerospace company's stock valued at $33,000 after acquiring an additional 21 shares during the period. Transamerica Financial Advisors LLC grew its holdings in Curtiss-Wright by 25.9% in the fourth quarter. Transamerica Financial Advisors LLC now owns 73 shares of the aerospace company's stock worth $40,000 after purchasing an additional 15 shares during the period. Signature Equity Partners LLC grew its stake in shares of Curtiss-Wright by 140.0% in the 1st quarter. Signature Equity Partners LLC now owns 60 shares of the aerospace company's stock valued at $41,000 after buying an additional 35 shares during the period. Finally, Elevation Wealth Partners LLC increased its position in Curtiss-Wright by 237.5% in the 2nd quarter. Elevation Wealth Partners LLC now owns 54 shares of the aerospace company's stock valued at $41,000 after buying an additional 38 shares in the last quarter. 82.71% of the stock is owned by institutional investors.

Curtiss-Wright Trading Down 0.1%

Shares of CW stock opened at $634.55 on Monday. The company has a 50 day moving average of $734.68 and a 200-day moving average of $716.27. Curtiss-Wright Corporation has a 12-month low of $465.51 and a 12-month high of $808.16. The firm has a market cap of $23.43 billion, a P/E ratio of 43.67, a PEG ratio of 2.86 and a beta of 0.87. The company has a quick ratio of 1.12, a current ratio of 1.60 and a debt-to-equity ratio of 0.27.

Curtiss-Wright (NYSE:CW - Get Free Report) last released its earnings results on Thursday, August 6th. The aerospace company reported $3.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.62 by $0.10. Curtiss-Wright had a return on equity of 20.49% and a net margin of 14.81%.The business had revenue of $924.01 million during the quarter, compared to the consensus estimate of $926.17 million. During the same period last year, the business posted $3.23 earnings per share. The business's revenue for the quarter was up 5.4% on a year-over-year basis. Sell-side analysts anticipate that Curtiss-Wright Corporation will post 15.28 earnings per share for the current year.

Insider Activity at Curtiss-Wright

In other news, EVP John C. Watts sold 220 shares of Curtiss-Wright stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $752.91, for a total value of $165,640.20. Following the completion of the transaction, the executive vice president directly owned 3,962 shares in the company, valued at approximately $2,983,029.42. The trade was a 5.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Gary A. Ogilby sold 399 shares of the business's stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $721.95, for a total value of $288,058.05. Following the sale, the vice president owned 2,172 shares in the company, valued at approximately $1,568,075.40. The trade was a 15.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 3,119 shares of company stock worth $2,257,998. 0.51% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CW. Morgan Stanley reiterated an "overweight" rating and issued a $860.00 target price on shares of Curtiss-Wright in a report on Wednesday, July 15th. Stifel Nicolaus lifted their target price on Curtiss-Wright from $724.00 to $768.00 and gave the company a "hold" rating in a research report on Monday, July 20th. Weiss Ratings upgraded shares of Curtiss-Wright from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday. Wall Street Zen cut shares of Curtiss-Wright from a "buy" rating to a "hold" rating in a report on Saturday, August 15th. Finally, Citigroup lifted their target price on shares of Curtiss-Wright from $775.00 to $793.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 1st. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $782.50.

Curtiss-Wright Company Profile

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.

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