Epoch Investment Partners Inc. Has $25.51 Million Stock Position in Curtiss-Wright Corporation $CW

Key Points

• Epoch Investment Partners Inc. reduced its holdings in Curtiss-Wright Corporation by 63.6%, now owning 80,388 shares valued at approximately $25.51 million.
• Several major investors, including Bank of New York Mellon and GAMMA Investing, have increased their stakes in the company, highlighting strong institutional interest with 82.71% of the stock held by institutional investors.
• Analysts have set a medium price target for Curtiss-Wright at $468.14, with reports indicating a general consensus rating of "Moderate Buy."

Epoch Investment Partners Inc. reduced its position in Curtiss-Wright Corporation (NYSE:CW - Free Report) by 63.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 80,388 shares of the aerospace company's stock after selling 140,326 shares during the period. Epoch Investment Partners Inc. owned about 0.21% of Curtiss-Wright worth $25,505,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also bought and sold shares of CW. Minot DeBlois Advisors LLC purchased a new stake in shares of Curtiss-Wright in the 4th quarter valued at approximately $35,000. Whipplewood Advisors LLC boosted its position in shares of Curtiss-Wright by 1,566.7% during the 1st quarter. Whipplewood Advisors LLC now owns 100 shares of the aerospace company's stock worth $32,000 after acquiring an additional 94 shares in the last quarter. Ancora Advisors LLC purchased a new position in shares of Curtiss-Wright in the 4th quarter valued at $49,000. Private Trust Co. NA increased its position in shares of Curtiss-Wright by 13,800.0% during the first quarter. Private Trust Co. NA now owns 139 shares of the aerospace company's stock worth $44,000 after purchasing an additional 138 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its position in Curtiss-Wright by 165.3% in the 1st 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 last quarter. 82.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Citigroup raised their price target on Curtiss-Wright from $525.00 to $568.00 and gave the stock a "buy" rating in a report on Monday, July 14th. Stifel Nicolaus raised their price objective on shares of Curtiss-Wright from $450.00 to $457.00 and gave the company a "hold" rating in a research note on Friday, August 8th. Robert W. Baird upped their price target on Curtiss-Wright from $432.00 to $500.00 and gave the stock an "outperform" rating in a report on Thursday, May 22nd. Morgan Stanley upped their target price on shares of Curtiss-Wright from $405.00 to $550.00 and gave the company an "overweight" rating in a report on Thursday, July 17th. Finally, Wall Street Zen cut shares of Curtiss-Wright from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 2nd. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $468.14.

Insider Buying and Selling at Curtiss-Wright

In other news, Director Bruce D. Hoechner sold 1,900 shares of the stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $448.00, for a total transaction of $851,200.00. Following the transaction, the director owned 4,523 shares in the company, valued at approximately $2,026,304. This trade represents a 29.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP John C. Watts sold 1,110 shares of the firm's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $480.50, for a total transaction of $533,355.00. Following the transaction, the vice president directly owned 3,863 shares in the company, valued at $1,856,171.50. This represents a 22.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.55% of the company's stock.

Curtiss-Wright Stock Down 1.7%

NYSE CW traded down $8.30 during trading on Friday, reaching $477.59. The company's stock had a trading volume of 166,637 shares, compared to its average volume of 337,324. Curtiss-Wright Corporation has a 1-year low of $266.88 and a 1-year high of $517.09. The stock has a market capitalization of $18.00 billion, a PE ratio of 40.30, a PEG ratio of 2.98 and a beta of 1.18. The company has a current ratio of 1.95, a quick ratio of 1.35 and a debt-to-equity ratio of 0.35. The business has a 50-day moving average price of $486.07 and a 200-day moving average price of $404.71.

Curtiss-Wright (NYSE:CW - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The aerospace company reported $3.23 EPS 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 firm had revenue of $876.58 million during the quarter, compared to analysts' expectations of $855.10 million. During the same quarter in the prior year, the firm posted $2.67 EPS. The company's revenue for the quarter was up 11.7% on a year-over-year basis. On average, research analysts forecast that Curtiss-Wright Corporation will post 12.32 earnings per share for the current fiscal year.

About Curtiss-Wright

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.