Jackson Creek Investment Advisors LLC Invests $263,000 in Curtiss-Wright Corporation (NYSE:CW)

Jackson Creek Investment Advisors LLC bought a new position in Curtiss-Wright Corporation (NYSE:CW - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 828 shares of the aerospace company's stock, valued at approximately $263,000.

Other large investors have also recently bought and sold shares of the company. Whipplewood Advisors LLC boosted its stake in Curtiss-Wright by 1,566.7% in the first quarter. Whipplewood Advisors LLC now owns 100 shares of the aerospace company's stock worth $32,000 after buying an additional 94 shares in the last quarter. Minot DeBlois Advisors LLC purchased a new stake in Curtiss-Wright during the 4th quarter valued at about $35,000. Private Trust Co. NA increased its stake in Curtiss-Wright by 13,800.0% in the 1st quarter. Private Trust Co. NA now owns 139 shares of the aerospace company's stock worth $44,000 after purchasing an additional 138 shares during the period. Ancora Advisors LLC bought a new stake in Curtiss-Wright in the fourth quarter valued at approximately $49,000. Finally, 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. 82.71% of the stock is owned by institutional investors.

Insider Activity at Curtiss-Wright

In other 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 transaction, the chief financial officer owned 9,253 shares in the company, valued at approximately $3,238,550. This represents a 34.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP John C. Watts sold 450 shares of the business's stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $449.36, for a total transaction of $202,212.00. Following the sale, the vice president owned 4,959 shares of the company's stock, valued at $2,228,376.24. This represents a 8.32% decrease in their position. The disclosure for this sale can be found here. Insiders sold 7,130 shares of company stock worth $2,726,412 in the last three months. 0.55% of the stock is owned by company insiders.

Curtiss-Wright Stock Performance

NYSE CW traded down $5.15 during mid-day trading on Tuesday, reaching $474.91. 250,122 shares of the stock were exchanged, compared to its average volume of 289,121. The business's 50 day moving average is $457.66 and its 200-day moving average is $377.75. The company has a market capitalization of $17.89 billion, a P/E ratio of 42.25, a P/E/G ratio of 3.03 and a beta of 1.15. Curtiss-Wright Corporation has a 1 year low of $258.85 and a 1 year high of $493.95. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.28 and a current ratio of 1.89.

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

Curtiss-Wright Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 7th. Stockholders of record on Monday, June 16th were issued a $0.24 dividend. This is a positive change from Curtiss-Wright's previous quarterly dividend of $0.21. This represents a $0.96 annualized dividend and a dividend yield of 0.20%. The ex-dividend date was Monday, June 16th. Curtiss-Wright's dividend payout ratio is currently 8.54%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Truist Financial decreased their target price on shares of Curtiss-Wright from $356.00 to $338.00 and set a "hold" rating for the company in a research note on Friday, July 11th. Citigroup raised their price target on Curtiss-Wright from $525.00 to $568.00 and gave the company a "buy" rating in a report on Monday, July 14th. Wall Street Zen raised Curtiss-Wright from a "buy" rating to a "strong-buy" rating in a research note on Saturday, July 12th. Robert W. Baird boosted their target price on Curtiss-Wright from $432.00 to $500.00 and gave the stock an "outperform" rating in a research report on Thursday, May 22nd. Finally, Stifel Nicolaus lifted their price objective on Curtiss-Wright from $365.00 to $450.00 and gave the stock a "hold" rating in a research note on Monday. Two research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $467.14.

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.