5,035 Shares in Curtiss-Wright Co. (NYSE:CW) Acquired by Nomura Holdings Inc.

Nomura Holdings Inc. purchased a new stake in shares of Curtiss-Wright Co. (NYSE:CW - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 5,035 shares of the aerospace company's stock, valued at approximately $1,787,000.

A number of other large investors also recently bought and sold shares of CW. YANKCOM Partnership purchased a new stake in Curtiss-Wright in the 4th quarter worth $31,000. Minot DeBlois Advisors LLC acquired a new position in shares of Curtiss-Wright during the 4th quarter worth about $35,000. Ancora Advisors LLC purchased a new position in Curtiss-Wright in the 4th quarter valued at about $49,000. UMB Bank n.a. boosted its holdings in Curtiss-Wright by 61.0% in the 4th quarter. UMB Bank n.a. now owns 169 shares of the aerospace company's stock worth $60,000 after buying an additional 64 shares during the last quarter. Finally, Altshuler Shaham Ltd purchased a new stake in Curtiss-Wright during the 4th quarter worth approximately $70,000. 82.71% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently issued reports on CW shares. Stifel Nicolaus lowered their price target on Curtiss-Wright from $331.00 to $309.00 and set a "hold" rating on the stock in a research note on Monday, April 14th. Truist Financial dropped their price objective on shares of Curtiss-Wright from $357.00 to $338.00 and set a "hold" rating for the company in a research note on Thursday, April 17th. StockNews.com upgraded shares of Curtiss-Wright from a "buy" rating to a "strong-buy" rating in a report on Tuesday, May 13th. Finally, Citigroup lowered their target price on Curtiss-Wright from $450.00 to $424.00 and set a "buy" rating on the stock in a report on Thursday, April 10th. Two equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $377.43.

Curtiss-Wright Trading Down 0.8%

CW traded down $3.50 on Wednesday, hitting $415.54. The company had a trading volume of 431,528 shares, compared to its average volume of 271,718. The company has a current ratio of 1.69, a quick ratio of 1.19 and a debt-to-equity ratio of 0.39. The firm has a market cap of $15.65 billion, a P/E ratio of 39.39, a PEG ratio of 2.48 and a beta of 1.04. The company's fifty day moving average price is $339.34 and its 200 day moving average price is $348.01. Curtiss-Wright Co. has a 1 year low of $258.85 and a 1 year high of $423.20.

Curtiss-Wright (NYSE:CW - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The aerospace company reported $2.82 earnings per share for the quarter, topping analysts' consensus estimates of $2.39 by $0.43. Curtiss-Wright had a net margin of 12.98% and a return on equity of 17.11%. The firm had revenue of $805.65 million during the quarter, compared to analysts' expectations of $767.32 million. During the same quarter last year, the company posted $1.99 EPS. The firm's quarterly revenue was up 13.0% on a year-over-year basis. As a group, equities analysts expect that Curtiss-Wright Co. will post 12.32 earnings per share for the current year.

Curtiss-Wright Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 7th. Shareholders of record on Monday, June 16th will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Monday, June 16th. This is a positive change from Curtiss-Wright's previous quarterly dividend of $0.21. This represents a $0.96 dividend on an annualized basis and a yield of 0.23%. Curtiss-Wright's dividend payout ratio is 8.54%.

Insider Transactions at Curtiss-Wright

In related news, CFO K Christopher Farkas sold 922 shares of Curtiss-Wright stock in a transaction that occurred on Tuesday, March 18th. The shares were sold at an average price of $325.47, for a total value of $300,083.34. Following the completion of the transaction, the chief financial officer now owns 14,033 shares in the company, valued at $4,567,320.51. The trade was a 6.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP George P. Mcdonald sold 148 shares of the stock in a transaction that occurred on Tuesday, March 18th. The shares were sold at an average price of $325.41, for a total transaction of $48,160.68. Following the completion of the sale, the vice president now directly owns 1,899 shares in the company, valued at approximately $617,953.59. This represents a 7.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 10,642 shares of company stock valued at $3,581,107. 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.