Williamson Legacy Group LLC Purchases 129 Shares of Curtiss-Wright Co. (NYSE:CW)

Williamson Legacy Group LLC lifted its stake in Curtiss-Wright Co. (NYSE:CW) by 4.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,001 shares of the aerospace company’s stock after purchasing an additional 129 shares during the quarter. Williamson Legacy Group LLC’s holdings in Curtiss-Wright were worth $1,065,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of CW. Creative Planning raised its position in Curtiss-Wright by 8.2% during the 3rd quarter. Creative Planning now owns 3,005 shares of the aerospace company’s stock worth $988,000 after buying an additional 227 shares during the last quarter. Diversify Advisory Services LLC raised its position in Curtiss-Wright by 9.9% during the 3rd quarter. Diversify Advisory Services LLC now owns 1,040 shares of the aerospace company’s stock worth $366,000 after buying an additional 94 shares during the last quarter. First Trust Direct Indexing L.P. raised its position in Curtiss-Wright by 6.3% during the 3rd quarter. First Trust Direct Indexing L.P. now owns 1,126 shares of the aerospace company’s stock worth $370,000 after buying an additional 67 shares during the last quarter. Diversify Wealth Management LLC raised its position in Curtiss-Wright by 14.8% during the 3rd quarter. Diversify Wealth Management LLC now owns 2,021 shares of the aerospace company’s stock worth $708,000 after buying an additional 261 shares during the last quarter. Finally, US Bancorp DE raised its position in Curtiss-Wright by 94.0% during the 3rd quarter. US Bancorp DE now owns 8,873 shares of the aerospace company’s stock worth $2,916,000 after buying an additional 4,300 shares during the last quarter. 82.71% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Curtiss-Wright news, VP John C. Watts sold 622 shares of Curtiss-Wright stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $347.05, for a total transaction of $215,865.10. Following the sale, the vice president now owns 5,072 shares of the company’s stock, valued at $1,760,237.60. The trade was a 10.92 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Lynn M. Bamford sold 7,129 shares of Curtiss-Wright stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $368.80, for a total transaction of $2,629,175.20. Following the sale, the chief executive officer now directly owns 28,688 shares in the company, valued at approximately $10,580,134.40. This trade represents a 19.90 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have acquired 116 shares of company stock valued at $35,278 and have sold 23,064 shares valued at $8,157,322. 0.67% of the stock is currently owned by corporate insiders.

Curtiss-Wright Price Performance

Curtiss-Wright stock opened at $322.24 on Friday. The company’s fifty day moving average price is $348.05 and its 200 day moving average price is $344.00. Curtiss-Wright Co. has a 1 year low of $234.49 and a 1 year high of $393.40. The stock has a market capitalization of $12.14 billion, a P/E ratio of 30.54, a P/E/G ratio of 2.48 and a beta of 1.19. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.19 and a current ratio of 1.69.

Curtiss-Wright (NYSE:CW) last released its quarterly earnings results on Wednesday, February 12th. The aerospace company reported $3.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.12 by $0.15. Curtiss-Wright had a net margin of 12.98% and a return on equity of 17.11%. As a group, equities research analysts anticipate that Curtiss-Wright Co. will post 12.32 earnings per share for the current fiscal year.

Curtiss-Wright Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Thursday, March 27th will be paid a dividend of $0.21 per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $0.84 annualized dividend and a yield of 0.26%. Curtiss-Wright’s dividend payout ratio (DPR) is presently 7.96%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on CW shares. Stifel Nicolaus lowered shares of Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 price target for the company. in a research report on Monday, November 18th. Truist Financial lifted their target price on shares of Curtiss-Wright from $333.00 to $357.00 and gave the company a “hold” rating in a report on Tuesday, January 14th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Curtiss-Wright in a report on Thursday, December 5th. They set a “buy” rating and a $452.00 target price for the company. Citigroup initiated coverage on shares of Curtiss-Wright in a report on Tuesday, January 21st. They set a “buy” rating and a $410.00 target price for the company. Finally, Morgan Stanley lifted their target price on shares of Curtiss-Wright from $334.00 to $395.00 and gave the company an “overweight” rating in a report on Tuesday, November 5th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $386.86.

Curtiss-Wright Company 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.