Alliance Wealth Advisors LLC UT Secures $325,000 Position at Curtiss-Wright Co. (NYSE:CW)

Financial Advisors


Alliance Wealth Advisors LLC UT purchased a new position in Curtiss-Wright (NYSE: CW – Get Rating) in the fourth quarter, the fund said in its latest filings with the U.S. Securities and Exchange Commission. Purchased 1,943 shares of stock in an aerospace company, valued at approximately $325,000.

Other hedge funds have also recently bought and sold shares in the company. MML Investors Services LLC increased his Curtiss-Wright stake by 2.6% in the third quarter. MML Investors Services LLC now owns 2,409 shares of the aerospace company, valued at $335,000, after acquiring an additional 61 shares during this period. Pathstone Family Office LLC increased Curtiss-Wright’s stake by 2.6% in the third quarter. Pathstone Family Office LLC owns 2,505 shares of the aerospace company, valued at $348,000, after acquiring an additional 63 shares during this period. The Oregon Public Employees Retirement Fund increased his stake in Curtiss-Wright shares by 0.6% in the fourth quarter. The Oregon Public Employees Retirement Fund now owns 11,286 shares of the aerospace company worth $1,885,000 after acquiring an additional 70 shares during this period. First Republic Investment Management Inc. increased its shares in Curtiss-Wright by 1.2% in the third quarter. First Republic Investment Management Inc. owns 6,967 of his shares worth $969,000 in the aerospace company after purchasing an additional 83 shares during this period. Finally, the Alaska Department of Revenue increased Curtiss-Wright’s stock by 0.3% in the fourth quarter. The Alaska Department of Revenue owns 31,405 shares of the aerospace company worth $5,243,000 after purchasing an additional 85 shares during this period. Institutional investors own 84.95% of the company’s shares.

Insider trading at Curtis-Wright

In separate news, COO Kevin Rayment sold 1,055 shares of Curtiss-Wright stock in a transaction on Tuesday, March 21st. The shares sold for a total of $180,405.00 at an average price of $171.00. Following the closing of the sale, the Chief Operating Officer now owns 16,849 shares of the Company’s stock valued at $2,881,179. The sale is disclosed in documents filed with the SEC and available on his website. In related news, COO Kevin Rayment sold 1,055 shares of the company in a transaction on Tuesday, March 21st. The shares sold for a total of $180,405.00 at an average price of $171.00. Following the transaction, the Chief Operating Officer now owns 16,849 shares of the company’s stock valued at $2,881,179. The transaction was disclosed in legal filings with the SEC available at this hyperlink. CEO Lynn M. Bamford also sold 2,223 shares of the company in a transaction that took place on Wednesday, February 15. The shares sold at an average price of $169.42, giving him a total of $376,620.66. After the sale, the CEO now owns 17,356 shares in the company, valued at approximately $2,940,453.52. Please see here for the disclosure of this sale. Insiders say he sold a total of 8,586 shares of company stock worth $1,459,205 in the last three months. His 0.67% of shares are now owned by insiders.

Wall Street Analyst Predicts Growth

Several equity analysts have recently commented on CW stock. Stifel Nicolaus raised Curtiss-Wright’s price target from his $196.00 to his $200.00, giving the company a “buy” rating in a research note on Monday, April 17. StockNews.com upgraded Curtiss-Wright’s rating from “buy” to “strong buy” in its research report on Wednesday, May 3. Finally, Truist Financial increased his price target on Curtiss-Wright from $183.00 to $190.00, giving it a ‘Buy’ rating in its report on Thursday, February 23. One of his stock research analysts gave the company’s stock a hold rating, three gave it a buy rating, and one gave it a strong buy rating. Based on MarketBeat.com data, the stock’s current average rating is ‘buy’ with a consensus price target of $186.80.

Curtiss-Wright shares up 0.8%

NYSE CW shares opened at $164.70 on Monday. Curtiss-Wright Co. has a 52-week low of $124.37 and a 52-week high of $182.55. The 50-day moving average price for this business is $172.61 and the 200-day moving average price is $170.45. The company has a quick ratio of 1.06, a current ratio of 2.15 and a debt to equity ratio of 0.60. The stock has a market cap of $6.31 billion, a PE ratio of 20.33 and a beta of 1.24.

Curtiss-Wright (NYSE:CW – Get Rating) last reported quarterly results on Wednesday, May 3rd. The aerospace company reported his earnings per share of $1.53 for the quarter, beating analysts’ consensus forecast of $1.41 for him by $0.12. Curtiss-Wright’s return on equity was 16.54% and net profit margin was 11.81%. The company posted revenue of $631 million for the quarter, compared to consensus expectations of $585.49 million. Earnings per share in the year-ago quarter were $1.31. The company’s revenue for the quarter increased 12.8% compared to the same quarter last year. Equity research analysts expect Curtiss-Wright Co. to post earnings per share of 8.77 this year.

Curtiss-Wright Dividend Announcement

The business recently announced a quarterly dividend, which was paid on Friday, April 14th. A dividend of $0.19 was issued to shareholders of record on Friday, March 31. The ex-dividend date was Thursday, March 30. This represents his $0.76 dividend and his 0.46% dividend yield on an annual basis. Curtiss-Wright has a dividend payout ratio (DPR) of 9.45%.

Curtiss Wright company overview

(get rating)

Curtiss-Wright Corp. is a global integrated company providing products, solutions and services designed primarily for the aerospace and defense markets, as well as critical technology in demanding commercial power, process and industrial markets. We also offer He operates in three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power.

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Curtis-Wright (NYSE:CW) Quarterly Institutional Ownership

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