HWG Holdings LP Has $14.20 Million Position in Curtiss-Wright Co. (NYSE:CW)

HWG Holdings LP boosted its position in Curtiss-Wright Co. (NYSE:CW) by 104.3% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 43,203 shares of the aerospace company’s stock after acquiring an additional 22,056 shares during the period. Curtiss-Wright accounts for approximately 4.9% of HWG Holdings LP’s portfolio, making the stock its 5th largest holding. HWG Holdings LP’s holdings in Curtiss-Wright were worth $14,200,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in CW. Tsfg LLC lifted its position in shares of Curtiss-Wright by 191.4% during the third quarter. Tsfg LLC now owns 102 shares of the aerospace company’s stock worth $34,000 after acquiring an additional 67 shares in the last quarter. Versant Capital Management Inc lifted its holdings in Curtiss-Wright by 5,050.0% during the 2nd quarter. Versant Capital Management Inc now owns 103 shares of the aerospace company’s stock worth $28,000 after purchasing an additional 101 shares in the last quarter. UMB Bank n.a. lifted its holdings in Curtiss-Wright by 303.8% during the 3rd quarter. UMB Bank n.a. now owns 105 shares of the aerospace company’s stock worth $35,000 after purchasing an additional 79 shares in the last quarter. GPS Wealth Strategies Group LLC bought a new position in Curtiss-Wright in the 2nd quarter worth about $30,000. Finally, EverSource Wealth Advisors LLC grew its holdings in Curtiss-Wright by 1,933.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 122 shares of the aerospace company’s stock valued at $31,000 after buying an additional 116 shares in the last quarter. 82.71% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Curtiss-Wright

In other Curtiss-Wright news, Director Glenda J. Minor sold 500 shares of the company’s stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $302.80, for a total value of $151,400.00. Following the completion of the sale, the director now owns 1,382 shares of the company’s stock, valued at $418,469.60. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.67% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Robert W. Baird increased their price target on shares of Curtiss-Wright from $300.00 to $312.00 and gave the stock an “outperform” rating in a report on Friday, August 9th. Truist Financial increased their target price on shares of Curtiss-Wright from $270.00 to $304.00 and gave the stock a “hold” rating in a research note on Friday, October 18th. Stifel Nicolaus boosted their price target on shares of Curtiss-Wright from $318.00 to $361.00 and gave the company a “buy” rating in a research report on Wednesday, October 16th. Finally, StockNews.com cut shares of Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a report on Monday, September 23rd. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $326.75.

Curtiss-Wright Trading Down 1.7 %

Shares of Curtiss-Wright stock opened at $344.11 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.05 and a quick ratio of 1.42. Curtiss-Wright Co. has a 1 year low of $194.46 and a 1 year high of $367.55. The firm has a market cap of $13.18 billion, a PE ratio of 35.44 and a beta of 1.18. The company has a 50 day simple moving average of $324.34 and a two-hundred day simple moving average of $290.92.

Curtiss-Wright (NYSE:CW) last posted its quarterly earnings data on Wednesday, August 7th. The aerospace company reported $2.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.24 by $0.43. The company had revenue of $785.00 million during the quarter, compared to the consensus estimate of $735.82 million. Curtiss-Wright had a net margin of 13.05% and a return on equity of 17.07%. The firm’s revenue was up 11.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.15 EPS. Analysts expect that Curtiss-Wright Co. will post 10.56 earnings per share for the current fiscal year.

Curtiss-Wright Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 11th. Stockholders of record on Friday, September 27th were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.84 annualized dividend and a dividend yield of 0.24%. Curtiss-Wright’s dividend payout ratio (DPR) is presently 8.65%.

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.