Mayflower Financial Advisors LLC Makes New $208,000 Investment in Curtiss-Wright Co. (NYSE:CW)

Mayflower Financial Advisors LLC purchased a new position in shares of Curtiss-Wright Co. (NYSE:CW) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 585 shares of the aerospace company’s stock, valued at approximately $208,000.

A number of other large investors have also modified their holdings of the company. Tsfg LLC boosted its stake in Curtiss-Wright by 191.4% during the 3rd quarter. Tsfg LLC now owns 102 shares of the aerospace company’s stock valued at $34,000 after purchasing an additional 67 shares during the period. UMB Bank n.a. grew its holdings in Curtiss-Wright by 303.8% in the 3rd quarter. UMB Bank n.a. now owns 105 shares of the aerospace company’s stock worth $35,000 after buying an additional 79 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Curtiss-Wright in the 3rd quarter valued at approximately $53,000. Brooklyn Investment Group acquired a new position in Curtiss-Wright during the 3rd quarter worth $59,000. Finally, Quarry LP grew its stake in shares of Curtiss-Wright by 176.9% in the second quarter. Quarry LP now owns 252 shares of the aerospace company’s stock worth $68,000 after purchasing an additional 161 shares in the last quarter. Institutional investors and hedge funds own 82.71% of the company’s stock.

Curtiss-Wright Price Performance

Shares of NYSE:CW opened at $338.25 on Thursday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 1.98. The company has a market capitalization of $12.84 billion, a PE ratio of 32.00, a price-to-earnings-growth ratio of 2.73 and a beta of 1.19. The stock has a fifty day moving average of $363.08 and a 200-day moving average of $336.26. Curtiss-Wright Co. has a one year low of $220.90 and a one year high of $393.40.

Curtiss-Wright Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 3rd. Investors of record on Friday, November 22nd were paid a $0.21 dividend. The ex-dividend date was Friday, November 22nd. This represents a $0.84 dividend on an annualized basis and a yield of 0.25%. Curtiss-Wright’s dividend payout ratio is currently 7.95%.

Insider Buying and Selling

In other Curtiss-Wright news, VP John C. Watts sold 412 shares of Curtiss-Wright stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $359.55, for a total transaction of $148,134.60. Following the transaction, the vice president now directly owns 4,183 shares in the company, valued at approximately $1,503,997.65. The trade was a 8.97 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Lynn M. Bamford sold 7,129 shares of the stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $368.80, for a total value of $2,629,175.20. Following the completion of the sale, the chief executive officer now owns 28,688 shares of the company’s stock, valued at $10,580,134.40. The trade was a 19.90 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have purchased 116 shares of company stock valued at $35,278. 0.67% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

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

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.