Pathstone Holdings LLC Has $1.44 Million Holdings in Curtiss-Wright Co. (NYSE:CW)

Pathstone Holdings LLC increased its stake in shares of Curtiss-Wright Co. (NYSE:CW) by 1.0% during the third quarter, HoldingsChannel.com reports. The fund owned 4,388 shares of the aerospace company’s stock after purchasing an additional 45 shares during the period. Pathstone Holdings LLC’s holdings in Curtiss-Wright were worth $1,442,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC boosted its position in Curtiss-Wright by 32,425.8% during the third quarter. International Assets Investment Management LLC now owns 404,946 shares of the aerospace company’s stock worth $133,102,000 after purchasing an additional 403,701 shares during the period. Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in shares of Curtiss-Wright by 30,079.2% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 302,396 shares of the aerospace company’s stock worth $81,943,000 after buying an additional 301,394 shares during the period. Congress Asset Management Co. grew its stake in Curtiss-Wright by 136.8% in the 3rd quarter. Congress Asset Management Co. now owns 459,074 shares of the aerospace company’s stock valued at $150,893,000 after buying an additional 265,205 shares during the last quarter. Assenagon Asset Management S.A. bought a new position in Curtiss-Wright in the 2nd quarter worth $41,383,000. Finally, Van ECK Associates Corp lifted its position in Curtiss-Wright by 79.2% during the 2nd quarter. Van ECK Associates Corp now owns 196,760 shares of the aerospace company’s stock worth $53,318,000 after acquiring an additional 86,955 shares during the last quarter. 82.71% of the stock is owned by institutional investors.

Insider Buying and Selling at Curtiss-Wright

In related news, VP John C. Watts sold 412 shares of the company’s stock in a transaction dated 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 owns 4,183 shares in the company, valued at $1,503,997.65. This represents a 8.97 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.55% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on CW. Robert W. Baird boosted their price objective on Curtiss-Wright from $300.00 to $312.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. Stifel Nicolaus cut Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 price objective for the company. in a research report on Monday, November 18th. StockNews.com lowered shares of Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a research report on Monday, September 23rd. Morgan Stanley increased their price target 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. Finally, Truist Financial boosted their price objective on shares of Curtiss-Wright from $304.00 to $333.00 and gave the stock a “hold” rating in a report on Friday, November 1st. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $364.40.

Curtiss-Wright Trading Down 1.0 %

Shares of CW stock opened at $371.37 on Friday. 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 firm has a fifty day moving average of $352.41 and a 200-day moving average of $309.06. Curtiss-Wright Co. has a 52-week low of $209.01 and a 52-week high of $393.40. The stock has a market cap of $14.09 billion, a price-to-earnings ratio of 35.13 and a beta of 1.17.

Curtiss-Wright Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 3rd. Shareholders of record on Friday, November 22nd will be paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 0.23%. The ex-dividend date is Friday, November 22nd. Curtiss-Wright’s dividend payout ratio is 7.95%.

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.