Curtiss-Wright Co. (NYSE:CW) COO Kevin Rayment Acquires 52 Shares

Curtiss-Wright Co. (NYSE:CW) COO Kevin Rayment bought 52 shares of the firm’s stock in a transaction dated Monday, January 6th. The shares were purchased at an average price of $304.12 per share, with a total value of $15,814.24. Following the acquisition, the chief operating officer now directly owns 19,966 shares in the company, valued at approximately $6,072,059.92. This trade represents a 0.26 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Curtiss-Wright Stock Up 0.3 %

Shares of NYSE:CW traded up $1.22 during trading on Monday, hitting $350.64. The company’s stock had a trading volume of 292,117 shares, compared to its average volume of 396,539. Curtiss-Wright Co. has a fifty-two week low of $212.05 and a fifty-two week high of $393.40. The stock’s 50-day moving average price is $364.83 and its two-hundred day moving average price is $325.92. 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 $13.31 billion, a PE ratio of 33.17, a PEG ratio of 2.96 and a beta of 1.19.

Curtiss-Wright Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 3rd. Stockholders of record on Friday, November 22nd were given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.24%. The ex-dividend date was Friday, November 22nd. Curtiss-Wright’s payout ratio is currently 7.95%.

Analyst Ratings Changes

Several research firms have recently issued reports on CW. Stifel Nicolaus lowered shares of 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. Alembic Global Advisors initiated coverage on Curtiss-Wright in a report on Tuesday, October 29th. They issued an “overweight” rating and a $412.00 price target for the company. Truist Financial raised their price objective on Curtiss-Wright from $304.00 to $333.00 and gave the company a “hold” rating in a research report on Friday, November 1st. Deutsche Bank Aktiengesellschaft began coverage on Curtiss-Wright in a research report on Thursday, December 5th. They issued a “buy” rating and a $452.00 target price for the company. Finally, StockNews.com lowered Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a research report on Monday, September 23rd. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, Curtiss-Wright has a consensus rating of “Moderate Buy” and an average target price of $379.00.

Institutional Trading of Curtiss-Wright

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Signaturefd LLC increased its position in shares of Curtiss-Wright by 7.8% in the 3rd quarter. Signaturefd LLC now owns 401 shares of the aerospace company’s stock worth $132,000 after purchasing an additional 29 shares during the last quarter. Tidal Investments LLC grew its stake in Curtiss-Wright by 2.6% in the third quarter. Tidal Investments LLC now owns 1,159 shares of the aerospace company’s stock worth $381,000 after purchasing an additional 29 shares in the last quarter. CIBC Asset Management Inc increased its holdings in Curtiss-Wright by 3.5% in the third quarter. CIBC Asset Management Inc now owns 1,103 shares of the aerospace company’s stock valued at $363,000 after buying an additional 37 shares during the last quarter. OneDigital Investment Advisors LLC raised its stake in Curtiss-Wright by 3.3% during the third quarter. OneDigital Investment Advisors LLC now owns 1,162 shares of the aerospace company’s stock valued at $382,000 after buying an additional 37 shares in the last quarter. Finally, Pathstone Holdings LLC lifted its holdings in Curtiss-Wright by 1.0% during the 3rd quarter. Pathstone Holdings LLC now owns 4,388 shares of the aerospace company’s stock worth $1,442,000 after buying an additional 45 shares during the last quarter. Institutional investors own 82.71% of the company’s stock.

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.