Lindenwold Advisors INC Has $951,000 Holdings in Curtiss-Wright Co. (NYSE:CW)

Lindenwold Advisors INC grew its holdings in Curtiss-Wright Co. (NYSE:CW) by 2.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,892 shares of the aerospace company’s stock after buying an additional 67 shares during the period. Lindenwold Advisors INC’s holdings in Curtiss-Wright were worth $951,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of Curtiss-Wright by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 3,657,854 shares of the aerospace company’s stock worth $936,191,000 after buying an additional 18,939 shares during the period. O Shaughnessy Asset Management LLC grew its position in shares of Curtiss-Wright by 1.4% in the first quarter. O Shaughnessy Asset Management LLC now owns 37,391 shares of the aerospace company’s stock valued at $9,570,000 after purchasing an additional 524 shares during the last quarter. Bessemer Group Inc. increased its stake in shares of Curtiss-Wright by 7.0% during the first quarter. Bessemer Group Inc. now owns 70,349 shares of the aerospace company’s stock worth $18,004,000 after purchasing an additional 4,584 shares during the period. CANADA LIFE ASSURANCE Co increased its stake in shares of Curtiss-Wright by 1.3% during the first quarter. CANADA LIFE ASSURANCE Co now owns 23,598 shares of the aerospace company’s stock worth $6,047,000 after purchasing an additional 311 shares during the period. Finally, Vident Advisory LLC lifted its holdings in Curtiss-Wright by 809.2% during the 1st quarter. Vident Advisory LLC now owns 11,819 shares of the aerospace company’s stock worth $3,025,000 after purchasing an additional 10,519 shares during the last quarter. 82.71% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on CW. StockNews.com cut Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a research report on Monday, September 23rd. Robert W. Baird raised their price target on shares of Curtiss-Wright from $300.00 to $312.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. Alembic Global Advisors assumed coverage on shares of Curtiss-Wright in a report on Tuesday, October 29th. They issued an “overweight” rating and a $412.00 price objective for the company. Morgan Stanley raised their target price on shares of Curtiss-Wright from $334.00 to $395.00 and gave the stock an “overweight” rating in a report on Tuesday, November 5th. Finally, Truist Financial lifted their price target on shares of Curtiss-Wright from $304.00 to $333.00 and gave the company a “hold” rating in a research report on Friday, November 1st. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $364.40.

Curtiss-Wright Price Performance

CW stock opened at $353.11 on Tuesday. The company’s 50-day moving average price is $343.87 and its two-hundred day moving average price is $304.68. The firm has a market cap of $13.40 billion, a P/E ratio of 33.41 and a beta of 1.17. The company has a quick ratio of 1.39, a current ratio of 1.98 and a debt-to-equity ratio of 0.39. Curtiss-Wright Co. has a 12 month low of $209.01 and a 12 month high of $393.40.

Curtiss-Wright Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 3rd. Shareholders of record on Friday, November 22nd will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.84 annualized dividend and a yield of 0.24%. Curtiss-Wright’s dividend payout ratio is currently 7.95%.

Insiders Place Their Bets

In other news, VP John C. Watts sold 412 shares of the stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $359.55, for a total value of $148,134.60. Following the completion of the transaction, the vice president now owns 4,183 shares of the company’s stock, valued at approximately $1,503,997.65. This represents a 8.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.67% of the company’s stock.

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.