New Hampshire Trust Has $229,000 Stock Holdings in Curtiss-Wright Co. (NYSE:CW)

New Hampshire Trust increased its position in Curtiss-Wright Co. (NYSE:CW) by 5.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,245 shares of the aerospace company’s stock after buying an additional 68 shares during the period. New Hampshire Trust’s holdings in Curtiss-Wright were worth $229,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in CW. American Century Companies Inc. grew its stake in shares of Curtiss-Wright by 16.9% in the 1st quarter. American Century Companies Inc. now owns 4,094 shares of the aerospace company’s stock valued at $614,000 after buying an additional 593 shares during the period. US Bancorp DE grew its stake in shares of Curtiss-Wright by 15.4% in the 1st quarter. US Bancorp DE now owns 5,655 shares of the aerospace company’s stock valued at $849,000 after buying an additional 756 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of Curtiss-Wright by 1.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 7,598 shares of the aerospace company’s stock valued at $1,141,000 after buying an additional 121 shares during the period. Acadian Asset Management LLC bought a new position in Curtiss-Wright in the 1st quarter valued at about $308,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in Curtiss-Wright by 10.5% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,381 shares of the aerospace company’s stock valued at $2,159,000 after acquiring an additional 1,371 shares in the last quarter. 80.82% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Stifel Nicolaus raised their price target on shares of Curtiss-Wright from $200.00 to $204.00 and gave the company a “buy” rating in a research report on Wednesday, July 19th. StockNews.com raised shares of Curtiss-Wright from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, September 12th. Truist Financial raised their price target on shares of Curtiss-Wright from $190.00 to $211.00 and gave the company a “buy” rating in a research report on Friday, July 21st. Morgan Stanley raised shares of Curtiss-Wright from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $188.00 to $229.00 in a research report on Monday, August 7th. Finally, Robert W. Baird lifted their price target on shares of Curtiss-Wright from $200.00 to $228.00 and gave the stock an “outperform” rating in a report on Friday, August 4th. Six investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $208.40.

Insider Activity at Curtiss-Wright

In other Curtiss-Wright news, VP John C. Watts sold 224 shares of Curtiss-Wright stock in a transaction on Monday, August 7th. The shares were sold at an average price of $207.63, for a total value of $46,509.12. Following the completion of the transaction, the vice president now directly owns 3,523 shares of the company’s stock, valued at approximately $731,480.49. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, VP John C. Watts sold 224 shares of Curtiss-Wright stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $207.63, for a total transaction of $46,509.12. Following the completion of the sale, the vice president now owns 3,523 shares in the company, valued at approximately $731,480.49. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director David Charles Adams sold 4,660 shares of the business’s stock in a transaction dated Thursday, July 20th. The shares were sold at an average price of $190.00, for a total transaction of $885,400.00. Following the completion of the sale, the director now owns 41,559 shares of the company’s stock, valued at approximately $7,896,210. The disclosure for this sale can be found here. Over the last ninety days, insiders purchased 219 shares of company stock valued at $34,039 and sold 6,948 shares valued at $1,324,069. 0.67% of the stock is currently owned by corporate insiders.

Curtiss-Wright Stock Down 0.8 %

CW traded down $1.62 during midday trading on Friday, reaching $200.58. The company’s stock had a trading volume of 704,227 shares, compared to its average volume of 160,674. The stock’s 50-day moving average is $199.30 and its 200-day moving average is $181.22. Curtiss-Wright Co. has a 1 year low of $136.21 and a 1 year high of $209.77. The company has a current ratio of 2.11, a quick ratio of 1.36 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $7.68 billion, a price-to-earnings ratio of 24.14 and a beta of 1.25.

Curtiss-Wright (NYSE:CW) last issued its quarterly earnings data on Wednesday, August 2nd. The aerospace company reported $2.15 earnings per share for the quarter, beating analysts’ consensus estimates of $1.97 by $0.18. Curtiss-Wright had a net margin of 11.77% and a return on equity of 16.58%. The company had revenue of $704.40 million for the quarter, compared to the consensus estimate of $648.77 million. As a group, research analysts expect that Curtiss-Wright Co. will post 9.08 EPS for the current year.

Curtiss-Wright Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 12th. Investors of record on Friday, September 29th will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $0.80 annualized dividend and a yield of 0.40%. Curtiss-Wright’s payout ratio is 9.63%.

Curtiss-Wright Profile

Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services to the aerospace, defense, general industrial, and power generation markets worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power.