FSM Wealth Advisors LLC Invests $212,000 in Curtiss-Wright Co. (NYSE:CW)

FSM Wealth Advisors LLC acquired a new stake in Curtiss-Wright Co. (NYSE:CW) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 579 shares of the aerospace company’s stock, valued at approximately $212,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Spire Wealth Management acquired a new position in shares of Curtiss-Wright during the fourth quarter worth approximately $102,000. DAVENPORT & Co LLC boosted its position in Curtiss-Wright by 5.0% during the 4th quarter. DAVENPORT & Co LLC now owns 1,194 shares of the aerospace company’s stock worth $424,000 after acquiring an additional 57 shares during the period. Custom Index Systems LLC grew its stake in shares of Curtiss-Wright by 4.6% in the fourth quarter. Custom Index Systems LLC now owns 4,035 shares of the aerospace company’s stock worth $1,432,000 after purchasing an additional 178 shares in the last quarter. Caprock Group LLC increased its holdings in shares of Curtiss-Wright by 6.4% during the fourth quarter. Caprock Group LLC now owns 947 shares of the aerospace company’s stock valued at $336,000 after purchasing an additional 57 shares during the period. Finally, Mayflower Financial Advisors LLC acquired a new stake in Curtiss-Wright in the fourth quarter worth about $208,000. 82.71% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Curtiss-Wright news, CEO Lynn M. Bamford sold 7,129 shares of Curtiss-Wright stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $368.80, for a total transaction of $2,629,175.20. Following the transaction, 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In the last 90 days, insiders bought 116 shares of company stock valued at $35,278. Company insiders own 0.55% of the company’s stock.

Analyst Ratings Changes

CW has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft began coverage on shares of Curtiss-Wright in a research note on Thursday, December 5th. They set a “buy” rating and a $452.00 target price on the stock. Citigroup began coverage on Curtiss-Wright in a report on Tuesday, January 21st. They set a “buy” rating and a $410.00 target price on the stock. Stifel Nicolaus cut Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 price target on the stock. in a research report on Monday, November 18th. Alembic Global Advisors started coverage on Curtiss-Wright in a report on Tuesday, October 29th. They issued an “overweight” rating and a $412.00 price objective for the company. Finally, Morgan Stanley lifted their target price on Curtiss-Wright from $334.00 to $395.00 and gave the stock an “overweight” rating in a report on Tuesday, November 5th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $386.86.

Curtiss-Wright Trading Down 0.4 %

Shares of CW opened at $345.66 on Tuesday. The business’s 50-day moving average price is $361.69 and its 200 day moving average price is $338.02. The company has a current ratio of 1.98, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $13.12 billion, a P/E ratio of 32.70, a P/E/G ratio of 2.47 and a beta of 1.19. Curtiss-Wright Co. has a 1-year low of $220.90 and a 1-year high of $393.40.

Curtiss-Wright Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 3rd. Investors of record on Friday, November 22nd were given a $0.21 dividend. The ex-dividend date was Friday, November 22nd. This represents a $0.84 annualized dividend and a dividend yield of 0.24%. Curtiss-Wright’s dividend payout ratio (DPR) is presently 7.95%.

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.