EntryPoint Capital LLC Purchases 387 Shares of Curtiss-Wright Co. (NYSE:CW)

EntryPoint Capital LLC boosted its position in shares of Curtiss-Wright Co. (NYSE:CW) by 53.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,108 shares of the aerospace company’s stock after buying an additional 387 shares during the quarter. EntryPoint Capital LLC’s holdings in Curtiss-Wright were worth $393,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. William Blair Investment Management LLC bought a new stake in shares of Curtiss-Wright in the 4th quarter worth approximately $132,626,000. TimesSquare Capital Management LLC lifted its stake in Curtiss-Wright by 1,773.1% in the fourth quarter. TimesSquare Capital Management LLC now owns 176,072 shares of the aerospace company’s stock worth $62,483,000 after acquiring an additional 166,672 shares during the period. Principal Financial Group Inc. boosted its holdings in Curtiss-Wright by 170.2% in the fourth quarter. Principal Financial Group Inc. now owns 259,435 shares of the aerospace company’s stock valued at $92,065,000 after acquiring an additional 163,433 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in Curtiss-Wright by 90.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 338,506 shares of the aerospace company’s stock valued at $118,961,000 after purchasing an additional 160,395 shares during the period. Finally, World Investment Advisors LLC bought a new position in Curtiss-Wright in the 3rd quarter worth $47,220,000. Hedge funds and other institutional investors own 82.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Truist Financial boosted their price target on shares of Curtiss-Wright from $333.00 to $357.00 and gave the company a “hold” rating in a research report on Tuesday, January 14th. Citigroup assumed 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. Finally, Deutsche Bank Aktiengesellschaft started coverage on Curtiss-Wright in a research note on Thursday, December 5th. They issued a “buy” rating and a $452.00 target price for the company. Two 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.com, Curtiss-Wright currently has an average rating of “Moderate Buy” and an average target price of $386.86.

Insider Transactions at Curtiss-Wright

In other news, VP George P. Mcdonald sold 148 shares of the business’s stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $325.41, for a total value of $48,160.68. Following the completion of the transaction, the vice president now owns 1,899 shares in the company, valued at $617,953.59. The trade was a 7.23 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP John C. Watts sold 622 shares of the stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $347.05, for a total value of $215,865.10. Following the sale, the vice president now directly owns 5,072 shares in the company, valued at $1,760,237.60. This trade represents a 10.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have bought 116 shares of company stock worth $35,278 and have sold 21,797 shares worth $7,436,255. Insiders own 0.67% of the company’s stock.

Curtiss-Wright Price Performance

CW stock opened at $330.23 on Thursday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.19 and a current ratio of 1.69. The firm has a market capitalization of $12.44 billion, a price-to-earnings ratio of 31.30, a PEG ratio of 2.48 and a beta of 1.15. The firm has a 50 day moving average price of $335.95 and a 200-day moving average price of $346.29. Curtiss-Wright Co. has a 52-week low of $246.43 and a 52-week high of $393.40.

Curtiss-Wright (NYSE:CW) last released its earnings results on Wednesday, February 12th. The aerospace company reported $3.27 EPS for the quarter, topping the consensus estimate of $3.12 by $0.15. Curtiss-Wright had a return on equity of 17.11% and a net margin of 12.98%. Equities research analysts forecast that Curtiss-Wright Co. will post 12.32 EPS for the current fiscal year.

Curtiss-Wright Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Thursday, March 27th will be issued a $0.21 dividend. The ex-dividend date is Thursday, March 27th. This represents a $0.84 annualized dividend and a yield of 0.25%. Curtiss-Wright’s dividend payout ratio (DPR) is presently 7.96%.

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.