Curtiss-Wright Corp. (NYSE:CW) Director S Marce Fuller sold 8,356 shares of the firm’s stock in a transaction on Wednesday, November 16th. The stock was sold at an average price of $97.84, for a total value of $817,551.04. Following the completion of the transaction, the director now directly owns 15,197 shares of the company’s stock, valued at $1,486,874.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Curtiss-Wright Corp. (NYSE:CW) traded up 0.40% during mid-day trading on Wednesday, hitting $98.41. The stock had a trading volume of 245,668 shares. Curtiss-Wright Corp. has a 1-year low of $62.57 and a 1-year high of $98.57. The stock’s 50-day moving average price is $88.78 and its 200 day moving average price is $86.43. The company has a market capitalization of $4.35 billion, a P/E ratio of 23.70 and a beta of 1.27.

Curtiss-Wright Corp. (NYSE:CW) last released its quarterly earnings results on Wednesday, October 26th. The company reported $1.02 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.01 by $0.01. The business earned $507.09 million during the quarter, compared to the consensus estimate of $518.66 million. Curtiss-Wright Corp. had a return on equity of 14.85% and a net margin of 8.84%. The firm’s quarterly revenue was down 3.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.80 EPS. On average, analysts predict that Curtiss-Wright Corp. will post $4.11 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Curtiss-Wright Corp. (NYSE:CW)

The company also recently declared a quarterly dividend, which was paid on Friday, October 21st. Investors of record on Friday, October 7th were paid a $0.13 dividend. The ex-dividend date of this dividend was Wednesday, October 5th. This represents a $0.52 annualized dividend and a yield of 0.53%. Curtiss-Wright Corp.’s dividend payout ratio (DPR) is presently 12.56%.

CW has been the subject of several research reports. Zacks Investment Research cut Curtiss-Wright Corp. from a “buy” rating to a “hold” rating in a research report on Monday, August 1st. William Blair began coverage on Curtiss-Wright Corp. in a research note on Wednesday, August 3rd. They set a “market perform” rating and a $92.00 price objective for the company. Bank of America Corp. lowered Curtiss-Wright Corp. from a “buy” rating to a “neutral” rating and set a $100.00 price objective for the company. in a research note on Friday, November 11th. They noted that the move was a valuation call. Finally, CL King lowered Curtiss-Wright Corp. from a “buy” rating to a “neutral” rating in a research note on Friday, November 11th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $95.00.

A number of hedge funds have recently added to or reduced their stakes in CW. Hsbc Holdings PLC increased its stake in Curtiss-Wright Corp. by 0.8% in the third quarter. Hsbc Holdings PLC now owns 3,184 shares of the company’s stock valued at $290,000 after buying an additional 25 shares during the period. Public Employees Retirement System of Ohio increased its stake in Curtiss-Wright Corp. by 1.8% in the second quarter. Public Employees Retirement System of Ohio now owns 2,477 shares of the company’s stock valued at $209,000 after buying an additional 44 shares during the period. Amalgamated Bank increased its stake in Curtiss-Wright Corp. by 1.6% in the second quarter. Amalgamated Bank now owns 5,391 shares of the company’s stock valued at $483,000 after buying an additional 87 shares during the period. Oakbrook Investments LLC increased its stake in Curtiss-Wright Corp. by 2.9% in the second quarter. Oakbrook Investments LLC now owns 3,600 shares of the company’s stock valued at $303,000 after buying an additional 100 shares during the period. Finally, State Treasurer State of Michigan increased its stake in Curtiss-Wright Corp. by 0.6% in the second quarter. State Treasurer State of Michigan now owns 17,900 shares of the company’s stock valued at $1,508,000 after buying an additional 100 shares during the period. Institutional investors and hedge funds own 78.09% of the company’s stock.

Curtiss-Wright Corp. Company Profile

Curtiss-Wright Corporation is a provider of engineered products and services to the commercial, defense, energy and industrial markets. The Company operates through three segments: Commercial/Industrial, which provides a diversified offering of engineered products and services supporting applications primarily across the commercial aerospace and general industrial markets; Defense, which consists of businesses that primarily provide products to the defense markets and to the commercial aerospace market, and Power, which consists of businesses that primarily provide products to the power generation markets and to the naval defense market.

5 Day Chart for NYSE:CW

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