Curtiss-Wright Corp. (NYSE:CW) CEO David Charles Adams sold 5,694 shares of the firm’s stock in a transaction on Tuesday, November 15th. The stock was sold at an average price of $97.12, for a total value of $553,001.28. Following the transaction, the chief executive officer now owns 72,167 shares in the company, valued at $7,008,859.04. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

David Charles Adams also recently made the following trade(s):

  • On Wednesday, November 2nd, David Charles Adams sold 27,475 shares of Curtiss-Wright Corp. stock. The stock was sold at an average price of $89.40, for a total value of $2,456,265.00.
  • On Thursday, October 13th, David Charles Adams sold 25,655 shares of Curtiss-Wright Corp. stock. The stock was sold at an average price of $86.26, for a total value of $2,213,000.30.

Shares of Curtiss-Wright Corp. (NYSE:CW) traded up 1.09% on Thursday, hitting $99.48. The stock had a trading volume of 58,643 shares. The stock has a market cap of $4.40 billion, a PE ratio of 23.96 and a beta of 1.27. The company’s 50 day moving average is $89.02 and its 200 day moving average is $86.52. Curtiss-Wright Corp. has a one year low of $62.57 and a one year high of $99.55.

Curtiss-Wright Corp. (NYSE:CW) last announced its quarterly earnings results on Wednesday, October 26th. The company reported $1.02 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.01 by $0.01. The company had revenue of $507.09 million for the quarter, compared to analyst estimates of $518.66 million. Curtiss-Wright Corp. had a net margin of 8.84% and a return on equity of 14.85%. Curtiss-Wright Corp.’s revenue for the quarter was down 3.5% on a year-over-year basis. During the same quarter last year, the business earned $0.80 EPS. Equities research 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 firm also recently announced a quarterly dividend, which was paid on Friday, October 21st. Investors of record on Friday, October 7th were issued a dividend of $0.13 per share. The ex-dividend date was Wednesday, October 5th. This represents a $0.52 annualized dividend and a dividend yield of 0.53%. Curtiss-Wright Corp.’s payout ratio is 12.56%.

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

Several institutional investors have recently bought and sold shares of the stock. Renaissance Technologies LLC raised its position in Curtiss-Wright Corp. by 431.4% in the first quarter. Renaissance Technologies LLC now owns 223,700 shares of the company’s stock valued at $16,927,000 after buying an additional 181,600 shares during the last quarter. Nuveen Asset Management LLC raised its position in Curtiss-Wright Corp. by 408.1% in the first quarter. Nuveen Asset Management LLC now owns 17,179 shares of the company’s stock valued at $1,300,000 after buying an additional 13,798 shares during the last quarter. Legal & General Group Plc raised its position in Curtiss-Wright Corp. by 3.0% in the first quarter. Legal & General Group Plc now owns 22,726 shares of the company’s stock valued at $1,717,000 after buying an additional 666 shares during the last quarter. A.R.T. Advisors LLC raised its position in Curtiss-Wright Corp. by 77.1% in the first quarter. A.R.T. Advisors LLC now owns 8,731 shares of the company’s stock valued at $660,000 after buying an additional 3,800 shares during the last quarter. Finally, Metropolitan Life Insurance Co. NY raised its position in Curtiss-Wright Corp. by 121.2% in the first quarter. Metropolitan Life Insurance Co. NY now owns 72,392 shares of the company’s stock valued at $5,478,000 after buying an additional 39,664 shares during the last quarter. Institutional investors and hedge funds own 78.09% of the company’s stock.

About Curtiss-Wright Corp.

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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