Aberdeen Asset Management PLC UK lifted its stake in Curtiss-Wright Corporation (NYSE:CW) by 12.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 564,080 shares of the aerospace company’s stock after buying an additional 63,559 shares during the period. Aberdeen Asset Management PLC UK owned about 1.28% of Curtiss-Wright Corporation worth $51,772,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Neuberger Berman Group LLC raised its holdings in shares of Curtiss-Wright Corporation by 0.5% in the 2nd quarter. Neuberger Berman Group LLC now owns 3,297 shares of the aerospace company’s stock worth $303,000 after buying an additional 18 shares in the last quarter. World Asset Management Inc increased its holdings in Curtiss-Wright Corporation by 1.2% during the 2nd quarter. World Asset Management Inc now owns 2,749 shares of the aerospace company’s stock valued at $252,000 after purchasing an additional 33 shares in the last quarter. Teacher Retirement System of Texas increased its holdings in Curtiss-Wright Corporation by 1.4% during the 2nd quarter. Teacher Retirement System of Texas now owns 3,386 shares of the aerospace company’s stock valued at $311,000 after purchasing an additional 46 shares in the last quarter. Oakbrook Investments LLC increased its holdings in Curtiss-Wright Corporation by 1.6% during the 2nd quarter. Oakbrook Investments LLC now owns 3,250 shares of the aerospace company’s stock valued at $298,000 after purchasing an additional 50 shares in the last quarter. Finally, Northwestern Mutual Investment Management Company LLC increased its holdings in Curtiss-Wright Corporation by 0.7% during the 1st quarter. Northwestern Mutual Investment Management Company LLC now owns 7,674 shares of the aerospace company’s stock valued at $700,000 after purchasing an additional 51 shares in the last quarter. 76.62% of the stock is owned by institutional investors and hedge funds.

Curtiss-Wright Corporation (CW) traded up 0.65% during midday trading on Friday, reaching $96.83. The company had a trading volume of 142,828 shares. The stock has a market cap of $4.27 billion, a P/E ratio of 21.97 and a beta of 1.26. Curtiss-Wright Corporation has a 12 month low of $82.77 and a 12 month high of $107.61. The firm has a 50-day moving average of $96.16 and a 200-day moving average of $92.98.

Curtiss-Wright Corporation (NYSE:CW) last announced its quarterly earnings data on Wednesday, July 26th. The aerospace company reported $1.13 EPS for the quarter, beating the consensus estimate of $0.97 by $0.16. Curtiss-Wright Corporation had a net margin of 9.14% and a return on equity of 14.79%. The business had revenue of $567.70 million during the quarter, compared to the consensus estimate of $546.73 million. During the same period in the previous year, the business earned $0.88 earnings per share. The company’s revenue was up 6.6% on a year-over-year basis. On average, equities analysts expect that Curtiss-Wright Corporation will post $4.55 EPS for the current fiscal year.

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In other Curtiss-Wright Corporation news, Director S Marce Fuller sold 1,300 shares of the business’s stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $96.16, for a total transaction of $125,008.00. Following the completion of the transaction, the director now directly owns 14,960 shares in the company, valued at $1,438,553.60. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.10% of the stock is owned by insiders.

A number of equities research analysts recently weighed in on CW shares. Zacks Investment Research cut Curtiss-Wright Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, August 30th. SunTrust Banks, Inc. raised Curtiss-Wright Corporation from a “hold” rating to a “buy” rating and raised their price target for the company from $103.00 to $112.00 in a report on Monday, June 5th. Finally, BidaskClub raised Curtiss-Wright Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 8th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $107.25.

Curtiss-Wright Corporation Company Profile

Curtiss-Wright Corporation is a manufacturing and service company that designs, manufactures, and overhauls precision components and provides engineered products and services to the aerospace, defense, power generation and general industrial markets. The Company operates through three segments: Commercial/Industrial, Defense and Power.

Institutional Ownership by Quarter for Curtiss-Wright Corporation (NYSE:CW)

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