TD Asset Management Inc. grew its holdings in shares of Curtiss-Wright Corporation (NYSE:CW) by 31.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,200 shares of the aerospace company’s stock after buying an additional 1,000 shares during the quarter. TD Asset Management Inc.’s holdings in Curtiss-Wright were worth $439,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. American International Group Inc. raised its holdings in shares of Curtiss-Wright by 2.6% in the 3rd quarter. American International Group Inc. now owns 119,948 shares of the aerospace company’s stock valued at $12,539,000 after purchasing an additional 2,997 shares during the period. Systematic Financial Management LP raised its holdings in shares of Curtiss-Wright by 0.7% in the 3rd quarter. Systematic Financial Management LP now owns 67,416 shares of the aerospace company’s stock valued at $7,048,000 after purchasing an additional 437 shares during the period. Pacer Advisors Inc. raised its holdings in shares of Curtiss-Wright by 11.6% in the 3rd quarter. Pacer Advisors Inc. now owns 5,751 shares of the aerospace company’s stock valued at $601,000 after purchasing an additional 600 shares during the period. Advisors Asset Management Inc. raised its holdings in shares of Curtiss-Wright by 11.4% in the 3rd quarter. Advisors Asset Management Inc. now owns 29,860 shares of the aerospace company’s stock valued at $3,122,000 after purchasing an additional 3,064 shares during the period. Finally, Cambridge Investment Research Advisors Inc. raised its holdings in Curtiss-Wright by 16.8% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 4,555 shares of the aerospace company’s stock valued at $476,000 after acquiring an additional 655 shares during the period. 77.46% of the stock is currently owned by hedge funds and other institutional investors.

In other Curtiss-Wright news, VP Paul J. Ferdenzi sold 6,907 shares of the stock in a transaction that occurred on Thursday, September 28th. The shares were sold at an average price of $106.18, for a total transaction of $733,385.26. Following the transaction, the vice president now owns 19,467 shares in the company, valued at approximately $2,067,006.06. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director S Marce Fuller sold 1,300 shares of the stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $117.95, for a total transaction of $153,335.00. Following the transaction, the director now owns 13,660 shares in the company, valued at approximately $1,611,197. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 60,488 shares of company stock worth $7,041,956. Company insiders own 1.10% of the company’s stock.

Several research firms have weighed in on CW. Zacks Investment Research cut shares of Curtiss-Wright from a “buy” rating to a “hold” rating in a report on Tuesday, September 12th. Stifel Nicolaus reissued a “hold” rating and issued a $117.00 price target on shares of Curtiss-Wright in a report on Tuesday, October 17th. SunTrust Banks reissued a “buy” rating and issued a $128.00 price target on shares of Curtiss-Wright in a report on Friday, October 20th. Seaport Global Securities reissued a “buy” rating on shares of Curtiss-Wright in a report on Friday, October 27th. Finally, Deutsche Bank reissued a “buy” rating and issued a $125.00 price target on shares of Curtiss-Wright in a report on Friday, October 6th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Curtiss-Wright currently has an average rating of “Buy” and an average price target of $129.86.

Curtiss-Wright Corporation (NYSE CW) opened at $120.24 on Friday. The firm has a market cap of $5,354.66, a PE ratio of 25.39, a price-to-earnings-growth ratio of 2.07 and a beta of 1.26. The company has a quick ratio of 1.48, a current ratio of 2.08 and a debt-to-equity ratio of 0.55. Curtiss-Wright Corporation has a fifty-two week low of $82.77 and a fifty-two week high of $125.00.

Curtiss-Wright (NYSE:CW) last released its quarterly earnings results on Wednesday, October 25th. The aerospace company reported $1.43 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.22 by $0.21. Curtiss-Wright had a net margin of 9.70% and a return on equity of 15.60%. The firm had revenue of $567.90 million for the quarter, compared to analysts’ expectations of $539.28 million. During the same period in the prior year, the firm earned $1.02 EPS. The business’s revenue was up 12.0% on a year-over-year basis. equities research analysts anticipate that Curtiss-Wright Corporation will post 4.75 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 8th. Shareholders of record on Wednesday, November 29th were given a dividend of $0.15 per share. The ex-dividend date was Tuesday, November 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.50%. Curtiss-Wright’s payout ratio is presently 12.45%.

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Curtiss-Wright 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 (NYSE:CW)

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