Harel Insurance Investments & Financial Services Ltd. Buys 962 Shares of Curtiss-Wright Co. (NYSE:CW)

Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of Curtiss-Wright Co. (NYSE:CW) by 50.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,865 shares of the aerospace company’s stock after purchasing an additional 962 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in Curtiss-Wright were worth $1,017,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in CW. Tsfg LLC raised its holdings in Curtiss-Wright by 191.4% in the 3rd quarter. Tsfg LLC now owns 102 shares of the aerospace company’s stock valued at $34,000 after acquiring an additional 67 shares in the last quarter. UMB Bank n.a. boosted its position in shares of Curtiss-Wright by 303.8% during the 3rd quarter. UMB Bank n.a. now owns 105 shares of the aerospace company’s stock worth $35,000 after acquiring an additional 79 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Curtiss-Wright in the third quarter valued at approximately $53,000. Brooklyn Investment Group acquired a new position in shares of Curtiss-Wright during the 3rd quarter worth $59,000. Finally, Morse Asset Management Inc bought a new position in shares of Curtiss-Wright in the third quarter worth about $69,000. 82.71% of the stock is currently owned by institutional investors.

Insider Transactions at Curtiss-Wright

In other Curtiss-Wright news, CEO Lynn M. Bamford sold 7,129 shares of Curtiss-Wright stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $368.80, for a total value of $2,629,175.20. Following the sale, the chief executive officer now owns 28,688 shares of the company’s stock, valued at approximately $10,580,134.40. The trade was a 19.90 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP John C. Watts sold 412 shares of the business’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $359.55, for a total value of $148,134.60. Following the completion of the sale, the vice president now owns 4,183 shares in the company, valued at $1,503,997.65. This represents a 8.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders acquired a total of 116 shares of company stock valued at $35,278 over the last three months. Corporate insiders own 0.67% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on CW shares. Morgan Stanley lifted their price target on Curtiss-Wright from $334.00 to $395.00 and gave the company an “overweight” rating in a research note on Tuesday, November 5th. Citigroup started coverage on shares of Curtiss-Wright in a research note on Tuesday. They set a “buy” rating and a $410.00 price target for the company. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Curtiss-Wright in a research note on Thursday, December 5th. They issued a “buy” rating and a $452.00 price objective on the stock. Stifel Nicolaus cut Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 price target for the company. in a research note on Monday, November 18th. Finally, Truist Financial lifted their price objective on Curtiss-Wright from $333.00 to $357.00 and gave the stock a “hold” rating in a research note on Tuesday, January 14th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, Curtiss-Wright has an average rating of “Moderate Buy” and an average price target of $386.86.

Curtiss-Wright Trading Down 0.1 %

Shares of CW stock opened at $383.75 on Friday. The company has a market cap of $14.56 billion, a P/E ratio of 36.31, a PEG ratio of 2.73 and a beta of 1.19. Curtiss-Wright Co. has a fifty-two week low of $220.90 and a fifty-two week high of $393.40. The stock has a 50 day simple moving average of $364.27 and a two-hundred day simple moving average of $334.62. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 1.98.

Curtiss-Wright Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 3rd. Shareholders of record on Friday, November 22nd were paid a $0.21 dividend. The ex-dividend date was Friday, November 22nd. This represents a $0.84 dividend on an annualized basis and a yield of 0.22%. Curtiss-Wright’s dividend payout ratio (DPR) is presently 7.95%.

Curtiss-Wright Company 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.