Mackenzie Monetary Corp grew its holdings in shares of Curtiss-Wright Co. (NYSE:CW – Free Report) by 15.0% within the 2nd quarter, in keeping with its most up-to-date disclosure with the SEC. The fund owned 2,827 shares of the aerospace firm’s inventory after buying an extra 368 shares throughout the interval. Mackenzie Monetary Corp’s holdings in Curtiss-Wright had been price $766,000 as of its most up-to-date SEC submitting.
Different institutional traders additionally just lately modified their holdings of the corporate. Hsbc Holdings PLC boosted its holdings in Curtiss-Wright by 51.3% within the fourth quarter. Hsbc Holdings PLC now owns 4,585 shares of the aerospace firm’s inventory valued at $1,023,000 after buying an extra 1,555 shares over the last quarter. Financial institution of Nova Scotia elevated its place in shares of Curtiss-Wright by 242.2% throughout the fourth quarter. Financial institution of Nova Scotia now owns 7,255 shares of the aerospace firm’s inventory price $1,616,000 after shopping for an extra 5,135 shares throughout the interval. KBC Group NV purchased a brand new place in Curtiss-Wright throughout the fourth quarter price $158,000. Rafferty Asset Administration LLC lifted its holdings in Curtiss-Wright by 5.8% within the fourth quarter. Rafferty Asset Administration LLC now owns 12,984 shares of the aerospace firm’s inventory valued at $2,893,000 after shopping for an extra 709 shares throughout the interval. Lastly, Seven Eight Capital LP boosted its place in Curtiss-Wright by 202.9% throughout the fourth quarter. Seven Eight Capital LP now owns 3,277 shares of the aerospace firm’s inventory valued at $730,000 after buying an extra 2,195 shares over the last quarter. Institutional traders personal 82.71% of the corporate’s inventory.
Curtiss-Wright Inventory Efficiency
Shares of Curtiss-Wright inventory opened at $337.52 on Friday. The enterprise has a 50-day easy transferring common of $305.29 and a 200 day easy transferring common of $280.80. Curtiss-Wright Co. has a one yr low of $191.80 and a one yr excessive of $342.23. The corporate has a debt-to-equity ratio of 0.39, a present ratio of two.05 and a fast ratio of 1.42. The agency has a market capitalization of $12.93 billion, a price-to-earnings ratio of 34.76 and a beta of 1.18.
Curtiss-Wright (NYSE:CW – Get Free Report) final issued its earnings outcomes on Wednesday, August seventh. The aerospace firm reported $2.67 earnings per share for the quarter, topping analysts’ consensus estimates of $2.24 by $0.43. Curtiss-Wright had a return on fairness of 17.07% and a internet margin of 13.05%. The corporate had income of $785.00 million for the quarter, in comparison with analyst estimates of $735.82 million. Throughout the identical interval within the prior yr, the agency earned $2.15 earnings per share. Curtiss-Wright’s income for the quarter was up 11.4% on a year-over-year foundation. On common, analysis analysts anticipate that Curtiss-Wright Co. will put up 10.55 earnings per share for the present fiscal yr.
Curtiss-Wright Proclaims Dividend
The agency additionally just lately disclosed a quarterly dividend, which shall be paid on Friday, October eleventh. Stockholders of document on Friday, September twenty seventh shall be issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized foundation and a dividend yield of 0.25%. The ex-dividend date is Friday, September twenty seventh. Curtiss-Wright’s dividend payout ratio is at the moment 8.65%.
Wall Avenue Analyst Weigh In
A variety of analysis analysts have just lately issued stories on the corporate. Robert W. Baird boosted their value goal on Curtiss-Wright from $300.00 to $312.00 and gave the corporate an “outperform” ranking in a analysis word on Friday, August ninth. Stifel Nicolaus elevated their value goal on Curtiss-Wright from $310.00 to $318.00 and gave the inventory a “purchase” ranking in a report on Thursday, July 18th. Lastly, StockNews.com downgraded shares of Curtiss-Wright from a “strong-buy” ranking to a “purchase” ranking in a analysis report on Monday, September twenty third. One equities analysis analyst has rated the inventory with a maintain ranking and 4 have issued a purchase ranking to the inventory. Based mostly on knowledge from MarketBeat.com, Curtiss-Wright has a median ranking of “Reasonable Purchase” and a consensus goal value of $307.50.
Learn Our Newest Analysis Report on Curtiss-Wright
Insider Transactions at Curtiss-Wright
In associated information, Director Glenda J. Minor bought 500 shares of the agency’s inventory in a transaction dated Friday, August sixteenth. The shares had been bought at a median value of $302.80, for a complete worth of $151,400.00. Following the transaction, the director now owns 1,382 shares of the corporate’s inventory, valued at roughly $418,469.60. This commerce represents a 0.00 % lower of their place. The sale was disclosed in a authorized submitting with the Securities & Change Fee, which will be accessed via the SEC web site. 0.67% of the inventory is at the moment owned by insiders.
About Curtiss-Wright
Curtiss-Wright Company, along with its subsidiaries, offers engineered merchandise, options, and providers primarily to aerospace and protection, industrial energy, course of, and industrial markets worldwide. It operates via three segments: Aerospace & Industrial, Protection Electronics, and Naval & Energy.
See Additionally
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