Curtiss-Wright (NYSE:CW – Get Rating) was downgraded by equities researchers at StockNews.com from a "strong-buy" rating to a "buy" rating in a research report issued to clients and investors on Thursday.
Other analysts have also recently issued reports about the company. Stifel Nicolaus reduced their price target on Curtiss-Wright from $168.00 to $155.00 in a report on Monday, July 18th. Truist Financial cut their target price on shares of Curtiss-Wright from $167.00 to $166.00 and set a "buy" rating on the stock in a research report on Tuesday, July 19th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of "Buy" and an average price target of $167.40.
Get Curtiss-Wright alerts:Curtiss-Wright Price Performance
Shares of CW stock traded up $0.80 on Thursday, hitting $143.78. 197,491 shares of the company's stock were exchanged, compared to its average volume of 205,966. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.36 and a quick ratio of 0.90. Curtiss-Wright has a 12 month low of $123.31 and a 12 month high of $162.98. The stock has a market cap of $5.52 billion, a P/E ratio of 22.05 and a beta of 1.29. The company has a 50 day moving average of $144.33 and a 200 day moving average of $143.24.
Institutional Trading of Curtiss-Wright
Several hedge funds have recently modified their holdings of CW. Verition Fund Management LLC acquired a new stake in Curtiss-Wright in the 2nd quarter valued at $557,000. Captrust Financial Advisors grew its position in Curtiss-Wright by 188.1% in the 2nd quarter. Captrust Financial Advisors now owns 35,034 shares of the aerospace company's stock valued at $4,633,000 after purchasing an additional 22,873 shares during the period. Goldman Sachs Group Inc. grew its position in Curtiss-Wright by 11.9% in the 2nd quarter. Goldman Sachs Group Inc. now owns 171,841 shares of the aerospace company's stock valued at $22,693,000 after purchasing an additional 18,274 shares during the period. Advisory Research Inc. grew its position in Curtiss-Wright by 32.3% in the 2nd quarter. Advisory Research Inc. now owns 4,283 shares of the aerospace company's stock valued at $566,000 after purchasing an additional 1,045 shares during the period. Finally, Jane Street Group LLC grew its position in Curtiss-Wright by 12.9% in the 2nd quarter. Jane Street Group LLC now owns 24,387 shares of the aerospace company's stock valued at $3,221,000 after purchasing an additional 2,788 shares during the period. Institutional investors own 84.77% of the company's stock.Curtiss-Wright Company Profile
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Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services to the aerospace, defense, general industrial, and power generation markets worldwide. worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power.
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