Themes Management Co LLC Has $1.26 Million Holdings in Curtiss-Wright Corporation $CW

Themes Management Co LLC increased its position in shares of Curtiss-Wright Corporation (NYSE:CW) by 68.0% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,850 shares of the aerospace company’s stock after buying an additional 749 shares during the period. Themes Management Co LLC’s holdings in Curtiss-Wright were worth $1,260,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of CW. Cary Street Partners Investment Advisory LLC acquired a new stake in Curtiss-Wright during the 4th quarter worth about $31,000. Larson Financial Group LLC lifted its stake in shares of Curtiss-Wright by 53.8% in the 3rd quarter. Larson Financial Group LLC now owns 60 shares of the aerospace company’s stock valued at $33,000 after purchasing an additional 21 shares during the period. Transamerica Financial Advisors LLC lifted its stake in shares of Curtiss-Wright by 25.9% in the 4th quarter. Transamerica Financial Advisors LLC now owns 73 shares of the aerospace company’s stock valued at $40,000 after purchasing an additional 15 shares during the period. Signature Equity Partners LLC boosted its position in shares of Curtiss-Wright by 140.0% during the 1st quarter. Signature Equity Partners LLC now owns 60 shares of the aerospace company’s stock valued at $41,000 after purchasing an additional 35 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of Curtiss-Wright during the 4th quarter valued at about $42,000. Institutional investors own 82.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on CW shares. Stifel Nicolaus lifted their target price on Curtiss-Wright from $724.00 to $768.00 and gave the stock a “hold” rating in a report on Monday, July 20th. Robert W. Baird set a $870.00 price target on Curtiss-Wright in a report on Friday, May 8th. Morgan Stanley reaffirmed an “overweight” rating and set a $860.00 price objective on shares of Curtiss-Wright in a research report on Wednesday, July 15th. Weiss Ratings upgraded shares of Curtiss-Wright from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday. Finally, Citigroup boosted their target price on shares of Curtiss-Wright from $775.00 to $793.00 and gave the company a “neutral” rating in a research report on Wednesday, July 1st. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Curtiss-Wright presently has a consensus rating of “Moderate Buy” and a consensus price target of $773.67.

Insider Activity

In related news, EVP John C. Watts sold 220 shares of Curtiss-Wright stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $752.91, for a total value of $165,640.20. Following the completion of the sale, the executive vice president owned 3,962 shares of the company’s stock, valued at approximately $2,983,029.42. This trade represents a 5.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lynn M. Bamford sold 2,500 shares of the business’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $721.72, for a total transaction of $1,804,300.00. Following the sale, the chief executive officer owned 48,134 shares of the company’s stock, valued at $34,739,270.48. This trade represents a 4.94% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 3,119 shares of company stock worth $2,257,998 over the last quarter. 0.51% of the stock is currently owned by corporate insiders.

Curtiss-Wright Stock Performance

Shares of CW opened at $749.68 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.52 and a quick ratio of 1.05. The stock has a 50-day moving average of $745.86 and a 200-day moving average of $706.41. The company has a market cap of $27.69 billion, a PE ratio of 54.92, a P/E/G ratio of 3.44 and a beta of 0.86. Curtiss-Wright Corporation has a one year low of $464.91 and a one year high of $808.16.

Curtiss-Wright (NYSE:CW) last issued its earnings results on Thursday, May 7th. The aerospace company reported $3.48 EPS for the quarter, beating analysts’ consensus estimates of $3.32 by $0.16. Curtiss-Wright had a return on equity of 20.00% and a net margin of 14.17%.The business had revenue of $913.69 million during the quarter, compared to analyst estimates of $863.83 million. During the same period in the previous year, the company posted $2.82 EPS. The firm’s revenue was up 13.4% compared to the same quarter last year. On average, equities research analysts predict that Curtiss-Wright Corporation will post 15.22 EPS for the current fiscal year.

Curtiss-Wright Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Monday, June 15th were issued a dividend of $0.24 per share. The ex-dividend date was Monday, June 15th. This represents a $0.96 annualized dividend and a dividend yield of 0.1%. Curtiss-Wright’s payout ratio is currently 7.62%.

Curtiss-Wright Profile

Curtiss-Wright Corporation (NYSE: CW) is a diversified, global engineering company that designs, manufactures and services highly engineered products and integrated systems for the aerospace, defense, and industrial markets. Its offerings span a range of electromechanical, motion control and flow control technologies, including flight control and actuation systems, sensors and avionics components, pumps and valves, power conversion and heat exchangers, and platform integration solutions for marine and ground systems.