Endurance Wealth Management Inc. Has $429,000 Position in Curtiss-Wright Corporation (CW)

Endurance Wealth Management Inc. continued to hold its stake in Curtiss-Wright Corporation (NYSE:CW) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,676 shares of the aerospace company’s stock at the end of the second quarter. Endurance Wealth Management Inc.’s holdings in Curtiss-Wright Corporation were worth $429,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in CW. Retirement Systems of Alabama boosted its position in Curtiss-Wright Corporation by 25.5% in the second quarter. Retirement Systems of Alabama now owns 143,409 shares of the aerospace company’s stock valued at $13,162,000 after buying an additional 29,105 shares in the last quarter. World Asset Management Inc boosted its position in Curtiss-Wright Corporation by 1.2% in the second quarter. World Asset Management Inc now owns 2,749 shares of the aerospace company’s stock valued at $252,000 after buying an additional 33 shares in the last quarter. Bessemer Group Inc. boosted its position in Curtiss-Wright Corporation by 4.1% in the second quarter. Bessemer Group Inc. now owns 30,178 shares of the aerospace company’s stock valued at $2,770,000 after buying an additional 1,178 shares in the last quarter. Cardinal Capital Management boosted its position in Curtiss-Wright Corporation by 11.7% in the second quarter. Cardinal Capital Management now owns 8,233 shares of the aerospace company’s stock valued at $756,000 after buying an additional 861 shares in the last quarter. Finally, Great West Life Assurance Co. Can boosted its position in Curtiss-Wright Corporation by 0.5% in the second quarter. Great West Life Assurance Co. Can now owns 26,530 shares of the aerospace company’s stock valued at $2,433,000 after buying an additional 126 shares in the last quarter. Hedge funds and other institutional investors own 77.44% of the company’s stock.

Shares of Curtiss-Wright Corporation (NYSE CW) traded down 0.73% during midday trading on Friday, hitting $93.57. The company had a trading volume of 228,216 shares. The company has a 50-day moving average of $95.04 and a 200-day moving average of $93.22. Curtiss-Wright Corporation has a 12 month low of $82.77 and a 12 month high of $107.61. The company has a market capitalization of $4.13 billion, a PE ratio of 21.23 and a beta of 1.25.

Curtiss-Wright Corporation (NYSE:CW) last issued its quarterly earnings data on Wednesday, July 26th. The aerospace company reported $1.13 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.16. The company had revenue of $567.70 million during the quarter, compared to analyst estimates of $546.73 million. Curtiss-Wright Corporation had a return on equity of 14.79% and a net margin of 9.14%. The firm’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.88 earnings per share. Analysts predict that Curtiss-Wright Corporation will post $4.55 earnings per share for the current year.

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Several research firms have weighed in on CW. Zacks Investment Research upgraded Curtiss-Wright Corporation from a “hold” rating to a “buy” rating and set a $108.00 price target for the company in a report on Thursday. BidaskClub upgraded Curtiss-Wright Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 8th. Finally, SunTrust Banks, Inc. upgraded Curtiss-Wright Corporation from a “hold” rating to a “buy” rating and raised their price target for the company from $103.00 to $112.00 in a report on Monday, June 5th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Curtiss-Wright Corporation currently has an average rating of “Hold” and an average price target of $107.25.

In other news, Director S Marce Fuller sold 1,300 shares of the firm’s stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $96.16, for a total transaction of $125,008.00. Following the completion of the transaction, the director now directly owns 14,960 shares in the company, valued at $1,438,553.60. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 1.10% of the company’s stock.

About Curtiss-Wright Corporation

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 Corporation (NYSE:CW)

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