Mesirow Financial Investment Management – Equity Management buys $27,123,140 stake in Curtiss-Wright Corp. (CW)

Curtiss-Wright Corp. (CW) : Mesirow Financial Investment Management – Equity Management scooped up 269,046 additional shares in Curtiss-Wright Corp. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 302,815 shares of Curtiss-Wright Corp. which is valued at $27,123,140.Curtiss-Wright Corp. makes up approximately 1.54% of Mesirow Financial Investment Management – Equity Management’s portfolio.

Other Hedge Funds, Including , Royce Associates Lp boosted its stake in CW in the latest quarter, The investment management firm added 4,926 additional shares and now holds a total of 29,926 shares of Curtiss-Wright Corp. which is valued at $2,680,472. Curtiss-Wright Corp. makes up approx 0.02% of Royce Associates Lp’s portfolio. Reilly Financial Advisors added CW to its portfolio by purchasing 34 company shares during the most recent quarter which is valued at $2,987.Meeder Asset Management Inc boosted its stake in CW in the latest quarter, The investment management firm added 5,027 additional shares and now holds a total of 5,621 shares of Curtiss-Wright Corp. which is valued at $487,959. Curtiss-Wright Corp. makes up approx 0.04% of Meeder Asset Management Inc’s portfolio.

Curtiss-Wright Corp. opened for trading at $89.59 and hit $90.31 on the upside on Monday, eventually ending the session at $89.95, with a gain of 0.71% or 0.63 points. The heightened volatility saw the trading volume jump to 1,69,770 shares. Company has a market cap of $3,996 M.

On the company’s financial health, Curtiss-Wright Corp. reported $0.88 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.81. The company had revenue of $533.00 million for the quarter, compared to analysts expectations of $523.83 million. The company’s revenue was down -2.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.83 EPS.

Curtiss-Wright Corporation is a provider of engineered critical function products and services to the commercial defense energy and industrial markets. The Company operates under three segments: Commercial/Industrial Defense and Energy. The Company’s manufacturing facilities are located in the United States in New York Ohio North Carolina and Pennsylvania and internationally in Canada and the United Kingdom. The Company has approximately 185 facilities including five corporate and shared-services facilities. It supplies its products and services to original equipment manufacturers (OEMs) and aftermarket industrial customers including the transportation commercial trucking off-road equipment construction automotive chemical oil and gas and medical industries. It also produces operation-critical valves for the power and process industries.

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