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Curtiss-Wright Corporation (NYSE:CW) Is a Favorite Amongst Institutional Investors Who Own 86%

Curtiss-Wright Corporation (NYSE:CW) Is a Favorite Amongst Institutional Investors Who Own 86%

寇蒂斯萊特公司(紐交所:CW)是機構投資者中的最愛,擁有86%的持股比例。
Simply Wall St ·  11/04 18:44

Key Insights

主要見解

  • Given the large stake in the stock by institutions, Curtiss-Wright's stock price might be vulnerable to their trading decisions
  • A total of 20 investors have a majority stake in the company with 50% ownership
  • Insiders have been selling lately
  • 考慮到機構在股票中的大量持股,寇蒂斯萊特的股價可能會受到他們交易決策的影響。
  • 總共有20位股東持有該公司的50%股權
  • 內部人員最近一直在賣出。

A look at the shareholders of Curtiss-Wright Corporation (NYSE:CW) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are institutions with 86% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).

看一下寇蒂斯萊特公司(紐交所:CW)的股東,可以告訴我們哪個群體最有影響力。持有最大份額的是擁有86%所有權的機構。也就是說,如果股票上漲,這個群體將獲益最多(或者如果出現下行,則損失最多)。

Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute.

由於機構擁有巨額資金,他們的市場舉動往往受到零售或個人投資者的嚴密審查。因此,機構在公司中的大量投資通常被認爲是一個積極的特徵。

Let's delve deeper into each type of owner of Curtiss-Wright, beginning with the chart below.

讓我們深入了解寇蒂斯萊特的每一種所有者類型,首先從下面的圖表開始。

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NYSE:CW Ownership Breakdown November 4th 2024
紐交所:CW 2024年11月4日的所有權分佈

What Does The Institutional Ownership Tell Us About Curtiss-Wright?

機構持股告訴我們關於寇蒂斯萊特的什麼信息?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

機構投資者通常將自己的回報與常見的指數回報進行比較。因此,他們通常會考慮購買包括在相關基準指數中的較大公司。

We can see that Curtiss-Wright does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Curtiss-Wright, (below). Of course, keep in mind that there are other factors to consider, too.

我們可以看到,寇蒂斯萊特確實擁有機構投資者; 他們持有公司的相當比例股票。這意味着爲這些機構工作的分析師已經研究過這支股票,他們喜歡它。但和其他任何人一樣,他們也可能出錯。如果兩家大型機構投資者同時試圖拋售股票,很可能會導致股價大幅下跌。所以值得檢查一下寇蒂斯萊特的過去盈利軌跡(如下)。當然,要記住也有其他因素需要考慮。

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NYSE:CW Earnings and Revenue Growth November 4th 2024
紐交所:Curtiss-Wright 2024年11月4日的收益和營業收入增長

Since institutional investors own more than half the issued stock, the board will likely have to pay attention to their preferences. Hedge funds don't have many shares in Curtiss-Wright. BlackRock, Inc. is currently the largest shareholder, with 11% of shares outstanding. With 9.5% and 4.0% of the shares outstanding respectively, The Vanguard Group, Inc. and State Street Global Advisors, Inc. are the second and third largest shareholders.

由於機構投資者擁有超過一半的已發行股票,董事會可能需要關注他們的偏好。對寇蒂斯萊特來說,對沖基金持有的股份不多。目前,BlackRock, Inc. 是最大的股東,持有11%的流通股。The Vanguard Group, Inc. 和道富銀行全球貨幣顧問, Inc. 分別持有9.5%和4.0%的流通股,是第二和第三大股東。

Looking at the shareholder registry, we can see that 50% of the ownership is controlled by the top 20 shareholders, meaning that no single shareholder has a majority interest in the ownership.

查看股東登記表,我們可以看到前20名股東控制着50%的股權,這意味着沒有單一股東擁有大多數股權。

While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.

儘管研究公司的機構持股可以增加您的研究價值,但研究分析師的建議也是一個好習慣,以更深入地了解股票的預期表現。有相當數量的分析師關注該股,因此了解他們對未來的總體觀點可能很有用。

Insider Ownership Of Curtiss-Wright

寇蒂斯萊特的內部持股情況

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it.

雖然「內部人士」的明確定義具有主觀性,但幾乎所有人都認爲董事會成員是內部人士。公司管理業務,但首席執行官即使是董事會成員,也要向董事會負責。

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

我通常認爲內部人士持股是一件好事。但是,在某些情況下,它會使其他股東更難以對董事會的決定進行問責。

Our data suggests that insiders own under 1% of Curtiss-Wright Corporation in their own names. Being so large, we would not expect insiders to own a large proportion of the stock. Collectively, they own US$70m of stock. In this sort of situation, it can be more interesting to see if those insiders have been buying or selling.

我們的數據顯示,內部持有寇蒂斯萊特公司不到1%的股份。由於公司規模如此之大,我們不會指望內部人士擁有大量股份。他們共持有7000萬美元的股票。在這種情況下,看看這些內部人士是在買入還是賣出股票會更有趣。

General Public Ownership

一般大衆所有權

The general public-- including retail investors -- own 13% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.

包括零售投資者在內的普通公衆擁有該公司13%的股份,因此不容易被忽視。儘管該公司擁有相當大的股權,但如果決策與其他大股東的決策不同步,這可能不足以改變公司政策。

Next Steps:

下一步:

I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too.

我覺得查看公司的實際所有者非常有趣。但爲了真正獲得洞察力,我們需要考慮其他信息。

I always like to check for a history of revenue growth. You can too, by accessing this free chart of historic revenue and earnings in this detailed graph.

我總是喜歡查看營業收入增長的歷史記錄,你也可以免費訪問這個詳細圖表中的歷史營收和收益圖表。

But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.

但最終,決定該業務所有者將獲得多大利益的是未來而非過去。因此,我們認爲最好查看此免費報告,以了解分析師是否預測更光明的未來。

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

注:本文中的數據是使用最後一個財務報表日期結束的爲期12個月的數據計算的。這可能與全年年度報告數據不一致。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。

譯文內容由第三人軟體翻譯。


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