Fox Run Management L.L.C. Purchases New Holdings in Curtiss-Wright Co. (NYSE:CW)

Fox Run Management L.L.C. purchased a new stake in shares of Curtiss-Wright Co. (NYSE:CW - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 1,131 shares of the aerospace company's stock, valued at approximately $401,000.

A number of other large investors have also recently added to or reduced their stakes in the business. YANKCOM Partnership acquired a new stake in shares of Curtiss-Wright during the fourth quarter valued at about $31,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Curtiss-Wright during the 3rd quarter worth approximately $53,000. UMB Bank n.a. boosted its position in shares of Curtiss-Wright by 61.0% during the 4th quarter. UMB Bank n.a. now owns 169 shares of the aerospace company's stock worth $60,000 after purchasing an additional 64 shares during the period. Brooklyn Investment Group acquired a new stake in Curtiss-Wright in the 3rd quarter valued at approximately $59,000. Finally, Morse Asset Management Inc purchased a new stake in Curtiss-Wright in the third quarter valued at approximately $69,000. 82.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on CW. Truist Financial lifted their price objective on Curtiss-Wright from $333.00 to $357.00 and gave the company a "hold" rating in a research note on Tuesday, January 14th. Deutsche Bank Aktiengesellschaft initiated coverage on Curtiss-Wright in a report on Thursday, December 5th. They set a "buy" rating and a $452.00 target price for the company. Finally, Citigroup initiated coverage on shares of Curtiss-Wright in a research note on Tuesday, January 21st. They issued a "buy" rating and a $410.00 price objective for the company. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, Curtiss-Wright has an average rating of "Moderate Buy" and a consensus price target of $386.86.

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Insider Transactions at Curtiss-Wright

In other news, VP John C. Watts sold 622 shares of the business's stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $347.05, for a total transaction of $215,865.10. Following the completion of the sale, the vice president now owns 5,072 shares in the company, valued at approximately $1,760,237.60. The trade was a 10.92 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP George P. Mcdonald sold 148 shares of the stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $325.41, for a total transaction of $48,160.68. Following the completion of the transaction, the vice president now directly owns 1,899 shares in the company, valued at $617,953.59. This trade represents a 7.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders acquired 116 shares of company stock valued at $35,278 and sold 21,797 shares valued at $7,436,255. Insiders own 0.67% of the company's stock.

Curtiss-Wright Stock Down 2.7 %

Shares of CW stock traded down $8.62 during trading hours on Friday, reaching $316.74. 258,102 shares of the stock were exchanged, compared to its average volume of 261,009. Curtiss-Wright Co. has a 12-month low of $246.43 and a 12-month high of $393.40. The business's fifty day moving average is $334.14 and its two-hundred day moving average is $346.94. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.69 and a quick ratio of 1.19. The firm has a market capitalization of $11.93 billion, a P/E ratio of 30.02, a P/E/G ratio of 2.48 and a beta of 1.15.

Curtiss-Wright (NYSE:CW - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The aerospace company reported $3.27 EPS for the quarter, beating analysts' consensus estimates of $3.12 by $0.15. Curtiss-Wright had a net margin of 12.98% and a return on equity of 17.11%. As a group, research analysts expect that Curtiss-Wright Co. will post 12.32 EPS for the current fiscal year.

Curtiss-Wright Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Thursday, March 27th will be issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 0.27%. The ex-dividend date is Thursday, March 27th. Curtiss-Wright's dividend payout ratio (DPR) is 7.96%.

Curtiss-Wright Profile

Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services mainly to aerospace and defense, commercial power, process, and industrial markets worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power.