Curtiss-Wright Co. (NYSE:CW) Holdings Cut by Boston Partners

Boston Partners decreased its position in Curtiss-Wright Co. (NYSE:CW - Free Report) by 10.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 896,950 shares of the aerospace company's stock after selling 100,334 shares during the period. Boston Partners owned approximately 2.36% of Curtiss-Wright worth $318,388,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Intech Investment Management LLC grew its position in Curtiss-Wright by 437.3% in the 4th quarter. Intech Investment Management LLC now owns 6,544 shares of the aerospace company's stock worth $2,322,000 after purchasing an additional 5,326 shares during the last quarter. Advisors Asset Management Inc. grew its position in Curtiss-Wright by 1.5% in the 4th quarter. Advisors Asset Management Inc. now owns 14,725 shares of the aerospace company's stock worth $5,225,000 after purchasing an additional 218 shares during the last quarter. Thrivent Financial for Lutherans grew its position in Curtiss-Wright by 41.5% in the 4th quarter. Thrivent Financial for Lutherans now owns 22,086 shares of the aerospace company's stock worth $7,837,000 after purchasing an additional 6,477 shares during the last quarter. William Blair Investment Management LLC bought a new position in Curtiss-Wright in the 4th quarter worth about $132,626,000. Finally, Harbour Investments Inc. grew its position in Curtiss-Wright by 10.6% in the 4th quarter. Harbour Investments Inc. now owns 312 shares of the aerospace company's stock worth $111,000 after purchasing an additional 30 shares during the last quarter. Institutional investors own 82.71% of the company's stock.

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Curtiss-Wright Price Performance

NYSE:CW traded down $1.84 during trading hours on Friday, reaching $325.62. 680,352 shares of the company's stock were exchanged, compared to its average volume of 250,575. The company has a market capitalization of $12.26 billion, a P/E ratio of 30.86, a price-to-earnings-growth ratio of 2.48 and a beta of 1.15. Curtiss-Wright Co. has a 12 month low of $246.43 and a 12 month high of $393.40. The company has a quick ratio of 1.19, a current ratio of 1.69 and a debt-to-equity ratio of 0.39. The business's 50-day simple moving average is $337.26 and its two-hundred day simple moving average is $345.23.

Curtiss-Wright (NYSE:CW - Get Free Report) last issued its earnings results on Wednesday, February 12th. The aerospace company reported $3.27 earnings per share for the quarter, topping 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%. Sell-side analysts expect that Curtiss-Wright Co. will post 12.32 EPS for the current fiscal year.

Curtiss-Wright Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Investors 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 0.26%. The ex-dividend date is Thursday, March 27th. Curtiss-Wright's payout ratio is 7.96%.

Wall Street Analyst Weigh In

CW has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Curtiss-Wright in a research report on Thursday, December 5th. They issued a "buy" rating and a $452.00 target price for the company. Truist Financial increased their price objective on shares of Curtiss-Wright from $333.00 to $357.00 and gave the company a "hold" rating in a report on Tuesday, January 14th. Finally, Citigroup initiated coverage on shares of Curtiss-Wright in a report on Tuesday, January 21st. They issued a "buy" rating and a $410.00 price objective for the company. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Curtiss-Wright presently has a consensus rating of "Moderate Buy" and an average target price of $386.86.

Insider Buying and Selling

In related news, insider Paul J. Ferdenzi sold 1,907 shares of the company's stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $346.98, for a total value of $661,690.86. Following the completion of the sale, the insider now owns 18,405 shares in the company, valued at approximately $6,386,166.90. This represents a 9.39 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP John C. Watts sold 622 shares of the company'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 of the company's stock, valued at approximately $1,760,237.60. This trade represents a 10.92 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders acquired 116 shares of company stock worth $35,278 and sold 21,797 shares worth $7,436,255. 0.67% of the stock is currently owned by insiders.

Curtiss-Wright Company 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.