Charles Schwab Investment Management Inc. Sells 1,828 Shares of Curtiss-Wright Co. (NYSE:CW)

Charles Schwab Investment Management Inc. trimmed its position in shares of Curtiss-Wright Co. (NYSE:CW - Free Report) by 0.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 239,129 shares of the aerospace company's stock after selling 1,828 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.63% of Curtiss-Wright worth $78,599,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Signaturefd LLC grew its position in Curtiss-Wright by 7.8% during the third quarter. Signaturefd LLC now owns 401 shares of the aerospace company's stock valued at $132,000 after acquiring an additional 29 shares during the period. CIBC Asset Management Inc lifted its position in shares of Curtiss-Wright by 3.5% during the third quarter. CIBC Asset Management Inc now owns 1,103 shares of the aerospace company's stock worth $363,000 after purchasing an additional 37 shares during the last quarter. OneDigital Investment Advisors LLC grew its position in shares of Curtiss-Wright by 3.3% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 1,162 shares of the aerospace company's stock worth $382,000 after acquiring an additional 37 shares in the last quarter. Pathstone Holdings LLC grew its position in shares of Curtiss-Wright by 1.0% during the 3rd quarter. Pathstone Holdings LLC now owns 4,388 shares of the aerospace company's stock valued at $1,442,000 after buying an additional 45 shares during the last quarter. Finally, Dorsey Wright & Associates increased its position in Curtiss-Wright by 0.4% in the second quarter. Dorsey Wright & Associates now owns 13,002 shares of the aerospace company's stock worth $3,523,000 after buying an additional 47 shares during the period. Hedge funds and other institutional investors own 82.71% of the company's stock.

Curtiss-Wright Stock Down 1.0 %

Curtiss-Wright stock traded down $3.68 during midday trading on Thursday, reaching $371.37. The stock had a trading volume of 124,073 shares, compared to its average volume of 226,193. Curtiss-Wright Co. has a 1-year low of $209.01 and a 1-year high of $393.40. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 1.98. The firm's fifty day simple moving average is $352.41 and its 200-day simple moving average is $309.06. The stock has a market capitalization of $14.09 billion, a P/E ratio of 35.13 and a beta of 1.17.

Curtiss-Wright Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 3rd. Stockholders of record on Friday, November 22nd will be given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.23%. The ex-dividend date of this dividend is Friday, November 22nd. Curtiss-Wright's dividend payout ratio is presently 7.95%.

Insider Activity at Curtiss-Wright

In related news, VP John C. Watts sold 412 shares of the business's stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $359.55, for a total transaction of $148,134.60. Following the transaction, the vice president now directly owns 4,183 shares in the company, valued at approximately $1,503,997.65. The trade was a 8.97 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.55% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on CW. Morgan Stanley increased their price target on Curtiss-Wright from $334.00 to $395.00 and gave the company an "overweight" rating in a research note on Tuesday, November 5th. Truist Financial lifted their price objective on Curtiss-Wright from $304.00 to $333.00 and gave the stock a "hold" rating in a research note on Friday, November 1st. Stifel Nicolaus lowered Curtiss-Wright from a "buy" rating to a "hold" rating and set a $370.00 target price for the company. in a research note on Monday, November 18th. Alembic Global Advisors started coverage on shares of Curtiss-Wright in a research note on Tuesday, October 29th. They issued an "overweight" rating and a $412.00 target price on the stock. Finally, Robert W. Baird raised their price objective on shares of Curtiss-Wright from $300.00 to $312.00 and gave the company an "outperform" rating in a research report on Friday, August 9th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, Curtiss-Wright currently has an average rating of "Moderate Buy" and a consensus target price of $364.40.

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.