Crossmark Global Holdings Inc. Sells 718 Shares of Curtiss-Wright Co. (NYSE:CW)

Crossmark Global Holdings Inc. trimmed its holdings in Curtiss-Wright Co. (NYSE:CW - Free Report) by 19.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,894 shares of the aerospace company's stock after selling 718 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in Curtiss-Wright were worth $1,027,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Geode Capital Management LLC increased its stake in Curtiss-Wright by 3.9% in the 3rd quarter. Geode Capital Management LLC now owns 731,848 shares of the aerospace company's stock worth $240,606,000 after purchasing an additional 27,607 shares in the last quarter. Congress Asset Management Co. increased its position in shares of Curtiss-Wright by 136.8% in the third quarter. Congress Asset Management Co. now owns 459,074 shares of the aerospace company's stock worth $150,893,000 after acquiring an additional 265,205 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of Curtiss-Wright by 32,425.8% in the third quarter. International Assets Investment Management LLC now owns 404,946 shares of the aerospace company's stock worth $133,102,000 after acquiring an additional 403,701 shares in the last quarter. Franklin Resources Inc. raised its holdings in shares of Curtiss-Wright by 7.3% during the third quarter. Franklin Resources Inc. now owns 332,047 shares of the aerospace company's stock valued at $115,469,000 after acquiring an additional 22,543 shares during the period. Finally, Van ECK Associates Corp boosted its stake in Curtiss-Wright by 29.0% in the 3rd quarter. Van ECK Associates Corp now owns 253,726 shares of the aerospace company's stock worth $88,847,000 after purchasing an additional 56,966 shares during the period. Institutional investors own 82.71% of the company's stock.

Wall Street Analysts Forecast Growth

CW has been the topic of a number of research reports. Truist Financial upped their target price on Curtiss-Wright from $333.00 to $357.00 and gave the company a "hold" rating in a report on Tuesday, January 14th. Citigroup assumed coverage on shares of Curtiss-Wright in a research note on Tuesday. They issued a "buy" rating and a $410.00 price objective on the stock. Deutsche Bank Aktiengesellschaft began coverage on shares of Curtiss-Wright in a research note on Thursday, December 5th. They set a "buy" rating and a $452.00 target price for the company. Alembic Global Advisors began coverage on shares of Curtiss-Wright in a research note on Tuesday, October 29th. They issued an "overweight" rating and a $412.00 price target on the stock. Finally, Stifel Nicolaus cut Curtiss-Wright from a "buy" rating to a "hold" rating and set a $370.00 price objective for the company. in a research report on Monday, November 18th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $386.86.

Curtiss-Wright Stock Performance

NYSE:CW traded down $0.33 during trading hours on Friday, hitting $383.75. 299,004 shares of the company traded hands, compared to its average volume of 194,558. The company has a current ratio of 1.98, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39. Curtiss-Wright Co. has a twelve month low of $220.90 and a twelve month high of $393.40. The firm has a 50-day moving average of $364.27 and a 200 day moving average of $335.04. The stock has a market capitalization of $14.56 billion, a price-to-earnings ratio of 36.31, a P/E/G ratio of 2.73 and a beta of 1.19.

Curtiss-Wright Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 3rd. Stockholders of record on Friday, November 22nd were given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.22%. The ex-dividend date of this dividend was Friday, November 22nd. Curtiss-Wright's dividend payout ratio is presently 7.95%.

Insider Activity at Curtiss-Wright

In related news, CEO Lynn M. Bamford sold 7,129 shares of the business's stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $368.80, for a total value of $2,629,175.20. Following the sale, the chief executive officer now owns 28,688 shares of the company's stock, valued at $10,580,134.40. The trade was a 19.90 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP John C. Watts sold 412 shares of the stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $359.55, for a total value of $148,134.60. Following the transaction, the vice president now owns 4,183 shares of the company's stock, valued at $1,503,997.65. This represents a 8.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders bought 116 shares of company stock worth $35,278. 0.67% of the stock is owned by corporate insiders.

About Curtiss-Wright

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.