SG Americas Securities LLC Sells 3,921 Shares of Curtiss-Wright Co. (NYSE:CW)

SG Americas Securities LLC decreased its position in Curtiss-Wright Co. (NYSE:CW - Free Report) by 91.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 345 shares of the aerospace company's stock after selling 3,921 shares during the quarter. SG Americas Securities LLC's holdings in Curtiss-Wright were worth $122,000 as of its most recent SEC filing.

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

Insider Activity at Curtiss-Wright

In other Curtiss-Wright news, VP John C. Watts sold 622 shares of the company's stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $347.05, for a total transaction of $215,865.10. Following the completion of the transaction, the vice president now owns 5,072 shares of the company's stock, valued at $1,760,237.60. This represents a 10.92 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Lynn M. Bamford sold 7,129 shares of the company's stock in a transaction that occurred 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 transaction, the chief executive officer now directly owns 28,688 shares of the company's stock, valued at approximately $10,580,134.40. This trade represents a 19.90 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders acquired 116 shares of company stock worth $35,278 and sold 23,064 shares worth $8,157,322. 0.67% of the stock is owned by insiders.

Curtiss-Wright Trading Down 4.3 %

Shares of CW stock traded down $14.50 on Friday, reaching $323.45. The company had a trading volume of 553,652 shares, compared to its average volume of 254,030. The company has a current ratio of 1.98, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39. The stock has a market cap of $12.28 billion, a PE ratio of 30.60, a PEG ratio of 2.50 and a beta of 1.19. The company has a 50-day moving average of $356.53 and a 200-day moving average of $341.69. Curtiss-Wright Co. has a 12 month low of $230.00 and a 12 month high of $393.40.

Curtiss-Wright (NYSE:CW - Get Free Report) last announced its quarterly earnings results 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 return on equity of 17.21% and a net margin of 13.20%. On average, equities analysts forecast that Curtiss-Wright Co. will post 10.72 earnings per share for the current year.

Curtiss-Wright Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Thursday, March 27th will be given a $0.21 dividend. The ex-dividend date is Thursday, March 27th. This represents a $0.84 annualized dividend and a dividend yield of 0.26%. Curtiss-Wright's dividend payout ratio is presently 7.95%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Curtiss-Wright in a research note on Thursday, December 5th. They issued a "buy" rating and a $452.00 target price on the stock. Citigroup started coverage on shares of Curtiss-Wright in a research report on Tuesday, January 21st. They set a "buy" rating and a $410.00 price target on the stock. Stifel Nicolaus downgraded shares of Curtiss-Wright from a "buy" rating to a "hold" rating and set a $370.00 price target on the stock. in a research report on Monday, November 18th. Truist Financial boosted their price objective on Curtiss-Wright from $333.00 to $357.00 and gave the stock a "hold" rating in a report on Tuesday, January 14th. Finally, Morgan Stanley boosted their price objective on Curtiss-Wright from $334.00 to $395.00 and gave the stock an "overweight" rating in a report on Tuesday, November 5th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $386.86.

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.