Entropy Technologies LP Cuts Stock Holdings in Curtiss-Wright Co. (NYSE:CW)

Entropy Technologies LP cut its holdings in shares of Curtiss-Wright Co. (NYSE:CW - Free Report) by 31.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,744 shares of the aerospace company's stock after selling 2,695 shares during the period. Entropy Technologies LP's holdings in Curtiss-Wright were worth $1,888,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Vanguard Group Inc. grew its position in shares of Curtiss-Wright by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 3,657,854 shares of the aerospace company's stock valued at $936,191,000 after acquiring an additional 18,939 shares during the period. Boston Partners increased its position in Curtiss-Wright by 3.0% in the first quarter. Boston Partners now owns 1,393,662 shares of the aerospace company's stock worth $356,684,000 after buying an additional 40,657 shares in the last quarter. Congress Asset Management Co. raised its stake 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 buying an additional 265,205 shares during the period. International Assets Investment Management LLC lifted its position in shares of Curtiss-Wright by 32,425.8% during the 3rd quarter. International Assets Investment Management LLC now owns 404,946 shares of the aerospace company's stock valued at $133,102,000 after buying an additional 403,701 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. grew its stake in shares of Curtiss-Wright by 30,079.2% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 302,396 shares of the aerospace company's stock valued at $81,943,000 after acquiring an additional 301,394 shares during the period. 82.71% of the stock is currently owned by institutional investors.

Curtiss-Wright Trading Up 0.4 %

CW stock traded up $1.65 during midday trading on Wednesday, reaching $387.29. 84,960 shares of the company traded hands, compared to its average volume of 222,049. The firm has a market capitalization of $14.70 billion, a price-to-earnings ratio of 36.83 and a beta of 1.17. 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 business has a 50 day moving average of $338.64 and a 200-day moving average of $301.67. Curtiss-Wright Co. has a 52-week low of $209.01 and a 52-week high of $393.40.

Curtiss-Wright Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 11th. Shareholders of record on Friday, September 27th were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.84 annualized dividend and a dividend yield of 0.22%. Curtiss-Wright's dividend payout ratio (DPR) is presently 7.95%.

Wall Street Analysts Forecast Growth

CW has been the subject of a number of recent analyst reports. Morgan Stanley upped their price target on shares of Curtiss-Wright from $334.00 to $395.00 and gave the stock an "overweight" rating in a research report on Tuesday, November 5th. StockNews.com cut Curtiss-Wright from a "strong-buy" rating to a "buy" rating in a report on Monday, September 23rd. Alembic Global Advisors assumed coverage on Curtiss-Wright in a research note on Tuesday, October 29th. They issued an "overweight" rating and a $412.00 price objective for the company. Truist Financial boosted their price target on Curtiss-Wright from $304.00 to $333.00 and gave the stock a "hold" rating in a report on Friday, November 1st. Finally, Robert W. Baird lifted 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. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, Curtiss-Wright has an average rating of "Moderate Buy" and an average price target of $362.60.

Insiders Place Their Bets

In other news, VP John C. Watts sold 412 shares of Curtiss-Wright 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 directly owns 4,183 shares in the company, valued at approximately $1,503,997.65. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, Director Glenda J. Minor sold 500 shares of the firm's stock in a transaction that occurred on Friday, August 16th. The shares were sold at an average price of $302.80, for a total transaction of $151,400.00. Following the sale, the director now owns 1,382 shares of the company's stock, valued at $418,469.60. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP John C. Watts sold 412 shares of the company's stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $359.55, for a total transaction of $148,134.60. Following the completion of the transaction, the vice president now owns 4,183 shares of the company's stock, valued at approximately $1,503,997.65. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.67% of the company's stock.

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.