Curtiss-Wright Co. (NYSE:CW) Shares Sold by Global Alpha Capital Management Ltd.

Global Alpha Capital Management Ltd. cut its stake in shares of Curtiss-Wright Co. (NYSE:CW - Free Report) by 41.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 177,367 shares of the aerospace company's stock after selling 124,846 shares during the period. Curtiss-Wright accounts for about 3.8% of Global Alpha Capital Management Ltd.'s portfolio, making the stock its 7th biggest position. Global Alpha Capital Management Ltd. owned about 0.47% of Curtiss-Wright worth $58,299,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC increased its holdings in 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 worth $133,102,000 after purchasing an additional 403,701 shares during the period. Sumitomo Mitsui Trust Holdings Inc. boosted its position in 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 in the last quarter. Congress Asset Management Co. boosted its position in Curtiss-Wright by 136.8% during the 3rd quarter. Congress Asset Management Co. now owns 459,074 shares of the aerospace company's stock valued at $150,893,000 after acquiring an additional 265,205 shares in the last quarter. Assenagon Asset Management S.A. acquired a new stake in shares of Curtiss-Wright in the 2nd quarter worth $41,383,000. Finally, Van ECK Associates Corp boosted its position in shares of Curtiss-Wright by 79.2% in the 2nd quarter. Van ECK Associates Corp now owns 196,760 shares of the aerospace company's stock worth $53,318,000 after purchasing an additional 86,955 shares in the last quarter. 82.71% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Curtiss-Wright

In other news, VP John C. Watts sold 412 shares of the company's stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $359.55, for a total transaction of $148,134.60. Following the sale, the vice president now owns 4,183 shares of the company's stock, valued at approximately $1,503,997.65. This represents a 8.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.55% of the stock is owned by corporate insiders.

Curtiss-Wright Trading Down 0.1 %

CW traded down $0.39 during trading hours on Wednesday, reaching $361.45. The company's stock had a trading volume of 202,185 shares, compared to its average volume of 226,033. The stock has a market cap of $13.72 billion, a PE ratio of 34.24 and a beta of 1.17. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.98 and a quick ratio of 1.39. Curtiss-Wright Co. has a fifty-two week low of $209.01 and a fifty-two week high of $393.40. The business's 50-day moving average is $345.18 and its 200-day moving average is $305.34.

Curtiss-Wright Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 3rd. Shareholders 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 yield of 0.23%. The ex-dividend date is Friday, November 22nd. Curtiss-Wright's payout ratio is 7.95%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CW. StockNews.com lowered Curtiss-Wright from a "strong-buy" rating to a "buy" rating in a research note on Monday, September 23rd. Stifel Nicolaus cut Curtiss-Wright from a "buy" rating to a "hold" rating and set a $370.00 price objective on the stock. in a report on Monday. Alembic Global Advisors started coverage on Curtiss-Wright in a report on Tuesday, October 29th. They issued an "overweight" rating and a $412.00 price objective on the stock. Robert W. Baird lifted their price objective on Curtiss-Wright from $300.00 to $312.00 and gave the stock an "outperform" rating in a report on Friday, August 9th. Finally, Truist Financial lifted their price objective on Curtiss-Wright from $304.00 to $333.00 and gave the stock a "hold" rating in a report on Friday, November 1st. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Curtiss-Wright has an average rating of "Moderate Buy" and a consensus target price of $364.40.

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.