Los Angeles Capital Management LLC Has $4.42 Million Stock Holdings in Curtiss-Wright Co. (NYSE:CW)

Los Angeles Capital Management LLC cut its stake in Curtiss-Wright Co. (NYSE:CW - Free Report) by 65.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,448 shares of the aerospace company's stock after selling 25,017 shares during the period. Los Angeles Capital Management LLC's holdings in Curtiss-Wright were worth $4,420,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Versant Capital Management Inc raised its holdings in Curtiss-Wright by 5,050.0% during the second quarter. Versant Capital Management Inc now owns 103 shares of the aerospace company's stock worth $28,000 after acquiring an additional 101 shares in the last quarter. GPS Wealth Strategies Group LLC purchased a new position in shares of Curtiss-Wright during the 2nd quarter valued at $30,000. EverSource Wealth Advisors LLC increased its position in shares of Curtiss-Wright by 1,933.3% in the first quarter. EverSource Wealth Advisors LLC now owns 122 shares of the aerospace company's stock worth $31,000 after purchasing an additional 116 shares during the last quarter. Tsfg LLC boosted its stake in shares of Curtiss-Wright by 191.4% during the third quarter. Tsfg LLC now owns 102 shares of the aerospace company's stock valued at $34,000 after purchasing an additional 67 shares during the period. Finally, UMB Bank n.a. lifted its stake in shares of Curtiss-Wright by 303.8% in the 3rd quarter. UMB Bank n.a. now owns 105 shares of the aerospace company's stock valued at $35,000 after purchasing an additional 79 shares during the period. Institutional investors and hedge funds own 82.71% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on CW shares. Truist Financial increased their target price on Curtiss-Wright from $304.00 to $333.00 and gave the company a "hold" rating in a research report on Friday, November 1st. Robert W. Baird lifted their target price on Curtiss-Wright from $300.00 to $312.00 and gave the company an "outperform" rating in a research report on Friday, August 9th. Alembic Global Advisors assumed coverage on shares of Curtiss-Wright in a report on Tuesday, October 29th. They issued an "overweight" rating and a $412.00 target price for the company. StockNews.com downgraded Curtiss-Wright from a "strong-buy" rating to a "buy" rating in a research report on Monday, September 23rd. Finally, 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. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $362.60.

Insider Buying and Selling

In related news, Director Glenda J. Minor sold 500 shares of the business's stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $302.80, for a total value of $151,400.00. Following the completion of the sale, the director now owns 1,382 shares in the company, valued at approximately $418,469.60. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other Curtiss-Wright 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 value of $151,400.00. Following the completion of the transaction, 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 filing with the SEC, which is available at this link. Also, VP John C. Watts sold 412 shares of the company's stock in a transaction that occurred 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 sale, the vice president now owns 4,183 shares of the company's stock, valued at $1,503,997.65. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is owned by corporate insiders.

Curtiss-Wright Stock Down 0.1 %

Shares of CW stock traded down $0.22 during trading hours on Wednesday, reaching $385.42. The company had a trading volume of 203,535 shares, compared to its average volume of 222,606. Curtiss-Wright Co. has a 12 month low of $209.01 and a 12 month high of $393.40. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.98 and a quick ratio of 1.39. The business has a fifty day simple moving average of $338.64 and a 200-day simple moving average of $301.67. The company has a market cap of $14.63 billion, a price-to-earnings ratio of 36.83 and a beta of 1.17.

Curtiss-Wright Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 11th. Investors 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 is presently 7.95%.

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.