Charles Schwab Investment Management Inc. Has $84.17 Million Stock Holdings in Curtiss-Wright Co. (NYSE:CW)

Charles Schwab Investment Management Inc. trimmed its position in Curtiss-Wright Co. (NYSE:CW - Free Report) by 0.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 237,190 shares of the aerospace company's stock after selling 1,939 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.63% of Curtiss-Wright worth $84,172,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. YANKCOM Partnership purchased a new stake in shares of Curtiss-Wright in the fourth quarter worth approximately $31,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Curtiss-Wright in the third quarter worth approximately $53,000. UMB Bank n.a. lifted its position in shares of Curtiss-Wright by 61.0% in the fourth quarter. UMB Bank n.a. now owns 169 shares of the aerospace company's stock worth $60,000 after purchasing an additional 64 shares in the last quarter. Brooklyn Investment Group purchased a new stake in shares of Curtiss-Wright in the third quarter worth approximately $59,000. Finally, Morse Asset Management Inc purchased a new stake in shares of Curtiss-Wright in the third quarter worth approximately $69,000. 82.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Curtiss-Wright

In other Curtiss-Wright news, VP John C. Watts sold 622 shares of Curtiss-Wright stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $347.05, for a total transaction of $215,865.10. Following the sale, the vice president now owns 5,072 shares in the company, valued at $1,760,237.60. The trade was a 10.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO K Christopher Farkas sold 2,453 shares of Curtiss-Wright stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $347.00, for a total transaction of $851,191.00. Following the sale, the chief financial officer now owns 12,712 shares in the company, valued at $4,411,064. This represents a 16.18 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have purchased 116 shares of company stock worth $35,278 and have sold 15,935 shares worth $5,528,147. 0.67% of the stock is currently owned by corporate insiders.

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Curtiss-Wright Stock Performance

Shares of NYSE:CW traded down $0.07 during trading on Thursday, reaching $314.08. The stock had a trading volume of 188,862 shares, compared to its average volume of 250,794. Curtiss-Wright Co. has a 52 week low of $238.81 and a 52 week high of $393.40. The firm has a market capitalization of $11.83 billion, a price-to-earnings ratio of 29.77, a P/E/G ratio of 2.48 and a beta of 1.15. The company has a quick ratio of 1.19, a current ratio of 1.69 and a debt-to-equity ratio of 0.39. The stock has a fifty day simple moving average of $340.85 and a two-hundred day simple moving average of $344.95.

Curtiss-Wright (NYSE:CW - Get Free Report) last released 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 net margin of 12.98% and a return on equity of 17.11%. As a group, analysts anticipate that Curtiss-Wright Co. will post 12.32 earnings per share for the current fiscal year.

Curtiss-Wright Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Thursday, March 27th will be paid a $0.21 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $0.84 annualized dividend and a dividend yield of 0.27%. Curtiss-Wright's payout ratio is 7.96%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on CW shares. Truist Financial raised their price objective on shares of Curtiss-Wright from $333.00 to $357.00 and gave the company a "hold" rating in a research report on Tuesday, January 14th. 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 objective on the stock. Stifel Nicolaus lowered shares of Curtiss-Wright from a "buy" rating to a "hold" rating and set a $370.00 price objective on the stock. in a research report on Monday, November 18th. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Curtiss-Wright in a research report on Thursday, December 5th. They set a "buy" rating and a $452.00 price objective on the stock. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, Curtiss-Wright presently has a consensus rating of "Moderate Buy" and an average target price of $386.86.

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.