Curtiss-Wright Co. (NYSE:CW) Shares Bought by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. raised its stake in Curtiss-Wright Co. (NYSE:CW - Free Report) by 10.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,052 shares of the aerospace company's stock after acquiring an additional 1,097 shares during the period. TD Waterhouse Canada Inc.'s holdings in Curtiss-Wright were worth $4,278,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Atomi Financial Group Inc. bought a new stake in Curtiss-Wright in the 4th quarter worth about $239,000. Truist Financial Corp boosted its stake in shares of Curtiss-Wright by 6.2% during the 4th quarter. Truist Financial Corp now owns 14,230 shares of the aerospace company's stock worth $5,050,000 after acquiring an additional 825 shares during the last quarter. Athena Investment Management purchased a new position in Curtiss-Wright during the fourth quarter valued at $302,000. Daiwa Securities Group Inc. increased its holdings in Curtiss-Wright by 1,694.7% in the 4th quarter. Daiwa Securities Group Inc. now owns 11,863 shares of the aerospace company's stock worth $4,210,000 after acquiring an additional 11,202 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Curtiss-Wright by 28.9% during the fourth quarter. JPMorgan Chase & Co. now owns 153,631 shares of the aerospace company's stock valued at $54,519,000 after acquiring an additional 34,489 shares during the period. 82.71% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on CW. Citigroup reduced their price objective on shares of Curtiss-Wright from $450.00 to $424.00 and set a "buy" rating on the stock in a research report on Thursday, April 10th. Truist Financial reduced their price objective on Curtiss-Wright from $357.00 to $338.00 and set a "hold" rating on the stock in a research note on Thursday, April 17th. Finally, Stifel Nicolaus lowered their price objective on shares of Curtiss-Wright from $331.00 to $309.00 and set a "hold" rating for the company in a research report on Monday, April 14th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $377.43.

Curtiss-Wright Trading Up 1.0 %

Shares of Curtiss-Wright stock traded up $3.47 on Friday, hitting $339.01. 122,745 shares of the company traded hands, compared to its average volume of 266,554. The company has a current ratio of 1.69, a quick ratio of 1.19 and a debt-to-equity ratio of 0.39. The stock's 50 day moving average price is $318.71 and its 200-day moving average price is $344.94. The company has a market cap of $12.77 billion, a PE ratio of 32.13, a PEG ratio of 2.48 and a beta of 1.03. Curtiss-Wright Co. has a 52 week low of $250.97 and a 52 week high of $393.40.

Curtiss-Wright (NYSE:CW - Get Free Report) last posted its earnings results on Wednesday, February 12th. The aerospace company reported $3.27 earnings per share for the quarter, topping analysts' consensus estimates of $3.12 by $0.15. Curtiss-Wright had a return on equity of 17.11% and a net margin of 12.98%. Equities research analysts predict that Curtiss-Wright Co. will post 12.32 EPS for the current year.

Curtiss-Wright Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 14th. Shareholders of record on Thursday, March 27th were paid a $0.21 dividend. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.84 annualized dividend and a yield of 0.25%. Curtiss-Wright's dividend payout ratio (DPR) is 7.96%.

Insiders Place Their Bets

In related news, VP George P. Mcdonald sold 148 shares of the stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of $325.41, for a total transaction of $48,160.68. Following the sale, the vice president now directly owns 1,899 shares of the company's stock, valued at approximately $617,953.59. This represents a 7.23 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Lynn M. Bamford sold 8,289 shares of Curtiss-Wright stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $346.87, for a total value of $2,875,205.43. Following the completion of the transaction, the chief executive officer now owns 38,905 shares of the company's stock, valued at approximately $13,494,977.35. This represents a 17.56 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 21,797 shares of company stock valued at $7,436,255. 0.55% of the stock is currently owned by corporate insiders.

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.