Fiera Capital Corp Sells 5,371 Shares of Curtiss-Wright Co. (NYSE:CW)

Fiera Capital Corp lowered its position in Curtiss-Wright Co. (NYSE:CW - Free Report) by 3.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 161,992 shares of the aerospace company's stock after selling 5,371 shares during the quarter. Fiera Capital Corp owned 0.42% of Curtiss-Wright worth $53,245,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also bought and sold shares of the stock. Portside Wealth Group LLC boosted its position in Curtiss-Wright by 142.9% during the third quarter. Portside Wealth Group LLC now owns 2,116 shares of the aerospace company's stock valued at $696,000 after acquiring an additional 1,245 shares during the last quarter. Radnor Capital Management LLC acquired a new stake in Curtiss-Wright in the 3rd quarter valued at $2,347,000. Marks Group Wealth Management Inc acquired a new stake in shares of Curtiss-Wright in the 3rd quarter worth about $9,315,000. Van ECK Associates Corp lifted its holdings in shares of Curtiss-Wright by 29.0% in the third quarter. Van ECK Associates Corp now owns 253,726 shares of the aerospace company's stock valued at $88,847,000 after purchasing an additional 56,966 shares in the last quarter. Finally, New York State Common Retirement Fund boosted its holdings in Curtiss-Wright by 15.8% during the 3rd quarter. New York State Common Retirement Fund now owns 78,503 shares of the aerospace company's stock worth $25,803,000 after acquiring an additional 10,700 shares during the last quarter. 82.71% of the stock is owned by institutional investors.

Curtiss-Wright Stock Up 2.3 %

Shares of NYSE:CW traded up $8.80 during trading on Friday, hitting $386.07. The stock had a trading volume of 178,598 shares, compared to its average volume of 222,485. The company has a market capitalization of $14.65 billion, a PE ratio of 36.53 and a beta of 1.17. The company has a quick ratio of 1.39, a current ratio of 1.98 and a debt-to-equity ratio of 0.39. The firm's fifty day moving average is $334.10 and its 200 day moving average is $298.20. Curtiss-Wright Co. has a 12 month low of $204.49 and a 12 month high of $387.05.

Curtiss-Wright (NYSE:CW - Get Free Report) last announced its earnings results on Wednesday, August 7th. The aerospace company reported $2.67 EPS for the quarter, beating analysts' consensus estimates of $2.24 by $0.43. The firm had revenue of $785.00 million for the quarter, compared to analysts' expectations of $735.82 million. Curtiss-Wright had a net margin of 13.20% and a return on equity of 17.21%. The company's quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.15 EPS. Analysts anticipate that Curtiss-Wright Co. will post 10.66 EPS for the current fiscal year.

Curtiss-Wright Announces Dividend

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

Insider Buying and Selling at Curtiss-Wright

In other Curtiss-Wright news, Director Glenda J. Minor sold 500 shares of the business's stock in a transaction 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 sale, the director now directly owns 1,382 shares of the company's stock, valued at approximately $418,469.60. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Curtiss-Wright news, Director Glenda J. Minor sold 500 shares of Curtiss-Wright stock in a transaction dated 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 directly owns 1,382 shares of the company's stock, 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 filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP John C. Watts sold 412 shares of the stock in a transaction that occurred on Tuesday, November 5th. The shares were 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 in the company, valued at approximately $1,503,997.65. The trade was 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.

Analyst Upgrades and Downgrades

CW has been the subject of several recent analyst reports. Alembic Global Advisors assumed coverage on Curtiss-Wright in a report on Tuesday, October 29th. They issued an "overweight" rating and a $412.00 target price for the company. Truist Financial boosted their price objective on Curtiss-Wright from $304.00 to $333.00 and gave the company a "hold" rating in a research note on Friday, November 1st. Robert W. Baird upped their price objective on shares of Curtiss-Wright from $300.00 to $312.00 and gave the stock an "outperform" rating in a research report on Friday, August 9th. Stifel Nicolaus increased their price objective on Curtiss-Wright from $318.00 to $361.00 and gave the company a "buy" rating in a research report on Wednesday, October 16th. Finally, StockNews.com downgraded Curtiss-Wright from a "strong-buy" rating to a "buy" rating in a research report on Monday, September 23rd. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $362.60.

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.