Curtiss-Wright Co. (NYSE:CW) Shares Sold by Financial Counselors Inc.

Financial Counselors Inc. reduced its position in Curtiss-Wright Co. (NYSE:CW - Free Report) by 8.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 51,431 shares of the aerospace company's stock after selling 4,982 shares during the period. Financial Counselors Inc. owned 0.14% of Curtiss-Wright worth $18,251,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in Curtiss-Wright by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 3,634,028 shares of the aerospace company's stock valued at $1,289,608,000 after purchasing an additional 15,890 shares during the period. TD Asset Management Inc. lifted its holdings in shares of Curtiss-Wright by 16.2% in the 4th quarter. TD Asset Management Inc. now owns 766,413 shares of the aerospace company's stock valued at $271,977,000 after buying an additional 107,115 shares during the period. Geode Capital Management LLC boosted its stake in shares of Curtiss-Wright by 3.9% in the third quarter. Geode Capital Management LLC now owns 731,848 shares of the aerospace company's stock worth $240,606,000 after buying an additional 27,607 shares during the last quarter. William Blair Investment Management LLC acquired a new stake in Curtiss-Wright during the fourth quarter worth about $132,626,000. Finally, Allspring Global Investments Holdings LLC increased its holdings in shares of Curtiss-Wright by 90.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 338,506 shares of the aerospace company's stock valued at $118,961,000 after purchasing an additional 160,395 shares in the last quarter. Hedge funds and other institutional investors own 82.71% of the company's stock.

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Curtiss-Wright Stock Down 2.7 %

NYSE:CW traded down $8.62 during trading hours on Friday, hitting $316.74. The company's stock had a trading volume of 258,102 shares, compared to its average volume of 261,009. The stock has a market capitalization of $11.93 billion, a P/E ratio of 30.02, a price-to-earnings-growth ratio of 2.48 and a beta of 1.15. 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 has a fifty day moving average of $334.14 and a 200-day moving average of $346.62. Curtiss-Wright Co. has a 52-week low of $246.43 and a 52-week high of $393.40.

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

Curtiss-Wright Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Thursday, March 27th will be paid a dividend of $0.21 per share. The ex-dividend date is Thursday, March 27th. This represents a $0.84 dividend on an annualized basis and a yield of 0.27%. Curtiss-Wright's dividend payout ratio is presently 7.96%.

Insider Activity at Curtiss-Wright

In other news, insider Paul J. Ferdenzi sold 1,907 shares of Curtiss-Wright stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $346.98, for a total value of $661,690.86. Following the sale, the insider now owns 18,405 shares of the company's stock, valued at $6,386,166.90. The trade was a 9.39 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP George P. Mcdonald sold 148 shares of the stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $325.41, for a total transaction of $48,160.68. Following the transaction, the vice president now directly owns 1,899 shares of the company's stock, valued at $617,953.59. This represents a 7.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders acquired 116 shares of company stock worth $35,278 and sold 21,797 shares worth $7,436,255. 0.67% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

CW has been the topic of a number of recent analyst reports. Truist Financial increased their target price on Curtiss-Wright from $333.00 to $357.00 and gave the company a "hold" rating in a research report on Tuesday, January 14th. Citigroup initiated coverage on Curtiss-Wright in a research report on Tuesday, January 21st. They issued a "buy" rating and a $410.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Curtiss-Wright in a research note on Thursday, December 5th. They issued a "buy" rating and a $452.00 price target 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. According to data from MarketBeat, 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.