Fort Washington Investment Advisors Inc. OH Trims Stake in Curtiss-Wright Co. (NYSE:CW)

Fort Washington Investment Advisors Inc. OH lowered its stake in Curtiss-Wright Co. (NYSE:CW - Free Report) by 32.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 41,096 shares of the aerospace company's stock after selling 19,320 shares during the period. Fort Washington Investment Advisors Inc. OH owned 0.11% of Curtiss-Wright worth $14,584,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Signaturefd LLC boosted its holdings in Curtiss-Wright by 7.8% during the third quarter. Signaturefd LLC now owns 401 shares of the aerospace company's stock worth $132,000 after purchasing an additional 29 shares during the last quarter. Tidal Investments LLC boosted its stake in shares of Curtiss-Wright by 2.6% in the 3rd quarter. Tidal Investments LLC now owns 1,159 shares of the aerospace company's stock worth $381,000 after buying an additional 29 shares during the last quarter. OneDigital Investment Advisors LLC grew its holdings in shares of Curtiss-Wright by 3.3% in the third quarter. OneDigital Investment Advisors LLC now owns 1,162 shares of the aerospace company's stock valued at $382,000 after acquiring an additional 37 shares in the last quarter. CIBC Asset Management Inc increased its position in shares of Curtiss-Wright by 3.5% during the third quarter. CIBC Asset Management Inc now owns 1,103 shares of the aerospace company's stock valued at $363,000 after acquiring an additional 37 shares during the last quarter. Finally, Aaron Wealth Advisors LLC lifted its holdings in Curtiss-Wright by 5.0% during the fourth quarter. Aaron Wealth Advisors LLC now owns 774 shares of the aerospace company's stock worth $275,000 after acquiring an additional 37 shares during the period. Institutional investors own 82.71% of the company's stock.

Curtiss-Wright Trading Up 0.2 %

Shares of Curtiss-Wright stock traded up $0.92 during trading on Thursday, reaching $383.47. The company's stock had a trading volume of 125,996 shares, compared to its average volume of 246,966. Curtiss-Wright Co. has a 52-week low of $220.90 and a 52-week high of $393.40. 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 50-day moving average is $363.31 and its two-hundred day moving average is $333.50. The company has a market cap of $14.55 billion, a price-to-earnings ratio of 36.28, a PEG ratio of 2.73 and a beta of 1.19.

Curtiss-Wright Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 3rd. Stockholders of record on Friday, November 22nd were given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.22%. The ex-dividend date of this dividend was Friday, November 22nd. Curtiss-Wright's dividend payout ratio is currently 7.95%.

Insiders Place Their Bets

In other Curtiss-Wright news, VP John C. Watts sold 412 shares of the stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $359.55, for a total transaction of $148,134.60. Following the sale, the vice president now directly owns 4,183 shares in the company, valued at approximately $1,503,997.65. This trade represents a 8.97 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Lynn M. Bamford sold 7,129 shares of the business's stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $368.80, for a total value of $2,629,175.20. Following the completion of the transaction, the chief executive officer now owns 28,688 shares of the company's stock, valued at $10,580,134.40. This represents a 19.90 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have acquired 116 shares of company stock worth $35,278. 0.67% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on CW shares. Deutsche Bank Aktiengesellschaft assumed coverage on Curtiss-Wright in a research note on Thursday, December 5th. They issued a "buy" rating and a $452.00 price objective for the company. Citigroup began coverage on shares of Curtiss-Wright in a report on Tuesday. They set a "buy" rating and a $410.00 price objective for the company. Alembic Global Advisors began coverage on shares of Curtiss-Wright in a research report on Tuesday, October 29th. They set an "overweight" rating and a $412.00 target price for the company. Stifel Nicolaus lowered Curtiss-Wright from a "buy" rating to a "hold" rating and set a $370.00 price objective for the company. in a report on Monday, November 18th. Finally, Truist Financial lifted their price objective on Curtiss-Wright from $333.00 to $357.00 and gave the stock a "hold" rating in a report on Tuesday, January 14th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $386.86.

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.