Curtiss-Wright Co. (NYSE:CW) Shares Sold by Grantham Mayo Van Otterloo & Co. LLC

Grantham Mayo Van Otterloo & Co. LLC trimmed its position in shares of Curtiss-Wright Co. (NYSE:CW - Free Report) by 64.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,549 shares of the aerospace company's stock after selling 47,729 shares during the period. Grantham Mayo Van Otterloo & Co. LLC owned about 0.07% of Curtiss-Wright worth $9,421,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tidal Investments LLC grew its holdings in shares of Curtiss-Wright by 2.6% in the third quarter. Tidal Investments LLC now owns 1,159 shares of the aerospace company's stock worth $381,000 after purchasing an additional 29 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in Curtiss-Wright by 0.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 3,319 shares of the aerospace company's stock valued at $1,178,000 after buying an additional 29 shares during the period. Harbour Investments Inc. grew its stake in Curtiss-Wright by 10.6% in the 4th quarter. Harbour Investments Inc. now owns 312 shares of the aerospace company's stock worth $111,000 after acquiring an additional 30 shares in the last quarter. Cornerstone Investment Partners LLC increased its position in shares of Curtiss-Wright by 3.6% during the fourth quarter. Cornerstone Investment Partners LLC now owns 918 shares of the aerospace company's stock worth $326,000 after acquiring an additional 32 shares during the period. Finally, Aaron Wealth Advisors LLC raised its stake in shares of Curtiss-Wright by 5.0% during the fourth quarter. Aaron Wealth Advisors LLC now owns 774 shares of the aerospace company's stock valued at $275,000 after acquiring an additional 37 shares in the last quarter. 82.71% of the stock is owned by hedge funds and other institutional investors.

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Insider Activity at Curtiss-Wright

In other news, VP John C. Watts sold 622 shares of the company's stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $347.05, for a total transaction of $215,865.10. Following the transaction, the vice president now owns 5,072 shares in the company, valued at $1,760,237.60. This represents a 10.92 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Lynn M. Bamford sold 3,131 shares of the business's stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of $325.41, for a total transaction of $1,018,858.71. Following the sale, the chief executive officer now directly owns 42,887 shares in the company, valued at approximately $13,955,858.67. This represents a 6.80 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 21,797 shares of company stock valued at $7,436,255 over the last 90 days. Insiders own 0.67% of the company's stock.

Curtiss-Wright Stock Up 1.4 %

NYSE CW traded up $4.48 during midday trading on Friday, hitting $317.69. 179,062 shares of the company traded hands, compared to its average volume of 264,384. Curtiss-Wright Co. has a 52 week low of $246.43 and a 52 week high of $393.40. The company's 50-day simple moving average is $322.18 and its 200-day simple moving average is $345.71. The company has a market cap of $11.96 billion, a PE ratio of 30.11, a price-to-earnings-growth ratio of 2.48 and a beta of 1.03. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.69 and a quick ratio of 1.19.

Curtiss-Wright (NYSE:CW - Get Free Report) last issued its quarterly earnings data on Wednesday, February 12th. The aerospace company reported $3.27 earnings per share for the quarter, beating 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%. As a group, equities research 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 disclosed 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 annualized dividend and a dividend yield of 0.26%. Curtiss-Wright's dividend payout ratio (DPR) is presently 7.96%.

Wall Street Analyst Weigh In

CW has been the topic of several research reports. Truist Financial raised 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. Citigroup cut their price target on Curtiss-Wright from $450.00 to $424.00 and set a "buy" rating on the stock in a research note on Thursday. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, Curtiss-Wright has an average rating of "Moderate Buy" and an average target price of $388.86.

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.