Curtiss-Wright Co. (NYSE:CW) CFO Sells $300,083.34 in Stock

Curtiss-Wright Co. (NYSE:CW - Get Free Report) CFO K Christopher Farkas sold 922 shares of the stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $325.47, for a total transaction of $300,083.34. Following the completion of the sale, the chief financial officer now directly owns 14,033 shares of the company's stock, valued at $4,567,320.51. The trade was a 6.17 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

K Christopher Farkas also recently made the following trade(s):

• On Wednesday, February 5th, K Christopher Farkas sold 2,453 shares of Curtiss-Wright stock. The stock was sold at an average price of $347.00, for a total value of $851,191.00.

Curtiss-Wright Stock Performance

Curtiss-Wright stock traded down $1.84 during mid-day trading on Friday, reaching $325.62. The company's stock had a trading volume of 680,352 shares, compared to its average volume of 250,575. The company has a current ratio of 1.69, a quick ratio of 1.19 and a debt-to-equity ratio of 0.39. Curtiss-Wright Co. has a twelve month low of $246.43 and a twelve month high of $393.40. The business has a 50 day moving average price of $337.26 and a 200-day moving average price of $345.23. The firm has a market cap of $12.26 billion, a price-to-earnings ratio of 30.86, a PEG ratio of 2.48 and a beta of 1.15.

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Curtiss-Wright (NYSE:CW - Get Free Report) last announced 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 net margin of 12.98% and a return on equity of 17.11%. Sell-side analysts predict that Curtiss-Wright Co. will post 12.32 EPS for the current fiscal year.

Curtiss-Wright Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Thursday, March 27th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Thursday, March 27th. This represents a $0.84 dividend on an annualized basis and a yield of 0.26%. Curtiss-Wright's dividend payout ratio is currently 7.96%.

Institutional Investors Weigh In On Curtiss-Wright

Several large investors have recently added to or reduced their stakes in the stock. Tidal Investments LLC increased its holdings 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 acquiring an additional 29 shares during the period. Envestnet Portfolio Solutions Inc. raised its holdings in shares of Curtiss-Wright by 0.9% during the fourth 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 last quarter. Harbour Investments Inc. boosted its position in shares of Curtiss-Wright by 10.6% during the fourth quarter. Harbour Investments Inc. now owns 312 shares of the aerospace company's stock worth $111,000 after buying an additional 30 shares during the period. Cornerstone Investment Partners LLC boosted 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 buying an additional 32 shares during the period. Finally, Ascent Group LLC grew its holdings in Curtiss-Wright by 4.9% in the 4th quarter. Ascent Group LLC now owns 713 shares of the aerospace company's stock worth $253,000 after buying an additional 33 shares in the last quarter. 82.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CW has been the subject of a number of analyst reports. Citigroup started coverage on Curtiss-Wright in a report on Tuesday, January 21st. They issued a "buy" rating and a $410.00 price target for the company. Deutsche Bank Aktiengesellschaft started 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 for the company. Finally, Truist Financial increased their price objective on shares of Curtiss-Wright from $333.00 to $357.00 and gave the company a "hold" rating in a research note on Tuesday, January 14th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock 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.