Level Four Advisory Services LLC Increases Holdings in Curtiss-Wright Co. (NYSE:CW)

Level Four Advisory Services LLC lifted its stake in shares of Curtiss-Wright Co. (NYSE:CW - Free Report) by 18.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,130 shares of the aerospace company's stock after buying an additional 955 shares during the period. Level Four Advisory Services LLC's holdings in Curtiss-Wright were worth $2,175,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. YANKCOM Partnership purchased a new position in shares of Curtiss-Wright during the 4th quarter valued at about $31,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Curtiss-Wright in the third quarter valued at approximately $53,000. UMB Bank n.a. grew its stake in Curtiss-Wright by 61.0% in the 4th quarter. UMB Bank n.a. now owns 169 shares of the aerospace company's stock valued at $60,000 after acquiring an additional 64 shares during the period. Morse Asset Management Inc purchased a new position in Curtiss-Wright during the third quarter valued at $69,000. Finally, Safe Harbor Fiduciary LLC acquired a new position in shares of Curtiss-Wright during the 3rd quarter worth about $82,000. Hedge funds and other institutional investors own 82.71% of the company's stock.

Curtiss-Wright Stock Performance

Shares of NYSE:CW traded down $20.79 during trading on Thursday, reaching $304.98. The company had a trading volume of 51,310 shares, compared to its average volume of 305,621. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.69 and a quick ratio of 1.19. The firm has a market capitalization of $11.49 billion, a price-to-earnings ratio of 28.91, a price-to-earnings-growth ratio of 2.48 and a beta of 1.15. The stock's fifty day moving average price is $330.84 and its 200 day moving average price is $346.98. Curtiss-Wright Co. has a fifty-two week low of $246.43 and a fifty-two week high of $393.40.

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Curtiss-Wright (NYSE:CW - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The aerospace company reported $3.27 earnings per share for the quarter, topping 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%. As a group, equities research analysts predict that Curtiss-Wright Co. will post 12.32 EPS for the current year.

Curtiss-Wright Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Thursday, March 27th will be paid a $0.21 dividend. The ex-dividend date is Thursday, March 27th. This represents a $0.84 annualized dividend and a yield of 0.28%. Curtiss-Wright's payout ratio is currently 7.96%.

Insiders Place Their Bets

In other news, CEO Lynn M. Bamford sold 8,289 shares of the company's stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $346.87, for a total transaction of $2,875,205.43. Following the completion of the sale, the chief executive officer now directly owns 38,905 shares in the company, valued at $13,494,977.35. This represents a 17.56 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, VP John C. Watts sold 622 shares of Curtiss-Wright stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $347.05, for a total value of $215,865.10. Following the completion of the transaction, the vice president now owns 5,072 shares in the company, valued at $1,760,237.60. The trade was a 10.92 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have acquired 116 shares of company stock valued at $35,278 and have sold 21,797 shares valued at $7,436,255. Corporate insiders own 0.55% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on CW shares. Citigroup initiated coverage on shares of Curtiss-Wright in a report on Tuesday, January 21st. They set a "buy" rating and a $410.00 target price for the company. Deutsche Bank Aktiengesellschaft started coverage on Curtiss-Wright in a research report on Thursday, December 5th. They set a "buy" rating and a $452.00 price objective for the company. Finally, Truist Financial raised their price target on Curtiss-Wright from $333.00 to $357.00 and gave the stock a "hold" rating in a research report on Tuesday, January 14th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently 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.