Morey & Quinn Wealth Partners LLC Takes Position in Curtiss-Wright Co. (NYSE:CW)

Morey & Quinn Wealth Partners LLC acquired a new stake in shares of Curtiss-Wright Co. (NYSE:CW - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 871 shares of the aerospace company's stock, valued at approximately $309,000.

A number of other large investors also recently modified their holdings of the company. Atomi Financial Group Inc. bought a new stake in shares of Curtiss-Wright during the fourth quarter valued at approximately $239,000. Truist Financial Corp increased its holdings in Curtiss-Wright by 6.2% in the 4th quarter. Truist Financial Corp now owns 14,230 shares of the aerospace company's stock valued at $5,050,000 after acquiring an additional 825 shares during the last quarter. Athena Investment Management purchased a new stake in Curtiss-Wright in the 4th quarter worth $302,000. Fisher Asset Management LLC boosted its holdings in shares of Curtiss-Wright by 8.4% during the 3rd quarter. Fisher Asset Management LLC now owns 70,454 shares of the aerospace company's stock valued at $23,158,000 after purchasing an additional 5,437 shares during the last quarter. Finally, Daiwa Securities Group Inc. grew its position in shares of Curtiss-Wright by 1,694.7% during the fourth quarter. Daiwa Securities Group Inc. now owns 11,863 shares of the aerospace company's stock valued at $4,210,000 after purchasing an additional 11,202 shares in the last quarter. Hedge funds and other institutional investors own 82.71% of the company's stock.

Curtiss-Wright Trading Down 2.7 %

CW stock traded down $8.62 during mid-day trading on Friday, reaching $316.74. 258,102 shares of the stock traded hands, compared to its average volume of 261,009. Curtiss-Wright Co. has a one year low of $246.43 and a one year high of $393.40. The stock has a market capitalization of $11.93 billion, a PE ratio of 30.02, a PEG ratio of 2.48 and a beta of 1.15. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.19 and a current ratio of 1.69. The business has a 50-day moving average price of $334.14 and a two-hundred day moving average price of $346.62.

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

Curtiss-Wright Dividend Announcement

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

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Truist Financial increased their price target on Curtiss-Wright from $333.00 to $357.00 and gave the company a "hold" rating in a research note on Tuesday, January 14th. Citigroup began coverage on shares of Curtiss-Wright in a report on Tuesday, January 21st. They issued a "buy" rating and a $410.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Curtiss-Wright in a research note on Thursday, December 5th. They set 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 MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $386.86.

Insider Buying and Selling at Curtiss-Wright

In other Curtiss-Wright news, VP George P. Mcdonald sold 148 shares of the firm's stock in a transaction on 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 in the company, valued at $617,953.59. This trade represents a 7.23 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, 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 value of $2,875,205.43. Following the completion of the sale, the chief executive officer now owns 38,905 shares of the company's stock, valued at $13,494,977.35. This represents a 17.56 % decrease in their ownership of the stock. 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. 0.67% of the stock is currently owned by corporate insiders.

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.