Curtiss-Wright Co. (NYSE:CW) Shares Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC boosted its position in Curtiss-Wright Co. (NYSE:CW - Free Report) by 23.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,615 shares of the aerospace company's stock after purchasing an additional 1,054 shares during the period. Park Avenue Securities LLC's holdings in Curtiss-Wright were worth $1,993,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of CW. DekaBank Deutsche Girozentrale lifted its position in shares of Curtiss-Wright by 9.3% during the second quarter. DekaBank Deutsche Girozentrale now owns 1,893 shares of the aerospace company's stock worth $515,000 after purchasing an additional 161 shares during the last quarter. Federated Hermes Inc. lifted its holdings in Curtiss-Wright by 37.5% during the 2nd quarter. Federated Hermes Inc. now owns 5,659 shares of the aerospace company's stock valued at $1,533,000 after buying an additional 1,544 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in Curtiss-Wright by 2.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 120,271 shares of the aerospace company's stock valued at $32,591,000 after buying an additional 3,296 shares during the period. Renaissance Technologies LLC grew its stake in Curtiss-Wright by 71.6% in the 2nd quarter. Renaissance Technologies LLC now owns 15,100 shares of the aerospace company's stock worth $4,092,000 after acquiring an additional 6,300 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC increased its position in shares of Curtiss-Wright by 6.0% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 3,806 shares of the aerospace company's stock worth $1,031,000 after acquiring an additional 214 shares during the period. Hedge funds and other institutional investors own 82.71% of the company's stock.

Curtiss-Wright Stock Up 0.3 %

CW traded up $0.97 on Friday, hitting $366.88. The company had a trading volume of 151,169 shares, compared to its average volume of 247,136. The stock has a market capitalization of $13.92 billion, a price-to-earnings ratio of 34.71, a P/E/G ratio of 2.51 and a beta of 1.19. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 1.98. The stock has a fifty day moving average price of $363.91 and a 200-day moving average price of $331.30. Curtiss-Wright Co. has a 12-month low of $220.90 and a 12-month high of $393.40.

Curtiss-Wright Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 3rd. Shareholders of record on Friday, November 22nd were issued a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.23%. The ex-dividend date was Friday, November 22nd. Curtiss-Wright's dividend payout ratio is currently 7.95%.

Insider Transactions at Curtiss-Wright

In other news, VP John C. Watts sold 412 shares of the business's stock in a transaction dated 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 owns 4,183 shares in the company, valued at approximately $1,503,997.65. The trade was a 8.97 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Lynn M. Bamford sold 7,129 shares of the company's stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $368.80, for a total transaction of $2,629,175.20. Following the transaction, the chief executive officer now owns 28,688 shares in the company, valued at approximately $10,580,134.40. This trade represents a 19.90 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have acquired 116 shares of company stock valued at $35,278. Corporate insiders own 0.55% of the company's stock.

Analyst Ratings Changes

CW has been the subject of a number of research reports. StockNews.com lowered Curtiss-Wright from a "strong-buy" rating to a "buy" rating in a report on Monday, September 23rd. Morgan Stanley upped their target price on Curtiss-Wright from $334.00 to $395.00 and gave the stock an "overweight" rating in a report on Tuesday, November 5th. Truist Financial raised 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. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Curtiss-Wright in a research note on Thursday, December 5th. They issued a "buy" rating and a $452.00 price objective for the company. Finally, Alembic Global Advisors started 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 on the stock. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, Curtiss-Wright presently has a consensus rating of "Moderate Buy" and a consensus price target of $383.00.

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.