Curtiss-Wright Co. (NYSE:CW) Shares Acquired by Private Advisor Group LLC

Private Advisor Group LLC boosted its position in Curtiss-Wright Co. (NYSE:CW - Free Report) by 179.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 3,405 shares of the aerospace company's stock after acquiring an additional 2,187 shares during the period. Private Advisor Group LLC's holdings in Curtiss-Wright were worth $1,208,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Atomi Financial Group Inc. acquired a new stake in shares of Curtiss-Wright in the fourth quarter worth approximately $239,000. Truist Financial Corp boosted its holdings in shares of 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 purchasing an additional 825 shares during the last quarter. Oppenheimer & Co. Inc. acquired a new position in shares of Curtiss-Wright in the 3rd quarter valued at $542,000. Fisher Asset Management LLC grew its stake 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 buying an additional 5,437 shares during the period. Finally, MML Investors Services LLC increased its holdings in shares of Curtiss-Wright by 21.8% during the 3rd quarter. MML Investors Services LLC now owns 9,786 shares of the aerospace company's stock worth $3,217,000 after buying an additional 1,754 shares during the last quarter. 82.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Curtiss-Wright news, insider Paul J. Ferdenzi sold 1,907 shares of the business's stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $346.98, for a total transaction of $661,690.86. Following the completion of the sale, the insider now owns 18,405 shares in the company, valued at $6,386,166.90. The trade was a 9.39 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Lynn M. Bamford sold 7,129 shares of the firm's stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $368.80, for a total transaction of $2,629,175.20. Following the completion of the transaction, the chief executive officer now owns 28,688 shares in the company, valued at approximately $10,580,134.40. The trade was a 19.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders bought 116 shares of company stock worth $35,278 and sold 23,064 shares worth $8,157,322. Insiders own 0.67% of the company's stock.

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Analyst Ratings Changes

Several equities research analysts have recently issued reports on CW shares. Citigroup began coverage on shares of Curtiss-Wright in a research report on Tuesday, January 21st. They issued a "buy" rating and a $410.00 price objective for the company. Stifel Nicolaus lowered Curtiss-Wright from a "buy" rating to a "hold" rating and set a $370.00 price objective on the stock. in a research report on Monday, November 18th. Morgan Stanley upped their target price on Curtiss-Wright from $334.00 to $395.00 and gave the stock an "overweight" rating in a research report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft initiated coverage on Curtiss-Wright in a report on Thursday, December 5th. They set a "buy" rating and a $452.00 target price on the stock. Finally, Truist Financial upped their price target on Curtiss-Wright from $333.00 to $357.00 and gave the stock a "hold" rating in a report on Tuesday, January 14th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $386.86.

Curtiss-Wright Stock Down 2.1 %

CW stock traded down $6.86 during midday trading on Monday, hitting $314.80. 185,651 shares of the company's stock were exchanged, compared to its average volume of 329,720. The firm has a 50 day moving average price of $348.05 and a 200-day moving average price of $344.65. Curtiss-Wright Co. has a 12-month low of $236.31 and a 12-month high of $393.40. The stock has a market capitalization of $11.86 billion, a price-to-earnings ratio of 29.84, a price-to-earnings-growth ratio of 2.48 and a beta of 1.19. 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 (NYSE:CW - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The aerospace company reported $3.27 earnings per share (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%. On average, analysts anticipate that Curtiss-Wright Co. will post 12.32 EPS for the current year.

Curtiss-Wright Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Thursday, March 27th will be paid a $0.21 dividend. 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 0.27%. Curtiss-Wright's dividend payout ratio (DPR) is 7.96%.

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.