Curtiss-Wright Co. (NYSE:CW) Position Decreased by Seizert Capital Partners LLC

Seizert Capital Partners LLC reduced its position in shares of Curtiss-Wright Co. (NYSE:CW - Free Report) by 12.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 100,159 shares of the aerospace company's stock after selling 14,055 shares during the period. Seizert Capital Partners LLC owned 0.26% of Curtiss-Wright worth $32,921,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of CW. Signaturefd LLC lifted its position in Curtiss-Wright by 7.8% during the third quarter. Signaturefd LLC now owns 401 shares of the aerospace company's stock worth $132,000 after buying an additional 29 shares during the period. CIBC Asset Management Inc boosted its position in shares of Curtiss-Wright by 3.5% in the third quarter. CIBC Asset Management Inc now owns 1,103 shares of the aerospace company's stock worth $363,000 after acquiring an additional 37 shares during the last quarter. OneDigital Investment Advisors LLC grew its holdings in Curtiss-Wright by 3.3% in the third quarter. OneDigital Investment Advisors LLC now owns 1,162 shares of the aerospace company's stock valued at $382,000 after purchasing an additional 37 shares during the period. Dorsey Wright & Associates increased its position in Curtiss-Wright by 0.4% during the second quarter. Dorsey Wright & Associates now owns 13,002 shares of the aerospace company's stock worth $3,523,000 after purchasing an additional 47 shares during the last quarter. Finally, Tsfg LLC raised its stake in Curtiss-Wright by 191.4% during the third quarter. Tsfg LLC now owns 102 shares of the aerospace company's stock worth $34,000 after purchasing an additional 67 shares during the period. 82.71% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, VP John C. Watts sold 412 shares of the stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $359.55, for a total value of $148,134.60. Following the completion of the transaction, the vice president now directly owns 4,183 shares of the company's stock, valued at $1,503,997.65. This represents a 8.97 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.67% of the stock is owned by corporate insiders.

Analyst Ratings Changes

CW has been the topic of several research reports. Truist Financial raised their price target on shares of Curtiss-Wright from $304.00 to $333.00 and gave the company a "hold" rating in a report on Friday, November 1st. Alembic Global Advisors initiated coverage on shares of Curtiss-Wright in a report on Tuesday, October 29th. They set an "overweight" rating and a $412.00 target price on the stock. StockNews.com cut shares of Curtiss-Wright from a "strong-buy" rating to a "buy" rating in a research report on Monday, September 23rd. Stifel Nicolaus raised their price objective on Curtiss-Wright from $318.00 to $361.00 and gave the company a "buy" rating in a research report on Wednesday, October 16th. Finally, 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. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Curtiss-Wright presently has a consensus rating of "Moderate Buy" and a consensus target price of $362.60.

Curtiss-Wright Stock Performance

Shares of CW stock traded down $2.89 on Friday, hitting $358.35. 411,808 shares of the stock traded hands, compared to its average volume of 272,226. The company's fifty day moving average is $342.77 and its 200 day moving average is $303.72. Curtiss-Wright Co. has a 1-year low of $209.01 and a 1-year high of $393.40. The company has a market capitalization of $13.60 billion, a PE ratio of 33.90 and a beta of 1.17. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.98 and a quick ratio of 1.39.

Curtiss-Wright Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 3rd. Investors of record on Friday, November 22nd will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.84 dividend on an annualized basis and a yield of 0.23%. Curtiss-Wright's dividend payout ratio is currently 7.95%.

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.