Curtiss-Wright Co. (NYSE:CW) Shares Purchased by TD Asset Management Inc.

TD Asset Management Inc. increased its holdings in Curtiss-Wright Co. (NYSE:CW - Free Report) by 16.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 766,413 shares of the aerospace company's stock after buying an additional 107,115 shares during the period. TD Asset Management Inc. owned about 2.02% of Curtiss-Wright worth $271,977,000 as of its most recent filing with the Securities & Exchange Commission.

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

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Curtiss-Wright Stock Performance

Shares of NYSE:CW traded down $8.62 during midday trading on Friday, reaching $316.74. The company's stock had a trading volume of 258,102 shares, compared to its average volume of 261,009. The firm has a market capitalization of $11.93 billion, a PE ratio of 30.02, a P/E/G ratio of 2.48 and a beta of 1.15. The stock has a fifty day moving average of $334.14 and a 200 day moving average of $346.62. Curtiss-Wright Co. has a twelve month low of $246.43 and a twelve month high of $393.40. The company has a quick ratio of 1.19, a current ratio of 1.69 and a debt-to-equity ratio of 0.39.

Curtiss-Wright (NYSE:CW - Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The aerospace company reported $3.27 earnings per share for the quarter, beating analysts' consensus estimates of $3.12 by $0.15. Curtiss-Wright had a return on equity of 17.11% and a net margin of 12.98%. On average, equities analysts expect that Curtiss-Wright Co. will post 12.32 EPS for the current fiscal year.

Curtiss-Wright Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Thursday, March 27th will be issued a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 0.27%. The ex-dividend date is Thursday, March 27th. Curtiss-Wright's dividend payout ratio (DPR) is 7.96%.

Wall Street Analyst Weigh In

CW has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft began coverage on Curtiss-Wright in a research note on Thursday, December 5th. They issued a "buy" rating and a $452.00 price target for the company. Citigroup assumed coverage on shares of Curtiss-Wright in a research note on Tuesday, January 21st. They issued a "buy" rating and a $410.00 target price for the company. Finally, Truist Financial upped their price target on shares of Curtiss-Wright from $333.00 to $357.00 and gave the company a "hold" rating in a research note on Tuesday, January 14th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, Curtiss-Wright currently has an average rating of "Moderate Buy" and a consensus target price of $386.86.

Insider Activity at Curtiss-Wright

In related news, VP John C. Watts sold 622 shares of the company's stock in a transaction dated Wednesday, February 5th. The stock was 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 of the company's stock, valued at approximately $1,760,237.60. This represents a 10.92 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP George P. Mcdonald sold 148 shares of the firm's stock in a transaction that occurred on Tuesday, March 18th. The shares were sold at an average price of $325.41, for a total value of $48,160.68. Following the completion of the sale, the vice president now directly owns 1,899 shares in the company, valued at approximately $617,953.59. The trade was a 7.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders bought 116 shares of company stock worth $35,278 and sold 21,797 shares worth $7,436,255. Company insiders own 0.67% of the company's stock.

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.