Whittier Trust Co. Buys 1,805 Shares of Curtiss-Wright Co. (NYSE:CW)

Whittier Trust Co. grew its holdings in shares of Curtiss-Wright Co. (NYSE:CW - Free Report) by 3.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 59,405 shares of the aerospace company's stock after buying an additional 1,805 shares during the period. Whittier Trust Co. owned 0.16% of Curtiss-Wright worth $21,080,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. YANKCOM Partnership purchased a new stake in Curtiss-Wright in the fourth quarter worth about $31,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Curtiss-Wright in the 3rd quarter valued at approximately $53,000. Brooklyn Investment Group purchased a new stake in Curtiss-Wright in the third quarter worth $59,000. UMB Bank n.a. grew its stake in Curtiss-Wright by 61.0% in the fourth quarter. UMB Bank n.a. now owns 169 shares of the aerospace company's stock worth $60,000 after purchasing an additional 64 shares during the period. Finally, Morse Asset Management Inc purchased a new position in Curtiss-Wright during the third quarter valued at $69,000. Institutional investors own 82.71% of the company's stock.

Insider Activity

In other news, VP George P. Mcdonald sold 148 shares of the company's stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of $325.41, for a total transaction of $48,160.68. Following the completion of the sale, the vice president now owns 1,899 shares of the company's stock, valued at $617,953.59. This represents a 7.23 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP John C. Watts sold 622 shares of the stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $347.05, for a total transaction of $215,865.10. Following the completion of the transaction, the vice president now owns 5,072 shares in the company, valued at $1,760,237.60. This trade represents a 10.92 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders purchased 116 shares of company stock valued at $35,278 and sold 21,797 shares valued at $7,436,255. 0.67% of the stock is owned by corporate insiders.

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Analyst Ratings Changes

A number of research firms have recently weighed in on CW. Truist Financial upped their target price on shares of Curtiss-Wright from $333.00 to $357.00 and gave the stock a "hold" rating in a research report on Tuesday, January 14th. Deutsche Bank Aktiengesellschaft began coverage on shares of Curtiss-Wright in a report on Thursday, December 5th. They set a "buy" rating and a $452.00 target price for the company. Finally, Citigroup assumed coverage on Curtiss-Wright in a research report on Tuesday, January 21st. They set a "buy" rating and a $410.00 price objective for the company. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $386.86.

Curtiss-Wright Stock Up 3.5 %

Shares of CW traded up $11.25 on Monday, hitting $336.56. 172,318 shares of the stock traded hands, compared to its average volume of 250,223. The company has a market capitalization of $12.67 billion, a PE ratio of 31.90, a P/E/G ratio of 2.48 and a beta of 1.15. Curtiss-Wright Co. has a one year low of $246.43 and a one year high of $393.40. 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 simple moving average of $336.99 and a 200 day simple moving average of $346.08.

Curtiss-Wright (NYSE:CW - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The aerospace company reported $3.27 earnings per share (EPS) 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%. As a group, equities analysts forecast that Curtiss-Wright Co. will post 12.32 earnings per share for the current fiscal year.

Curtiss-Wright Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Thursday, March 27th will be paid a $0.21 dividend. The ex-dividend date is Thursday, March 27th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.25%. Curtiss-Wright's dividend payout ratio is presently 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.