Whittier Trust Co. of Nevada Inc. Boosts Stock Position in Curtiss-Wright Co. (NYSE:CW)

Whittier Trust Co. of Nevada Inc. increased its position in shares of Curtiss-Wright Co. (NYSE:CW - Free Report) by 3.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 25,583 shares of the aerospace company's stock after buying an additional 908 shares during the quarter. Whittier Trust Co. of Nevada Inc. owned about 0.07% of Curtiss-Wright worth $9,078,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Atomi Financial Group Inc. bought a new position in shares of Curtiss-Wright in the 4th quarter worth $239,000. Truist Financial Corp raised its holdings in Curtiss-Wright by 6.2% during the fourth quarter. Truist Financial Corp now owns 14,230 shares of the aerospace company's stock worth $5,050,000 after buying an additional 825 shares during the last quarter. Athena Investment Management bought a new position in shares of Curtiss-Wright in the fourth quarter valued at $302,000. Oppenheimer & Co. Inc. acquired a new position in shares of Curtiss-Wright during the third quarter valued at about $542,000. Finally, 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 acquiring an additional 5,437 shares in the last quarter. Institutional investors own 82.71% of the company's stock.

Insider Buying and Selling at Curtiss-Wright

In related news, VP George P. Mcdonald sold 148 shares of the business's stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $325.41, for a total value of $48,160.68. Following 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 position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP John C. Watts sold 622 shares of the company's stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of $347.05, for a total transaction of $215,865.10. Following the sale, the vice president now directly owns 5,072 shares in the company, valued at approximately $1,760,237.60. This trade represents a 10.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have purchased 116 shares of company stock worth $35,278 and have sold 21,797 shares worth $7,436,255. Corporate insiders own 0.67% of the company's stock.

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Curtiss-Wright Stock Performance

Shares of CW stock traded up $3.45 during trading on Tuesday, hitting $339.69. The company's stock had a trading volume of 177,418 shares, compared to its average volume of 250,210. The business has a fifty day moving average of $336.99 and a 200-day moving average of $346.08. The company has a market cap of $12.79 billion, a PE ratio of 32.20, a P/E/G ratio of 2.48 and a beta of 1.15. Curtiss-Wright Co. has a 52 week low of $246.43 and a 52 week high of $393.40. 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 announced its 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 return on equity of 17.11% and a net margin of 12.98%. As a group, research analysts anticipate that Curtiss-Wright Co. will post 12.32 earnings per share for the current year.

Curtiss-Wright Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Thursday, March 27th will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.25%. The ex-dividend date of this dividend is Thursday, March 27th. Curtiss-Wright's dividend payout ratio is 7.96%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on CW shares. Truist Financial raised their price target on shares of Curtiss-Wright from $333.00 to $357.00 and gave the company a "hold" rating in a research report on Tuesday, January 14th. Citigroup initiated coverage on Curtiss-Wright in a report on Tuesday, January 21st. They issued a "buy" rating and a $410.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Curtiss-Wright in a report on Thursday, December 5th. They set a "buy" rating and a $452.00 price target for the company. Two analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $386.86.

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.