Curtiss-Wright Co. (NYSE:CW) Holdings Lifted by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Curtiss-Wright Co. (NYSE:CW - Free Report) by 39.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,374 shares of the aerospace company's stock after acquiring an additional 3,522 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank's holdings in Curtiss-Wright were worth $4,391,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Geode Capital Management LLC lifted its holdings in shares of Curtiss-Wright by 3.9% during the 3rd quarter. Geode Capital Management LLC now owns 731,848 shares of the aerospace company's stock valued at $240,606,000 after acquiring an additional 27,607 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in Curtiss-Wright by 90.1% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 338,506 shares of the aerospace company's stock valued at $118,961,000 after purchasing an additional 160,395 shares during the period. Van ECK Associates Corp lifted its stake in shares of Curtiss-Wright by 31.3% during the fourth quarter. Van ECK Associates Corp now owns 333,088 shares of the aerospace company's stock worth $118,203,000 after purchasing an additional 79,362 shares in the last quarter. Franklin Resources Inc. boosted its position in shares of Curtiss-Wright by 7.3% in the third quarter. Franklin Resources Inc. now owns 332,047 shares of the aerospace company's stock worth $115,469,000 after buying an additional 22,543 shares during the period. Finally, Principal Financial Group Inc. grew its stake in shares of Curtiss-Wright by 170.2% in the fourth quarter. Principal Financial Group Inc. now owns 259,435 shares of the aerospace company's stock valued at $92,065,000 after buying an additional 163,433 shares in the last quarter. 82.71% of the stock is currently owned by hedge funds and other institutional investors.

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Insiders Place Their Bets

In related news, CFO K Christopher Farkas sold 2,453 shares of the firm's stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $347.00, for a total value of $851,191.00. Following the sale, the chief financial officer now owns 12,712 shares of the company's stock, valued at approximately $4,411,064. This trade represents a 16.18 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP John C. Watts sold 622 shares of the business's stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $347.05, for a total value of $215,865.10. Following the transaction, the vice president now owns 5,072 shares of the company's stock, valued at $1,760,237.60. This represents a 10.92 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have bought 116 shares of company stock valued at $35,278 and have sold 15,935 shares valued at $5,528,147. 0.67% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms recently commented on CW. Truist Financial boosted their price target on Curtiss-Wright from $333.00 to $357.00 and gave the stock a "hold" rating in a research report on Tuesday, January 14th. Stifel Nicolaus cut shares of Curtiss-Wright from a "buy" rating to a "hold" rating and set a $370.00 target price on the stock. in a research report on Monday, November 18th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Curtiss-Wright in a research note on Thursday, December 5th. They issued a "buy" rating and a $452.00 target price for the company. Finally, Citigroup initiated coverage on shares of Curtiss-Wright in a research note on Tuesday, January 21st. They set a "buy" rating and a $410.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $386.86.

Curtiss-Wright Stock Down 1.5 %

Shares of NYSE:CW traded down $5.08 during midday trading on Tuesday, reaching $323.81. The company had a trading volume of 324,932 shares, compared to its average volume of 250,042. The stock has a market capitalization of $12.19 billion, a P/E ratio of 30.69, a PEG ratio of 2.48 and a beta of 1.15. The stock's fifty day moving average price is $339.13 and its 200-day moving average price is $345.33. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.69 and a quick ratio of 1.19. Curtiss-Wright Co. has a one year low of $241.44 and a one year high of $393.40.

Curtiss-Wright (NYSE:CW - Get Free Report) last released its earnings results on Wednesday, February 12th. The aerospace company reported $3.27 earnings per share for the quarter, topping 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%. Equities research analysts expect that Curtiss-Wright Co. will post 12.32 earnings per share for the current fiscal year.

Curtiss-Wright Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Thursday, March 27th will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 0.26%. The ex-dividend date is Thursday, March 27th. Curtiss-Wright's payout ratio is currently 7.96%.

Curtiss-Wright Company 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.