Corient Private Wealth LLC Has $3.47 Million Stock Holdings in Curtiss-Wright Co. (NYSE:CW)

Corient Private Wealth LLC cut its holdings in Curtiss-Wright Co. (NYSE:CW) by 2.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 9,765 shares of the aerospace company’s stock after selling 220 shares during the quarter. Corient Private Wealth LLC’s holdings in Curtiss-Wright were worth $3,465,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of CW. Pathstone Holdings LLC grew its position in shares of Curtiss-Wright by 1.0% in the 3rd quarter. Pathstone Holdings LLC now owns 4,388 shares of the aerospace company’s stock valued at $1,442,000 after purchasing an additional 45 shares during the period. Caprock Group LLC grew its position in shares of Curtiss-Wright by 13.4% in the 3rd quarter. Caprock Group LLC now owns 890 shares of the aerospace company’s stock valued at $293,000 after purchasing an additional 105 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its position in shares of Curtiss-Wright by 854.1% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 16,973 shares of the aerospace company’s stock valued at $5,578,000 after purchasing an additional 15,194 shares during the period. Integrated Investment Consultants LLC acquired a new position in shares of Curtiss-Wright in the 3rd quarter valued at approximately $379,000. Finally, Eagle Asset Management Inc. grew its position in shares of Curtiss-Wright by 3.0% in the 3rd quarter. Eagle Asset Management Inc. now owns 26,011 shares of the aerospace company’s stock valued at $8,550,000 after purchasing an additional 754 shares during the period. 82.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Paul J. Ferdenzi sold 1,907 shares of the stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $346.98, for a total value of $661,690.86. Following the sale, the insider now owns 18,405 shares in the company, valued at approximately $6,386,166.90. This represents a 9.39 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Lynn M. Bamford sold 8,289 shares of the stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $346.87, for a total value of $2,875,205.43. Following the completion of the sale, the chief executive officer now owns 38,905 shares in the company, valued at approximately $13,494,977.35. This trade represents a 17.56 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, 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 currently owned by insiders.

Curtiss-Wright Trading Down 0.6 %

NYSE CW opened at $325.62 on Friday. The company has a market cap of $12.26 billion, a PE ratio of 30.86, a PEG ratio of 2.48 and a beta of 1.15. 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 Co. has a 12 month low of $246.43 and a 12 month high of $393.40. The stock has a 50 day moving average of $337.26 and a 200-day moving average of $345.53.

Curtiss-Wright (NYSE:CW) last released its quarterly earnings data on Wednesday, February 12th. The aerospace company reported $3.27 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%. On average, equities research analysts anticipate that Curtiss-Wright Co. will post 12.32 EPS for the current fiscal year.

Curtiss-Wright Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Thursday, March 27th will be issued a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.26%. The ex-dividend date is Thursday, March 27th. Curtiss-Wright’s payout ratio is presently 7.96%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Truist Financial upped 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. Citigroup assumed coverage on Curtiss-Wright in a research report on Tuesday, January 21st. They set a “buy” rating and a $410.00 price target for the company. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Curtiss-Wright in a research report on Thursday, December 5th. They set a “buy” rating and a $452.00 price target for the company. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $386.86.

About Curtiss-Wright

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.