Curtiss-Wright Co. (NYSE:CW) Shares Acquired by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. grew its position in Curtiss-Wright Co. (NYSE:CW) by 3.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,583 shares of the aerospace company’s stock after acquiring an additional 908 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Curtiss-Wright were worth $9,078,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of CW. YANKCOM Partnership acquired a new stake in shares of Curtiss-Wright during the fourth quarter worth $31,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Curtiss-Wright during the third quarter worth $53,000. UMB Bank n.a. lifted its holdings in shares of Curtiss-Wright by 61.0% during 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. Brooklyn Investment Group acquired a new stake in shares of Curtiss-Wright during the third quarter worth $59,000. Finally, Morse Asset Management Inc acquired a new stake in shares of Curtiss-Wright during the third quarter worth $69,000. 82.71% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Curtiss-Wright

In other news, insider Paul J. Ferdenzi sold 658 shares of Curtiss-Wright stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $325.68, for a total transaction of $214,297.44. Following the completion of the transaction, the insider now owns 19,239 shares of the company’s stock, valued at $6,265,757.52. The trade was a 3.31 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP George P. Mcdonald sold 148 shares of the business’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 transaction, the vice president now directly owns 1,899 shares of the company’s stock, valued at $617,953.59. The trade was a 7.23 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders bought 116 shares of company stock valued at $35,278 and sold 21,797 shares valued at $7,436,255. Corporate insiders own 0.67% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on CW shares. Truist Financial increased their price target on Curtiss-Wright from $333.00 to $357.00 and gave the stock a “hold” rating in a report on Tuesday, January 14th. Deutsche Bank Aktiengesellschaft began 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. Finally, Citigroup began coverage on Curtiss-Wright in a report on Tuesday, January 21st. They issued a “buy” rating and a $410.00 target price for the company. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $386.86.

Curtiss-Wright Price Performance

Curtiss-Wright stock opened at $327.14 on Friday. Curtiss-Wright Co. has a one year low of $245.69 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 fifty day moving average of $337.75 and a two-hundred day moving average of $345.16. The company has a market cap of $12.32 billion, a P/E ratio of 31.01, a price-to-earnings-growth ratio of 2.48 and a beta of 1.15.

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

Curtiss-Wright Announces Dividend

The company 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 dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 0.26%. The ex-dividend date of this dividend is Thursday, March 27th. Curtiss-Wright’s dividend payout ratio (DPR) is presently 7.96%.

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.