Fort Washington Investment Advisors Inc. OH Sells 19,320 Shares of Curtiss-Wright Co. (NYSE:CW)

Fort Washington Investment Advisors Inc. OH decreased its position in shares of Curtiss-Wright Co. (NYSE:CW) by 32.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,096 shares of the aerospace company’s stock after selling 19,320 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned 0.11% of Curtiss-Wright worth $14,584,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Geode Capital Management LLC increased its stake in Curtiss-Wright by 3.9% in the third 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 during the last quarter. Congress Asset Management Co. boosted its holdings in shares of Curtiss-Wright by 136.8% in the 3rd quarter. Congress Asset Management Co. now owns 459,074 shares of the aerospace company’s stock valued at $150,893,000 after purchasing an additional 265,205 shares in the last quarter. International Assets Investment Management LLC increased its stake in shares of Curtiss-Wright by 32,425.8% in the 3rd quarter. International Assets Investment Management LLC now owns 404,946 shares of the aerospace company’s stock valued at $133,102,000 after purchasing an additional 403,701 shares during the last quarter. Franklin Resources Inc. raised its holdings in shares of Curtiss-Wright by 7.3% during the 3rd 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 in the last quarter. Finally, Van ECK Associates Corp boosted its stake in Curtiss-Wright by 29.0% in the third quarter. Van ECK Associates Corp now owns 253,726 shares of the aerospace company’s stock valued at $88,847,000 after buying an additional 56,966 shares in the last quarter. 82.71% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Stifel Nicolaus cut shares of Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 target price for the company. in a report on Monday, November 18th. Citigroup started coverage on shares of Curtiss-Wright in a research report on Tuesday. They issued a “buy” rating and a $410.00 target price on the stock. Morgan Stanley increased their price target on Curtiss-Wright from $334.00 to $395.00 and gave the company an “overweight” rating in a research note on Tuesday, November 5th. Alembic Global Advisors assumed coverage on Curtiss-Wright in a research report on Tuesday, October 29th. They set an “overweight” rating and a $412.00 price objective on the stock. Finally, Truist Financial increased their target price on Curtiss-Wright from $333.00 to $357.00 and gave the company a “hold” rating in a research report on Tuesday, January 14th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $386.86.

Curtiss-Wright Price Performance

Curtiss-Wright stock opened at $382.37 on Thursday. The firm has a market cap of $14.51 billion, a P/E ratio of 36.18, a P/E/G ratio of 2.63 and a beta of 1.19. The stock’s 50 day moving average is $363.31 and its 200 day moving average is $333.50. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.98 and a quick ratio of 1.39. Curtiss-Wright Co. has a one year low of $220.90 and a one year high of $393.40.

Curtiss-Wright Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 3rd. Stockholders of record on Friday, November 22nd were given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 0.22%. The ex-dividend date of this dividend was Friday, November 22nd. Curtiss-Wright’s dividend payout ratio (DPR) is presently 7.95%.

Insider Buying and Selling

In other Curtiss-Wright news, VP John C. Watts sold 412 shares of the stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $359.55, for a total transaction of $148,134.60. Following the transaction, the vice president now directly owns 4,183 shares in the company, valued at approximately $1,503,997.65. This represents a 8.97 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Lynn M. Bamford sold 7,129 shares of Curtiss-Wright stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $368.80, for a total transaction of $2,629,175.20. Following the completion of the sale, the chief executive officer now owns 28,688 shares of the company’s stock, valued at $10,580,134.40. This represents a 19.90 % decrease in their position. The disclosure for this sale can be found here. Insiders bought 116 shares of company stock valued at $35,278 over the last quarter. Insiders own 0.55% of the company’s stock.

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.