Curtiss-Wright Co. (NYSE:CW) Shares Sold by Cadinha & Co. LLC

Cadinha & Co. LLC lowered its position in Curtiss-Wright Co. (NYSE:CW) by 0.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 69,041 shares of the aerospace company’s stock after selling 241 shares during the quarter. Curtiss-Wright accounts for 4.1% of Cadinha & Co. LLC’s investment portfolio, making the stock its 9th biggest position. Cadinha & Co. LLC owned 0.18% of Curtiss-Wright worth $24,501,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in CW. Tsfg LLC lifted its stake in shares of Curtiss-Wright by 191.4% in the 3rd quarter. Tsfg LLC now owns 102 shares of the aerospace company’s stock valued at $34,000 after purchasing an additional 67 shares in the last quarter. UMB Bank n.a. lifted its position in Curtiss-Wright by 303.8% during the third quarter. UMB Bank n.a. now owns 105 shares of the aerospace company’s stock valued at $35,000 after buying an additional 79 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Curtiss-Wright during the third quarter worth approximately $53,000. Brooklyn Investment Group purchased a new stake in Curtiss-Wright during the third quarter worth approximately $59,000. Finally, Quarry LP increased its position in shares of Curtiss-Wright by 176.9% in the second quarter. Quarry LP now owns 252 shares of the aerospace company’s stock worth $68,000 after acquiring an additional 161 shares in the last quarter. Hedge funds and other institutional investors own 82.71% of the company’s stock.

Analyst Upgrades and Downgrades

CW has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Curtiss-Wright in a report on Thursday, December 5th. They set a “buy” rating and a $452.00 target price on the stock. Truist Financial upped their target price 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 downgraded Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 target price on the stock. in a report on Monday, November 18th. 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 target on the stock. Finally, Morgan Stanley increased their price objective on shares of Curtiss-Wright from $334.00 to $395.00 and gave the company an “overweight” rating in a research report on Tuesday, November 5th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Curtiss-Wright has a consensus rating of “Moderate Buy” and a consensus price target of $383.00.

Insider Buying and Selling

In other news, CEO Lynn M. Bamford sold 7,129 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $368.80, for a total value of $2,629,175.20. Following the completion of the sale, the chief executive officer now directly owns 28,688 shares in the company, valued at approximately $10,580,134.40. The trade was a 19.90 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP John C. Watts sold 412 shares of the company’s stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $359.55, for a total value of $148,134.60. Following the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders purchased 116 shares of company stock worth $35,278. Insiders own 0.55% of the company’s stock.

Curtiss-Wright Trading Up 0.3 %

Shares of CW opened at $366.88 on Friday. Curtiss-Wright Co. has a one year low of $220.90 and a one year high of $393.40. The stock has a 50-day moving average price of $363.91 and a 200 day moving average price of $331.30. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 1.98. The company has a market capitalization of $13.92 billion, a P/E ratio of 34.71, a P/E/G ratio of 2.51 and a beta of 1.19.

Curtiss-Wright Announces Dividend

The business also recently declared 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 dividend on an annualized basis and a dividend yield of 0.23%. The ex-dividend date of this dividend was Friday, November 22nd. Curtiss-Wright’s payout ratio is currently 7.95%.

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.