Curtiss-Wright Co. (NYSE:CW) Shares Sold by Cetera Trust Company N.A
by Michael Walen · The Markets DailyCetera Trust Company N.A cut its holdings in Curtiss-Wright Co. (NYSE:CW – Free Report) by 5.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,445 shares of the aerospace company’s stock after selling 90 shares during the period. Cetera Trust Company N.A’s holdings in Curtiss-Wright were worth $513,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of the business. Tsfg LLC grew its holdings in shares of Curtiss-Wright by 191.4% during the third quarter. Tsfg LLC now owns 102 shares of the aerospace company’s stock valued at $34,000 after purchasing an additional 67 shares during the last quarter. UMB Bank n.a. raised its stake in shares of Curtiss-Wright by 303.8% in the 3rd quarter. UMB Bank n.a. now owns 105 shares of the aerospace company’s stock worth $35,000 after buying an additional 79 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Curtiss-Wright in the third quarter valued at $53,000. Brooklyn Investment Group bought a new position in Curtiss-Wright during the third quarter valued at about $59,000. Finally, Quarry LP grew its holdings in Curtiss-Wright by 176.9% during the second quarter. Quarry LP now owns 252 shares of the aerospace company’s stock worth $68,000 after acquiring an additional 161 shares during the period. Institutional investors own 82.71% of the company’s stock.
Curtiss-Wright Trading Up 4.6 %
NYSE CW opened at $383.63 on Wednesday. The firm’s fifty day simple moving average is $363.37 and its 200-day simple moving average is $333.16. The company has a current ratio of 1.98, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39. Curtiss-Wright Co. has a 1-year low of $220.90 and a 1-year high of $393.40. The company has a market capitalization of $14.56 billion, a PE ratio of 36.27, a price-to-earnings-growth ratio of 2.63 and a beta of 1.19.
Curtiss-Wright Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 3rd. Shareholders of record on Friday, November 22nd were issued a dividend of $0.21 per share. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.84 annualized dividend and a yield of 0.22%. Curtiss-Wright’s dividend payout ratio (DPR) is currently 7.95%.
Insiders Place Their Bets
In other news, VP John C. Watts sold 412 shares of Curtiss-Wright stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $359.55, for a total value 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. The trade was a 8.97 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Lynn M. Bamford sold 7,129 shares of the stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $368.80, for a total value of $2,629,175.20. Following the sale, the chief executive officer now owns 28,688 shares of the company’s stock, valued at approximately $10,580,134.40. The trade was a 19.90 % decrease in their position. The disclosure for this sale can be found here. Insiders purchased 116 shares of company stock valued at $35,278 over the last quarter. Insiders own 0.55% of the company’s stock.
Analyst Upgrades and Downgrades
CW has been the subject of several research reports. Stifel Nicolaus lowered shares of Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 price objective for the company. in a research report on Monday, November 18th. Truist Financial increased their price objective on Curtiss-Wright from $333.00 to $357.00 and gave the company a “hold” rating in a research report on Tuesday, January 14th. Deutsche Bank Aktiengesellschaft assumed coverage on Curtiss-Wright in a research note on Thursday, December 5th. They issued a “buy” rating and a $452.00 price target on the stock. Morgan Stanley boosted their price target on shares of Curtiss-Wright from $334.00 to $395.00 and gave the company an “overweight” rating in a report on Tuesday, November 5th. Finally, Alembic Global Advisors began coverage on shares of Curtiss-Wright in a research note on Tuesday, October 29th. They issued an “overweight” rating and a $412.00 price objective for the company. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Curtiss-Wright presently has an average rating of “Moderate Buy” and an average price target of $386.86.
Check Out Our Latest Stock Analysis on CW
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.
Further Reading
- Five stocks we like better than Curtiss-Wright
- How to Capture the Benefits of Dividend Increases
- Tempus AI: A Game-Changer in AI-Powered Healthcare
- The How And Why of Investing in Oil Stocks
- Pelosi Bets Big on AI: This Is What You Need to Know
- With Risk Tolerance, One Size Does Not Fit All
- Mobileye’s High Short Interest Signals Squeeze Potential
Want to see what other hedge funds are holding CW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Curtiss-Wright Co. (NYSE:CW – Free Report).