Aptus Capital Advisors LLC Raises Position in Curtiss-Wright Co. (NYSE:CW)

Aptus Capital Advisors LLC lifted its position in shares of Curtiss-Wright Co. (NYSE:CW - Free Report) by 22.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,105 shares of the aerospace company's stock after acquiring an additional 4,966 shares during the period. Aptus Capital Advisors LLC owned approximately 0.07% of Curtiss-Wright worth $9,619,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Wilmington Savings Fund Society FSB purchased a new position in Curtiss-Wright in the third quarter worth about $53,000. Tidal Investments LLC grew its holdings in Curtiss-Wright by 2.6% during the third quarter. Tidal Investments LLC now owns 1,159 shares of the aerospace company's stock valued at $381,000 after purchasing an additional 29 shares during the period. Franklin Resources Inc. raised its stake in shares of Curtiss-Wright by 7.3% in the third 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 during the period. B. Riley Wealth Advisors Inc. purchased a new position in shares of Curtiss-Wright during the 3rd quarter valued at about $230,000. Finally, JPMorgan Chase & Co. grew its stake in shares of Curtiss-Wright by 9.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 119,142 shares of the aerospace company's stock valued at $39,161,000 after acquiring an additional 10,642 shares during the period. 82.71% of the stock is owned by institutional investors.

Insider Buying and Selling at Curtiss-Wright

In other news, CEO Lynn M. Bamford sold 8,289 shares of the stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $346.87, for a total transaction of $2,875,205.43. Following the transaction, the chief executive officer now owns 38,905 shares of the company's stock, valued at approximately $13,494,977.35. This represents a 17.56 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP George P. Mcdonald sold 148 shares of the stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $325.41, for a total transaction of $48,160.68. Following the transaction, the vice president now owns 1,899 shares in the company, valued at approximately $617,953.59. The trade was a 7.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 26,577 shares of company stock valued at $9,109,255 in the last quarter. 0.55% of the stock is owned by insiders.

Analysts Set New Price Targets

CW has been the topic of several analyst reports. Citigroup lowered their price target on shares of Curtiss-Wright from $450.00 to $424.00 and set a "buy" rating on the stock in a report on Thursday, April 10th. Stifel Nicolaus dropped their target price on shares of Curtiss-Wright from $331.00 to $309.00 and set a "hold" rating for the company in a report on Monday, April 14th. Finally, Truist Financial decreased their price target on Curtiss-Wright from $357.00 to $338.00 and set a "hold" rating on the stock in a report on Thursday, April 17th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $377.43.

Curtiss-Wright Trading Up 1.2 %

NYSE CW traded up $4.34 during trading hours on Tuesday, hitting $364.27. 245,551 shares of the company were exchanged, compared to its average volume of 265,235. Curtiss-Wright Co. has a 52 week low of $258.85 and a 52 week high of $393.40. The company has a quick ratio of 1.19, a current ratio of 1.69 and a debt-to-equity ratio of 0.39. The stock has a 50-day moving average price of $322.96 and a 200 day moving average price of $344.84. The stock has a market cap of $13.72 billion, a PE ratio of 34.53, a price-to-earnings-growth ratio of 2.48 and a beta of 1.03.

Curtiss-Wright (NYSE:CW - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The aerospace company reported $3.27 earnings per share 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%. Analysts forecast that Curtiss-Wright Co. will post 12.32 earnings per share for the current fiscal year.

Curtiss-Wright Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 14th. Investors of record on Thursday, March 27th were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 0.23%. The ex-dividend date was Thursday, March 27th. Curtiss-Wright's payout ratio is currently 7.96%.

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.