AQR Capital Management LLC Has $75.29 Million Stock Holdings in Curtiss-Wright Co. (NYSE:CW)

AQR Capital Management LLC decreased its holdings in Curtiss-Wright Co. (NYSE:CW - Free Report) by 11.7% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 212,156 shares of the aerospace company's stock after selling 28,066 shares during the period. AQR Capital Management LLC owned approximately 0.56% of Curtiss-Wright worth $75,288,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CW. YANKCOM Partnership acquired a new stake in Curtiss-Wright during the 4th quarter valued at $31,000. Wilmington Savings Fund Society FSB acquired a new stake in Curtiss-Wright in the third quarter worth $53,000. UMB Bank n.a. increased its holdings in shares of Curtiss-Wright by 61.0% in the 4th quarter. UMB Bank n.a. now owns 169 shares of the aerospace company's stock worth $60,000 after acquiring an additional 64 shares during the period. Altshuler Shaham Ltd bought a new stake in shares of Curtiss-Wright during the fourth quarter valued at approximately $70,000. Finally, Morse Asset Management Inc bought a new position in Curtiss-Wright in the 3rd quarter worth approximately $69,000. 82.71% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CFO K Christopher Farkas sold 2,453 shares of the business's stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $347.00, for a total value of $851,191.00. Following the sale, the chief financial officer now owns 12,712 shares of the company's stock, valued at $4,411,064. The trade was a 16.18 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Paul J. Ferdenzi sold 1,907 shares of the stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $346.98, for a total value of $661,690.86. Following the transaction, the insider now owns 18,405 shares of the company's stock, valued at $6,386,166.90. This represents a 9.39 % 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 worth $9,109,255 in the last ninety days. Insiders own 0.55% of the company's stock.

Wall Street Analyst Weigh In

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

Curtiss-Wright Trading Down 0.3 %

Curtiss-Wright stock traded down $1.00 during midday trading on Tuesday, reaching $358.94. The stock had a trading volume of 33,518 shares, compared to its average volume of 264,176. The firm has a market cap of $13.52 billion, a price-to-earnings ratio of 34.07, a PEG ratio of 2.48 and a beta of 1.03. The firm's fifty day simple moving average is $321.98 and its two-hundred day simple moving average is $344.71. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.69 and a quick ratio of 1.19. Curtiss-Wright Co. has a twelve month low of $258.85 and a twelve month high of $393.40.

Curtiss-Wright (NYSE:CW - Get Free Report) last posted its 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%. Equities analysts anticipate that Curtiss-Wright Co. will post 12.32 EPS for the current fiscal year.

Curtiss-Wright Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 14th. Shareholders of record on Thursday, March 27th were issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 0.23%. The ex-dividend date of this dividend was Thursday, March 27th. Curtiss-Wright's dividend payout ratio (DPR) is presently 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.