Brown Advisory Inc. Sells 69,261 Shares of Curtiss-Wright Co. (NYSE:CW)

Brown Advisory Inc. cut its stake in Curtiss-Wright Co. (NYSE:CW - Free Report) by 15.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 385,199 shares of the aerospace company's stock after selling 69,261 shares during the period. Brown Advisory Inc. owned approximately 1.02% of Curtiss-Wright worth $136,696,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in CW. Wilmington Savings Fund Society FSB bought a new stake in Curtiss-Wright during the 3rd quarter worth about $53,000. Tidal Investments LLC grew its stake in Curtiss-Wright by 2.6% in 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 in the last quarter. Franklin Resources Inc. increased its position 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 purchasing an additional 22,543 shares during the last quarter. B. Riley Wealth Advisors Inc. bought a new stake in shares of Curtiss-Wright during the 3rd quarter worth approximately $230,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Curtiss-Wright by 9.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 119,142 shares of the aerospace company's stock valued at $39,161,000 after buying an additional 10,642 shares during the last quarter. Institutional investors own 82.71% of the company's stock.

Curtiss-Wright Stock Performance

Shares of CW stock traded down $0.29 on Wednesday, hitting $363.00. The company's stock had a trading volume of 307,315 shares, compared to its average volume of 265,328. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.19 and a current ratio of 1.69. The company has a market capitalization of $13.67 billion, a PE ratio of 34.41, a PEG ratio of 2.48 and a beta of 1.04. Curtiss-Wright Co. has a fifty-two week low of $258.85 and a fifty-two week high of $393.40. The stock's 50 day moving average is $323.77 and its 200-day moving average is $344.97.

Curtiss-Wright (NYSE:CW - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The aerospace company reported $2.82 EPS for the quarter, topping analysts' consensus estimates of $2.39 by $0.43. Curtiss-Wright had a return on equity of 17.11% and a net margin of 12.98%. During the same quarter last year, the firm posted $1.99 EPS. The business's quarterly revenue was up 13.0% compared to the same quarter last year. Equities research analysts expect that Curtiss-Wright Co. will post 12.32 earnings per share for the current fiscal year.

Insider Buying and Selling at Curtiss-Wright

In other Curtiss-Wright news, VP George P. Mcdonald sold 148 shares of the company's stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $325.41, for a total value of $48,160.68. Following the sale, 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO K Christopher Farkas sold 4,780 shares of the firm's stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $350.00, for a total value of $1,673,000.00. Following the sale, the chief financial officer now directly owns 9,253 shares of the company's stock, valued at $3,238,550. This represents a 34.06 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 10,642 shares of company stock worth $3,581,107. 0.55% of the stock is currently owned by insiders.

Analysts Set New Price Targets

CW has been the topic of several analyst reports. 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. Citigroup lowered their price objective on shares of Curtiss-Wright from $450.00 to $424.00 and set a "buy" rating on the stock in a research note on Thursday, April 10th. Finally, Truist Financial cut their target price on shares of Curtiss-Wright from $357.00 to $338.00 and set a "hold" rating for the company in a research note on Thursday, April 17th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $377.43.

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.