Captrust Financial Advisors Sells 776 Shares of Curtiss-Wright Co. (NYSE:CW)

Captrust Financial Advisors decreased its position in Curtiss-Wright Co. (NYSE:CW - Free Report) by 2.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,121 shares of the aerospace company's stock after selling 776 shares during the period. Captrust Financial Advisors owned 0.07% of Curtiss-Wright worth $9,979,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of CW. Atomi Financial Group Inc. acquired a new stake in Curtiss-Wright during the 4th quarter valued at approximately $239,000. Truist Financial Corp increased its stake in Curtiss-Wright by 6.2% in the fourth quarter. Truist Financial Corp now owns 14,230 shares of the aerospace company's stock valued at $5,050,000 after purchasing an additional 825 shares during the last quarter. Athena Investment Management purchased a new position in Curtiss-Wright in the 4th quarter valued at $302,000. Daiwa Securities Group Inc. raised its stake in shares of Curtiss-Wright by 1,694.7% during the 4th quarter. Daiwa Securities Group Inc. now owns 11,863 shares of the aerospace company's stock worth $4,210,000 after buying an additional 11,202 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in Curtiss-Wright by 28.9% in the 4th quarter. JPMorgan Chase & Co. now owns 153,631 shares of the aerospace company's stock valued at $54,519,000 after buying an additional 34,489 shares during the period. 82.71% of the stock is owned by institutional investors.

Insider Activity

In other Curtiss-Wright news, VP George P. Mcdonald sold 148 shares of the business's stock in a transaction that occurred on Tuesday, March 18th. The shares were sold at an average price of $325.41, for a total transaction of $48,160.68. Following the completion of the sale, the vice president now directly owns 1,899 shares in the company, valued at $617,953.59. The trade was a 7.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Paul J. Ferdenzi sold 658 shares of the stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of $325.68, for a total transaction of $214,297.44. Following the completion of the transaction, the insider now owns 19,239 shares of the company's stock, valued at $6,265,757.52. This represents a 3.31% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 10,642 shares of company stock worth $3,581,107. Corporate insiders own 0.55% of the company's stock.

Curtiss-Wright Stock Performance

Shares of CW stock traded up $9.89 during mid-day trading on Tuesday, reaching $397.26. The stock had a trading volume of 103,502 shares, compared to its average volume of 266,905. The firm's 50 day simple moving average is $327.74 and its 200 day simple moving average is $345.55. The firm has a market cap of $14.96 billion, a PE ratio of 37.66, a P/E/G ratio of 2.48 and a beta of 1.04. Curtiss-Wright Co. has a one year low of $258.85 and a one year high of $398.02. The company has a quick ratio of 1.19, a current ratio of 1.69 and a debt-to-equity ratio of 0.39.

Curtiss-Wright (NYSE:CW - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The aerospace company reported $2.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.39 by $0.43. Curtiss-Wright had a net margin of 12.98% and a return on equity of 17.11%. The company had revenue of $805.65 million for the quarter, compared to analysts' expectations of $767.32 million. During the same quarter in the prior year, the firm earned $1.99 EPS. The business's revenue was up 13.0% on a year-over-year basis. On average, analysts forecast that Curtiss-Wright Co. will post 12.32 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on CW shares. Stifel Nicolaus lowered their price target on shares of Curtiss-Wright from $331.00 to $309.00 and set a "hold" rating for the company in a research report on Monday, April 14th. Truist Financial cut their target price on shares of Curtiss-Wright from $357.00 to $338.00 and set a "hold" rating on the stock in a research report on Thursday, April 17th. Finally, Citigroup cut their price objective on Curtiss-Wright from $450.00 to $424.00 and set a "buy" rating for the company in a report on Thursday, April 10th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average 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.