Eisler Capital Management Ltd. Makes New $14.29 Million Investment in Curtiss-Wright Co. (NYSE:CW)

Eisler Capital Management Ltd. acquired a new stake in Curtiss-Wright Co. (NYSE:CW - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 40,579 shares of the aerospace company's stock, valued at approximately $14,286,000. Curtiss-Wright makes up approximately 0.1% of Eisler Capital Management Ltd.'s portfolio, making the stock its 15th biggest position. Eisler Capital Management Ltd. owned 0.11% of Curtiss-Wright at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in Curtiss-Wright by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 3,634,028 shares of the aerospace company's stock worth $1,289,608,000 after purchasing an additional 15,890 shares in the last quarter. Invesco Ltd. grew its position in Curtiss-Wright by 6.4% in the 4th quarter. Invesco Ltd. now owns 1,417,445 shares of the aerospace company's stock valued at $503,009,000 after buying an additional 84,635 shares in the last quarter. TD Asset Management Inc. grew its position in Curtiss-Wright by 16.2% in the 4th quarter. TD Asset Management Inc. now owns 766,413 shares of the aerospace company's stock valued at $271,977,000 after buying an additional 107,115 shares in the last quarter. Geode Capital Management LLC grew its position in Curtiss-Wright by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 743,934 shares of the aerospace company's stock valued at $264,071,000 after buying an additional 12,086 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its stake in Curtiss-Wright by 1.2% during the fourth quarter. Alliancebernstein L.P. now owns 592,326 shares of the aerospace company's stock valued at $210,199,000 after buying an additional 6,971 shares in the last quarter. Institutional investors and hedge funds own 82.71% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on CW. Citigroup reduced their price objective on Curtiss-Wright from $450.00 to $424.00 and set a "buy" rating for the company in a research note on Thursday, April 10th. Stifel Nicolaus reduced their price objective on Curtiss-Wright from $331.00 to $309.00 and set a "hold" rating for the company in a research note on Monday, April 14th. Finally, Truist Financial reduced their price objective on 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 equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $377.43.

Curtiss-Wright Trading Up 1.6%

Curtiss-Wright stock traded up $6.21 during midday trading on Friday, reaching $384.24. The stock had a trading volume of 281,219 shares, compared to its average volume of 267,295. The firm's fifty day simple moving average is $326.48 and its two-hundred day simple moving average is $345.26. Curtiss-Wright Co. has a twelve month low of $258.85 and a twelve month high of $393.40. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.69 and a quick ratio of 1.19. The firm has a market cap of $14.47 billion, a price-to-earnings ratio of 36.42, a PEG ratio of 2.48 and a beta of 1.04.

Curtiss-Wright (NYSE:CW - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The aerospace company reported $2.82 EPS for the quarter, topping the consensus estimate of $2.39 by $0.43. The business had revenue of $805.65 million during the quarter, compared to analysts' expectations of $767.32 million. Curtiss-Wright had a net margin of 12.98% and a return on equity of 17.11%. The firm's quarterly revenue was up 13.0% compared to the same quarter last year. During the same period last year, the company posted $1.99 earnings per share. Equities analysts anticipate that Curtiss-Wright Co. will post 12.32 EPS for the current fiscal year.

Insider Buying and Selling

In other news, VP George P. Mcdonald sold 148 shares of Curtiss-Wright 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 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Paul J. Ferdenzi sold 658 shares of Curtiss-Wright stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of $325.68, for a total value of $214,297.44. Following the sale, the insider now owns 19,239 shares of the company's stock, valued at approximately $6,265,757.52. This represents a 3.31% decrease in their ownership of the stock. 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 owned by company insiders.

About Curtiss-Wright

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.