Running Oak Capital LLC Has $17.53 Million Stock Position in Curtiss-Wright Corporation $CW

Key Points

• Running Oak Capital trimmed its position in Curtiss‑Wright by 12.7% in Q4, selling 4,613 shares and leaving 31,794 shares worth about $17.53 million (its 3rd largest holding).
• Despite that sale, institutional ownership is high (82.71%) and several large funds boosted or initiated positions recently — including Massachusetts Financial Services, Munro Partners (~$78M), AQR, Freestone Grove and Vaughan Nelson — signaling strong institutional interest.
• Curtiss‑Wright posted a quarterly EPS beat ($3.79 vs. $3.66) and 14.9% revenue growth, trades near its 1‑year high (opened $726.20), carries a P/E of 56.4, and carries a consensus analyst rating of "Moderate Buy" with a $664.83 target; the company also declared a $0.24 quarterly dividend (0.1% yield).

Running Oak Capital LLC trimmed its stake in Curtiss-Wright Corporation (NYSE:CW - Free Report) by 12.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,794 shares of the aerospace company's stock after selling 4,613 shares during the period. Curtiss-Wright accounts for 2.2% of Running Oak Capital LLC's portfolio, making the stock its 3rd largest position. Running Oak Capital LLC owned 0.09% of Curtiss-Wright worth $17,527,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in CW. Massachusetts Financial Services Co. MA raised its position in shares of Curtiss-Wright by 31.5% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 728,745 shares of the aerospace company's stock worth $395,665,000 after acquiring an additional 174,592 shares in the last quarter. Munro Partners bought a new position in shares of Curtiss-Wright in the 2nd quarter worth $78,000,000. AQR Capital Management LLC raised its position in shares of Curtiss-Wright by 45.8% in the 2nd quarter. AQR Capital Management LLC now owns 388,493 shares of the aerospace company's stock worth $189,468,000 after acquiring an additional 122,048 shares in the last quarter. Freestone Grove Partners LP bought a new position in shares of Curtiss-Wright in the 3rd quarter worth $62,320,000. Finally, Vaughan Nelson Investment Management L.P. bought a new position in shares of Curtiss-Wright in the 4th quarter worth $51,089,000. 82.71% of the stock is owned by institutional investors.

Insider Buying and Selling at Curtiss-Wright

In other news, VP George P. Mcdonald sold 151 shares of the company's stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $678.07, for a total value of $102,388.57. Following the sale, the vice president owned 4,210 shares in the company, valued at $2,854,674.70. This represents a 3.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Robert F. Freda sold 140 shares of the company's stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $678.61, for a total value of $95,005.40. Following the completion of the sale, the vice president owned 5,343 shares in the company, valued at $3,625,813.23. The trade was a 2.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 22,717 shares of company stock worth $14,533,791. 0.51% of the stock is owned by corporate insiders.

Curtiss-Wright Stock Up 0.1%

Shares of CW stock opened at $726.20 on Monday. Curtiss-Wright Corporation has a 1-year low of $305.85 and a 1-year high of $739.99. The stock's fifty day moving average price is $685.23 and its 200 day moving average price is $613.30. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.44 and a quick ratio of 1.00. The company has a market cap of $26.80 billion, a price-to-earnings ratio of 56.43, a price-to-earnings-growth ratio of 3.45 and a beta of 0.91.

Curtiss-Wright (NYSE:CW - Get Free Report) last announced its earnings results on Wednesday, February 11th. The aerospace company reported $3.79 earnings per share for the quarter, topping the consensus estimate of $3.66 by $0.13. The firm had revenue of $946.98 million for the quarter, compared to the consensus estimate of $890.14 million. Curtiss-Wright had a return on equity of 19.28% and a net margin of 13.84%.The firm's revenue for the quarter was up 14.9% on a year-over-year basis. During the same period in the previous year, the business earned $3.27 EPS. On average, research analysts expect that Curtiss-Wright Corporation will post 12.32 earnings per share for the current fiscal year.

Curtiss-Wright Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, April 13th. Shareholders of record on Thursday, March 26th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 0.1%. The ex-dividend date is Thursday, March 26th. Curtiss-Wright's payout ratio is presently 7.46%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Weiss Ratings restated a "buy (b)" rating on shares of Curtiss-Wright in a research note on Monday, December 22nd. Morgan Stanley restated an "overweight" rating and set a $760.00 target price on shares of Curtiss-Wright in a research note on Friday, February 13th. Truist Financial set a $603.00 target price on Curtiss-Wright in a research note on Friday, January 9th. Citigroup boosted their target price on Curtiss-Wright from $718.00 to $728.00 and gave the stock a "neutral" rating in a research note on Thursday, April 2nd. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $748.00 target price on shares of Curtiss-Wright in a research note on Tuesday, February 17th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $664.83.

About Curtiss-Wright

Curtiss-Wright Corporation NYSE: CW is a diversified, global engineering company that designs, manufactures and services highly engineered products and integrated systems for the aerospace, defense, and industrial markets. Its offerings span a range of electromechanical, motion control and flow control technologies, including flight control and actuation systems, sensors and avionics components, pumps and valves, power conversion and heat exchangers, and platform integration solutions for marine and ground systems.

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