Oakworth Capital Inc. Purchases 89 Shares of Curtiss-Wright Co. (NYSE:CW)

Oakworth Capital Inc. grew its position in Curtiss-Wright Co. (NYSE:CW) by 21.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 513 shares of the aerospace company’s stock after purchasing an additional 89 shares during the period. Oakworth Capital Inc.’s holdings in Curtiss-Wright were worth $182,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in CW. YANKCOM Partnership bought a new position in Curtiss-Wright in the 4th quarter valued at $31,000. Tsfg LLC boosted its holdings in shares of Curtiss-Wright by 191.4% in the 3rd quarter. Tsfg LLC now owns 102 shares of the aerospace company’s stock worth $34,000 after buying an additional 67 shares during the last quarter. UMB Bank n.a. grew its position in Curtiss-Wright by 303.8% during the third quarter. UMB Bank n.a. now owns 105 shares of the aerospace company’s stock valued at $35,000 after buying an additional 79 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in Curtiss-Wright during the third quarter worth about $53,000. Finally, Brooklyn Investment Group purchased a new stake in Curtiss-Wright during the third quarter worth about $59,000. 82.71% of the stock is owned by institutional investors.

Curtiss-Wright Stock Performance

NYSE:CW opened at $350.33 on Friday. The business’s fifty day moving average is $360.28 and its 200 day moving average is $338.68. The firm has a market cap of $13.29 billion, a price-to-earnings ratio of 33.14, a PEG ratio of 2.47 and a beta of 1.19. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 1.98. Curtiss-Wright Co. has a 52-week low of $224.18 and a 52-week high of $393.40.

Curtiss-Wright Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Thursday, March 27th will be issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.24%. The ex-dividend date of this dividend is Thursday, March 27th. Curtiss-Wright’s payout ratio is 7.95%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft started coverage on shares of Curtiss-Wright in a research report on Thursday, December 5th. They set a “buy” rating and a $452.00 target price for the company. Truist Financial increased their price objective on Curtiss-Wright from $333.00 to $357.00 and gave the company a “hold” rating in a report on Tuesday, January 14th. Citigroup started coverage on Curtiss-Wright in a research note on Tuesday, January 21st. They issued a “buy” rating and a $410.00 target price on the stock. Stifel Nicolaus downgraded Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 price target for the company. in a research note on Monday, November 18th. Finally, Alembic Global Advisors began coverage on Curtiss-Wright in a research note on Tuesday, October 29th. They issued an “overweight” rating and a $412.00 price objective on the stock. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $386.86.

Insider Activity

In related news, VP John C. Watts sold 622 shares of Curtiss-Wright stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $347.05, for a total transaction of $215,865.10. Following the completion of the sale, the vice president now owns 5,072 shares of the company’s stock, valued at approximately $1,760,237.60. This trade represents a 10.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Lynn M. Bamford sold 8,289 shares of the business’s stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $346.87, for a total value of $2,875,205.43. Following the transaction, the chief executive officer now directly owns 38,905 shares of the company’s stock, valued at $13,494,977.35. The trade was a 17.56 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders bought 116 shares of company stock worth $35,278 and sold 23,064 shares worth $8,157,322. 0.67% of the stock is owned by company insiders.

Curtiss-Wright Company 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.