Seizert Capital Partners LLC Decreases Holdings in Curtiss-Wright Co. (NYSE:CW)

Seizert Capital Partners LLC lowered its position in Curtiss-Wright Co. (NYSE:CW) by 12.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 100,159 shares of the aerospace company’s stock after selling 14,055 shares during the period. Seizert Capital Partners LLC owned approximately 0.26% of Curtiss-Wright worth $32,921,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of CW. Assenagon Asset Management S.A. purchased a new stake in shares of Curtiss-Wright in the second quarter valued at about $41,383,000. Cetera Advisors LLC lifted its stake in Curtiss-Wright by 178.7% in the 1st quarter. Cetera Advisors LLC now owns 3,974 shares of the aerospace company’s stock valued at $1,017,000 after buying an additional 2,548 shares in the last quarter. Vanguard Group Inc. grew its holdings in Curtiss-Wright by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 3,657,854 shares of the aerospace company’s stock valued at $936,191,000 after buying an additional 18,939 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its position in Curtiss-Wright by 30,079.2% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 302,396 shares of the aerospace company’s stock worth $81,943,000 after buying an additional 301,394 shares in the last quarter. Finally, Magnetar Financial LLC acquired a new position in shares of Curtiss-Wright in the second quarter worth $3,025,000. 82.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently commented on CW shares. Robert W. Baird increased their price objective on Curtiss-Wright from $300.00 to $312.00 and gave the company an “outperform” rating in a research note on Friday, August 9th. Alembic Global Advisors initiated coverage on shares of Curtiss-Wright in a research note on Tuesday, October 29th. They set an “overweight” rating and a $412.00 price target on the stock. Truist Financial lifted their price target on shares of Curtiss-Wright from $304.00 to $333.00 and gave the stock a “hold” rating in a report on Friday, November 1st. Stifel Nicolaus upped their price objective on shares of Curtiss-Wright from $318.00 to $361.00 and gave the company a “buy” rating in a research note on Wednesday, October 16th. Finally, StockNews.com cut shares of Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a research note on Monday, September 23rd. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $362.60.

Insider Buying and Selling at Curtiss-Wright

In other news, VP John C. Watts sold 412 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $359.55, for a total value of $148,134.60. Following the transaction, the vice president now directly owns 4,183 shares in the company, valued at $1,503,997.65. This trade represents a 8.97 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.67% of the stock is owned by company insiders.

Curtiss-Wright Trading Down 0.8 %

NYSE CW opened at $358.35 on Friday. The company has a 50-day moving average of $342.77 and a 200-day moving average of $303.72. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.98 and a quick ratio of 1.39. Curtiss-Wright Co. has a 12 month low of $209.01 and a 12 month high of $393.40. The company has a market cap of $13.60 billion, a P/E ratio of 33.90 and a beta of 1.17.

Curtiss-Wright Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 3rd. Shareholders of record on Friday, November 22nd will be paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 0.23%. The ex-dividend date of this dividend is Friday, November 22nd. Curtiss-Wright’s dividend payout ratio is currently 7.95%.

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.