XTX Topco Ltd Has $973,000 Position in Curtiss-Wright Co. (NYSE:CW)

XTX Topco Ltd lessened its holdings in shares of Curtiss-Wright Co. (NYSE:CW) by 62.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,741 shares of the aerospace company’s stock after selling 4,582 shares during the period. XTX Topco Ltd’s holdings in Curtiss-Wright were worth $973,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. YANKCOM Partnership acquired a new position in Curtiss-Wright during the fourth quarter valued at approximately $31,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Curtiss-Wright in the 3rd quarter valued at $53,000. UMB Bank n.a. raised its stake in Curtiss-Wright by 61.0% during the 4th quarter. UMB Bank n.a. now owns 169 shares of the aerospace company’s stock worth $60,000 after buying an additional 64 shares during the period. Morse Asset Management Inc acquired a new position in Curtiss-Wright in the third quarter valued at about $69,000. Finally, Smartleaf Asset Management LLC increased its holdings in shares of Curtiss-Wright by 85.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 228 shares of the aerospace company’s stock worth $82,000 after acquiring an additional 105 shares in the last quarter. Institutional investors own 82.71% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on CW shares. Citigroup decreased their price objective on Curtiss-Wright from $450.00 to $424.00 and set a “buy” rating for the company in a research report on Thursday, April 10th. Stifel Nicolaus lowered their price objective 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. Finally, Truist Financial upped their target price on shares of Curtiss-Wright from $333.00 to $357.00 and gave the stock a “hold” rating in a research note on Tuesday, January 14th. Two 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.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $380.14.

Insiders Place Their Bets

In other Curtiss-Wright news, insider Paul J. Ferdenzi sold 1,907 shares of the business’s stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $346.98, for a total transaction of $661,690.86. Following the transaction, the insider now owns 18,405 shares of the company’s stock, valued at $6,386,166.90. The trade was a 9.39 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO K Christopher Farkas sold 2,453 shares of the firm’s stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $347.00, for a total value of $851,191.00. Following the completion of the sale, the chief financial officer now directly owns 12,712 shares of the company’s stock, valued at approximately $4,411,064. The trade was a 16.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 21,797 shares of company stock valued at $7,436,255. 0.67% of the stock is currently owned by corporate insiders.

Curtiss-Wright Stock Up 0.9 %

Shares of CW stock opened at $320.64 on Wednesday. The firm’s fifty day moving average price is $320.92 and its two-hundred day moving average price is $345.62. Curtiss-Wright Co. has a 1 year low of $246.43 and a 1 year high of $393.40. The company has a current ratio of 1.69, a quick ratio of 1.19 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $12.08 billion, a P/E ratio of 30.39, a PEG ratio of 2.48 and a beta of 1.03.

Curtiss-Wright (NYSE:CW) last released its earnings results on Wednesday, February 12th. The aerospace company reported $3.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.12 by $0.15. Curtiss-Wright had a return on equity of 17.11% and a net margin of 12.98%. On average, equities analysts predict that Curtiss-Wright Co. will post 12.32 EPS for the current fiscal year.

Curtiss-Wright Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 14th. Investors of record on Thursday, March 27th were issued a dividend of $0.21 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.84 dividend on an annualized basis and a yield of 0.26%. Curtiss-Wright’s payout ratio is 7.96%.

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.