Curtiss-Wright Co. (NYSE:CW) Shares Sold by Texas Permanent School Fund Corp

Texas Permanent School Fund Corp reduced its stake in Curtiss-Wright Co. (NYSE:CWFree Report) by 3.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 32,532 shares of the aerospace company’s stock after selling 1,228 shares during the period. Texas Permanent School Fund Corp owned approximately 0.09% of Curtiss-Wright worth $6,364,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of CW. Cetera Advisor Networks LLC increased its stake in shares of Curtiss-Wright by 7.7% during the second quarter. Cetera Advisor Networks LLC now owns 3,523 shares of the aerospace company’s stock worth $647,000 after buying an additional 251 shares during the period. Los Angeles Capital Management LLC increased its stake in shares of Curtiss-Wright by 729.1% during the third quarter. Los Angeles Capital Management LLC now owns 20,428 shares of the aerospace company’s stock worth $3,996,000 after buying an additional 17,964 shares during the period. Silvercrest Asset Management Group LLC increased its stake in shares of Curtiss-Wright by 9.0% during the second quarter. Silvercrest Asset Management Group LLC now owns 498,321 shares of the aerospace company’s stock worth $91,522,000 after buying an additional 40,964 shares during the period. Burney Co. increased its stake in shares of Curtiss-Wright by 14.9% during the third quarter. Burney Co. now owns 26,516 shares of the aerospace company’s stock worth $5,187,000 after buying an additional 3,437 shares during the period. Finally, Legacy Wealth Asset Management LLC increased its stake in shares of Curtiss-Wright by 13.1% during the third quarter. Legacy Wealth Asset Management LLC now owns 4,550 shares of the aerospace company’s stock worth $890,000 after buying an additional 527 shares during the period. 80.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on CW. Stifel Nicolaus upped their target price on shares of Curtiss-Wright from $243.00 to $244.00 and gave the stock a “buy” rating in a research note on Tuesday, January 23rd. Truist Financial upped their price target on Curtiss-Wright from $225.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, December 14th. Finally, StockNews.com raised Curtiss-Wright from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 15th. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Curtiss-Wright currently has an average rating of “Buy” and an average price target of $237.75.

View Our Latest Analysis on CW

Curtiss-Wright Price Performance

CW stock opened at $228.82 on Monday. The company has a market capitalization of $8.75 billion, a P/E ratio of 25.68 and a beta of 1.18. Curtiss-Wright Co. has a twelve month low of $157.72 and a twelve month high of $228.93. The business has a 50 day simple moving average of $221.29 and a 200-day simple moving average of $209.79. The company has a current ratio of 1.99, a quick ratio of 1.30 and a debt-to-equity ratio of 0.48.

Curtiss-Wright Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Stockholders of record on Thursday, March 28th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.35%. The ex-dividend date is Wednesday, March 27th. Curtiss-Wright’s payout ratio is currently 8.98%.

Curtiss-Wright Company Profile

(Free Report)

Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services to the aerospace, defense, general industrial, and power generation markets worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power.

Further Reading

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Institutional Ownership by Quarter for Curtiss-Wright (NYSE:CW)

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