American Century Companies Inc. Has $155.17 Million Stock Holdings in Curtiss-Wright Co. (NYSE:CW)

American Century Companies Inc. cut its position in Curtiss-Wright Co. (NYSE:CW) by 20.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 437,256 shares of the aerospace company’s stock after selling 110,416 shares during the period. American Century Companies Inc. owned 1.15% of Curtiss-Wright worth $155,169,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Tidal Investments LLC lifted its position in Curtiss-Wright by 2.6% in the 3rd quarter. Tidal Investments LLC now owns 1,159 shares of the aerospace company’s stock valued at $381,000 after acquiring an additional 29 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in Curtiss-Wright by 0.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 3,319 shares of the aerospace company’s stock valued at $1,178,000 after acquiring an additional 29 shares in the last quarter. Harbour Investments Inc. lifted its position in Curtiss-Wright by 10.6% in the 4th quarter. Harbour Investments Inc. now owns 312 shares of the aerospace company’s stock valued at $111,000 after acquiring an additional 30 shares in the last quarter. Cornerstone Investment Partners LLC lifted its position in Curtiss-Wright by 3.6% in the 4th quarter. Cornerstone Investment Partners LLC now owns 918 shares of the aerospace company’s stock valued at $326,000 after acquiring an additional 32 shares in the last quarter. Finally, Aaron Wealth Advisors LLC lifted its position in Curtiss-Wright by 5.0% in the 4th quarter. Aaron Wealth Advisors LLC now owns 774 shares of the aerospace company’s stock valued at $275,000 after acquiring an additional 37 shares in the last quarter. 82.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Curtiss-Wright

In other news, VP John C. Watts sold 622 shares of the business’s stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $347.05, for a total transaction of $215,865.10. Following the completion of the transaction, the vice president now directly owns 5,072 shares in the company, valued at $1,760,237.60. The trade was a 10.92 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP George P. Mcdonald sold 148 shares of the company’s stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of $325.41, for a total transaction of $48,160.68. Following the completion of the transaction, the vice president now owns 1,899 shares of the company’s stock, valued at $617,953.59. This trade represents a 7.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders acquired 116 shares of company stock worth $35,278 and sold 21,797 shares worth $7,436,255. 0.67% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on CW. Citigroup began coverage on shares of Curtiss-Wright in a research report on Tuesday, January 21st. They issued a “buy” rating and a $410.00 price target on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Curtiss-Wright in a research report on Thursday, December 5th. They issued a “buy” rating and a $452.00 price target on the stock. Finally, Truist Financial lifted their target price on shares of Curtiss-Wright from $333.00 to $357.00 and gave the stock a “hold” rating in a research report 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’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $386.86.

Curtiss-Wright Trading Down 0.6 %

NYSE:CW opened at $325.62 on Friday. 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 stock has a market capitalization of $12.26 billion, a PE ratio of 30.86, a price-to-earnings-growth ratio of 2.48 and a beta of 1.15. The firm’s 50 day moving average is $337.26 and its 200 day moving average is $345.53. Curtiss-Wright Co. has a 12 month low of $246.43 and a 12 month high of $393.40.

Curtiss-Wright (NYSE:CW) last posted its quarterly earnings results on Wednesday, February 12th. The aerospace company reported $3.27 EPS for the quarter, topping analysts’ consensus estimates of $3.12 by $0.15. Curtiss-Wright had a net margin of 12.98% and a return on equity of 17.11%. Sell-side analysts expect that Curtiss-Wright Co. will post 12.32 earnings per share for the current year.

Curtiss-Wright Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Thursday, March 27th will be issued a $0.21 dividend. The ex-dividend date is Thursday, March 27th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.26%. Curtiss-Wright’s dividend payout ratio (DPR) is presently 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.