Charles Schwab Investment Management Inc. Has $78.60 Million Stock Position in Curtiss-Wright Co. (NYSE:CW)

Charles Schwab Investment Management Inc. lessened its holdings in Curtiss-Wright Co. (NYSE:CW) by 0.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 239,129 shares of the aerospace company’s stock after selling 1,828 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.63% of Curtiss-Wright worth $78,599,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Integrated Investment Consultants LLC bought a new stake in shares of Curtiss-Wright during the 3rd quarter worth $379,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its stake in Curtiss-Wright by 854.1% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 16,973 shares of the aerospace company’s stock worth $5,578,000 after acquiring an additional 15,194 shares in the last quarter. Caprock Group LLC lifted its holdings in shares of Curtiss-Wright by 13.4% in the third quarter. Caprock Group LLC now owns 890 shares of the aerospace company’s stock worth $293,000 after acquiring an additional 105 shares during the last quarter. Pathstone Holdings LLC boosted its stake in shares of Curtiss-Wright by 1.0% in the 3rd quarter. Pathstone Holdings LLC now owns 4,388 shares of the aerospace company’s stock valued at $1,442,000 after purchasing an additional 45 shares in the last quarter. Finally, Lindenwold Advisors INC increased its position in Curtiss-Wright by 2.4% during the 3rd quarter. Lindenwold Advisors INC now owns 2,892 shares of the aerospace company’s stock worth $951,000 after purchasing an additional 67 shares in the last quarter. Institutional investors and hedge funds own 82.71% of the company’s stock.

Insider Activity

In other news, VP John C. Watts sold 412 shares of the business’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 of the company’s stock, valued at $1,503,997.65. The trade was a 8.97 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.55% of the company’s stock.

Curtiss-Wright Trading Down 1.1 %

Shares of CW stock opened at $371.11 on Thursday. Curtiss-Wright Co. has a 1-year low of $209.01 and a 1-year high of $393.40. The company has a current ratio of 1.98, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39. The stock has a market cap of $14.08 billion, a price-to-earnings ratio of 35.19 and a beta of 1.17. The stock has a 50-day moving average of $351.26 and a 200-day moving average of $308.63.

Curtiss-Wright Announces Dividend

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

Analysts Set New Price Targets

CW has been the topic of a number of research analyst reports. Alembic Global Advisors started coverage on shares of Curtiss-Wright in a research report on Tuesday, October 29th. They issued an “overweight” rating and a $412.00 target price on the stock. Robert W. Baird boosted their price objective on Curtiss-Wright from $300.00 to $312.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. Morgan Stanley upped their target price on Curtiss-Wright from $334.00 to $395.00 and gave the stock an “overweight” rating in a report on Tuesday, November 5th. Truist Financial lifted their price target on Curtiss-Wright from $304.00 to $333.00 and gave the company a “hold” rating in a research note on Friday, November 1st. Finally, Stifel Nicolaus downgraded Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 price objective for the company. in a research note on Monday, November 18th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $364.40.

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.