Running Oak Capital LLC Has $15.05 Million Position in Curtiss-Wright Co. (NYSE:CW)

Running Oak Capital LLC grew its holdings in Curtiss-Wright Co. (NYSE:CW) by 1.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 42,401 shares of the aerospace company’s stock after acquiring an additional 448 shares during the quarter. Curtiss-Wright accounts for 2.0% of Running Oak Capital LLC’s portfolio, making the stock its 7th largest holding. Running Oak Capital LLC owned approximately 0.11% of Curtiss-Wright worth $15,047,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Linden Thomas Advisory Services LLC raised its stake in shares of Curtiss-Wright by 2.8% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 4,213 shares of the aerospace company’s stock valued at $1,495,000 after purchasing an additional 113 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of Curtiss-Wright by 50.6% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,865 shares of the aerospace company’s stock valued at $1,017,000 after purchasing an additional 962 shares in the last quarter. Exchange Traded Concepts LLC raised its stake in shares of Curtiss-Wright by 2.4% in the fourth quarter. Exchange Traded Concepts LLC now owns 2,542 shares of the aerospace company’s stock valued at $902,000 after purchasing an additional 60 shares in the last quarter. Inspire Investing LLC raised its stake in shares of Curtiss-Wright by 28.0% in the fourth quarter. Inspire Investing LLC now owns 10,084 shares of the aerospace company’s stock valued at $3,579,000 after purchasing an additional 2,207 shares in the last quarter. Finally, Mutual Advisors LLC raised its stake in Curtiss-Wright by 8.4% during the fourth quarter. Mutual Advisors LLC now owns 1,061 shares of the aerospace company’s stock worth $388,000 after acquiring an additional 82 shares in the last quarter. 82.71% of the stock is owned by institutional investors.

Curtiss-Wright Trading Down 0.1 %

NYSE:CW opened at $383.75 on Friday. The business’s 50-day simple moving average is $364.27 and its 200-day simple moving average is $334.62. 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 fifty-two week low of $220.90 and a fifty-two week high of $393.40. The stock has a market capitalization of $14.56 billion, a PE ratio of 36.31, a price-to-earnings-growth ratio of 2.73 and a beta of 1.19.

Curtiss-Wright Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 3rd. Shareholders of record on Friday, November 22nd were given a $0.21 dividend. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.84 annualized dividend and a yield of 0.22%. Curtiss-Wright’s dividend payout ratio is currently 7.95%.

Insider Activity

In related news, CEO Lynn M. Bamford sold 7,129 shares of the business’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $368.80, for a total transaction of $2,629,175.20. Following the sale, the chief executive officer now directly owns 28,688 shares in the company, valued at approximately $10,580,134.40. The trade was a 19.90 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP John C. Watts sold 412 shares of the business’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $359.55, for a total value of $148,134.60. Following the sale, the vice president now owns 4,183 shares in the company, valued at approximately $1,503,997.65. The trade was a 8.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have bought 116 shares of company stock valued at $35,278 in the last 90 days. Insiders own 0.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on CW shares. Citigroup started coverage on Curtiss-Wright in a research note on Tuesday. They set a “buy” rating and a $410.00 price objective for the company. Truist Financial increased their price objective on Curtiss-Wright from $333.00 to $357.00 and gave the stock a “hold” rating in a research note on Tuesday, January 14th. Deutsche Bank Aktiengesellschaft started coverage on Curtiss-Wright in a research note on Thursday, December 5th. They set a “buy” rating and a $452.00 price objective for the company. Stifel Nicolaus lowered 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. Finally, Alembic Global Advisors initiated coverage on Curtiss-Wright in a research note on Tuesday, October 29th. They set an “overweight” rating and a $412.00 price objective for the company. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $386.86.

Curtiss-Wright Company Profile

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.