Curtiss-Wright Corporation (NYSE:CW – Get Free Report) EVP John Watts sold 652 shares of Curtiss-Wright stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $625.57, for a total transaction of $407,871.64. Following the completion of the sale, the executive vice president owned 3,890 shares in the company, valued at approximately $2,433,467.30. This trade represents a 14.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Curtiss-Wright Price Performance
Shares of CW traded down $4.85 during mid-day trading on Thursday, hitting $620.08. 308,509 shares of the company were exchanged, compared to its average volume of 234,963. The stock has a market cap of $22.87 billion, a price-to-earnings ratio of 50.54, a price-to-earnings-growth ratio of 3.08 and a beta of 0.93. Curtiss-Wright Corporation has a 1-year low of $266.88 and a 1-year high of $683.09. The company has a 50 day moving average of $593.39 and a 200-day moving average of $548.30. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.17 and a current ratio of 1.75.
Curtiss-Wright (NYSE:CW – Get Free Report) last posted its quarterly earnings data on Thursday, November 6th. The aerospace company reported $3.40 EPS for the quarter, topping the consensus estimate of $3.28 by $0.12. Curtiss-Wright had a return on equity of 18.82% and a net margin of 13.78%.The company had revenue of $869.00 million during the quarter, compared to analyst estimates of $869.03 million. During the same period in the previous year, the business earned $2.89 EPS. Curtiss-Wright’s quarterly revenue was up 8.8% on a year-over-year basis. Analysts expect that Curtiss-Wright Corporation will post 12.32 EPS for the current fiscal year.
Curtiss-Wright Announces Dividend
Institutional Trading of Curtiss-Wright
Several institutional investors have recently made changes to their positions in the company. Edmond DE Rothschild Holding S.A. raised its position in Curtiss-Wright by 108.0% in the second quarter. Edmond DE Rothschild Holding S.A. now owns 2,336 shares of the aerospace company’s stock valued at $1,141,000 after purchasing an additional 1,213 shares during the period. Inscription Capital LLC raised its holdings in Curtiss-Wright by 248.3% in the 3rd quarter. Inscription Capital LLC now owns 2,553 shares of the aerospace company’s stock valued at $1,386,000 after buying an additional 1,820 shares during the period. Creative Planning lifted its position in Curtiss-Wright by 30.4% in the second quarter. Creative Planning now owns 5,572 shares of the aerospace company’s stock valued at $2,722,000 after buying an additional 1,300 shares during the last quarter. Baird Financial Group Inc. lifted its position in Curtiss-Wright by 914.7% in the second quarter. Baird Financial Group Inc. now owns 20,679 shares of the aerospace company’s stock valued at $10,103,000 after buying an additional 18,641 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. boosted its stake in Curtiss-Wright by 17.8% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 5,759 shares of the aerospace company’s stock worth $3,127,000 after buying an additional 870 shares during the period. Hedge funds and other institutional investors own 82.71% of the company’s stock.
Analyst Ratings Changes
CW has been the subject of a number of research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Curtiss-Wright in a report on Monday, December 22nd. Citigroup boosted their price target on shares of Curtiss-Wright from $607.00 to $661.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Morgan Stanley reiterated an “overweight” rating and issued a $660.00 price objective on shares of Curtiss-Wright in a report on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $625.00 target price on shares of Curtiss-Wright in a report on Wednesday, October 8th. Finally, Truist Financial set a $603.00 price target on Curtiss-Wright in a report on Friday, January 9th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $612.33.
Read Our Latest Stock Report on CW
Key Stories Impacting Curtiss-Wright
Here are the key news stories impacting Curtiss-Wright this week:
- Positive Sentiment: Zacks previews next week’s earnings and notes Wall Street expects earnings growth for Curtiss‑Wright, which raises the likelihood of an earnings beat that could support the share price. Curtiss‑Wright (CW) Reports Next Week: Wall Street Expects Earnings Growth
- Neutral Sentiment: The Board declared a quarterly dividend of $0.24 per share (payable April 13, record March 26). The payout is shareholder‑friendly but small (≈0.2% yield), so it’s unlikely to materially change valuation on its own. Curtiss‑Wright Declares Dividend of $0.24 Per Share for Common Stock
- Negative Sentiment: Multiple senior executives sold significant amounts of CW this week — CEO Lynn Bamford (~9,327 shares, ~$5.8M), CFO K. Christopher Farkas (~2,665 shares), COO Kevin Rayment (~2,634 shares) and several VPs also sold smaller lots. Combined insider disposals total roughly $10M+ and represent double‑digit % reductions for several officers, which markets often view as a negative signal about near‑term insider conviction. See SEC Form 4 filings for details. SEC Form 4 (Lynn M. Bamford)
About Curtiss-Wright
Curtiss-Wright Corporation (NYSE: CW) is a diversified, global engineering company that designs, manufactures and services highly engineered products and integrated systems for the aerospace, defense, and industrial markets. Its offerings span a range of electromechanical, motion control and flow control technologies, including flight control and actuation systems, sensors and avionics components, pumps and valves, power conversion and heat exchangers, and platform integration solutions for marine and ground systems.
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