Swiss Life Asset Management Ltd Acquires 769 Shares of Curtiss-Wright Corporation $CW

Swiss Life Asset Management Ltd raised its holdings in Curtiss-Wright Corporation (NYSE:CW) by 43.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,519 shares of the aerospace company’s stock after buying an additional 769 shares during the period. Swiss Life Asset Management Ltd’s holdings in Curtiss-Wright were worth $1,389,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Atlantic Union Bankshares Corp bought a new position in shares of Curtiss-Wright during the 3rd quarter worth approximately $26,000. Larson Financial Group LLC boosted its stake in shares of Curtiss-Wright by 53.8% during the 3rd quarter. Larson Financial Group LLC now owns 60 shares of the aerospace company’s stock worth $33,000 after acquiring an additional 21 shares during the period. First Horizon Corp bought a new position in shares of Curtiss-Wright during the 3rd quarter worth approximately $34,000. Sunbelt Securities Inc. bought a new position in shares of Curtiss-Wright during the 3rd quarter worth approximately $43,000. Finally, V Square Quantitative Management LLC bought a new position in shares of Curtiss-Wright during the 4th quarter worth approximately $45,000. 82.71% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on CW shares. Stifel Nicolaus set a $724.00 target price on shares of Curtiss-Wright in a research note on Friday, May 8th. Morgan Stanley restated an “overweight” rating and set a $760.00 target price on shares of Curtiss-Wright in a research note on Friday, February 13th. Weiss Ratings restated a “buy (b)” rating on shares of Curtiss-Wright in a research note on Wednesday. Citigroup raised their target price on shares of Curtiss-Wright from $718.00 to $728.00 and gave the stock a “neutral” rating in a research note on Thursday, April 2nd. Finally, Robert W. Baird set a $870.00 target price on Curtiss-Wright in a research note on Friday, May 8th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $738.83.

Insiders Place Their Bets

In related news, COO Kevin Rayment sold 907 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $677.38, for a total value of $614,383.66. Following the completion of the sale, the chief operating officer directly owned 31,493 shares in the company, valued at approximately $21,332,728.34. The trade was a 2.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Lynn M. Bamford sold 3,225 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $676.70, for a total value of $2,182,357.50. Following the completion of the sale, the chief executive officer owned 50,634 shares of the company’s stock, valued at approximately $34,264,027.80. This trade represents a 5.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 5,961 shares of company stock valued at $4,039,279 in the last quarter. Company insiders own 0.51% of the company’s stock.

Curtiss-Wright Trading Down 4.7%

CW stock opened at $715.22 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.05 and a current ratio of 1.52. The company’s 50-day simple moving average is $706.58 and its 200 day simple moving average is $641.80. Curtiss-Wright Corporation has a 52 week low of $405.43 and a 52 week high of $760.72. The company has a market capitalization of $26.42 billion, a PE ratio of 52.40, a price-to-earnings-growth ratio of 3.48 and a beta of 0.86.

Curtiss-Wright (NYSE:CW) last released its quarterly earnings results on Wednesday, May 6th. The aerospace company reported $3.48 EPS for the quarter, beating the consensus estimate of $3.32 by $0.16. Curtiss-Wright had a net margin of 14.17% and a return on equity of 20.00%. The business had revenue of $913.69 million for the quarter, compared to the consensus estimate of $863.83 million. During the same period in the prior year, the company posted $2.82 earnings per share. Curtiss-Wright’s revenue was up 13.4% compared to the same quarter last year. Curtiss-Wright has set its FY 2026 guidance at 14.900-15.300 EPS. As a group, sell-side analysts anticipate that Curtiss-Wright Corporation will post 15.15 earnings per share for the current year.

Curtiss-Wright Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 6th. Investors of record on Monday, June 15th will be paid a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Monday, June 15th. Curtiss-Wright’s payout ratio is 7.03%.

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.