Curtiss-Wright (NYSE:CW) VP Gary Ogilby Sells 435 Shares

Curtiss-Wright Corporation (NYSE:CW) VP Gary Ogilby sold 435 shares of the stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $626.56, for a total transaction of $272,553.60. Following the transaction, the vice president owned 3,196 shares in the company, valued at approximately $2,002,485.76. The trade was a 11.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Curtiss-Wright Stock Down 0.8%

Shares of CW traded down $4.85 during mid-day trading on Thursday, hitting $620.08. The company’s stock had a trading volume of 308,509 shares, compared to its average volume of 234,963. The company’s 50-day moving average is $593.39 and its 200-day moving average is $548.30. The company has a current ratio of 1.75, a quick ratio of 1.17 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $22.87 billion, a price-to-earnings ratio of 50.54, a PEG ratio of 3.08 and a beta of 0.93. Curtiss-Wright Corporation has a 52-week low of $266.88 and a 52-week high of $683.09.

Curtiss-Wright (NYSE:CW) last released its quarterly earnings results 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 firm 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 company posted $2.89 EPS. The business’s revenue for the quarter was up 8.8% compared to the same quarter last year. On average, equities research analysts forecast that Curtiss-Wright Corporation will post 12.32 EPS for the current fiscal year.

Curtiss-Wright Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 13th. Investors of record on Thursday, March 26th will be given a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Thursday, March 26th. Curtiss-Wright’s dividend payout ratio (DPR) is presently 7.82%.

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)

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Stifel Nicolaus set a $625.00 price objective on shares of Curtiss-Wright in a research note on Friday, January 23rd. Morgan Stanley restated an “overweight” rating and set a $660.00 target price on shares of Curtiss-Wright in a research report on Tuesday, December 16th. Wall Street Zen raised Curtiss-Wright from a “hold” rating to a “buy” rating in a research report on Saturday, January 10th. Truist Financial set a $603.00 price objective on Curtiss-Wright in a research note on Friday, January 9th. Finally, Citigroup upped their target price on Curtiss-Wright from $607.00 to $661.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Curtiss-Wright has a consensus rating of “Moderate Buy” and a consensus price target of $612.33.

Hedge Funds Weigh In On Curtiss-Wright

Hedge funds have recently modified their holdings of the business. State Street Corp lifted its position in Curtiss-Wright by 1.2% in the third quarter. State Street Corp now owns 1,436,161 shares of the aerospace company’s stock valued at $780,091,000 after buying an additional 16,962 shares during the last quarter. TD Asset Management Inc increased its position in shares of Curtiss-Wright by 0.3% during the third quarter. TD Asset Management Inc now owns 791,531 shares of the aerospace company’s stock valued at $429,754,000 after acquiring an additional 2,153 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Curtiss-Wright by 5.4% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 768,260 shares of the aerospace company’s stock valued at $423,519,000 after acquiring an additional 39,515 shares during the period. Van ECK Associates Corp raised its stake in shares of Curtiss-Wright by 5.3% in the 3rd quarter. Van ECK Associates Corp now owns 740,033 shares of the aerospace company’s stock valued at $401,794,000 after acquiring an additional 37,069 shares during the period. Finally, Norges Bank acquired a new position in shares of Curtiss-Wright in the 2nd quarter worth approximately $241,537,000. 82.71% of the stock is currently owned by hedge funds and other institutional investors.

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.