Curtiss-Wright Corporation $CW Shares Sold by Truist Financial Corp

Truist Financial Corp lessened its position in Curtiss-Wright Corporation (NYSE:CW) by 9.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,482 shares of the aerospace company’s stock after selling 1,360 shares during the period. Truist Financial Corp’s holdings in Curtiss-Wright were worth $6,881,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Goldman Sachs Group Inc. increased its stake in Curtiss-Wright by 10.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 213,101 shares of the aerospace company’s stock valued at $67,611,000 after buying an additional 20,379 shares during the period. Sivia Capital Partners LLC acquired a new position in Curtiss-Wright during the 2nd quarter valued at about $235,000. Northwestern Mutual Wealth Management Co. increased its stake in Curtiss-Wright by 53.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 100 shares of the aerospace company’s stock valued at $49,000 after buying an additional 35 shares during the period. Marshall Wace LLP acquired a new position in Curtiss-Wright during the 2nd quarter valued at about $5,423,000. Finally, Cresset Asset Management LLC increased its stake in Curtiss-Wright by 46.4% during the 2nd quarter. Cresset Asset Management LLC now owns 1,442 shares of the aerospace company’s stock valued at $705,000 after buying an additional 457 shares during the period. Institutional investors and hedge funds own 82.71% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on CW shares. Citigroup raised their target price on shares of Curtiss-Wright from $718.00 to $728.00 and gave the company a “neutral” rating in a research note on Thursday, April 2nd. Wall Street Zen upgraded shares of Curtiss-Wright from a “hold” rating to a “buy” rating in a research report on Saturday, January 10th. Robert W. Baird set a $870.00 price objective on shares of Curtiss-Wright in a research report on Friday. Morgan Stanley restated an “overweight” rating and set a $760.00 price objective on shares of Curtiss-Wright in a research report on Friday, February 13th. Finally, Stifel Nicolaus set a $724.00 price objective on shares of Curtiss-Wright in a research report on Friday. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $738.83.

Curtiss-Wright Stock Performance

Shares of CW opened at $728.36 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.52 and a quick ratio of 1.00. The stock has a market cap of $26.88 billion, a price-to-earnings ratio of 53.36, a PEG ratio of 3.46 and a beta of 0.86. The company has a 50-day moving average of $703.16 and a two-hundred day moving average of $634.84. Curtiss-Wright Corporation has a one year low of $370.50 and a one year high of $750.00.

Curtiss-Wright (NYSE:CW) last posted its quarterly earnings results on Wednesday, May 6th. The aerospace company reported $3.48 EPS for the quarter, topping the consensus estimate of $3.32 by $0.16. The business had revenue of $913.69 million during the quarter, compared to analysts’ expectations of $863.83 million. Curtiss-Wright had a net margin of 14.17% and a return on equity of 20.00%. The firm’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same period last year, the company posted $2.82 earnings per share. Curtiss-Wright has set its FY 2026 guidance at 14.900-15.300 EPS. On average, equities research analysts expect that Curtiss-Wright Corporation will post 15.08 earnings per share for the current year.

Insider Buying and Selling at Curtiss-Wright

In related news, COO Kevin Rayment sold 907 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $677.38, for a total transaction 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. This trade represents a 2.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Lynn M. Bamford sold 3,225 shares of the firm’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 transaction of $2,182,357.50. Following the transaction, the chief executive officer directly owned 50,634 shares in the company, valued at approximately $34,264,027.80. The trade was a 5.99% decrease in their position. 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 90 days. Corporate insiders own 0.51% of the company’s stock.

Curtiss-Wright Profile

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.