ABN AMRO Bank N.V. Buys 2,550 Shares of Curtiss-Wright Corporation $CW

ABN AMRO Bank N.V. boosted its position in shares of Curtiss-Wright Corporation (NYSE:CW) by 57.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,018 shares of the aerospace company’s stock after buying an additional 2,550 shares during the quarter. ABN AMRO Bank N.V.’s holdings in Curtiss-Wright were worth $3,906,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of CW. Atlantic Union Bankshares Corp acquired a new position in shares of Curtiss-Wright during the third quarter valued at $26,000. Larson Financial Group LLC lifted its position in Curtiss-Wright by 53.8% during the 3rd quarter. Larson Financial Group LLC now owns 60 shares of the aerospace company’s stock valued at $33,000 after purchasing an additional 21 shares during the period. First Horizon Corp bought a new position in shares of Curtiss-Wright in the 3rd quarter valued at about $34,000. Sunbelt Securities Inc. acquired a new stake in shares of Curtiss-Wright during the 3rd quarter worth approximately $43,000. Finally, V Square Quantitative Management LLC acquired a new stake in shares of Curtiss-Wright during the 4th quarter worth approximately $45,000. 82.71% of the stock is currently owned by institutional investors.

Curtiss-Wright Trading Down 0.0%

NYSE:CW opened at $729.04 on Tuesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.52 and a quick ratio of 1.05. The business’s 50-day simple moving average is $704.31 and its 200-day simple moving average is $637.26. Curtiss-Wright Corporation has a fifty-two week low of $370.50 and a fifty-two week high of $750.00. The stock has a market capitalization of $26.93 billion, a PE ratio of 53.41, a price-to-earnings-growth ratio of 3.45 and a beta of 0.86.

Curtiss-Wright (NYSE:CW) last announced its 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. Curtiss-Wright had a net margin of 14.17% and a return on equity of 20.00%. The firm had revenue of $913.69 million for the quarter, compared to the consensus estimate of $863.83 million. During the same period last year, the company posted $2.82 EPS. The business’s quarterly revenue was up 13.4% on a year-over-year basis. Curtiss-Wright has set its FY 2026 guidance at 14.900-15.300 EPS. Sell-side analysts expect that Curtiss-Wright Corporation will post 15.08 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

CW has been the topic of several analyst reports. Stifel Nicolaus set a $724.00 price objective on shares of Curtiss-Wright in a report on Friday. Citigroup upped their target price on shares of Curtiss-Wright from $718.00 to $728.00 and gave the company a “neutral” rating in a research report on Thursday, April 2nd. Morgan Stanley restated an “overweight” rating and issued a $760.00 price target on shares of Curtiss-Wright in a research report on Friday, February 13th. Robert W. Baird set a $870.00 price objective on Curtiss-Wright in a report on Friday. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $748.00 target price on shares of Curtiss-Wright in a research report on Tuesday, February 17th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Curtiss-Wright currently has an average rating of “Moderate Buy” and a consensus target price of $738.83.

Insiders Place Their Bets

In other news, CEO Lynn M. Bamford sold 3,225 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $676.70, for a total transaction of $2,182,357.50. Following the sale, the chief executive officer owned 50,634 shares in the company, valued at $34,264,027.80. This represents a 5.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP John C. Watts sold 220 shares of the stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $678.11, for a total value of $149,184.20. Following the completion of the sale, the executive vice president directly owned 4,182 shares of the company’s stock, valued at approximately $2,835,856.02. The trade was a 5.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 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 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.