Curtiss-Wright Corporation (NYSE:CW – Get Free Report) CFO K Christopher Farkas sold 2,665 shares of the business’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $626.33, for a total value of $1,669,169.45. Following the sale, the chief financial officer owned 7,358 shares of the company’s stock, valued at approximately $4,608,536.14. The trade was a 26.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Curtiss-Wright Stock Down 0.8%
Shares of CW stock traded down $4.85 during trading on Thursday, reaching $620.08. The company’s stock had a trading volume of 308,509 shares, compared to its average volume of 234,963. Curtiss-Wright Corporation has a one year low of $266.88 and a one year high of $683.09. The company has a quick ratio of 1.17, a current ratio of 1.75 and a debt-to-equity ratio of 0.38. The company 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. The business has a fifty day moving average price of $593.39 and a 200-day moving average price of $548.30.
Curtiss-Wright (NYSE:CW – Get Free Report) last issued its quarterly earnings results on Thursday, November 6th. The aerospace company reported $3.40 EPS for the quarter, topping analysts’ consensus estimates of $3.28 by $0.12. The company had revenue of $869.00 million for the quarter, compared to analysts’ expectations of $869.03 million. Curtiss-Wright had a return on equity of 18.82% and a net margin of 13.78%.Curtiss-Wright’s revenue was up 8.8% on a year-over-year basis. During the same quarter last year, the business earned $2.89 earnings per share. Analysts anticipate that Curtiss-Wright Corporation will post 12.32 earnings per share for the current year.
Curtiss-Wright Announces Dividend
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in CW. Edmond DE Rothschild Holding S.A. raised its stake in shares of Curtiss-Wright by 108.0% in the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 2,336 shares of the aerospace company’s stock valued at $1,141,000 after acquiring an additional 1,213 shares in the last quarter. Inscription Capital LLC boosted its stake in Curtiss-Wright by 248.3% in the third quarter. Inscription Capital LLC now owns 2,553 shares of the aerospace company’s stock valued at $1,386,000 after acquiring an additional 1,820 shares during the last quarter. Creative Planning increased its position in shares of Curtiss-Wright by 30.4% in the 2nd 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 in the last quarter. Baird Financial Group Inc. increased its holdings in Curtiss-Wright by 914.7% during the 2nd quarter. Baird Financial Group Inc. now owns 20,679 shares of the aerospace company’s stock worth $10,103,000 after purchasing an additional 18,641 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. grew its holdings in shares of Curtiss-Wright by 17.8% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 5,759 shares of the aerospace company’s stock valued at $3,127,000 after acquiring an additional 870 shares in the last quarter. 82.71% of the stock is owned by institutional investors and hedge funds.
Curtiss-Wright News Roundup
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)
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on CW shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $625.00 price target on shares of Curtiss-Wright in a research report on Wednesday, October 8th. Truist Financial set a $603.00 price target on Curtiss-Wright in a research report on Friday, January 9th. Weiss Ratings reissued a “buy (b)” rating on shares of Curtiss-Wright in a report on Monday, December 22nd. Stifel Nicolaus set a $625.00 price objective on Curtiss-Wright in a research report on Friday, January 23rd. Finally, Citigroup raised their price target on shares of Curtiss-Wright from $607.00 to $661.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Curtiss-Wright currently has a consensus rating of “Moderate Buy” and a consensus price target of $612.33.
Check Out Our Latest Research Report on Curtiss-Wright
Curtiss-Wright Company 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.
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