Insider Selling: Curtiss-Wright (NYSE:CW) CEO Sells 9,327 Shares of Stock

Curtiss-Wright Corporation (NYSE:CW) CEO Lynn Bamford sold 9,327 shares of the firm’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $626.45, for a total transaction of $5,842,899.15. Following the transaction, the chief executive officer directly owned 46,192 shares of the company’s stock, valued at $28,936,978.40. The trade was a 16.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Curtiss-Wright Price Performance

CW stock traded down $4.85 during mid-day trading on Thursday, hitting $620.08. The company had a trading volume of 308,509 shares, compared to its average volume of 234,963. The company has a 50-day moving average price of $593.39 and a 200 day moving average price of $548.30. Curtiss-Wright Corporation has a 12-month low of $266.88 and a 12-month high of $683.09. The company has a market capitalization of $22.87 billion, a price-to-earnings ratio of 50.54, a P/E/G ratio of 3.08 and a beta of 0.93. The company has a quick ratio of 1.17, a current ratio of 1.75 and a debt-to-equity ratio of 0.38.

Curtiss-Wright (NYSE:CW) last released its quarterly earnings results on Thursday, November 6th. The aerospace company reported $3.40 earnings per share for the quarter, beating the consensus estimate of $3.28 by $0.12. The company had revenue of $869.00 million for the quarter, compared to analyst estimates of $869.03 million. Curtiss-Wright had a return on equity of 18.82% and a net margin of 13.78%.Curtiss-Wright’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.89 EPS. On average, research analysts anticipate that Curtiss-Wright Corporation will post 12.32 earnings per share for the current year.

Curtiss-Wright Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 13th. Investors of record on Thursday, March 26th will be issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a 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%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Wall Street Zen raised shares of Curtiss-Wright from a “hold” rating to a “buy” rating in a report on Saturday, January 10th. Weiss Ratings reissued a “buy (b)” rating on shares of Curtiss-Wright in a report on Monday, December 22nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $625.00 target price on shares of Curtiss-Wright in a research report on Wednesday, October 8th. Citigroup upped their price objective on shares of Curtiss-Wright from $607.00 to $661.00 and gave the company a “neutral” rating in a report on Tuesday, January 13th. Finally, Truist Financial set a $603.00 price target on Curtiss-Wright in a research note on Friday, January 9th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $612.33.

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)

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. State Street Corp lifted its position in shares of Curtiss-Wright by 1.2% in the 3rd quarter. State Street Corp now owns 1,436,161 shares of the aerospace company’s stock worth $780,091,000 after buying an additional 16,962 shares during the last quarter. TD Asset Management Inc increased its position in Curtiss-Wright by 0.3% in the third quarter. TD Asset Management Inc now owns 791,531 shares of the aerospace company’s stock worth $429,754,000 after buying an additional 2,153 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in shares of Curtiss-Wright by 5.4% during the fourth 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 increased its stake in shares of Curtiss-Wright by 5.3% in the third quarter. Van ECK Associates Corp now owns 740,033 shares of the aerospace company’s stock valued at $401,794,000 after purchasing an additional 37,069 shares during the period. Finally, Norges Bank bought a new position in shares of Curtiss-Wright in the second quarter worth $241,537,000. 82.71% of the stock is owned by hedge funds and other institutional investors.

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.