Radnor Capital Management LLC Sells 1,407 Shares of Curtiss-Wright Corporation $CW

Radnor Capital Management LLC decreased its position in shares of Curtiss-Wright Corporation (NYSE:CW) by 18.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,091 shares of the aerospace company’s stock after selling 1,407 shares during the quarter. Radnor Capital Management LLC’s holdings in Curtiss-Wright were worth $3,358,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the company. Atlantic Union Bankshares Corp purchased a new stake in Curtiss-Wright during the 3rd quarter valued at $26,000. Larson Financial Group LLC raised its stake in shares of Curtiss-Wright by 53.8% in the third quarter. Larson Financial Group LLC now owns 60 shares of the aerospace company’s stock worth $33,000 after purchasing an additional 21 shares during the last quarter. Elyxium Wealth LLC bought a new position in shares of Curtiss-Wright during the fourth quarter valued at $43,000. Sunbelt Securities Inc. bought a new position in shares of Curtiss-Wright during the third quarter valued at $43,000. Finally, V Square Quantitative Management LLC purchased a new stake in shares of Curtiss-Wright during the fourth quarter valued at $45,000. 82.71% of the stock is currently owned by hedge funds and other institutional investors.

Curtiss-Wright Stock Down 0.3%

CW stock opened at $710.69 on Tuesday. The company has a market cap of $26.25 billion, a price-to-earnings ratio of 52.07, a P/E/G ratio of 3.30 and a beta of 0.86. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.05 and a current ratio of 1.52. The business’s 50-day moving average is $707.21 and its two-hundred day moving average is $643.12. Curtiss-Wright Corporation has a fifty-two week low of $405.70 and a fifty-two week high of $760.72.

Curtiss-Wright (NYSE:CW) last released its quarterly earnings results on Wednesday, May 6th. The aerospace company reported $3.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.32 by $0.16. Curtiss-Wright had a return on equity of 20.00% and a net margin of 14.17%.The business had revenue of $913.69 million during the quarter, compared to the consensus estimate of $863.83 million. During the same period in the previous year, the company posted $2.82 EPS. The business’s quarterly revenue was up 13.4% compared to the same quarter last year. Curtiss-Wright has set its FY 2026 guidance at 14.900-15.300 EPS. As a group, analysts forecast that Curtiss-Wright Corporation will post 15.15 earnings per share for the current year.

Curtiss-Wright Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 6th. Shareholders of record on Monday, June 15th will be issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Monday, June 15th. Curtiss-Wright’s dividend payout ratio is currently 7.03%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $748.00 target price on shares of Curtiss-Wright in a research report on Tuesday, February 17th. Morgan Stanley reaffirmed an “overweight” rating and set a $760.00 price target on shares of Curtiss-Wright in a report on Friday, February 13th. Stifel Nicolaus set a $724.00 price objective on shares of Curtiss-Wright in a report on Friday, May 8th. Weiss Ratings restated a “buy (b)” rating on shares of Curtiss-Wright in a research report on Wednesday, May 13th. Finally, Robert W. Baird set a $870.00 target price on shares of Curtiss-Wright in a report on Friday, May 8th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Curtiss-Wright presently has an average rating of “Moderate Buy” and an average target price of $746.67.

Insiders Place Their Bets

In other news, EVP John C. Watts sold 220 shares of the company’s stock in a transaction on Tuesday, March 17th. The stock was 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 in the company, valued at $2,835,856.02. This represents a 5.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO K Christopher Farkas sold 918 shares of the firm’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $677.46, for a total value of $621,908.28. Following the completion of the transaction, the chief financial officer directly owned 5,518 shares in the company, valued at approximately $3,738,224.28. This represents a 14.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 5,961 shares of company stock valued at $4,039,279. 0.51% of the stock is currently owned by corporate insiders.

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.