Janus Henderson Group PLC Reduces Stock Position in Curtiss-Wright Corporation $CW

Janus Henderson Group PLC lessened its holdings in shares of Curtiss-Wright Corporation (NYSE:CW) by 80.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,360 shares of the aerospace company’s stock after selling 13,406 shares during the period. Janus Henderson Group PLC’s holdings in Curtiss-Wright were worth $2,288,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of CW. Cary Street Partners Investment Advisory LLC bought a new stake in shares of Curtiss-Wright in the 4th quarter worth approximately $31,000. Signature Equity Partners LLC raised its holdings in shares of Curtiss-Wright by 140.0% during the first quarter. Signature Equity Partners LLC now owns 60 shares of the aerospace company’s stock valued at $41,000 after acquiring an additional 35 shares in the last quarter. Larson Financial Group LLC lifted its stake in 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 acquiring an additional 21 shares during the period. Transamerica Financial Advisors LLC increased its position in Curtiss-Wright by 25.9% during the 4th quarter. Transamerica Financial Advisors LLC now owns 73 shares of the aerospace company’s stock valued at $40,000 after purchasing an additional 15 shares during the period. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of Curtiss-Wright during the 4th quarter valued at about $42,000. Hedge funds and other institutional investors own 82.71% of the company’s stock.

Curtiss-Wright Price Performance

Shares of CW opened at $690.27 on Friday. Curtiss-Wright Corporation has a fifty-two week low of $464.91 and a fifty-two week high of $808.16. The firm’s 50-day simple moving average is $744.52 and its two-hundred day simple moving average is $713.98. The stock has a market cap of $25.50 billion, a PE ratio of 47.51, a price-to-earnings-growth ratio of 3.17 and a beta of 0.87. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.05 and a current ratio of 1.60.

Curtiss-Wright (NYSE:CW) last released its earnings results on Wednesday, August 5th. The aerospace company reported $3.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.62 by $0.10. Curtiss-Wright had a net margin of 14.81% and a return on equity of 20.49%. The firm had revenue of $924.01 million during the quarter, compared to analyst estimates of $926.17 million. During the same period last year, the business earned $3.23 earnings per share. The business’s revenue was up 5.4% on a year-over-year basis. Curtiss-Wright has set its FY 2026 guidance at 15.100-15.400 EPS. Analysts anticipate that Curtiss-Wright Corporation will post 15.24 earnings per share for the current fiscal year.

Curtiss-Wright Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Monday, June 15th were paid a dividend of $0.24 per share. The ex-dividend date was Monday, June 15th. This represents a $0.96 dividend on an annualized basis and a yield of 0.1%. Curtiss-Wright’s payout ratio is presently 7.16%.

Analysts Set New Price Targets

Several analysts have commented on CW shares. Robert W. Baird set a $870.00 price objective on shares of Curtiss-Wright in a report on Friday, May 8th. Morgan Stanley reiterated an “overweight” rating and set a $860.00 target price on shares of Curtiss-Wright in a report on Wednesday, July 15th. Stifel Nicolaus raised their target price on Curtiss-Wright from $724.00 to $768.00 and gave the company a “hold” rating in a research note on Monday, July 20th. Citigroup lifted their price target on Curtiss-Wright from $775.00 to $793.00 and gave the company a “neutral” rating in a research report on Wednesday, July 1st. Finally, Weiss Ratings cut Curtiss-Wright from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday. Three investment 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, the company presently has an average rating of “Moderate Buy” and a consensus target price of $773.67.

Insider Buying and Selling at Curtiss-Wright

In other Curtiss-Wright news, EVP John C. Watts sold 220 shares of the business’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $752.91, for a total value of $165,640.20. Following the sale, the executive vice president directly owned 3,962 shares of the company’s stock, valued at approximately $2,983,029.42. The trade was a 5.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lynn M. Bamford sold 2,500 shares of the stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $721.72, for a total value of $1,804,300.00. Following the completion of the sale, the chief executive officer directly owned 48,134 shares in the company, valued at approximately $34,739,270.48. This represents a 4.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 3,119 shares of company stock worth $2,257,998. 0.51% of the stock is owned by insiders.

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.