VestGen Advisors LLC lowered its position in shares of Curtiss-Wright Corporation (NYSE:CW – Free Report) by 84.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 383 shares of the aerospace company’s stock after selling 2,005 shares during the quarter. VestGen Advisors LLC’s holdings in Curtiss-Wright were worth $208,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in Curtiss-Wright during the 2nd quarter worth $3,448,649,000. Concurrent Investment Advisors LLC grew its stake in Curtiss-Wright by 220.1% in the second quarter. Concurrent Investment Advisors LLC now owns 3,073 shares of the aerospace company’s stock valued at $2,329,000 after acquiring an additional 2,113 shares during the period. Nicholas Investment Partners LP acquired a new position in Curtiss-Wright in the second quarter valued at about $4,737,000. Amundi grew its stake in Curtiss-Wright by 47.6% in the second quarter. Amundi now owns 154,668 shares of the aerospace company’s stock valued at $117,201,000 after acquiring an additional 49,907 shares during the period. Finally, National Pension Service increased its holdings in shares of Curtiss-Wright by 2,974.9% in the second quarter. National Pension Service now owns 63,928 shares of the aerospace company’s stock worth $48,442,000 after acquiring an additional 61,849 shares in the last quarter. Institutional investors and hedge funds own 82.71% of the company’s stock.
Curtiss-Wright Price Performance
Shares of NYSE CW opened at $448.23 on Thursday. The company has a fifty day moving average price of $531.80 and a 200 day moving average price of $665.58. The firm has a market cap of $16.55 billion, a PE ratio of 30.85, a PEG ratio of 2.08 and a beta of 0.94. The company has a current ratio of 1.60, a quick ratio of 1.12 and a debt-to-equity ratio of 0.27. Curtiss-Wright Corporation has a 1-year low of $447.18 and a 1-year high of $808.16.
Curtiss-Wright (NYSE:CW – Get Free Report) last released its quarterly earnings results on Wednesday, November 4th. The aerospace company reported $3.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.76 by $0.18. The firm had revenue of $952.59 million for the quarter, compared to the consensus estimate of $935.09 million. Curtiss-Wright had a return on equity of 20.49% and a net margin of 14.81%. The company’s revenue for the quarter was up 9.6% on a year-over-year basis. During the same quarter last year, the business posted $3.31 EPS. Research analysts predict that Curtiss-Wright Corporation will post 15.33 earnings per share for the current fiscal year.
Curtiss-Wright Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Investors of record on Friday, September 25th were issued a dividend of $0.26 per share. The ex-dividend date was Friday, September 25th. This is a boost from Curtiss-Wright’s previous quarterly dividend of $0.24. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.2%. Curtiss-Wright’s dividend payout ratio is 7.16%.
Insider Transactions at Curtiss-Wright
In other Curtiss-Wright news, EVP John C. Watts sold 1,035 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $619.46, for a total value of $641,141.10. Following the sale, the executive vice president owned 2,736 shares in the company, valued at approximately $1,694,842.56. The trade was a 27.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Larry D. Wyche sold 100 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $596.74, for a total value of $59,674.00. Following the completion of the sale, the director owned 1,414 shares in the company, valued at $843,790.36. The trade was a 6.61% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.51% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on CW. Weiss Ratings lowered Curtiss-Wright from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, September 4th. Guggenheim began coverage on Curtiss-Wright in a report on Monday, September 14th. They set a “buy” rating and a $786.00 price objective on the stock. Deutsche Bank Aktiengesellschaft set a $801.00 price objective on Curtiss-Wright in a research report on Wednesday, August 12th. Stifel Nicolaus lowered their target price on Curtiss-Wright from $700.00 to $518.00 and set a “hold” rating for the company in a research note on Monday, October 19th. Finally, Morgan Stanley dropped their target price on shares of Curtiss-Wright from $860.00 to $625.00 and set an “overweight” rating on the stock in a report on Friday, October 16th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Curtiss-Wright currently has an average rating of “Moderate Buy” and an average target price of $676.38.
Check Out Our Latest Report on Curtiss-Wright
Curtiss-Wright News Summary
Here are the key news stories impacting Curtiss-Wright this week:
- Positive Sentiment: Third-quarter adjusted EPS was $3.94, up 16% year over year and ahead of the $3.76 consensus estimate. Revenue rose 9.6% year over year. Curtiss-Wright also raised its full-year 2026 guidance, and backlog reached $4.6 billion, up 12% year to date. Curtiss-Wright Reports Third Quarter 2026 Financial Results and Raises Full-Year 2026 Guidance
- Positive Sentiment: The company won Navy contracts worth more than $225 million to support aircraft carrier and submarine programs, adding to its defense business pipeline. Curtiss-Wright Awarded Contracts Valued in Excess of $225 Million
- Neutral Sentiment: The positive earnings and contract news has not prevented the stock from trading lower. The available reports do not give a clear catalyst for the share-price weakness.
Curtiss-Wright Company Profile
Curtiss-Wright Corporation (NYSE: CW) is a diversified industrial company that provides highly engineered products and services to the aerospace, defense, commercial nuclear power, and general industrial markets. The company designs and manufactures equipment used in applications that require reliable performance in demanding operating environments.
Its products and technologies include motion-control systems, valves, pumps, actuation equipment, sensors, data-acquisition systems, embedded computing products, and aircraft structural components.
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