Ameritas Advisory Services LLC Makes New Investment in Curtiss-Wright Corporation $CW

Ameritas Advisory Services LLC bought a new stake in Curtiss-Wright Corporation (NYSE:CW) in the 4th quarter, HoldingsChannel.com reports. The firm bought 960 shares of the aerospace company’s stock, valued at approximately $529,000.

Other large investors have also modified their holdings of the company. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of Curtiss-Wright in the third quarter worth approximately $2,781,000. SG Americas Securities LLC raised its stake in shares of Curtiss-Wright by 738.8% during the fourth quarter. SG Americas Securities LLC now owns 26,003 shares of the aerospace company’s stock valued at $14,335,000 after purchasing an additional 22,903 shares during the period. CIBC Bancorp USA Inc. purchased a new stake in shares of Curtiss-Wright during the third quarter valued at approximately $37,812,000. Inscription Capital LLC raised its stake in shares of Curtiss-Wright by 248.3% during the third quarter. Inscription Capital LLC now owns 2,553 shares of the aerospace company’s stock valued at $1,386,000 after purchasing an additional 1,820 shares during the period. Finally, Grove Bank & Trust purchased a new stake in shares of Curtiss-Wright during the fourth quarter valued at approximately $1,104,000. Institutional investors and hedge funds own 82.71% of the company’s stock.

Insiders Place Their Bets

In related news, VP Gary A. Ogilby sold 252 shares of the company’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $689.14, for a total value of $173,663.28. Following the completion of the sale, the vice president owned 2,571 shares of the company’s stock, valued at $1,771,778.94. This represents a 8.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO K Christopher Farkas sold 918 shares of the company’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $677.46, for a total transaction of $621,908.28. Following the completion of the sale, the chief financial officer directly owned 5,518 shares of the company’s stock, valued at $3,738,224.28. The trade was a 14.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 5,961 shares of company stock valued at $4,039,279. Corporate insiders own 0.51% of the company’s stock.

Curtiss-Wright Stock Performance

Shares of CW opened at $715.22 on Friday. Curtiss-Wright Corporation has a 1 year low of $405.43 and a 1 year high of $760.72. The company has a market cap of $26.42 billion, a price-to-earnings ratio of 52.40, a price-to-earnings-growth 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 firm has a fifty day moving average of $706.58 and a 200-day moving average of $641.80.

Curtiss-Wright (NYSE:CW) last announced its quarterly earnings results on Wednesday, May 6th. The aerospace company reported $3.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.32 by $0.16. Curtiss-Wright had a net margin of 14.17% and a return on equity of 20.00%. The company had revenue of $913.69 million during the quarter, compared to the consensus estimate of $863.83 million. During the same quarter in the previous year, the company posted $2.82 earnings per share. The company’s revenue for the quarter 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, equities analysts anticipate that Curtiss-Wright Corporation will post 15.15 earnings per share for the current year.

Curtiss-Wright Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 6th. Investors of record on Monday, June 15th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.96 annualized dividend and a yield of 0.1%. Curtiss-Wright’s dividend payout ratio is presently 7.03%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on CW. Stifel Nicolaus set a $724.00 price target on shares of Curtiss-Wright in a research note on Friday, May 8th. Citigroup lifted their price target on shares of Curtiss-Wright from $718.00 to $728.00 and gave the stock a “neutral” rating in a research note on Thursday, April 2nd. Weiss Ratings restated a “buy (b)” rating on shares of Curtiss-Wright in a research note on Wednesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $748.00 price target on shares of Curtiss-Wright in a research note on Tuesday, February 17th. Finally, Robert W. Baird set a $870.00 price target on shares of Curtiss-Wright in a research note 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 company. According to data from MarketBeat, Curtiss-Wright currently has an average rating of “Moderate Buy” and a consensus target price of $738.83.

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.