PensionDanmark Pensionsforsikringsaktieselskab Purchases 1,386 Shares of Curtiss-Wright Corporation $CW

PensionDanmark Pensionsforsikringsaktieselskab increased its position in Curtiss-Wright Corporation (NYSE:CW) by 27.6% in the 2nd quarter, Holdings Channel reports. The firm owned 6,406 shares of the aerospace company’s stock after buying an additional 1,386 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Curtiss-Wright were worth $4,854,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of CW. Cary Street Partners Investment Advisory LLC bought a new stake in Curtiss-Wright in the 4th quarter valued at $31,000. Larson Financial Group LLC lifted its holdings in shares of Curtiss-Wright by 53.8% during the 3rd 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 boosted its position in shares of 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 acquiring an additional 15 shares in the last quarter. Signature Equity Partners LLC boosted its position in shares of Curtiss-Wright by 140.0% during the 1st 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. Finally, Caitong International Asset Management Co. Ltd bought a new stake in Curtiss-Wright in the fourth quarter valued at about $42,000. Institutional investors and hedge funds own 82.71% of the company’s stock.

Curtiss-Wright Trading Down 0.2%

Shares of Curtiss-Wright stock opened at $690.27 on Monday. Curtiss-Wright Corporation has a 12-month low of $464.91 and a 12-month high of $808.16. The stock has a market capitalization of $25.50 billion, a P/E ratio of 47.51, a price-to-earnings-growth ratio of 3.16 and a beta of 0.87. The company has a 50-day simple moving average of $744.52 and a 200 day simple moving average of $714.33. The company has a quick ratio of 1.12, a current ratio of 1.60 and a debt-to-equity ratio of 0.27.

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

Curtiss-Wright Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Monday, June 15th were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, June 15th. Curtiss-Wright’s payout ratio is presently 7.16%.

Insider Transactions at Curtiss-Wright

In other Curtiss-Wright news, CEO Lynn M. Bamford sold 2,500 shares of the business’s 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 transaction, the chief executive officer owned 48,134 shares of the company’s stock, valued at approximately $34,739,270.48. The trade was a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Gary A. Ogilby sold 399 shares of the business’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $721.95, for a total value of $288,058.05. Following the completion of the transaction, the vice president directly owned 2,172 shares in the company, valued at approximately $1,568,075.40. This represents a 15.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 3,119 shares of company stock valued at $2,257,998 in the last three months. 0.51% of the stock is owned by corporate insiders.

Analyst Ratings Changes

CW has been the subject of several recent research reports. Weiss Ratings lowered shares of Curtiss-Wright from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday. Morgan Stanley reaffirmed an “overweight” rating and set a $860.00 price objective on shares of Curtiss-Wright in a report on Wednesday, July 15th. Citigroup upped their price objective on Curtiss-Wright from $775.00 to $793.00 and gave the company a “neutral” rating in a research note on Wednesday, July 1st. Robert W. Baird set a $870.00 target price on Curtiss-Wright in a report on Friday, May 8th. Finally, Stifel Nicolaus raised their target price on Curtiss-Wright from $724.00 to $768.00 and gave the stock a “hold” rating in a research report on Monday, July 20th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $773.67.

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.