Curtiss-Wright (NYSE:CW) EVP John Watts Sells 220 Shares of Stock

Curtiss-Wright Corporation (NYSE:CWGet Free Report) EVP John Watts sold 220 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $678.11, for a total transaction of $149,184.20. Following the sale, the executive vice president 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 Securities & Exchange Commission, which can be accessed through this hyperlink.

Curtiss-Wright Stock Performance

NYSE:CW traded down $14.95 during midday trading on Thursday, reaching $675.99. The stock had a trading volume of 11,273 shares, compared to its average volume of 295,563. The stock has a market capitalization of $24.92 billion, a P/E ratio of 52.32, a PEG ratio of 3.31 and a beta of 0.91. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.44 and a quick ratio of 1.00. Curtiss-Wright Corporation has a 1-year low of $266.88 and a 1-year high of $730.12. The firm’s fifty day simple moving average is $669.63 and its 200-day simple moving average is $589.58.

Curtiss-Wright (NYSE:CWGet Free Report) last posted its earnings results on Wednesday, February 11th. The aerospace company reported $3.79 EPS for the quarter, topping the consensus estimate of $3.66 by $0.13. Curtiss-Wright had a return on equity of 19.28% and a net margin of 13.84%.The business had revenue of $946.98 million during the quarter, compared to the consensus estimate of $890.14 million. During the same quarter last year, the company earned $3.27 EPS. Curtiss-Wright’s revenue was up 14.9% on a year-over-year basis. On average, equities research analysts forecast that Curtiss-Wright Corporation will post 12.32 EPS for the current fiscal year.

Curtiss-Wright Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 13th. Shareholders of record on Thursday, March 26th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Thursday, March 26th. Curtiss-Wright’s dividend payout ratio is currently 7.46%.

Analyst Upgrades and Downgrades

CW has been the topic of a number of recent analyst reports. Citigroup boosted their price objective on Curtiss-Wright from $661.00 to $718.00 and gave the company a “neutral” rating in a research note on Friday, February 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $748.00 price target on shares of Curtiss-Wright in a report on Tuesday, February 17th. Morgan Stanley reissued an “overweight” rating and set a $760.00 target price on shares of Curtiss-Wright in a research note on Friday, February 13th. Stifel Nicolaus lifted their price target on shares of Curtiss-Wright from $625.00 to $650.00 and gave the company a “hold” rating in a research note on Friday, February 13th. Finally, Truist Financial set a $603.00 price objective on shares of Curtiss-Wright in a research report on Friday, January 9th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $663.17.

Check Out Our Latest Stock Report on CW

Hedge Funds Weigh In On Curtiss-Wright

Large investors have recently made changes to their positions in the company. Atlantic Union Bankshares Corp acquired a new stake in shares of Curtiss-Wright during the third quarter worth about $26,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Curtiss-Wright during the 2nd quarter worth about $27,000. Cary Street Partners Investment Advisory LLC purchased a new position in shares of Curtiss-Wright in the 4th quarter valued at about $31,000. Larson Financial Group LLC raised its position 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 in the last quarter. Finally, First Horizon Corp purchased a new stake in Curtiss-Wright during the third quarter worth approximately $34,000. 82.71% of the stock is currently owned by institutional investors and hedge funds.

Curtiss-Wright News Summary

Here are the key news stories impacting Curtiss-Wright this week:

  • Positive Sentiment: Solid fundamentals: Curtiss‑Wright reported strong Feb quarter results (beat revenue and EPS, double‑digit revenue growth and healthy margins), which supports valuation and investor confidence. MarketBeat CW page
  • Positive Sentiment: Shareholder return: Company declared a quarterly dividend (record Mar 26, payable Apr 13) — a modest yield but a cash return that can steady sentiment. Dividend notice
  • Neutral Sentiment: Routine small insider sales: Several VPs and an EVP sold relatively small lots (140–220 shares each). These look like routine liquidity moves rather than conviction changes. (See SEC filings.) VP Mcdonald Form 4
  • Negative Sentiment: Large C‑suite selling on Mar 17: CEO Lynn Bamford sold 3,225 shares (~$2.18M), CFO K. Christopher Farkas sold 918 shares (~$622k), and COO Kevin Rayment sold 907 shares (~$614k). Concentrated sales by top executives often prompt investor concern about insider conviction or signal portfolio rebalancing; these Form 4s are available from the SEC. CEO Form 4 CFO Form 4 COO Form 4
  • Negative Sentiment: Analyst downgrade/view: A Seeking Alpha piece published Mar 17 flagged valuation and margin sustainability concerns and recommended downgrading after a strong run; such commentary can amplify selling pressure from investors worried about rich multiples. Seeking Alpha downgrade

About Curtiss-Wright

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Curtiss-Wright (NYSE:CW)

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