Curtiss-Wright Corporation $CW Shares Bought by M&T Bank Corp

M&T Bank Corp increased its position in Curtiss-Wright Corporation (NYSE:CW) by 84.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,362 shares of the aerospace company’s stock after buying an additional 1,084 shares during the period. M&T Bank Corp’s holdings in Curtiss-Wright were worth $1,303,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Atlantic Union Bankshares Corp acquired a new position in shares of Curtiss-Wright in the third quarter valued at approximately $26,000. Larson Financial Group LLC raised its position in shares of Curtiss-Wright by 53.8% in the third quarter. Larson Financial Group LLC now owns 60 shares of the aerospace company’s stock valued at $33,000 after buying an additional 21 shares during the last quarter. First Horizon Corp acquired a new position in shares of Curtiss-Wright in the third quarter valued at approximately $34,000. Sunbelt Securities Inc. acquired a new position in shares of Curtiss-Wright in the third quarter valued at approximately $43,000. Finally, V Square Quantitative Management LLC acquired a new position in shares of Curtiss-Wright in the fourth quarter valued at approximately $45,000. Institutional investors and hedge funds own 82.71% of the company’s stock.

Curtiss-Wright Price Performance

Curtiss-Wright stock opened at $728.36 on Friday. Curtiss-Wright Corporation has a 1 year low of $370.50 and a 1 year high of $750.00. The firm has a 50 day moving average price of $703.16 and a 200 day moving average price of $634.84. The company has a market cap of $26.88 billion, a price-to-earnings ratio of 53.36, a PEG ratio of 3.46 and a beta of 0.86. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.00 and a current ratio of 1.52.

Curtiss-Wright (NYSE:CW) last released its earnings results on Wednesday, May 6th. The aerospace company reported $3.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.32 by $0.16. Curtiss-Wright had a net margin of 14.17% and a return on equity of 20.00%. The firm had revenue of $913.69 million during the quarter, compared to the consensus estimate of $863.83 million. During the same period in the previous year, the firm earned $2.82 earnings per share. Curtiss-Wright’s revenue 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. Sell-side analysts predict that Curtiss-Wright Corporation will post 15.08 earnings per share for the current year.

Insider Transactions at Curtiss-Wright

In related news, VP Gary A. Ogilby sold 252 shares of the business’s stock in a transaction that occurred on 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 directly owned 2,571 shares in the company, valued at approximately $1,771,778.94. The trade was a 8.93% 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 the SEC website. Also, CFO K Christopher Farkas sold 918 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $677.46, for a total transaction of $621,908.28. Following the sale, the chief financial officer owned 5,518 shares of the company’s stock, valued at approximately $3,738,224.28. This represents a 14.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 5,961 shares of company stock valued at $4,039,279 in the last quarter. Insiders own 0.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Robert W. Baird set a $870.00 price objective on shares of Curtiss-Wright in a research report on Friday. Wall Street Zen raised shares of Curtiss-Wright from a “hold” rating to a “buy” rating in a research report on Saturday, January 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $748.00 price objective on shares of Curtiss-Wright in a research report on Tuesday, February 17th. Stifel Nicolaus set a $724.00 price objective on shares of Curtiss-Wright in a research report on Friday. Finally, Morgan Stanley restated an “overweight” rating and issued a $760.00 target price on shares of Curtiss-Wright in a report on Friday, February 13th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $738.83.

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.