Shares of Curtiss-Wright Corporation (NYSE:CW – Get Free Report) have received an average recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is $738.8333.
CW has been the topic of several recent research reports. Robert W. Baird set a $870.00 price objective on Curtiss-Wright in a report on Friday. Morgan Stanley reaffirmed an “overweight” rating and set a $760.00 price objective on shares of Curtiss-Wright in a report on Friday, February 13th. Wall Street Zen raised Curtiss-Wright from a “hold” rating to a “buy” rating in a report on Saturday, January 10th. Stifel Nicolaus set a $724.00 price objective on Curtiss-Wright in a report on Friday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $748.00 price objective on shares of Curtiss-Wright in a report on Tuesday, February 17th.
Read Our Latest Stock Analysis on CW
Curtiss-Wright Stock Up 0.5%
Curtiss-Wright (NYSE:CW – Get Free Report) last issued its 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. The company had revenue of $913.69 million for the quarter, compared to the consensus estimate of $863.83 million. Curtiss-Wright had a return on equity of 20.00% and a net margin of 14.17%.The firm’s quarterly revenue was up 13.4% on a year-over-year basis. During the same quarter last year, the company earned $2.82 EPS. Curtiss-Wright has set its FY 2026 guidance at 14.900-15.300 EPS. Research analysts expect that Curtiss-Wright will post 15.06 earnings per share for the current fiscal year.
Insider Buying and Selling at Curtiss-Wright
In other news, COO Kevin Rayment sold 907 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $677.38, for a total transaction of $614,383.66. Following the sale, the chief operating officer directly owned 31,493 shares of the company’s stock, valued at $21,332,728.34. This represents a 2.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP George P. Mcdonald sold 151 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $678.07, for a total value of $102,388.57. Following the sale, the vice president directly owned 4,210 shares in the company, valued at $2,854,674.70. This trade represents a 3.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 5,961 shares of company stock worth $4,039,279. Company insiders own 0.51% of the company’s stock.
Hedge Funds Weigh In On Curtiss-Wright
Several large investors have recently modified their holdings of the stock. Transamerica Financial Advisors LLC increased 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 purchasing an additional 15 shares during the last quarter. IFP Advisors Inc increased its position in shares of Curtiss-Wright by 2.3% during the 4th quarter. IFP Advisors Inc now owns 698 shares of the aerospace company’s stock valued at $385,000 after purchasing an additional 16 shares during the last quarter. Summit Financial LLC increased its position in shares of Curtiss-Wright by 2.3% during the 4th quarter. Summit Financial LLC now owns 697 shares of the aerospace company’s stock valued at $384,000 after purchasing an additional 16 shares during the last quarter. Clearstead Advisors LLC increased its position in shares of Curtiss-Wright by 1.6% during the 3rd quarter. Clearstead Advisors LLC now owns 1,067 shares of the aerospace company’s stock valued at $579,000 after purchasing an additional 17 shares during the last quarter. Finally, Mayflower Financial Advisors LLC increased its position in shares of Curtiss-Wright by 2.9% during the 4th quarter. Mayflower Financial Advisors LLC now owns 611 shares of the aerospace company’s stock valued at $337,000 after purchasing an additional 17 shares during the last quarter. Institutional investors own 82.71% of the company’s stock.
Curtiss-Wright Company 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.
Featured Articles
Receive News & Ratings for Curtiss-Wright Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Curtiss-Wright and related companies with MarketBeat.com's FREE daily email newsletter.
