iA Global Asset Management Inc. Has $6.96 Million Position in Curtiss-Wright Corporation $CW

iA Global Asset Management Inc. lowered its stake in shares of Curtiss-Wright Corporation (NYSE:CW) by 32.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,620 shares of the aerospace company’s stock after selling 6,200 shares during the period. iA Global Asset Management Inc.’s holdings in Curtiss-Wright were worth $6,957,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of CW. Atlantic Union Bankshares Corp acquired a new stake in shares of Curtiss-Wright during the 3rd quarter valued at $26,000. Larson Financial Group LLC boosted its stake 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 valued at $33,000 after buying an additional 21 shares during the period. First Horizon Corp acquired a new stake in shares of Curtiss-Wright during the 3rd quarter valued at $34,000. Sunbelt Securities Inc. acquired a new stake in shares of Curtiss-Wright in the 3rd quarter valued at $43,000. Finally, V Square Quantitative Management LLC acquired a new stake in shares of Curtiss-Wright in the 4th quarter valued at $45,000. Institutional investors and hedge funds own 82.71% of the company’s stock.

Curtiss-Wright Stock Performance

NYSE:CW opened at $715.22 on Monday. The firm’s 50-day moving average is $706.58 and its 200-day moving average is $642.27. Curtiss-Wright Corporation has a 52-week low of $405.43 and a 52-week high of $760.72. 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 company has a market cap of $26.42 billion, a price-to-earnings ratio of 52.40, a PEG ratio of 3.30 and a beta of 0.86.

Curtiss-Wright (NYSE:CW) last posted its quarterly earnings data on Wednesday, May 6th. The aerospace company reported $3.48 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $863.83 million. During the same quarter in the previous year, the firm posted $2.82 EPS. The business’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. Equities research 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. Stockholders of record on Monday, June 15th will be issued a dividend of $0.24 per share. The ex-dividend date is Monday, June 15th. This represents a $0.96 annualized dividend and a dividend yield of 0.1%. Curtiss-Wright’s payout ratio is presently 7.03%.

Insider Buying and Selling at Curtiss-Wright

In other news, CFO K Christopher Farkas sold 918 shares of Curtiss-Wright 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 sale, the chief financial officer directly owned 5,518 shares in the company, valued at approximately $3,738,224.28. The trade was a 14.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Lynn M. Bamford sold 3,225 shares of Curtiss-Wright stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $676.70, for a total transaction of $2,182,357.50. Following the sale, the chief executive officer owned 50,634 shares in the company, valued at approximately $34,264,027.80. This trade represents a 5.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 5,961 shares of company stock worth $4,039,279 in the last 90 days. 0.51% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

CW has been the subject of several analyst reports. Citigroup lifted their price objective on shares of Curtiss-Wright from $718.00 to $728.00 and gave the company a “neutral” rating in a research note on Thursday, April 2nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Curtiss-Wright in a report on Wednesday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $748.00 target price on shares of Curtiss-Wright in a report on Tuesday, February 17th. Stifel Nicolaus set a $724.00 target price on shares of Curtiss-Wright in a report on Friday, May 8th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $760.00 target price on shares of Curtiss-Wright in a report on Friday, February 13th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Curtiss-Wright presently 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.