Robert Freda Sells 140 Shares of Curtiss-Wright (NYSE:CW) Stock

Curtiss-Wright Corporation (NYSE:CWGet Free Report) VP Robert Freda sold 140 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $678.61, for a total transaction of $95,005.40. Following the completion of the sale, the vice president owned 5,343 shares in the company, valued at $3,625,813.23. This represents a 2.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Curtiss-Wright Stock Performance

Curtiss-Wright stock traded up $9.76 during mid-day trading on Wednesday, hitting $689.34. The company had a trading volume of 267,829 shares, compared to its average volume of 301,106. The company’s fifty day moving average is $667.50 and its 200-day moving average is $588.88. The company has a current ratio of 1.44, a quick ratio of 1.00 and a debt-to-equity ratio of 0.30. Curtiss-Wright Corporation has a 12-month low of $266.88 and a 12-month high of $730.12. The company has a market capitalization of $25.42 billion, a price-to-earnings ratio of 53.56, a P/E/G ratio of 3.33 and a beta of 0.91.

Curtiss-Wright (NYSE:CWGet Free Report) last announced its earnings results on Wednesday, February 11th. The aerospace company reported $3.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.66 by $0.13. Curtiss-Wright had a net margin of 13.84% and a return on equity of 19.28%. The company had revenue of $946.98 million for the quarter, compared to analysts’ expectations of $890.14 million. During the same quarter in the previous year, the company posted $3.27 EPS. The firm’s quarterly revenue was up 14.9% on a year-over-year basis. Equities research analysts predict that Curtiss-Wright Corporation will post 12.32 EPS for the current 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 given a $0.24 dividend. The ex-dividend date of this dividend is Thursday, March 26th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.1%. Curtiss-Wright’s dividend payout ratio is currently 7.46%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Transamerica Financial Advisors LLC boosted its holdings in 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 during the period. IFP Advisors Inc lifted its holdings 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 buying an additional 16 shares during the period. Summit Financial LLC grew 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 acquiring an additional 16 shares during the period. Clearstead Advisors LLC raised 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 period. Finally, Mayflower Financial Advisors LLC grew its holdings in 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 buying an additional 17 shares in the last quarter. Hedge funds and other institutional investors own 82.71% of the company’s stock.

Curtiss-Wright News Roundup

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

  • Positive Sentiment: Recent underlying business strength — Curtiss‑Wright reported a fiscal quarter with $3.79 EPS (vs. $3.66 est.) and roughly $947M revenue, +14.9% year‑over‑year, with healthy margins and ROE. Those fundamentals support the stock’s premium valuation and help explain buying interest today.
  • Neutral Sentiment: Research/coverage updates — Barron’s has a research/ratings page on CW that may influence investors as analysts refresh models and price targets. Curtiss‑Wright Corp. research
  • Neutral Sentiment: Technical/valuation backdrop — the stock is trading well above its 200‑day average and near its 1‑year highs; P/E is elevated (~53.6), which makes the shares sensitive to guidance, analyst revisions and insider activity.
  • Negative Sentiment: Clustered insider selling — multiple senior executives sold shares on March 17 (CEO Lynn Bamford, CFO K. Christopher Farkas, COO Kevin Rayment and several VPs/EVP). Combined disclosed proceeds total roughly $3.9M (individual SEC Form 4s filed). This coordinated selling can raise short‑term concern among investors about insider sentiment. See CEO filing for details: CEO Form 4
  • Negative Sentiment: Analyst downgrade note — a recent Seeking Alpha piece advocated a downgrade after the stock’s run, arguing valuation and upside are more limited now; that commentary can pressure sentiment and prompt re‑rating risk. Curtiss‑Wright: I’m Downgrading After A Huge Run

Wall Street Analyst Weigh In

Several brokerages have issued reports on CW. Citigroup boosted their price objective on shares of Curtiss-Wright from $661.00 to $718.00 and gave the company a “neutral” rating in a research note on Friday, February 13th. Morgan Stanley reissued an “overweight” rating and set a $760.00 price target on shares of Curtiss-Wright in a research note on Friday, February 13th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $748.00 price target on shares of Curtiss-Wright in a research report on Tuesday, February 17th. Truist Financial set a $603.00 target price on Curtiss-Wright in a report on Friday, January 9th. Finally, Stifel Nicolaus raised their price target on shares of Curtiss-Wright from $625.00 to $650.00 and gave the stock a “hold” rating in a research report on Friday, February 13th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Curtiss-Wright presently has a consensus rating of “Moderate Buy” and an average price target of $663.17.

Read Our Latest Stock Report on CW

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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