Curtiss-Wright (NYSE:CW) Posts Earnings Results, Beats Estimates By $0.18 EPS

Curtiss-Wright (NYSE:CW) posted its quarterly earnings data on Wednesday. The aerospace company reported $3.94 EPS for the quarter, topping analysts’ consensus estimates of $3.76 by $0.18, Zacks reports. The company had revenue of $953.00 million for the quarter, compared to analyst estimates of $935.09 million. Curtiss-Wright had a return on equity of 20.91% and a net margin of 14.86%. The firm’s quarterly revenue was up 9.6% on a year-over-year basis. During the same period in the previous year, the firm earned $3.31 earnings per share.

Curtiss-Wright Price Performance

CW stock traded up $32.91 during mid-day trading on Friday, hitting $466.77. 358,401 shares of the stock were exchanged, compared to its average volume of 326,106. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.60 and a quick ratio of 1.12. The business has a fifty day moving average price of $528.12 and a 200 day moving average price of $664.43. Curtiss-Wright has a 12 month low of $432.70 and a 12 month high of $808.16. The stock has a market capitalization of $17.24 billion, a price-to-earnings ratio of 31.13, a PEG ratio of 1.89 and a beta of 0.94.

Curtiss-Wright Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 9th. Investors of record on Friday, September 25th were paid a $0.26 dividend. This is an increase from Curtiss-Wright’s previous quarterly dividend of $0.24. This represents a $1.04 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Friday, September 25th. Curtiss-Wright’s payout ratio is 7.16%.

Analyst Upgrades and Downgrades

CW has been the topic of a number of research reports. Wall Street Zen downgraded Curtiss-Wright from a “buy” rating to a “hold” rating in a research note on Saturday, August 15th. Deutsche Bank Aktiengesellschaft set a $801.00 price objective on Curtiss-Wright in a report on Wednesday, August 12th. Piper Sandler lowered their target price on Curtiss-Wright from $586.00 to $544.00 and set a “neutral” rating on the stock in a research report on Friday. Guggenheim cut their target price on Curtiss-Wright from $786.00 to $674.00 and set a “buy” rating on the stock in a report on Friday. Finally, Stifel Nicolaus reduced their price target on shares of Curtiss-Wright from $700.00 to $518.00 and set a “hold” rating for the company in a research report on Monday, October 19th. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $657.12.

Key Headlines Impacting Curtiss-Wright

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

• Positive Sentiment: Curtiss-Wright beat Q3 estimates: adjusted EPS was $3.94 versus $3.76 expected, while revenue of $953 million exceeded expectations and rose 9.6% year over year. The company also raised its full-year 2026 sales-growth outlook to 8%–10%; backlog increased 12% year to date to $4.6 billion. Curtiss-Wright Q3 results and guidance
• Positive Sentiment: The company also secured $225 million in U.S. Navy contracts, adding to its defense-business support. Curtiss-Wright wins Navy contracts
• Neutral Sentiment: Guggenheim lowered its price target from $786 to $674 but kept a “buy” rating, leaving a substantially higher target than the quoted share price. The target cut is a cautionary signal, tempered by the retained positive rating. Guggenheim recommendations
• Negative Sentiment: Piper Sandler cut its target from $586 to $544 and maintained a “neutral” rating. The revision may pressure sentiment despite the target still implying potential upside from the quoted price. Piper Sandler recommendations

Insider Buying and Selling at Curtiss-Wright

In related news, EVP John Watts sold 1,035 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $619.46, for a total transaction of $641,141.10. Following the completion of the sale, the executive vice president directly owned 2,736 shares in the company, valued at $1,694,842.56. This represents a 27.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Larry D. Wyche sold 100 shares of the business’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $596.74, for a total value of $59,674.00. Following the transaction, the director owned 1,414 shares in the company, valued at approximately $843,790.36. This represents a 6.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.51% of the company’s stock.

About Curtiss-Wright

Curtiss-Wright Corporation (NYSE: CW) is a diversified industrial company that provides highly engineered products and services to the aerospace, defense, commercial nuclear power, and general industrial markets. The company designs and manufactures equipment used in applications that require reliable performance in demanding operating environments.

Its products and technologies include motion-control systems, valves, pumps, actuation equipment, sensors, data-acquisition systems, embedded computing products, and aircraft structural components.