Thrivent Financial for Lutherans cut its stake in Curtiss-Wright Corporation (NYSE:CW – Free Report) by 5.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 25,469 shares of the aerospace company’s stock after selling 1,378 shares during the period. Thrivent Financial for Lutherans owned approximately 0.07% of Curtiss-Wright worth $14,040,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of CW. Arbejdsmarkedets Tillaegspension acquired a new position in shares of Curtiss-Wright in the 4th quarter valued at $23,787,000. Allworth Financial LP increased its holdings in shares of Curtiss-Wright by 47.8% during the 4th quarter. Allworth Financial LP now owns 427 shares of the aerospace company’s stock worth $235,000 after buying an additional 138 shares during the last quarter. Freemont Management S.A. increased its holdings in shares of Curtiss-Wright by 200.0% during the 4th quarter. Freemont Management S.A. now owns 3,900 shares of the aerospace company’s stock worth $2,150,000 after buying an additional 2,600 shares during the last quarter. Ameritas Advisory Services LLC purchased a new position in shares of Curtiss-Wright in the 4th quarter worth $529,000. Finally, World Investment Advisors boosted its holdings in Curtiss-Wright by 118.7% in the fourth quarter. World Investment Advisors now owns 842 shares of the aerospace company’s stock valued at $464,000 after acquiring an additional 457 shares during the last quarter. 82.71% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at Curtiss-Wright
In other Curtiss-Wright news, CEO Lynn M. Bamford sold 3,225 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $676.70, for a total transaction of $2,182,357.50. Following the completion of the sale, the chief executive officer owned 50,634 shares in the company, valued at $34,264,027.80. This trade represents a 5.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Gary A. Ogilby sold 252 shares of the company’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 transaction, 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 disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 5,961 shares of company stock valued at $4,039,279. Company insiders own 0.51% of the company’s stock.
Curtiss-Wright Trading Down 0.3%
Curtiss-Wright (NYSE:CW – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The aerospace company reported $3.48 earnings per share 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 business had revenue of $913.69 million during the quarter, compared to analyst estimates of $863.83 million. During the same period last year, the business earned $2.82 EPS. The business’s revenue was up 13.4% on a year-over-year basis. Curtiss-Wright has set its FY 2026 guidance at 14.900-15.300 EPS. Analysts expect that Curtiss-Wright Corporation will post 15.15 EPS for the current fiscal year.
Curtiss-Wright Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, July 6th. Stockholders of record on Monday, June 15th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Monday, June 15th. Curtiss-Wright’s payout ratio is presently 7.03%.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on the company. Morgan Stanley reissued an “overweight” rating and set a $760.00 price target on shares of Curtiss-Wright in a research report on Friday, February 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $748.00 price objective on shares of Curtiss-Wright in a research note on Tuesday, February 17th. Stifel Nicolaus set a $724.00 target price on Curtiss-Wright in a report on Friday, May 8th. Citigroup increased their target price on shares of Curtiss-Wright from $728.00 to $775.00 and gave the stock a “neutral” rating in a research report on Monday. Finally, Robert W. Baird set a $870.00 price target on shares of Curtiss-Wright in a report on Friday, May 8th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $746.67.
Read Our Latest Stock Analysis on CW
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.
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