Marco Investment Management LLC Makes New $220,000 Investment in Curtiss-Wright Corporation $CW

Marco Investment Management LLC purchased a new stake in Curtiss-Wright Corporation (NYSE:CW) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 450 shares of the aerospace company’s stock, valued at approximately $220,000.

Other institutional investors have also added to or reduced their stakes in the company. 1 North Wealth Services LLC purchased a new position in shares of Curtiss-Wright in the 1st quarter worth approximately $32,000. West Oak Capital LLC purchased a new stake in Curtiss-Wright during the second quarter worth about $49,000. Flaharty Asset Management LLC bought a new stake in shares of Curtiss-Wright in the 1st quarter worth approximately $69,000. Huntington National Bank increased its position in Curtiss-Wright by 20.3% in the second quarter. Huntington National Bank now owns 190 shares of the aerospace company’s stock worth $93,000 after buying an additional 32 shares during the last quarter. Finally, Signaturefd LLC raised its stake in shares of Curtiss-Wright by 10.3% in the first quarter. Signaturefd LLC now owns 473 shares of the aerospace company’s stock valued at $150,000 after buying an additional 44 shares during the period. 82.71% of the stock is owned by institutional investors.

Curtiss-Wright Price Performance

CW opened at $579.77 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.95 and a quick ratio of 1.35. The stock’s 50 day simple moving average is $538.01 and its 200 day simple moving average is $481.40. The firm has a market cap of $21.84 billion, a price-to-earnings ratio of 48.93, a PEG ratio of 3.41 and a beta of 1.12. Curtiss-Wright Corporation has a 1 year low of $266.88 and a 1 year high of $612.28.

Curtiss-Wright (NYSE:CW) last released its quarterly earnings data on Wednesday, November 5th. The aerospace company reported $3.40 earnings per share for the quarter, beating analysts’ consensus estimates of $3.28 by $0.12. The firm had revenue of $869.00 million during the quarter, compared to analyst estimates of $869.03 million. Curtiss-Wright had a return on equity of 18.34% and a net margin of 13.66%.The business’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.89 earnings per share. Curtiss-Wright has set its FY 2025 guidance at 12.950-13.200 EPS. As a group, analysts predict that Curtiss-Wright Corporation will post 12.32 earnings per share for the current year.

Curtiss-Wright Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 10th. Shareholders of record on Friday, September 26th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Friday, September 26th. This represents a $0.96 dividend on an annualized basis and a yield of 0.2%. Curtiss-Wright’s dividend payout ratio is presently 8.10%.

Analysts Set New Price Targets

CW has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $625.00 target price on shares of Curtiss-Wright in a research note on Wednesday, October 8th. Stifel Nicolaus boosted their price target on shares of Curtiss-Wright from $457.00 to $502.00 and gave the company a “hold” rating in a research report on Monday, October 20th. Wall Street Zen downgraded Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 2nd. Truist Financial raised their target price on shares of Curtiss-Wright from $525.00 to $537.00 and gave the company a “hold” rating in a research note on Friday. Finally, Citigroup lifted their price objective on shares of Curtiss-Wright from $525.00 to $568.00 and gave the stock a “buy” rating in a report on Monday, July 14th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $547.00.

Insider Activity at Curtiss-Wright

In related news, VP John C. Watts sold 1,110 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $480.50, for a total value of $533,355.00. Following the completion of the sale, the vice president owned 3,863 shares of the company’s stock, valued at $1,856,171.50. This trade represents a 22.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.55% of the stock is currently owned by corporate insiders.

Curtiss-Wright Profile

Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services mainly to aerospace and defense, commercial power, process, and industrial markets worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power.