Curtiss-Wright Q4 EPS Forecast Increased by Zacks Research

Curtiss-Wright Co. (NYSE:CW - Free Report) - Research analysts at Zacks Research boosted their Q4 2024 earnings per share estimates for Curtiss-Wright in a research note issued to investors on Tuesday, December 17th. Zacks Research analyst R. Department now expects that the aerospace company will post earnings per share of $3.08 for the quarter, up from their previous estimate of $3.04. The consensus estimate for Curtiss-Wright's current full-year earnings is $10.72 per share. Zacks Research also issued estimates for Curtiss-Wright's Q3 2026 earnings at $3.25 EPS.

A number of other research analysts have also issued reports on the stock. Alembic Global Advisors assumed coverage on shares of Curtiss-Wright in a report on Tuesday, October 29th. They issued an "overweight" rating and a $412.00 target price on the stock. Morgan Stanley boosted their price objective on shares of Curtiss-Wright from $334.00 to $395.00 and gave the company an "overweight" rating in a research report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft began coverage on shares of Curtiss-Wright in a research report on Thursday, December 5th. They set a "buy" rating and a $452.00 target price on the stock. StockNews.com cut shares of Curtiss-Wright from a "strong-buy" rating to a "buy" rating in a research note on Monday, September 23rd. Finally, Stifel Nicolaus lowered Curtiss-Wright from a "buy" rating to a "hold" rating and set a $370.00 price target on the stock. in a research note on Monday, November 18th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $379.00.

Curtiss-Wright Price Performance

Shares of CW traded up $2.78 during trading hours on Friday, reaching $354.22. 769,471 shares of the company traded hands, compared to its average volume of 231,425. The stock has a market capitalization of $13.44 billion, a PE ratio of 33.51, a price-to-earnings-growth ratio of 2.96 and a beta of 1.18. The stock has a fifty day simple moving average of $364.09 and a 200 day simple moving average of $318.86. Curtiss-Wright has a fifty-two week low of $212.05 and a fifty-two week high of $393.40. The company has a quick ratio of 1.39, a current ratio of 1.98 and a debt-to-equity ratio of 0.39.

Curtiss-Wright Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 3rd. Shareholders of record on Friday, November 22nd were paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 0.24%. The ex-dividend date was Friday, November 22nd. Curtiss-Wright's dividend payout ratio is currently 7.95%.

Insider Buying and Selling at Curtiss-Wright

In related news, CEO Lynn M. Bamford sold 7,129 shares of the stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $368.80, for a total transaction of $2,629,175.20. Following the completion of the sale, the chief executive officer now owns 28,688 shares of the company's stock, valued at approximately $10,580,134.40. This represents a 19.90 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP John C. Watts sold 412 shares of the firm's stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $359.55, for a total transaction of $148,134.60. Following the completion of the transaction, the vice president now owns 4,183 shares in the company, valued at $1,503,997.65. The trade was a 8.97 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is owned by company insiders.

Institutional Investors Weigh In On Curtiss-Wright

Institutional investors have recently bought and sold shares of the business. Tsfg LLC lifted its holdings in shares of Curtiss-Wright by 191.4% during the 3rd quarter. Tsfg LLC now owns 102 shares of the aerospace company's stock valued at $34,000 after acquiring an additional 67 shares in the last quarter. UMB Bank n.a. raised its position in Curtiss-Wright by 303.8% in the third quarter. UMB Bank n.a. now owns 105 shares of the aerospace company's stock valued at $35,000 after purchasing an additional 79 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of Curtiss-Wright during the third quarter worth about $53,000. Brooklyn Investment Group purchased a new stake in shares of Curtiss-Wright in the third quarter worth about $59,000. Finally, Quarry LP grew its stake in shares of Curtiss-Wright by 176.9% in the second quarter. Quarry LP now owns 252 shares of the aerospace company's stock valued at $68,000 after buying an additional 161 shares in the last quarter. 82.71% of the stock is currently owned by hedge funds and other institutional investors.

Curtiss-Wright Company 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.