450 Shares in Curtiss-Wright Corporation $CW Purchased by Marco Investment Management LLC

Marco Investment Management LLC acquired a new position in Curtiss-Wright Corporation (NYSE:CW) in the 2nd quarter, Holdings Channel reports. The firm acquired 450 shares of the aerospace company’s stock, valued at approximately $220,000.

Other institutional investors have also recently made changes to their positions in the company. 1 North Wealth Services LLC purchased a new position in shares of Curtiss-Wright in the 1st quarter valued at approximately $32,000. West Oak Capital LLC bought a new position in Curtiss-Wright in the second quarter worth $49,000. Huntington National Bank lifted its position in Curtiss-Wright by 20.3% during the second quarter. Huntington National Bank now owns 190 shares of the aerospace company’s stock valued at $93,000 after buying an additional 32 shares during the period. Flaharty Asset Management LLC bought a new stake in shares of Curtiss-Wright during the 1st quarter valued at $69,000. Finally, First Horizon Advisors Inc. grew its position in shares of Curtiss-Wright by 19.9% in the 2nd quarter. First Horizon Advisors Inc. now owns 325 shares of the aerospace company’s stock worth $159,000 after buying an additional 54 shares during the period. Institutional investors own 82.71% of the company’s stock.

Insiders Place Their Bets

In other Curtiss-Wright news, VP John C. Watts sold 1,110 shares of the company’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $480.50, for a total transaction of $533,355.00. Following the transaction, the vice president owned 3,863 shares in the company, valued at approximately $1,856,171.50. This represents a 22.32% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.55% of the company’s stock.

Analyst Upgrades and Downgrades

CW has been the subject of a number of recent research reports. Morgan Stanley lifted their price target on shares of Curtiss-Wright from $405.00 to $550.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Citigroup lifted their target price on shares of Curtiss-Wright from $525.00 to $568.00 and gave the company a “buy” rating in a report on Monday, July 14th. Stifel Nicolaus upped their price target on Curtiss-Wright from $457.00 to $502.00 and gave the stock a “hold” rating in a research note on Monday, October 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $625.00 price objective on shares of Curtiss-Wright in a research report on Wednesday, October 8th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Curtiss-Wright in a report on Wednesday, October 8th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $547.00.

Curtiss-Wright Price Performance

Shares of NYSE CW opened at $579.77 on Friday. The firm has a market cap of $21.84 billion, a P/E ratio of 48.93, a PEG ratio of 3.41 and a beta of 1.12. Curtiss-Wright Corporation has a twelve month low of $266.88 and a twelve month high of $612.28. The company has a quick ratio of 1.35, a current ratio of 1.95 and a debt-to-equity ratio of 0.35. The company has a 50 day moving average of $538.01 and a 200 day moving average of $481.40.

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

Curtiss-Wright Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 10th. Investors of record on Friday, September 26th were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 0.2%. The ex-dividend date was Friday, September 26th. Curtiss-Wright’s dividend payout ratio (DPR) is presently 8.10%.

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.