Curtiss-Wright Q4 EPS Estimate Increased by Zacks Research

Curtiss-Wright Co. (NYSE:CW) – Stock analysts at Zacks Research boosted their Q4 2024 earnings estimates for Curtiss-Wright in a research report issued to clients and investors on Tuesday, December 17th. Zacks Research analyst R. Department now forecasts that the aerospace company will post earnings of $3.08 per share 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.

Other analysts also recently issued reports about the company. StockNews.com downgraded Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a research note on Monday, September 23rd. Deutsche Bank Aktiengesellschaft began coverage on Curtiss-Wright in a research report on Thursday, December 5th. They set a “buy” rating and a $452.00 price objective on the stock. Truist Financial boosted their target price on Curtiss-Wright from $304.00 to $333.00 and gave the stock a “hold” rating in a research report on Friday, November 1st. Stifel Nicolaus downgraded shares of Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 price target on the stock. in a report on Monday, November 18th. Finally, 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 report on Tuesday, November 5th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Curtiss-Wright has an average rating of “Moderate Buy” and an average target price of $379.00.

Curtiss-Wright Trading Up 1.9 %

NYSE:CW opened at $351.44 on Friday. Curtiss-Wright has a 52 week low of $212.05 and a 52 week high of $393.40. The stock has a market cap of $13.34 billion, a price-to-earnings ratio of 33.25, a PEG ratio of 2.96 and a beta of 1.18. The company’s 50 day moving average price is $364.09 and its 200-day moving average price is $318.86. 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 Announces Dividend

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

Insider Transactions at Curtiss-Wright

In other news, VP John C. Watts sold 412 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $359.55, for a total value of $148,134.60. Following the transaction, the vice president now owns 4,183 shares of the company’s stock, valued at $1,503,997.65. This trade represents a 8.97 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Lynn M. Bamford sold 7,129 shares of Curtiss-Wright stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $368.80, for a total value of $2,629,175.20. Following the transaction, the chief executive officer now directly owns 28,688 shares in the company, valued at approximately $10,580,134.40. The trade was a 19.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.67% of the company’s stock.

Institutional Investors Weigh In On Curtiss-Wright

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

About Curtiss-Wright

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.