Curtiss-Wright Corporation $CW Shares Acquired by Bessemer Group Inc.

Bessemer Group Inc. lifted its stake in shares of Curtiss-Wright Corporation (NYSE:CW) by 57.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 38,587 shares of the aerospace company’s stock after purchasing an additional 14,114 shares during the period. Bessemer Group Inc.’s holdings in Curtiss-Wright were worth $21,273,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Atlantic Union Bankshares Corp acquired a new position in shares of Curtiss-Wright during the 3rd quarter worth approximately $26,000. Larson Financial Group LLC lifted its holdings in Curtiss-Wright by 53.8% in the third quarter. Larson Financial Group LLC now owns 60 shares of the aerospace company’s stock valued at $33,000 after acquiring an additional 21 shares during the last quarter. First Horizon Corp acquired a new position in Curtiss-Wright in the third quarter valued at approximately $34,000. Sunbelt Securities Inc. acquired a new position in Curtiss-Wright in the third quarter valued at approximately $43,000. Finally, V Square Quantitative Management LLC acquired a new position in Curtiss-Wright in the fourth quarter valued at approximately $45,000. 82.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Curtiss-Wright news, COO Kevin Rayment sold 907 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $677.38, for a total value of $614,383.66. Following the sale, the chief operating officer owned 31,493 shares of the company’s stock, valued at $21,332,728.34. The trade was a 2.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Lynn M. Bamford sold 3,225 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $676.70, for a total value of $2,182,357.50. Following the completion of the sale, the chief executive officer directly owned 50,634 shares in the company, valued at approximately $34,264,027.80. The trade was a 5.99% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 5,961 shares of company stock valued at $4,039,279 over the last quarter. 0.51% of the stock is owned by corporate insiders.

Curtiss-Wright Stock Down 4.7%

Shares of NYSE CW opened at $715.22 on Friday. The firm has a market cap of $26.42 billion, a price-to-earnings ratio of 52.40, a PEG ratio of 3.30 and a beta of 0.86. The company has a quick ratio of 1.05, a current ratio of 1.52 and a debt-to-equity ratio of 0.29. Curtiss-Wright Corporation has a 52-week low of $405.43 and a 52-week high of $760.72. The business’s 50 day moving average is $706.58 and its two-hundred day moving average is $641.80.

Curtiss-Wright (NYSE:CW) last announced its earnings results on Wednesday, May 6th. The aerospace company reported $3.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.32 by $0.16. The company had revenue of $913.69 million for the quarter, compared to analyst estimates of $863.83 million. Curtiss-Wright had a return on equity of 20.00% and a net margin of 14.17%.The firm’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.82 earnings per share. Curtiss-Wright has set its FY 2026 guidance at 14.900-15.300 EPS. Research analysts predict that Curtiss-Wright Corporation will post 15.15 EPS for the current year.

Curtiss-Wright Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, July 6th. Shareholders of record on Monday, June 15th will be given a $0.24 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.96 dividend on an annualized basis and a yield of 0.1%. Curtiss-Wright’s payout ratio is presently 7.62%.

Analyst Ratings Changes

CW has been the topic of a number of recent analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Curtiss-Wright in a report on Wednesday. Citigroup upped their price objective on Curtiss-Wright from $718.00 to $728.00 and gave the company a “neutral” rating in a report on Thursday, April 2nd. Stifel Nicolaus set a $724.00 price objective on Curtiss-Wright in a report on Friday, May 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $748.00 price objective on shares of Curtiss-Wright in a report on Tuesday, February 17th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $760.00 price objective on shares of Curtiss-Wright in a report on Friday, February 13th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $738.83.

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.