Curtiss-Wright (NYSE:CW) Releases Quarterly Earnings Results, Beats Estimates By $0.18 EPS

Curtiss-Wright (NYSE:CW) issued its quarterly earnings results on Wednesday. The aerospace company reported $3.94 earnings per share for the quarter, topping the consensus estimate of $3.76 by $0.18, Zacks reports. Curtiss-Wright had a net margin of 14.86% and a return on equity of 20.91%. The company had revenue of $953.00 million during the quarter, compared to analysts’ expectations of $935.09 million. During the same period last year, the business earned $3.31 EPS. The business’s quarterly revenue was up 9.6% on a year-over-year basis.

Curtiss-Wright Price Performance

Curtiss-Wright stock traded up $30.23 during trading hours on Friday, hitting $464.10. The stock had a trading volume of 381,841 shares, compared to its average volume of 326,106. The stock’s fifty day moving average is $528.12 and its two-hundred day moving average is $664.43. The stock has a market capitalization of $17.14 billion, a price-to-earnings ratio of 31.01, a PEG ratio of 1.89 and a beta of 0.94. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.60 and a quick ratio of 1.12. Curtiss-Wright has a 1-year low of $432.70 and a 1-year high of $808.16.

Curtiss-Wright Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 9th. Investors of record on Friday, September 25th were issued a dividend of $0.26 per share. This is a boost from Curtiss-Wright’s previous quarterly dividend of $0.24. This represents a $1.04 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, September 25th. Curtiss-Wright’s dividend payout ratio is 7.16%.

Analyst Ratings Changes

Several research analysts have commented on CW shares. Deutsche Bank Aktiengesellschaft set a $801.00 target price on Curtiss-Wright in a research note on Wednesday, August 12th. Guggenheim lowered their target price on shares of Curtiss-Wright from $786.00 to $674.00 and set a “buy” rating for the company in a report on Friday. Weiss Ratings downgraded shares of Curtiss-Wright from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, September 4th. Stifel Nicolaus decreased their target price on Curtiss-Wright from $700.00 to $518.00 and set a “hold” rating for the company in a research report on Monday, October 19th. Finally, Citigroup cut their price objective on Curtiss-Wright from $793.00 to $622.00 and set a “neutral” rating for the company in a report on Wednesday, October 7th. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Curtiss-Wright currently has a consensus rating of “Moderate Buy” and an average target price of $657.12.

More Curtiss-Wright News

Here are the key news stories impacting Curtiss-Wright this week:

• Positive Sentiment: Curtiss-Wright beat Q3 estimates: adjusted EPS was $3.94 versus $3.76 expected, while revenue of $953 million exceeded expectations and rose 9.6% year over year. The company also raised its full-year 2026 sales-growth outlook to 8%–10%; backlog increased 12% year to date to $4.6 billion. Curtiss-Wright Q3 results and guidance
• Positive Sentiment: The company also secured $225 million in U.S. Navy contracts, adding to its defense-business support. Curtiss-Wright wins Navy contracts
• Neutral Sentiment: Guggenheim lowered its price target from $786 to $674 but kept a “buy” rating, leaving a substantially higher target than the quoted share price. The target cut is a cautionary signal, tempered by the retained positive rating. Guggenheim recommendations
• Negative Sentiment: Piper Sandler cut its target from $586 to $544 and maintained a “neutral” rating. The revision may pressure sentiment despite the target still implying potential upside from the quoted price. Piper Sandler recommendations

Insider Transactions at Curtiss-Wright

In related news, Director Larry D. Wyche sold 100 shares of the firm’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $596.74, for a total transaction of $59,674.00. Following the transaction, the director owned 1,414 shares in the company, valued at $843,790.36. This trade represents a 6.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John Watts sold 1,035 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $619.46, for a total value of $641,141.10. Following the completion of the sale, the executive vice president directly owned 2,736 shares of the company’s stock, valued at approximately $1,694,842.56. The trade was a 27.45% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.51% of the company’s stock.

Curtiss-Wright Company Profile

Curtiss-Wright Corporation (NYSE: CW) is a diversified industrial company that provides highly engineered products and services to the aerospace, defense, commercial nuclear power, and general industrial markets. The company designs and manufactures equipment used in applications that require reliable performance in demanding operating environments.

Its products and technologies include motion-control systems, valves, pumps, actuation equipment, sensors, data-acquisition systems, embedded computing products, and aircraft structural components.