PensionDanmark Pensionsforsikringsaktieselskab Acquires 1,386 Shares of Curtiss-Wright Corporation $CW

PensionDanmark Pensionsforsikringsaktieselskab lifted its holdings in Curtiss-Wright Corporation (NYSE:CW) by 27.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,406 shares of the aerospace company’s stock after purchasing an additional 1,386 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Curtiss-Wright were worth $4,854,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. CWM LLC lifted its holdings in Curtiss-Wright by 75.8% in the 4th quarter. CWM LLC now owns 18,425 shares of the aerospace company’s stock worth $10,157,000 after purchasing an additional 7,944 shares during the last quarter. Pacer Advisors Inc. boosted its position in Curtiss-Wright by 114.8% during the fourth quarter. Pacer Advisors Inc. now owns 10,759 shares of the aerospace company’s stock worth $5,931,000 after purchasing an additional 5,749 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd acquired a new position in Curtiss-Wright during the fourth quarter valued at approximately $1,104,000. Northwestern Mutual Wealth Management Co. grew its holdings in Curtiss-Wright by 39,282.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 64,587 shares of the aerospace company’s stock valued at $35,605,000 after purchasing an additional 64,423 shares during the last quarter. Finally, M&T Bank Corp raised its position in shares of Curtiss-Wright by 5,993.0% in the fourth quarter. M&T Bank Corp now owns 77,868 shares of the aerospace company’s stock valued at $42,926,000 after purchasing an additional 76,590 shares during the period. 82.71% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Curtiss-Wright

In other news, CEO Lynn M. Bamford sold 2,500 shares of the company’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $721.72, for a total transaction of $1,804,300.00. Following the completion of the transaction, the chief executive officer owned 48,134 shares of the company’s stock, valued at approximately $34,739,270.48. This represents a 4.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Gary A. Ogilby sold 399 shares of the stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $721.95, for a total transaction of $288,058.05. Following the completion of the sale, the vice president owned 2,172 shares of the company’s stock, valued at approximately $1,568,075.40. The trade was a 15.52% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 3,119 shares of company stock valued at $2,257,998 in the last ninety days. Company insiders own 0.51% of the company’s stock.

Curtiss-Wright Stock Down 0.2%

Shares of CW stock opened at $690.27 on Monday. Curtiss-Wright Corporation has a 12 month low of $464.91 and a 12 month high of $808.16. The firm has a market cap of $25.50 billion, a PE ratio of 47.51, a price-to-earnings-growth ratio of 3.16 and a beta of 0.87. The stock has a 50 day moving average of $744.52 and a 200-day moving average of $714.33. The company has a quick ratio of 1.12, a current ratio of 1.60 and a debt-to-equity ratio of 0.27.

Curtiss-Wright (NYSE:CW) last posted its quarterly earnings data on Wednesday, August 5th. The aerospace company reported $3.72 earnings per share for the quarter, beating the consensus estimate of $3.62 by $0.10. The company had revenue of $924.01 million during the quarter, compared to analysts’ expectations of $926.17 million. Curtiss-Wright had a return on equity of 20.49% and a net margin of 14.81%.Curtiss-Wright’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same period in the prior year, the business earned $3.23 earnings per share. Curtiss-Wright has set its FY 2026 guidance at 15.100-15.400 EPS. On average, equities analysts predict that Curtiss-Wright Corporation will post 15.24 EPS for the current year.

Curtiss-Wright Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Monday, June 15th were issued a $0.24 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.96 dividend on an annualized basis and a yield of 0.1%. Curtiss-Wright’s dividend payout ratio is 7.16%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Weiss Ratings cut shares of Curtiss-Wright from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday. Robert W. Baird set a $870.00 target price on shares of Curtiss-Wright in a research note on Friday, May 8th. Morgan Stanley reiterated an “overweight” rating and issued a $860.00 target price on shares of Curtiss-Wright in a report on Wednesday, July 15th. Stifel Nicolaus boosted their target price on shares of Curtiss-Wright from $724.00 to $768.00 and gave the stock a “hold” rating in a research report on Monday, July 20th. Finally, Citigroup upped their price target on shares of Curtiss-Wright from $775.00 to $793.00 and gave the company a “neutral” rating in a report on Wednesday, July 1st. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Curtiss-Wright currently has a consensus rating of “Moderate Buy” and a consensus price target of $773.67.

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.