Zacks Research Expects Lower Earnings for Curtiss-Wright

Curtiss-Wright Co. (NYSE:CW) – Zacks Research dropped their Q4 2024 earnings estimates for Curtiss-Wright in a report released on Wednesday, November 20th. Zacks Research analyst R. Department now expects that the aerospace company will earn $3.04 per share for the quarter, down from their previous estimate of $3.18. The consensus estimate for Curtiss-Wright’s current full-year earnings is $10.71 per share. Zacks Research also issued estimates for Curtiss-Wright’s Q3 2025 earnings at $2.88 EPS and Q3 2026 earnings at $3.09 EPS.

A number of other research firms have also recently commented on CW. Morgan Stanley increased their target price on Curtiss-Wright from $334.00 to $395.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 5th. Alembic Global Advisors began coverage on shares of Curtiss-Wright in a research report on Tuesday, October 29th. They set an “overweight” rating and a $412.00 target price for the company. Truist Financial upped their price target on Curtiss-Wright from $304.00 to $333.00 and gave the stock a “hold” rating in a research report on Friday, November 1st. StockNews.com lowered shares of Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a research report on Monday, September 23rd. Finally, Robert W. Baird raised their price objective on shares of Curtiss-Wright from $300.00 to $312.00 and gave the company an “outperform” rating in a research report on Friday, August 9th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $364.40.

Curtiss-Wright Stock Up 0.1 %

CW stock opened at $371.35 on Monday. Curtiss-Wright has a fifty-two week low of $209.01 and a fifty-two week high of $393.40. The company has a market capitalization of $14.09 billion, a price-to-earnings ratio of 35.13 and a beta of 1.17. The business’s 50 day moving average price is $350.07 and its two-hundred day moving average price is $307.94. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 1.98.

Curtiss-Wright Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 3rd. Investors of record on Friday, November 22nd will be issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 0.23%. The ex-dividend date of this dividend is Friday, November 22nd. Curtiss-Wright’s payout ratio is currently 7.95%.

Insider Transactions at Curtiss-Wright

In other Curtiss-Wright news, VP John C. Watts sold 412 shares of the stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $359.55, for a total transaction of $148,134.60. Following the transaction, the vice president now directly owns 4,183 shares in the company, valued at $1,503,997.65. This represents a 8.97 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.67% of the company’s stock.

Hedge Funds Weigh In On Curtiss-Wright

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC grew its holdings in shares of Curtiss-Wright by 32,425.8% during the third quarter. International Assets Investment Management LLC now owns 404,946 shares of the aerospace company’s stock valued at $133,102,000 after buying an additional 403,701 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in Curtiss-Wright by 30,079.2% in the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 302,396 shares of the aerospace company’s stock worth $81,943,000 after buying an additional 301,394 shares during the last quarter. Congress Asset Management Co. boosted its stake in shares of Curtiss-Wright by 136.8% in the third quarter. Congress Asset Management Co. now owns 459,074 shares of the aerospace company’s stock worth $150,893,000 after acquiring an additional 265,205 shares during the last quarter. Assenagon Asset Management S.A. acquired a new stake in Curtiss-Wright during the 2nd quarter worth $41,383,000. Finally, World Investment Advisors LLC purchased a new stake in Curtiss-Wright during the 3rd quarter valued at about $47,220,000. Hedge funds and other institutional investors own 82.71% of the company’s stock.

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.