First Commonwealth Financial Corp PA decreased its holdings in shares of Curtiss-Wright Corporation (NYSE:CW – Free Report) by 61.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 478 shares of the aerospace company’s stock after selling 775 shares during the quarter. First Commonwealth Financial Corp PA’s holdings in Curtiss-Wright were worth $260,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of the business. Goldman Sachs Group Inc. lifted its holdings in shares of Curtiss-Wright by 10.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 213,101 shares of the aerospace company’s stock worth $67,611,000 after purchasing an additional 20,379 shares during the last quarter. Sivia Capital Partners LLC bought a new position in Curtiss-Wright during the 2nd quarter worth $235,000. Allworth Financial LP increased its position in Curtiss-Wright by 155.8% in the second quarter. Allworth Financial LP now owns 110 shares of the aerospace company’s stock worth $54,000 after buying an additional 67 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in Curtiss-Wright by 7.6% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 9,683 shares of the aerospace company’s stock worth $4,731,000 after buying an additional 681 shares during the period. Finally, Creative Planning lifted its stake in Curtiss-Wright by 30.4% in the second quarter. Creative Planning now owns 5,572 shares of the aerospace company’s stock valued at $2,722,000 after buying an additional 1,300 shares during the last quarter. Institutional investors own 82.71% of the company’s stock.
Curtiss-Wright Stock Performance
NYSE:CW opened at $689.34 on Thursday. The company has a 50-day moving average of $669.63 and a 200-day moving average of $589.58. The firm has a market cap of $25.42 billion, a price-to-earnings ratio of 53.56, a price-to-earnings-growth ratio of 3.31 and a beta of 0.91. The company has a current ratio of 1.44, a quick ratio of 1.00 and a debt-to-equity ratio of 0.30. Curtiss-Wright Corporation has a twelve month low of $266.88 and a twelve month high of $730.12.
Curtiss-Wright Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 13th. Stockholders of record on Thursday, March 26th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Thursday, March 26th. Curtiss-Wright’s dividend payout ratio is 7.46%.
Insider Activity at Curtiss-Wright
In other news, EVP John C. Watts sold 220 shares of the business’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $678.11, for a total transaction of $149,184.20. Following the sale, the executive vice president directly owned 4,182 shares of the company’s stock, valued at $2,835,856.02. The trade was a 5.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP George P. Mcdonald sold 151 shares of the company’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $678.07, for a total value of $102,388.57. Following the sale, the vice president directly owned 4,210 shares of the company’s stock, valued at approximately $2,854,674.70. This represents a 3.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 22,978 shares of company stock worth $14,662,714. 0.55% of the stock is owned by corporate insiders.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on CW. Truist Financial set a $603.00 price target on shares of Curtiss-Wright in a report on Friday, January 9th. Citigroup increased their price objective on shares of Curtiss-Wright from $661.00 to $718.00 and gave the stock a “neutral” rating in a report on Friday, February 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $748.00 price objective on shares of Curtiss-Wright in a research report on Tuesday, February 17th. Stifel Nicolaus upped their target price on shares of Curtiss-Wright from $625.00 to $650.00 and gave the stock a “hold” rating in a research report on Friday, February 13th. Finally, Wall Street Zen upgraded shares of Curtiss-Wright from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Curtiss-Wright currently has an average rating of “Moderate Buy” and a consensus target price of $663.17.
Check Out Our Latest Analysis on CW
Key Curtiss-Wright News
Here are the key news stories impacting Curtiss-Wright this week:
- Neutral Sentiment: Barron’s published a research/ratings update on Curtiss‑Wright; this is informational and may provide fresh analyst context but contains no single catalyst by itself. Barron’s Research/Ratings
- Negative Sentiment: Multiple senior executives (CEO, CFO, COO, several VPs/EVP) sold shares on March 17 — roughly 5,709 shares collectively for about $3.87M, reducing insider stakes modestly. Insider sales after a strong run can be interpreted as profit‑taking and may weigh on sentiment even though insiders retain large positions. SEC filings: CEO Lynn Bamford; CFO K. Christopher Farkas; COO Kevin Rayment; VP George McDonald; VP Gary Ogilby; VP Robert Freda; EVP John Watts. CEO Form 4 CFO Form 4 COO Form 4 VP McDonald Form 4 VP Ogilby Form 4 VP Freda Form 4 EVP Watts Form 4
- Negative Sentiment: A Seeking Alpha contributor downgraded Curtiss‑Wright after its strong run, arguing valuation/execution risks could justify caution; such published downgrades can pressure momentum stocks and prompt re‑rating conversations among investors. Seeking Alpha Downgrade
About Curtiss-Wright
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.
See Also
Receive News & Ratings for Curtiss-Wright Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Curtiss-Wright and related companies with MarketBeat.com's FREE daily email newsletter.
