Curtiss-Wright Corporation $CW Shares Sold by TimesSquare Capital Management LLC

TimesSquare Capital Management LLC lowered its holdings in Curtiss-Wright Corporation (NYSE:CW) by 5.1% in the fourth quarter, HoldingsChannel reports. The firm owned 164,677 shares of the aerospace company’s stock after selling 8,870 shares during the quarter. Curtiss-Wright makes up approximately 1.4% of TimesSquare Capital Management LLC’s holdings, making the stock its 17th biggest holding. TimesSquare Capital Management LLC’s holdings in Curtiss-Wright were worth $90,781,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Atlantic Union Bankshares Corp acquired a new position in shares of Curtiss-Wright in the third quarter valued at approximately $26,000. Larson Financial Group LLC grew its holdings in shares of 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 purchasing an additional 21 shares in the last quarter. Elyxium Wealth LLC acquired a new position in shares of Curtiss-Wright in the fourth quarter valued at approximately $43,000. Sunbelt Securities Inc. acquired a new position in shares of Curtiss-Wright in the third quarter valued at approximately $43,000. Finally, V Square Quantitative Management LLC acquired a new position in shares of Curtiss-Wright in the fourth quarter valued at approximately $45,000. Institutional investors and hedge funds own 82.71% of the company’s stock.

Wall Street Analyst Weigh In

CW has been the subject of a number of research reports. Citigroup lifted their price objective on shares of Curtiss-Wright from $728.00 to $775.00 and gave the company a “neutral” rating in a report on Monday. Stifel Nicolaus set a $724.00 price objective on shares of Curtiss-Wright in a report on Friday, May 8th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $748.00 price objective on shares of Curtiss-Wright in a report on Tuesday, February 17th. Weiss Ratings restated a “buy (b)” rating on shares of Curtiss-Wright in a report on Wednesday, May 13th. Finally, Robert W. Baird set a $870.00 price objective on shares of Curtiss-Wright in a report on Friday, May 8th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Curtiss-Wright has a consensus rating of “Moderate Buy” and an average price target of $746.67.

Curtiss-Wright Trading Down 0.3%

Shares of NYSE:CW opened at $710.69 on Tuesday. Curtiss-Wright Corporation has a 52 week low of $405.70 and a 52 week high of $760.72. The company’s 50 day moving average is $707.21 and its two-hundred day moving average is $643.12. The company has a current ratio of 1.52, a quick ratio of 1.05 and a debt-to-equity ratio of 0.29. The company has a market cap of $26.25 billion, a PE ratio of 52.07, a P/E/G ratio of 3.30 and a beta of 0.86.

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

Curtiss-Wright Announces Dividend

The company also recently disclosed 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 dividend yield of 0.1%. Curtiss-Wright’s dividend payout ratio is currently 7.03%.

Insider Buying and Selling

In other news, VP Gary A. Ogilby sold 252 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $689.14, for a total transaction of $173,663.28. Following the completion of the sale, the vice president owned 2,571 shares in the company, valued at approximately $1,771,778.94. The trade was a 8.93% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP George P. Mcdonald sold 151 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $678.07, for a total transaction of $102,388.57. Following the sale, the vice president owned 4,210 shares of the company’s stock, valued at $2,854,674.70. This represents a 3.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 5,961 shares of company stock worth $4,039,279. Corporate insiders own 0.51% of the company’s stock.

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.