Curtiss-Wright (NYSE:CW – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 14.900-15.300 for the period, compared to the consensus EPS estimate of 15.060. The company issued revenue guidance of $3.7 billion-$3.8 billion, compared to the consensus revenue estimate of $3.8 billion.
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on CW. Stifel Nicolaus raised their price target on shares of Curtiss-Wright from $650.00 to $723.00 and gave the company a “hold” rating in a report on Tuesday, April 14th. Wall Street Zen raised Curtiss-Wright from a “hold” rating to a “buy” rating in a report on Saturday, January 10th. Morgan Stanley reaffirmed an “overweight” rating and set a $760.00 target price on shares of Curtiss-Wright in a research report on Friday, February 13th. Citigroup lifted their price target on shares of Curtiss-Wright from $718.00 to $728.00 and gave the company a “neutral” rating in a research report on Thursday, April 2nd. Finally, Truist Financial set a $603.00 price objective on shares of Curtiss-Wright in a research note on Friday, January 9th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Curtiss-Wright has an average rating of “Moderate Buy” and an average target price of $677.00.
Check Out Our Latest Analysis on CW
Curtiss-Wright Stock Performance
Curtiss-Wright (NYSE:CW – Get Free Report) last released its earnings results on Wednesday, May 6th. The aerospace company reported $3.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.32 by $0.16. Curtiss-Wright had a return on equity of 19.28% and a net margin of 13.84%.Curtiss-Wright has set its FY 2026 guidance at 14.900-15.300 EPS. On average, sell-side analysts expect that Curtiss-Wright will post 15.06 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, CFO K Christopher Farkas sold 918 shares of the business’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $677.46, for a total transaction of $621,908.28. Following the transaction, the chief financial officer owned 5,518 shares of the company’s stock, valued at approximately $3,738,224.28. The trade was a 14.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Lynn M. Bamford sold 3,225 shares of the company’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $676.70, for a total transaction of $2,182,357.50. Following the transaction, the chief executive officer owned 50,634 shares of the company’s stock, valued at approximately $34,264,027.80. The trade was a 5.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 6,586 shares of company stock valued at $4,429,479 in the last 90 days. 0.51% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Curtiss-Wright
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. grew its holdings in shares of Curtiss-Wright by 10.6% during 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 in the last quarter. Sivia Capital Partners LLC acquired a new position in shares of Curtiss-Wright in the second quarter valued at $235,000. Northwestern Mutual Wealth Management Co. lifted its position in Curtiss-Wright by 53.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 100 shares of the aerospace company’s stock worth $49,000 after purchasing an additional 35 shares during the period. Marshall Wace LLP bought a new position in Curtiss-Wright in the second quarter worth $5,423,000. Finally, Cresset Asset Management LLC boosted its stake in Curtiss-Wright by 46.4% during the second quarter. Cresset Asset Management LLC now owns 1,442 shares of the aerospace company’s stock worth $705,000 after buying an additional 457 shares in the last quarter. 82.71% of the stock is currently owned by institutional investors.
Curtiss-Wright Company 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.
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