Northwestern Mutual Wealth Management Co. Grows Stake in Curtiss-Wright Corporation $CW

Northwestern Mutual Wealth Management Co. grew its stake in shares of Curtiss-Wright Corporation (NYSE:CW) by 39,282.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 64,587 shares of the aerospace company’s stock after buying an additional 64,423 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Curtiss-Wright were worth $35,605,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. BI Asset Management Fondsmaeglerselskab A S purchased a new position in Curtiss-Wright during the third quarter worth $2,781,000. SG Americas Securities LLC increased its position in Curtiss-Wright by 738.8% during the fourth quarter. SG Americas Securities LLC now owns 26,003 shares of the aerospace company’s stock worth $14,335,000 after buying an additional 22,903 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new position in Curtiss-Wright during the third quarter worth $37,812,000. Inscription Capital LLC increased its position in Curtiss-Wright by 248.3% during the third quarter. Inscription Capital LLC now owns 2,553 shares of the aerospace company’s stock worth $1,386,000 after buying an additional 1,820 shares in the last quarter. Finally, Grove Bank & Trust purchased a new position in Curtiss-Wright during the fourth quarter worth $1,104,000. Hedge funds and other institutional investors own 82.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on CW shares. Robert W. Baird set a $870.00 price target on Curtiss-Wright in a research report on Friday, May 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $748.00 price target on shares of Curtiss-Wright in a research report on Tuesday, February 17th. Morgan Stanley reissued an “overweight” rating and set a $760.00 price target on shares of Curtiss-Wright in a research report on Friday, February 13th. Weiss Ratings restated a “buy (b)” rating on shares of Curtiss-Wright in a report on Wednesday, May 13th. Finally, Stifel Nicolaus set a $724.00 price objective on Curtiss-Wright in a report on Friday, May 8th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Curtiss-Wright currently has an average rating of “Moderate Buy” and a consensus price target of $746.67.

Insider Transactions at Curtiss-Wright

In related news, VP Gary A. Ogilby sold 252 shares of Curtiss-Wright stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $689.14, for a total value of $173,663.28. Following the transaction, the vice president owned 2,571 shares in the company, valued at approximately $1,771,778.94. This trade represents a 8.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Lynn M. Bamford sold 3,225 shares of Curtiss-Wright stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $676.70, for a total value of $2,182,357.50. Following the completion of the transaction, the chief executive officer owned 50,634 shares in the company, valued at $34,264,027.80. The trade was a 5.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 5,961 shares of company stock valued at $4,039,279 in the last ninety days. Company insiders own 0.51% of the company’s stock.

Curtiss-Wright Price Performance

CW stock 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 stock’s fifty day simple moving average is $707.21 and its 200-day simple moving average is $643.12. The company has a quick ratio of 1.05, a current ratio of 1.52 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $26.25 billion, a price-to-earnings ratio of 52.07, a price-to-earnings-growth ratio of 3.30 and a beta of 0.86.

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

Curtiss-Wright Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, July 6th. Investors of record on Monday, June 15th will be issued a $0.24 dividend. The ex-dividend date is 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 (DPR) is presently 7.03%.

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.