Curtiss-Wright Corporation (NYSE:CW) VP Glenn E. Tynan sold 4,353 shares of the business’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $117.74, for a total transaction of $512,522.22. Following the completion of the sale, the vice president now directly owns 62,278 shares in the company, valued at $7,332,611.72. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Curtiss-Wright Corporation (NYSE CW) opened at $118.29 on Friday. The company has a quick ratio of 1.48, a current ratio of 2.08 and a debt-to-equity ratio of 0.55. The stock has a market cap of $5,220.02, a PE ratio of 24.75, a PEG ratio of 2.02 and a beta of 1.25. Curtiss-Wright Corporation has a fifty-two week low of $82.77 and a fifty-two week high of $120.54.
Curtiss-Wright Corporation (NYSE:CW) last issued its earnings results on Wednesday, October 25th. The aerospace company reported $1.43 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.22 by $0.21. The company had revenue of $567.90 million for the quarter, compared to analysts’ expectations of $539.28 million. Curtiss-Wright Corporation had a net margin of 9.70% and a return on equity of 15.60%. Curtiss-Wright Corporation’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.02 EPS. analysts predict that Curtiss-Wright Corporation will post 4.75 earnings per share for the current year.
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Several hedge funds have recently modified their holdings of the company. Neuberger Berman Group LLC raised its holdings in shares of Curtiss-Wright Corporation by 0.5% in the 2nd quarter. Neuberger Berman Group LLC now owns 3,297 shares of the aerospace company’s stock valued at $303,000 after purchasing an additional 18 shares during the period. World Asset Management Inc grew its stake in Curtiss-Wright Corporation by 1.2% in the 2nd quarter. World Asset Management Inc now owns 2,749 shares of the aerospace company’s stock valued at $252,000 after buying an additional 33 shares during the last quarter. Teacher Retirement System of Texas grew its stake in Curtiss-Wright Corporation by 1.4% in the 2nd quarter. Teacher Retirement System of Texas now owns 3,386 shares of the aerospace company’s stock valued at $311,000 after buying an additional 46 shares during the last quarter. Oakbrook Investments LLC grew its stake in Curtiss-Wright Corporation by 1.6% in the 2nd quarter. Oakbrook Investments LLC now owns 3,250 shares of the aerospace company’s stock valued at $298,000 after buying an additional 50 shares during the last quarter. Finally, State Treasurer State of Michigan grew its stake in Curtiss-Wright Corporation by 0.6% in the 2nd quarter. State Treasurer State of Michigan now owns 18,200 shares of the aerospace company’s stock valued at $1,670,000 after buying an additional 100 shares during the last quarter. 78.06% of the stock is currently owned by institutional investors.
Several equities research analysts have commented on CW shares. Stifel Nicolaus boosted their price target on shares of Curtiss-Wright Corporation from $117.00 to $124.00 and gave the stock a “hold” rating in a research report on Friday, October 27th. Zacks Investment Research cut shares of Curtiss-Wright Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, September 5th. SunTrust Banks, Inc. reissued a “buy” rating and set a $128.00 price target on shares of Curtiss-Wright Corporation in a research report on Friday, October 20th. Finally, Deutsche Bank AG reissued a “buy” rating and set a $125.00 price target on shares of Curtiss-Wright Corporation in a research report on Friday, October 6th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $126.67.
Curtiss-Wright Corporation Company Profile
Curtiss-Wright Corporation is a manufacturing and service company that designs, manufactures, and overhauls precision components and provides engineered products and services to the aerospace, defense, power generation and general industrial markets. The Company operates through three segments: Commercial/Industrial, Defense and Power.
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