Midwest Trust Co Sells 2,057 Shares of Curtiss-Wright Corporation $CW

Midwest Trust Co trimmed its holdings in Curtiss-Wright Corporation (NYSE:CW) by 5.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 33,169 shares of the aerospace company’s stock after selling 2,057 shares during the quarter. Midwest Trust Co’s holdings in Curtiss-Wright were worth $18,285,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Crossmark Global Holdings Inc. lifted its holdings in shares of Curtiss-Wright by 12.7% in the 4th quarter. Crossmark Global Holdings Inc. now owns 2,949 shares of the aerospace company’s stock worth $1,626,000 after acquiring an additional 333 shares during the last quarter. Ballentine Partners LLC lifted its holdings in shares of Curtiss-Wright by 10.8% in the 4th quarter. Ballentine Partners LLC now owns 708 shares of the aerospace company’s stock worth $390,000 after acquiring an additional 69 shares during the last quarter. Diversify Wealth Management LLC lifted its holdings in shares of Curtiss-Wright by 5.4% in the 4th quarter. Diversify Wealth Management LLC now owns 5,374 shares of the aerospace company’s stock worth $2,963,000 after acquiring an additional 274 shares during the last quarter. Crestwood Advisors Group LLC bought a new stake in shares of Curtiss-Wright in the 4th quarter worth approximately $377,000. Finally, Sequoia Financial Advisors LLC lifted its holdings in shares of Curtiss-Wright by 12.5% in the 4th quarter. Sequoia Financial Advisors LLC now owns 11,959 shares of the aerospace company’s stock worth $6,593,000 after acquiring an additional 1,330 shares during the last quarter. 82.71% of the stock is currently owned by institutional investors.

Curtiss-Wright Stock Performance

Shares of CW stock opened at $728.36 on Friday. Curtiss-Wright Corporation has a 12 month low of $370.50 and a 12 month high of $750.00. The stock has a market cap of $26.88 billion, a PE ratio of 53.36, a price-to-earnings-growth ratio of 3.46 and a beta of 0.86. The company has a current ratio of 1.52, a quick ratio of 1.00 and a debt-to-equity ratio of 0.29. The company’s fifty day moving average price is $703.16 and its 200-day moving average price is $634.84.

Curtiss-Wright (NYSE:CW) last announced its earnings results on Wednesday, May 6th. The aerospace company reported $3.48 EPS for the quarter, beating analysts’ consensus estimates of $3.32 by $0.16. The firm had revenue of $913.69 million for the quarter, compared to analysts’ expectations of $863.83 million. Curtiss-Wright had a net margin of 14.17% and a return on equity of 20.00%. The company’s quarterly revenue was up 13.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.82 EPS. Curtiss-Wright has set its FY 2026 guidance at 14.900-15.300 EPS. On average, equities analysts expect that Curtiss-Wright Corporation will post 15.08 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on CW. Citigroup boosted their price objective on shares of Curtiss-Wright from $718.00 to $728.00 and gave the stock a “neutral” rating in a report on Thursday, April 2nd. 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. Stifel Nicolaus set a $724.00 price target on shares of Curtiss-Wright in a research report on Friday. Robert W. Baird set a $870.00 price target on shares of Curtiss-Wright in a research report on Friday. Finally, Wall Street Zen raised shares of Curtiss-Wright from a “hold” rating to a “buy” rating in a research report on Saturday, January 10th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $738.83.

Insider Buying and Selling

In other Curtiss-Wright news, COO Kevin Rayment sold 907 shares of the company’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $677.38, for a total transaction of $614,383.66. Following the transaction, the chief operating officer owned 31,493 shares in the company, valued at approximately $21,332,728.34. This represents a 2.80% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Gary A. Ogilby sold 252 shares of the company’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $689.14, for a total transaction of $173,663.28. Following the transaction, the vice president owned 2,571 shares in the company, valued at $1,771,778.94. This represents a 8.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 5,961 shares of company stock worth $4,039,279 over the last quarter. 0.51% of the stock is owned by insiders.

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.