Swiss Life Asset Management Ltd Has $1.39 Million Holdings in Curtiss-Wright Corporation $CW

Swiss Life Asset Management Ltd boosted its stake in Curtiss-Wright Corporation (NYSE:CW) by 43.9% in the fourth quarter, Holdings Channel reports. The firm owned 2,519 shares of the aerospace company’s stock after purchasing an additional 769 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in Curtiss-Wright were worth $1,389,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Massachusetts Financial Services Co. MA increased its stake in Curtiss-Wright by 31.5% in the third quarter. Massachusetts Financial Services Co. MA now owns 728,745 shares of the aerospace company’s stock valued at $395,665,000 after acquiring an additional 174,592 shares during the last quarter. AQR Capital Management LLC increased its stake in Curtiss-Wright by 45.8% in the second quarter. AQR Capital Management LLC now owns 388,493 shares of the aerospace company’s stock valued at $189,468,000 after acquiring an additional 122,048 shares during the last quarter. Freestone Grove Partners LP bought a new position in Curtiss-Wright in the third quarter valued at approximately $62,320,000. Swedbank AB increased its stake in Curtiss-Wright by 21,101.8% in the fourth quarter. Swedbank AB now owns 93,500 shares of the aerospace company’s stock valued at $51,544,000 after acquiring an additional 93,059 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. bought a new position in Curtiss-Wright in the fourth quarter valued at approximately $51,089,000. Institutional investors and hedge funds own 82.71% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Curtiss-Wright in a research note on Wednesday. Robert W. Baird set a $870.00 price objective on Curtiss-Wright in a research note on Friday, May 8th. Stifel Nicolaus set a $724.00 price objective on Curtiss-Wright in a research note on Friday, May 8th. Morgan Stanley reaffirmed an “overweight” rating and issued a $760.00 price objective on shares of Curtiss-Wright in a research note on Friday, February 13th. Finally, Citigroup increased their price objective on shares of Curtiss-Wright from $718.00 to $728.00 and gave the company a “neutral” rating in a research note on Thursday, April 2nd. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $738.83.

Insider Activity

In other Curtiss-Wright news, COO Kevin Rayment sold 907 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $677.38, for a total transaction of $614,383.66. Following the sale, the chief operating officer directly owned 31,493 shares of the company’s stock, valued at $21,332,728.34. The trade was a 2.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Gary A. Ogilby sold 252 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $689.14, for a total transaction of $173,663.28. Following the sale, the vice president directly owned 2,571 shares in the company, valued at $1,771,778.94. The trade was a 8.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 5,961 shares of company stock worth $4,039,279. Company insiders own 0.51% of the company’s stock.

Curtiss-Wright Price Performance

Shares of CW opened at $715.22 on Friday. Curtiss-Wright Corporation has a 12-month low of $405.43 and a 12-month high of $760.72. The business has a 50-day simple moving average of $706.58 and a two-hundred day simple moving average of $641.80. 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 cap of $26.42 billion, a PE ratio of 52.40, a PEG ratio of 3.48 and a beta of 0.86.

Curtiss-Wright (NYSE:CW) last issued its earnings results on Wednesday, May 6th. The aerospace company reported $3.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $863.83 million. During the same quarter in the prior year, the firm earned $2.82 EPS. The business’s revenue for the quarter 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. Analysts anticipate that Curtiss-Wright Corporation will post 15.15 earnings per share for the current fiscal year.

Curtiss-Wright Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 6th. Shareholders of record on Monday, June 15th will be issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Monday, June 15th. Curtiss-Wright’s payout ratio 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.