Curtiss-Wright Q4 EPS Forecast Decreased by Zacks Research

Curtiss-Wright Co. (NYSE:CW) – Analysts at Zacks Research lowered their Q4 2024 earnings per share (EPS) estimates for Curtiss-Wright in a note issued to investors on Wednesday, November 20th. Zacks Research analyst R. Department now expects that the aerospace company will earn $3.04 per share for the quarter, down from their previous estimate of $3.18. The consensus estimate for Curtiss-Wright’s current full-year earnings is $10.71 per share. Zacks Research also issued estimates for Curtiss-Wright’s Q3 2025 earnings at $2.88 EPS and Q3 2026 earnings at $3.09 EPS.

A number of other brokerages have also recently commented on CW. Morgan Stanley upped their price target on Curtiss-Wright from $334.00 to $395.00 and gave the company an “overweight” rating in a research note on Tuesday, November 5th. StockNews.com downgraded shares of Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a research note on Monday, September 23rd. Alembic Global Advisors began coverage on Curtiss-Wright in a report on Tuesday, October 29th. They set an “overweight” rating and a $412.00 price target for the company. Truist Financial upped their target price on Curtiss-Wright from $304.00 to $333.00 and gave the company a “hold” rating in a research report on Friday, November 1st. Finally, Robert W. Baird raised their price objective on Curtiss-Wright from $300.00 to $312.00 and gave the company an “outperform” rating in a research note on Friday, August 9th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Curtiss-Wright presently has a consensus rating of “Moderate Buy” and a consensus target price of $364.40.

Curtiss-Wright Stock Up 0.9 %

Shares of NYSE CW opened at $370.82 on Monday. The stock has a market cap of $14.07 billion, a PE ratio of 35.08 and a beta of 1.17. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 1.98. Curtiss-Wright has a 52-week low of $209.01 and a 52-week high of $393.40. The business has a fifty day moving average of $348.89 and a two-hundred day moving average of $307.28.

Hedge Funds Weigh In On Curtiss-Wright

Institutional investors have recently bought and sold shares of the business. Signaturefd LLC raised its holdings in shares of Curtiss-Wright by 7.8% in the 3rd quarter. Signaturefd LLC now owns 401 shares of the aerospace company’s stock valued at $132,000 after purchasing an additional 29 shares in the last quarter. CIBC Asset Management Inc increased its holdings in shares of Curtiss-Wright by 3.5% in the third quarter. CIBC Asset Management Inc now owns 1,103 shares of the aerospace company’s stock valued at $363,000 after purchasing an additional 37 shares during the period. OneDigital Investment Advisors LLC increased its holdings in Curtiss-Wright by 3.3% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 1,162 shares of the aerospace company’s stock worth $382,000 after buying an additional 37 shares during the period. Pathstone Holdings LLC lifted its position in Curtiss-Wright by 1.0% during the third quarter. Pathstone Holdings LLC now owns 4,388 shares of the aerospace company’s stock valued at $1,442,000 after purchasing an additional 45 shares during the period. Finally, Dorsey Wright & Associates lifted its holdings in shares of Curtiss-Wright by 0.4% in the 2nd quarter. Dorsey Wright & Associates now owns 13,002 shares of the aerospace company’s stock valued at $3,523,000 after buying an additional 47 shares during the period. Institutional investors own 82.71% of the company’s stock.

Insider Buying and Selling at Curtiss-Wright

In other news, VP John C. Watts sold 412 shares of Curtiss-Wright stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $359.55, for a total transaction of $148,134.60. Following the transaction, the vice president now owns 4,183 shares in the company, valued at $1,503,997.65. This trade represents a 8.97 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.67% of the stock is currently owned by corporate insiders.

Curtiss-Wright Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 3rd. Shareholders of record on Friday, November 22nd will be given a $0.21 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.84 annualized dividend and a yield of 0.23%. Curtiss-Wright’s payout ratio is currently 7.95%.

Curtiss-Wright Company Profile

Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services mainly to aerospace and defense, commercial power, process, and industrial markets worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power.