Curtiss-Wright Q4 EPS Forecast Decreased by Zacks Research

Curtiss-Wright Co. (NYSE:CW) – Zacks Research dropped their Q4 2024 earnings per share estimates for shares of Curtiss-Wright in a note issued to investors on Wednesday, November 20th. Zacks Research analyst R. Department now forecasts 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 equities analysts have also recently commented on CW. StockNews.com cut shares of Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a research note on Monday, September 23rd. Truist Financial boosted 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. Morgan Stanley increased their price target on Curtiss-Wright from $334.00 to $395.00 and gave the stock an “overweight” rating in a report on Tuesday, November 5th. Robert W. Baird boosted their price objective on Curtiss-Wright from $300.00 to $312.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Finally, Stifel Nicolaus lowered Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 target price on the stock. in a research note on Monday, November 18th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $364.40.

Curtiss-Wright Stock Up 0.9 %

NYSE CW opened at $374.77 on Monday. Curtiss-Wright has a 52 week low of $209.01 and a 52 week high of $393.40. The firm has a market capitalization of $14.22 billion, a price-to-earnings ratio of 35.46 and a beta of 1.17. The company has a quick ratio of 1.39, a current ratio of 1.98 and a debt-to-equity ratio of 0.39. The company has a fifty day moving average of $350.07 and a two-hundred day moving average of $307.94.

Curtiss-Wright Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 3rd. Investors of record on Friday, November 22nd will be issued a $0.21 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.22%. Curtiss-Wright’s payout ratio is 7.95%.

Insider Buying and Selling

In other Curtiss-Wright news, VP John C. Watts sold 412 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at approximately $1,503,997.65. This trade represents a 8.97 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.67% of the stock is owned by insiders.

Hedge Funds Weigh In On Curtiss-Wright

A number of hedge funds and other institutional investors have recently modified their holdings of CW. CANADA LIFE ASSURANCE Co lifted its stake in shares of Curtiss-Wright by 1.3% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 23,598 shares of the aerospace company’s stock worth $6,047,000 after purchasing an additional 311 shares during the last quarter. 1832 Asset Management L.P. boosted its holdings in shares of Curtiss-Wright by 4,028.8% in the 1st quarter. 1832 Asset Management L.P. now owns 7,019 shares of the aerospace company’s stock valued at $1,796,000 after buying an additional 6,849 shares in the last quarter. Tidal Investments LLC bought a new stake in shares of Curtiss-Wright in the 1st quarter valued at about $329,000. Cetera Investment Advisers grew its position in shares of Curtiss-Wright by 204.9% in the 1st quarter. Cetera Investment Advisers now owns 12,437 shares of the aerospace company’s stock worth $3,183,000 after buying an additional 8,358 shares during the last quarter. Finally, Cetera Advisors LLC raised its stake in shares of Curtiss-Wright by 178.7% during the 1st quarter. Cetera Advisors LLC now owns 3,974 shares of the aerospace company’s stock worth $1,017,000 after acquiring an additional 2,548 shares in the last quarter. 82.71% of the stock is currently owned by institutional investors.

About Curtiss-Wright

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.