Renaissance Technologies LLC Has $2.59 Million Holdings in Curtiss-Wright Corporation $CW

Key Points

• Renaissance Technologies cut its Curtiss-Wright stake by 69.8% in the first quarter, selling 8,780 shares and retaining 3,800 shares worth approximately $2.59 million. Institutional investors collectively own 82.71% of the company.
• Curtiss-Wright reported quarterly EPS of $3.72, beating estimates by $0.10, while revenue rose 5.4% year over year to $924.01 million. The company reaffirmed fiscal 2026 EPS guidance of $15.10–$15.40.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $773.67, compared with the stock’s recent opening price of $690.27; insiders sold $2.26 million of shares during the quarter.

Renaissance Technologies LLC cut its holdings in shares of Curtiss-Wright Corporation (NYSE:CW - Free Report) by 69.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,800 shares of the aerospace company's stock after selling 8,780 shares during the quarter. Renaissance Technologies LLC's holdings in Curtiss-Wright were worth $2,588,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cary Street Partners Investment Advisory LLC acquired a new stake in Curtiss-Wright during the fourth quarter worth approximately $31,000. Larson Financial Group LLC raised its holdings in Curtiss-Wright by 53.8% in the 3rd quarter. Larson Financial Group LLC now owns 60 shares of the aerospace company's stock valued at $33,000 after acquiring an additional 21 shares in the last quarter. Transamerica Financial Advisors LLC lifted its position in shares of Curtiss-Wright by 25.9% during the 4th quarter. Transamerica Financial Advisors LLC now owns 73 shares of the aerospace company's stock valued at $40,000 after acquiring an additional 15 shares during the period. Signature Equity Partners LLC grew its holdings in shares of Curtiss-Wright by 140.0% during the 1st quarter. Signature Equity Partners LLC now owns 60 shares of the aerospace company's stock worth $41,000 after purchasing an additional 35 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in shares of Curtiss-Wright during the 4th quarter worth $42,000. 82.71% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Lynn M. Bamford sold 2,500 shares of the stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $721.72, for a total value of $1,804,300.00. Following the completion of the transaction, the chief executive officer directly owned 48,134 shares in the company, valued at approximately $34,739,270.48. This represents a 4.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP John C. Watts sold 220 shares of the firm's stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $752.91, for a total value of $165,640.20. Following the sale, the executive vice president directly owned 3,962 shares in the company, valued at approximately $2,983,029.42. This trade represents a 5.26% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 3,119 shares of company stock valued at $2,257,998. 0.51% of the stock is currently owned by insiders.

Analysts Set New Price Targets

CW has been the subject of a number of analyst reports. Stifel Nicolaus boosted their price target on Curtiss-Wright from $724.00 to $768.00 and gave the company a "hold" rating in a research note on Monday, July 20th. Weiss Ratings downgraded shares of Curtiss-Wright from a "buy (b)" rating to a "buy (b-)" rating in a research note on Friday. Morgan Stanley reissued an "overweight" rating and issued a $860.00 target price on shares of Curtiss-Wright in a report on Wednesday, July 15th. Citigroup upped their price target on shares of Curtiss-Wright from $775.00 to $793.00 and gave the stock a "neutral" rating in a report on Wednesday, July 1st. Finally, Robert W. Baird set a $870.00 price target on shares of Curtiss-Wright in a research report on Friday, May 8th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Curtiss-Wright has a consensus rating of "Moderate Buy" and a consensus target price of $773.67.

Curtiss-Wright Stock Down 0.2%

Shares of NYSE CW opened at $690.27 on Monday. The company has a current ratio of 1.60, a quick ratio of 1.12 and a debt-to-equity ratio of 0.27. The company has a market cap of $25.50 billion, a price-to-earnings ratio of 47.51, a PEG ratio of 3.16 and a beta of 0.87. Curtiss-Wright Corporation has a 12 month low of $464.91 and a 12 month high of $808.16. The stock has a 50-day moving average price of $744.52 and a two-hundred day moving average price of $714.33.

Curtiss-Wright (NYSE:CW - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The aerospace company reported $3.72 earnings per share for the quarter, beating analysts' consensus estimates of $3.62 by $0.10. The company had revenue of $924.01 million for the quarter, compared to the consensus estimate of $926.17 million. Curtiss-Wright had a net margin of 14.81% and a return on equity of 20.49%. The firm's quarterly revenue was up 5.4% compared to the same quarter last year. During the same period last year, the company posted $3.23 EPS. Curtiss-Wright has set its FY 2026 guidance at 15.100-15.400 EPS. As a group, analysts forecast that Curtiss-Wright Corporation will post 15.24 earnings per share for the current fiscal year.

Curtiss-Wright Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Monday, June 15th were given a $0.24 dividend. The ex-dividend date was Monday, June 15th. This represents a $0.96 dividend on an annualized basis and a yield of 0.1%. Curtiss-Wright's dividend payout ratio (DPR) is currently 7.16%.

Curtiss-Wright 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.

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