Tillkännagivande • 3h
Curtiss-Wright Corporation announces Quarterly dividend, payable on July 06, 2026 Curtiss-Wright Corporation announced Quarterly dividend of USD 0.2400 per share payable on July 06, 2026, ex-date on June 15, 2026 and record date on June 15, 2026. Tillkännagivande • May 08
Curtiss-Wright Corporation Announces Transition from Design to Prototype Manufacturing of Helium Circulator and Safety Systems for X-Energy’s Xe-100 Reactor Curtiss-Wright Corporation announced that it has transitioned from Design to Prototype Manufacturing of Helium Circulator Systems and Reactivity Control and Shutdown Systems, both pivotal components in X-energy’s Xe-100 advanced High Temperature Gas-cooled Reactor. The Helium Circulator System is integral to the reactor's functionality, efficiently circulating helium throughout the primary system. This process is crucial for transferring thermal energy from the reactor core to the steam generator, enabling conversion into electrical power, optimizing process heat usage, and enabling effective residual heat removal. Complementing this, the Reactivity Control and Shutdown System is designed to regulate temperature and provide an independent and reliable method to safely shut down the reactor during operation. It features two separate rod banks, each equipped with essential control rod drive mechanisms and controls. Curtiss-Wright is a key partner in X-energy's global deployment strategy, leveraging its specialized capabilities and expertise to support execution of X-energy’s commercial pipeline. X-energy's Xe-100 is a Generation IV HTGR optimized to deliver 80 megawatts (MW) of electric power per unit, or 320 MW per four-unit plant. The reactor can provide clean, reliable, and safe baseload power to an electricity system or support various industrial applications. In addition, X-energy’s advanced reactor technology offers remarkable efficiency and resiliency to meet the requirements of energy-intensive data centers. X-energy is developing its initial Xe-100 plant at Dow Inc.’s UCC Seadrift Operations manufacturing site on the Texas Gulf Coast. X-energy is also advancing plans to develop up to 12 units, or 960 MW, with Energy Northwest in Washington state as the first project of Amazon’s announced 5 GW deployment target of new Xe-100 projects. Tillkännagivande • Apr 09
Curtiss-Wright Corporation to Report Q1, 2026 Results on May 06, 2026 Curtiss-Wright Corporation announced that they will report Q1, 2026 results After-Market on May 06, 2026 Tillkännagivande • Mar 27
Curtiss-Wright Corporation, Annual General Meeting, May 07, 2026 Curtiss-Wright Corporation, Annual General Meeting, May 07, 2026. Location: homewood suites by hilton, 125 harbour place drive, davidson, north carolina 28036, United States Tillkännagivande • Feb 12
Curtiss-Wright Corporation Provides Earnings Guidance for the Full Year 2026 Curtiss-Wright Corporation provided earnings guidance for the full year 2026. For the year, the company expects Total Sales in the range of $3,710 million - $3,765 million, Operating Income in the range of $703 million - $722 million and diluted EPS in the range of $14.70 - $15.15. Tillkännagivande • Feb 05
Curtiss-Wright Corporation Declares Quarterly Dividend for Common Stock, Payable on April 13, 2026 Curtiss-Wright Corporation announced that the Board of Directors declared a quarterly dividend of twenty-four cents ($0.24) per share on Curtiss-Wright Common Stock, payable April 13, 2026, to stockholders of record as of March 26, 2026. Tillkännagivande • Jan 08
Curtiss-Wright Corporation to Report Q4, 2025 Results on Feb 11, 2026 Curtiss-Wright Corporation announced that they will report Q4, 2025 results After-Market on Feb 11, 2026 Tillkännagivande • Nov 21
Curtiss-Wright Corporation Declares Quarterly Dividend for Common Stock, Payable on December 12, 2025 Curtiss-Wright Corporation declared a quarterly dividend of twenty-four cents ($0.24) per share, payable December 12, 2025, to stockholders of record as of November 28, 2025. Tillkännagivande • Nov 06
Curtiss-Wright Corporation Provides Earnings Guidance for the Full Year 2025 Curtiss-Wright Corporation provided earnings guidance for the full year 2025. For the year, the company expected total sales to be $3,420 million to $3,455 million, total operating income to be $617 million to $630 million, and diluted earnings per share to be $12.60 to $12.85. Net earnings to be $473 million to $482 million. Tillkännagivande • Oct 07
Curtiss-Wright Corporation to Report Q3, 2025 Results on Nov 05, 2025 Curtiss-Wright Corporation announced that they will report Q3, 2025 results After-Market on Nov 05, 2025 Tillkännagivande • Sep 11
Curtiss-Wright Corporation Declares Quarterly Dividend, Payable on October 10, 2025 Curtiss-Wright Corporation announced that the Board of Directors declared a quarterly dividend of twenty-four cents ($0.24) per share, payable October 10, 2025, to stockholders of record as of September 26, 2025. Tillkännagivande • Aug 07
Curtiss-Wright Corporation Revises Earnings Guidance for Full Year 2025 Curtiss-Wright Corporation revised earnings guidance for full year 2025. For the period, the company now expects Sales guidance increased to new range of 9% to 10% growth (previously 8% to 9%), which continues to reflect growth in the majority of Curtiss-Wright's end markets; Operating income guidance increased to new range of 15% to 18% growth (previously 13% to 16%); Operating margin guidance range increased by 20 basis points to 18.5% to 18.7%, now up 100 to 120 basis points compared with the prior year; Diluted EPS guidance increased to new range of $12.70 to $13.00, now up 16% to 19% (previously $12.45 to $12.80, up 14% to 17%). Tillkännagivande • Jul 08
Curtiss-Wright Corporation to Report Q2, 2025 Results on Aug 06, 2025 Curtiss-Wright Corporation announced that they will report Q2, 2025 results After-Market on Aug 06, 2025 Tillkännagivande • May 15
Curtiss-Wright Corporation Declares Increase in the Quarterly Dividend, Payable July 7, 2025 Curtiss-Wright Corporation announced that the Board of Directors has declared a 14% increase in the quarterly dividend to twenty-four cents ($0.24) per share, payable July 7, 2025, to stockholders of record as of June 16, 2025. Tillkännagivande • Apr 02
Curtiss-Wright Corporation to Report Q1, 2025 Results on May 07, 2025 Curtiss-Wright Corporation announced that they will report Q1, 2025 results After-Market on May 07, 2025 Tillkännagivande • Feb 14
Curtiss-Wright Corporation, Annual General Meeting, May 08, 2025 Curtiss-Wright Corporation, Annual General Meeting, May 08, 2025. Tillkännagivande • Feb 13
Curtiss-Wright Corporation Provides Earnings Guidance for the Full Year 2025 Curtiss-Wright Corporation provided earnings guidance for the full year 2025. For the year, the company expected total sales to be $3,335 million to $3,385 million, total operating income to be $598 million to $613 million, and diluted earnings per share to be $12.10 to $12.40. Tillkännagivande • Feb 06
Curtiss-Wright Declares Quarterly Dividend, Payable April 14, 2025 Curtiss-Wright Corporation announced that the Board of Directors declared a quarterly dividend of twenty-one cents ($0.21) per share on Curtiss-Wright Common Stock, payable April 14, 2025, to stockholders of record as of March 27, 2025. Tillkännagivande • Jan 14
Curtiss-Wright Corporation to Report Q4, 2024 Results on Feb 12, 2025 Curtiss-Wright Corporation announced that they will report Q4, 2024 results After-Market on Feb 12, 2025 Tillkännagivande • Jan 02
Curtiss-Wright Corporation (NYSE:CW) completed the acquisition of Ultra Electronics Holdings Limited and Weed Instrument Co Inc from Ultra Electronics Holdings Limited. Curtiss-Wright Corporation (NYSE:CW) agreed to acquire Ultra Electronics Holdings Limited and Weed Instrument Co Inc from Ultra Electronics Holdings Limited for approximately $200 million on June 3, 2024. The transaction subject to UK regulatory approval and expected to close in the third quarter of 2024. As of October 31, 2024, The transaction is expected to close in the fourth quarter of 2024. On December 11, 2024, The Chancellor of the Duchy of Lancaster has approved the transaction. Vincent Bergin, Adrian Maguire, Mavnick Nerwal, Jared M. Rusman, Sehj Vather, Max Harris, Matthew Sinclair-Thomson, Carleigh Trappe Rodriguez of Kirkland & Ellis acted as legal advisor to Ultra Electronics. Michael J. Young and Leigh T. Hansson of Reed Smith LLP, London Branch and Susan K. Nieto of Reed Smith LLP acted as legal advisor to Curtiss-Wright Corporation.
Curtiss-Wright Corporation (NYSE:CW) completed the acquisition of Ultra Electronics Holdings Limited and Weed Instrument Co Inc from Ultra Electronics Holdings Limited on January 2, 2025. Ultra Energy generated sales of approximately $65 million in 2023 and is expected to be accretive to Curtiss-Wright's adjusted diluted earnings per share in its first full year of ownership, excluding first year purchase accounting costs, and produce a strong free cash flow conversion rate in excess of 100%. The business will operate within Curtiss-Wright's Naval & Power segment. Tillkännagivande • Nov 14
Curtiss-Wright Announces Corporate Secretary Changes Curtiss-Wright Corporation announced that Paul J. Ferdenzi, Vice President, General Counsel and Corporate Secretary, plans to retire after a distinguished 25-year career with the Company. Mr. Ferdenzi will continue to serve as a Vice President of the Company to assist the Executive Team with the transition until his retirement at the end of this year. As part of its formal succession plan, the Board of Directors announced that, effective immediately, George P. McDonald has been promoted to Vice President, General Counsel and Corporate Secretary, and has been named an officer of the Company. Mr. McDonald has served as the Company’s Deputy General Counsel since May 2024 and previously as Associate General Counsel since 1999. In his new role, Mr. McDonald will report directly to Lynn M. Bamford, Chair and Chief Executive Officer. Tillkännagivande • Nov 13
Curtiss-Wright Corporation Declares Quarterly Dividend, Payable on December 3, 2024 Curtiss-Wright Corporation announced that the Board of Directors declared a quarterly dividend of twenty-one cents ($0.21) per share on Curtiss-Wright Common Stock, payable December 3, 2024, to stockholders of record as of November 22, 2024. Tillkännagivande • Nov 02
Curtiss-Wright Corporation Updates Earnings Guidance for the Year 2024 Curtiss-Wright Corporation updated earnings guidance for the year 2024. Total sales to be $3,050 million to $3,095 million, total operating income to be $516 million to $530 million, net earnings to be $361 million to $393 million and diluted earnings per share to be $10.23 to $10.44. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$2.91 (vs US$2.53 in 3Q 2023) Third quarter 2024 results: EPS: US$2.91 (up from US$2.53 in 3Q 2023). Revenue: US$798.9m (up 10% from 3Q 2023). Net income: US$111.2m (up 15% from 3Q 2023). Profit margin: 14% (in line with 3Q 2023). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Sep 27
Curtiss-Wright Corporation to Report Q3, 2024 Results on Oct 31, 2024 Curtiss-Wright Corporation announced that they will report Q3, 2024 results After-Market on Oct 31, 2024 Declared Dividend • Sep 13
Second quarter dividend of US$0.21 announced Shareholders will receive a dividend of US$0.21. Ex-date: 27th September 2024 Payment date: 11th October 2024 Dividend yield will be 0.3%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 8%. Cash payout ratio: 7%. Buy Or Sell Opportunity • Sep 09
Now 21% undervalued Over the last 90 days, the stock has risen 4.8% to €264. The fair value is estimated to be €333, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 6.6% per annum over the same time period. Reported Earnings • Aug 08
Second quarter 2024 earnings released: EPS: US$2.60 (vs US$2.11 in 2Q 2023) Second quarter 2024 results: EPS: US$2.60 (up from US$2.11 in 2Q 2023). Revenue: US$784.8m (up 11% from 2Q 2023). Net income: US$99.5m (up 23% from 2Q 2023). Profit margin: 13% (up from 12% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Aug 08
Curtiss-Wright Corporation Revises Earnings Guidance for the Year 2024 Curtiss-Wright Corporation revised earnings guidance for the year 2024. For the year, the company expects total sales of $3,010 million to $3,060 million compared to the previous guidance of $2,985 million to $3,035 million. Operating income of $525 million to $539 million compared to the previous guidance of $518 million to $533 million. Diluted EPS of $10.40 to $10.65 per share compared to the previous guidance of $10.10 to $10.40 per share . Buy Or Sell Opportunity • Aug 02
Now 21% undervalued Over the last 90 days, the stock has risen 4.9% to €258. The fair value is estimated to be €325, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are also forecast to grow by 7.0% per annum over the same time period. Buy Or Sell Opportunity • Jul 16
Now 20% undervalued Over the last 90 days, the stock has risen 7.7% to €252. The fair value is estimated to be €316, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 6.2% per annum over the same time period. Tillkännagivande • Jul 11
Curtiss-Wright Corporation to Report Q2, 2024 Results on Aug 07, 2024 Curtiss-Wright Corporation announced that they will report Q2, 2024 results After-Market on Aug 07, 2024 Tillkännagivande • Jul 03
Curtiss-Wright Corporation(NYSE:CW) dropped from Russell 1000 Dynamic Index Curtiss-Wright Corporation(NYSE:CW) dropped from Russell 1000 Dynamic Index Upcoming Dividend • Jun 10
Upcoming dividend of US$0.21 per share Eligible shareholders must have bought the stock before 17 June 2024. Payment date: 05 July 2024. Payout ratio is a comfortable 8.2% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (1.0%). Tillkännagivande • Jun 05
Curtiss-Wright Corporation (NYSE:CW) agreed to acquire Ultra Electronics Holdings Limited and Weed Instrument Co Inc from Ultra Electronics Holdings Limited for approximately $200 million. Curtiss-Wright Corporation (NYSE:CW) agreed to acquire Ultra Electronics Holdings Limited and Weed Instrument Co Inc from Ultra Electronics Holdings Limited for approximately $200 million on June 3, 2024. The transaction subject to UK regulatory approval and expected to close in the third quarter of 2024. Recent Insider Transactions • May 29
Insider recently sold €2.7m worth of stock On the 24th of May, Sheri Fuller sold around 11k shares on-market at roughly €259 per share. This transaction amounted to 34% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €7.7m more than they bought in the last 12 months. Declared Dividend • May 13
First quarter dividend of US$0.21 announced Shareholders will receive a dividend of US$0.21. Ex-date: 17th June 2024 Payment date: 5th July 2024 Dividend yield will be 0.3%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 8%. Cash payout ratio: 7%. Tillkännagivande • May 11
Curtiss-Wright Corporation Declares Increase in Quarterly Dividend, Payable on July 5, 2024 Curtiss-Wright Corporation declared a 5% increase in the quarterly dividend to $0.21 per share, payable July 5, 2024 to stockholders of record as of June 17, 2024. Buy Or Sell Opportunity • May 10
Now 20% undervalued Over the last 90 days, the stock has risen 22% to €254. The fair value is estimated to be €319, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 20%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 5.5% per annum over the same time period. Reported Earnings • May 02
First quarter 2024 earnings released: EPS: US$2.00 (vs US$1.48 in 1Q 2023) First quarter 2024 results: EPS: US$2.00 (up from US$1.48 in 1Q 2023). Revenue: US$713.2m (up 13% from 1Q 2023). Net income: US$76.5m (up 35% from 1Q 2023). Profit margin: 11% (up from 9.0% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Apr 06
Curtiss-Wright Corporation to Report Q1, 2024 Results on May 01, 2024 Curtiss-Wright Corporation announced that they will report Q1, 2024 results on May 01, 2024 Tillkännagivande • Mar 23
Curtiss-Wright Corporation, Annual General Meeting, May 02, 2024 Curtiss-Wright Corporation, Annual General Meeting, May 02, 2024, at 13:00 US Eastern Standard Time. Location: Homewood Suites by Hilton 125 Harbour Place Drive Davidson North Carolina United States Agenda: To elect the ten director nominees named herein; to ratify the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2024; to approve an amendment to the Curtiss-Wright Corporation Annual Incentive Compensation Plan to expand the class of employees eligible to receive awards under the plan; to approve an amendment to the Curtiss-Wright Corporation Annual Incentive Compensation Plan to expand the class of employees eligible to receive awards under the plan; to approve on an advisory (non-binding) basis the frequency of future stockholder advisory votes approving the compensation of the Company’s named executive officers; and to consider other business matters. Recent Insider Transactions • Mar 21
CEO & Chairman recently sold €588k worth of stock On the 19th of March, Lynn Bamford sold around 3k shares on-market at roughly €224 per share. This transaction amounted to 6.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €1.5m. Lynn has been a net seller over the last 12 months, reducing personal holdings by €2.0m. Upcoming Dividend • Mar 20
Upcoming dividend of US$0.20 per share Eligible shareholders must have bought the stock before 27 March 2024. Payment date: 15 April 2024. Payout ratio is a comfortable 8.5% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (1.1%). Reported Earnings • Feb 21
Full year 2023 earnings released: EPS: US$9.26 (vs US$7.67 in FY 2022) Full year 2023 results: EPS: US$9.26 (up from US$7.67 in FY 2022). Revenue: US$2.85b (up 11% from FY 2022). Net income: US$354.5m (up 20% from FY 2022). Profit margin: 13% (up from 12% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 16
Full year 2023 earnings released: EPS: US$9.26 (vs US$7.67 in FY 2022) Full year 2023 results: EPS: US$9.26 (up from US$7.67 in FY 2022). Revenue: US$2.85b (up 11% from FY 2022). Net income: US$354.5m (up 20% from FY 2022). Profit margin: 13% (up from 12% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Feb 15
Curtiss-Wright Corporation Provides Earnings Guidance for the Year 2024 Curtiss-Wright Corporation provided earnings guidance for the year 2024. For the year, the company expects total sales of $2,960 million to $3,010 million. Operating income of $514 million to $528 million. Diluted EPS of $10.00 to $10.30 per share. Declared Dividend • Feb 12
Third quarter dividend of US$0.20 announced Shareholders will receive a dividend of US$0.20. Ex-date: 27th March 2024 Payment date: 15th April 2024 Dividend yield will be 0.4%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 9%. Cash payout ratio: 7%. New Risk • Feb 11
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €3.2m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). Significant insider selling over the past 3 months (€3.2m sold). Recent Insider Transactions • Feb 11
CEO & Chairman recently sold €1.5m worth of stock On the 8th of February, Lynn Bamford sold around 7k shares on-market at roughly €209 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Lynn has been a net seller over the last 12 months, reducing personal holdings by €1.8m. Tillkännagivande • Jan 10
Curtiss-Wright Corporation to Report Q4, 2023 Results on Feb 14, 2024 Curtiss-Wright Corporation announced that they will report Q4, 2023 results After-Market on Feb 14, 2024 Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: US$2.53 (vs US$1.92 in 3Q 2022) Third quarter 2023 results: EPS: US$2.53 (up from US$1.92 in 3Q 2022). Revenue: US$724.3m (up 15% from 3Q 2022). Net income: US$96.8m (up 31% from 3Q 2022). Profit margin: 13% (up from 12% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Oct 05
Curtiss-Wright Corporation to Report Q3, 2023 Results on Nov 02, 2023 Curtiss-Wright Corporation announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Nov 02, 2023 Buying Opportunity • Sep 22
Now 22% undervalued Over the last 90 days, the stock is up 17%. The fair value is estimated to be €237, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings is also forecast to grow by 6.5% per annum over the same time period. Upcoming Dividend • Sep 21
Upcoming dividend of US$0.20 per share at 0.4% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 12 October 2023. Payout ratio is a comfortable 9.2% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.7%). Tillkännagivande • Sep 14
Curtiss-Wright Corporation Declares Dividend on Common Stock, Payable October 12, 2023 Curtiss-Wright Corporation announced that the Board of Directors declared a dividend of $0.20 per share on Curtiss-Wright Common Stock, payable October 12, 2023 to stockholders of record as of September 29, 2023. Buying Opportunity • Aug 18
Now 21% undervalued Over the last 90 days, the stock is up 21%. The fair value is estimated to be €231, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings is also forecast to grow by 6.4% per annum over the same time period. Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: US$2.11 (vs US$1.84 in 2Q 2022) Second quarter 2023 results: EPS: US$2.11 (up from US$1.84 in 2Q 2022). Revenue: US$704.4m (up 16% from 2Q 2022). Net income: US$81.0m (up 14% from 2Q 2022). Profit margin: 12% (in line with 2Q 2022). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Jul 21
Insider recently sold €794k worth of stock On the 20th of July, David Adams sold around 5k shares on-market at roughly €170 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.1m more than they bought in the last 12 months. Tillkännagivande • Jun 30
Curtiss-Wright Corporation to Report Q2, 2023 Results on Aug 02, 2023 Curtiss-Wright Corporation announced that they will report Q2, 2023 results After-Market on Aug 02, 2023 Upcoming Dividend • Jun 08
Upcoming dividend of US$0.20 per share at 0.5% yield Eligible shareholders must have bought the stock before 15 June 2023. Payment date: 05 July 2023. Payout ratio is a comfortable 9.4% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (1.6%). Tillkännagivande • May 11
Curtiss-Wright Corporation Announces Dividend for Common Stock, Payable on July 5, 2023 Curtiss-Wright Corporation announced that the Board of Directors declared a 5% increase in the quarterly dividend to twenty cents ($0.20) per share, payable July 5, 2023 to stockholders of record as of June 16, 2023. Reported Earnings • May 04
First quarter 2023 earnings released: EPS: US$1.48 (vs US$1.06 in 1Q 2022) First quarter 2023 results: EPS: US$1.48 (up from US$1.06 in 1Q 2022). Revenue: US$630.9m (up 13% from 1Q 2022). Net income: US$56.8m (up 40% from 1Q 2022). Profit margin: 9.0% (up from 7.3% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • Apr 11
Now 22% undervalued Over the last 90 days, the stock is up 3.3%. The fair value is estimated to be €202, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.4%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings is also forecast to grow by 7.1% per annum over the same time period. Upcoming Dividend • Mar 23
Upcoming dividend of US$0.19 per share at 0.5% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 14 April 2023. Payout ratio is a comfortable 9.8% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.4%). Buying Opportunity • Feb 25
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 1.8%. The fair value is estimated to be €211, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.4%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings is also forecast to grow by 7.2% per annum over the same time period. Reported Earnings • Feb 22
Full year 2022 earnings released: EPS: US$7.67 (vs US$6.61 in FY 2021) Full year 2022 results: EPS: US$7.67 (up from US$6.61 in FY 2021). Revenue: US$2.56b (up 2.0% from FY 2021). Net income: US$294.3m (up 10% from FY 2021). Profit margin: 12% (in line with FY 2021). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Feb 17
CEO & Chairman recently sold €353k worth of stock On the 15th of February, Lynn Bamford sold around 2k shares on-market at roughly €159 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Lynn's only on-market trade for the last 12 months. Tillkännagivande • Feb 16
Curtiss-Wright Corporation Declares Dividend on Common Stock, Payable on April 14, 2023 Curtiss-Wright Corporation announced that the Board of Directors declared a dividend of $0.19 per share on Curtiss-Wright Common Stock, payable April 14, 2023 to stockholders of record as of March 31, 2023. Tillkännagivande • Jan 18
Curtiss-Wright Corporation to Report Q4, 2022 Results on Feb 21, 2023 Curtiss-Wright Corporation announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 21, 2023 Tillkännagivande • Nov 18
Curtiss-Wright Corporation Declares Dividend, Payable on December 1, 2022 Curtiss-Wright Corporation announced that the Board of Directors declared a dividend of nineteen cents ($0.19) per share on Curtiss-Wright Common Stock, payable December 1, 2022 to stockholders of record as of November 23, 2022. Tillkännagivande • Nov 17
Curtiss-Wright Corporation (NYSE:CW) acquired Keronite Group Limited for $35 million. Curtiss-Wright Corporation (NYSE:CW) acquired Keronite Group Limited for $35 million on November 16, 2022. Keronite will operate within Curtiss-Wright's Aerospace & Industrial segment.
Curtiss-Wright Corporation (NYSE:CW) completed the acquisition of Keronite Group Limited on November 16, 2022. Reported Earnings • Nov 03
Third quarter 2022 earnings released: EPS: US$1.92 (vs US$1.71 in 3Q 2021) Third quarter 2022 results: EPS: US$1.92 (up from US$1.71 in 3Q 2021). Revenue: US$630.5m (up 1.6% from 3Q 2021). Net income: US$73.8m (up 5.8% from 3Q 2021). Profit margin: 12% (in line with 3Q 2021). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Tillkännagivande • Nov 03
Curtiss-Wright Corporation Revised Sales Guidance for the Full Year 2022 Curtiss-Wright Corporation revised sales guidance for the full year 2022. The company announced Sales revised to new range of 2% to 4% growth (previously 4% to 6%), including 1% to 3% growth in A&D markets and 6% to 8% growth in Commercial markets. Tillkännagivande • Oct 28
Curtiss-Wright Corporation announced that it has received $300 million in funding On October 27, 2022, Curtiss-Wright Corporation closed the transaction. Tillkännagivande • Oct 06
Curtiss-Wright Corporation to Report Q3, 2022 Results on Nov 02, 2022 Curtiss-Wright Corporation announced that they will report Q3, 2022 results After-Market on Nov 02, 2022 Upcoming Dividend • Sep 22
Upcoming dividend of US$0.19 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 13 October 2022. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (1.6%). Tillkännagivande • Sep 15
Curtiss-Wright Corporation Declares Dividend of $0.19 Per Share for Common Stock, Payable on October 13, 2022 Curtiss-Wright Corporation announced that the Board of Directors declared a dividend of nineteen cents ($0.19) per share on Curtiss-Wright Common Stock, payable October 13, 2022 to stockholders of record as of September 30, 2022. Reported Earnings • Aug 04
Second quarter 2022 earnings released: EPS: US$1.84 (vs US$1.50 in 2Q 2021) Second quarter 2022 results: EPS: US$1.84 (up from US$1.50 in 2Q 2021). Revenue: US$609.4m (down 2.0% from 2Q 2021). Net income: US$70.9m (up 15% from 2Q 2021). Profit margin: 12% (up from 9.9% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 5.7%, compared to a 26% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Tillkännagivande • Aug 03
Curtiss-Wright Corporation announced that it expects to receive $300 million in funding Curtiss-Wright Corporation announced a private placement of senior notes for gross proceeds of $300,000,000 on August 1, 2022. The company will issue 4.49% notes due 2032 for gross proceeds of $200,000,000 and 4.64% notes due 2034 for gross proceeds of $100,000,000. The offering is expected to close in the fourth quarter, subject to customary closing conditions. The notes will be offered to institutional accredited investors in a private placement that qualified for exemption from registration under the Securities Act of 1933. The notes will not be registered for resale under the Securities Act and may not be offered or sold absent such registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws. Tillkännagivande • Jul 12
Curtiss-Wright Corporation to Report Q2, 2022 Results on Aug 03, 2022 Curtiss-Wright Corporation announced that they will report Q2, 2022 results After-Market on Aug 03, 2022 Tillkännagivande • Jul 06
Curtiss-Wright Corporation (NYSE:CW) completed the acquisition of the assets of Safran Aerosystems Arresting Company. Curtiss-Wright Corporation (NYSE:CW) entered into an agreement to acquire the assets of Safran Aerosystems Arresting Company for $240 million on January 21, 2022. The consideration will be paid in cash. The acquired business will operate within Curtiss-Wright's Naval & Power segment. The acquisition is subject to regulatory approval and other closing conditions and is expected to close in the third quarter of 2022. The acquisition is expected to be accretive to Curtiss-Wright's adjusted diluted earnings per share in its first full year of ownership, excluding first year purchase accounting costs, and produce a strong free cash flow conversion rate well in excess of 100%.
Curtiss-Wright Corporation (NYSE:CW) completed the acquisition of the assets of Safran Aerosystems Arresting Company on July 5, 2022. SAA generated sales of approximately $70 million in 2021. Upcoming Dividend • Jun 09
Upcoming dividend of US$0.19 per share Eligible shareholders must have bought the stock before 16 June 2022. Payment date: 01 July 2022. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (1.3%). Tillkännagivande • May 12
Curtiss-Wright Announces Quarterly Dividend, Payable July 1, 2022 Curtiss-Wright Corporation announced that the Board of Directors declared a 6% increase in the quarterly dividend to nineteen cents ($0.19) per share, payable July 1, 2022 to stockholders of record as of June 17, 2022. Reported Earnings • May 06
First quarter 2022 earnings released: EPS: US$1.06 (vs US$1.45 in 1Q 2021) First quarter 2022 results: EPS: US$1.06 (down from US$1.45 in 1Q 2021). Revenue: US$559.5m (down 6.3% from 1Q 2021). Net income: US$40.7m (down 32% from 1Q 2021). Profit margin: 7.3% (down from 10.0% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 4.5%, compared to a 30% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Tillkännagivande • May 05
Curtiss-Wright Corporation Declares Quarterly Dividend Curtiss-Wright Corporation declared a quarterly dividend of $0.18 a share, unchanged from the previous quarter. Tillkännagivande • Apr 08
Curtiss-Wright Corporation to Report Q1, 2022 Results on May 04, 2022 Curtiss-Wright Corporation announced that they will report Q1, 2022 results After-Market on May 04, 2022 Upcoming Dividend • Mar 23
Upcoming dividend of US$0.18 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 14 April 2022. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (1.2%). Recent Insider Transactions • Mar 08
Executive Chairman recently sold €1.3m worth of stock On the 4th of March, David Adams sold around 9k shares on-market at roughly €143 per share. This was the largest sale by an insider in the last 3 months. David has been a seller over the last 12 months, reducing personal holdings by €3.0m. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improved over the past week After last week's 22% share price gain to €140, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 21x in the Aerospace & Defense industry in Germany. Total returns to shareholders of 39% over the past three years. Reported Earnings • Feb 25
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$6.61 (up from US$4.83 in FY 2020). Revenue: US$2.51b (up 4.8% from FY 2020). Net income: US$267.2m (up 33% from FY 2020). Profit margin: 11% (up from 8.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 2.7%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Recent Insider Transactions • Feb 18
President recently sold €128k worth of stock On the 16th of February, Lynn Bamford sold around 1k shares on-market at roughly €121 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.2m. This was Lynn's only on-market trade for the last 12 months. Tillkännagivande • Feb 17
Curtiss-Wright Corporation Declares Dividend, Payable on April 14, 2022 Curtiss-Wright Corporation announced that the Board of Directors declared a dividend of eighteen cents ($0.18) per share on Curtiss-Wright Common Stock, payable April 14, 2022 to stockholders of record as of March 31, 2022. Tillkännagivande • Feb 01
Liberta Partners Opportunities GmbH acquired unknown majority stake in Cwfc PhÖNix Group Gmbh from Curtiss-Wright Corporation (NYSE:CW). Liberta Partners Opportunities GmbH acquired unknown majority stake in Cwfc PhÖNix Group Gmbh from Curtiss-Wright Corporation (NYSE:CW) on January 31, 2022. The acquisition includes the well-known brands Phönix, Strack, Solent & Pratt and Daume. The current management team around Peter Varwijk, Chief Executive Officer of Phönix, Gunter Wodara, Chief Technical Offier, and Stefan Zubrod, Chief Financial Officer, will continue to lead Phönix. Hans Hornbostel, Gerard Toohey, Volker Seekamp, Matthew Nicastro and Vedran Majstorovic of EC Mergers & Acquisitions acted as financial advisor to Curtiss-Wright Corporation.
Liberta Partners Opportunities GmbH completed the acquisition of unknown majority stake in Cwfc PhÖNix Group Gmbh from Curtiss-Wright Corporation (NYSE:CW) on January 31, 2022. Tillkännagivande • Jan 22
urtiss-Wright Corporation (NYSE:CW) entered into an agreement to acquire the assets of Safran Aerosystems Arresting Company for $240 million. Curtiss-Wright Corporation (NYSE:CW) entered into an agreement to acquire the assets of Safran Aerosystems Arresting Company for $240 million on January 21, 2022. The consideration will be paid in cash. The acquired business will operate within Curtiss-Wright's Naval & Power segment. The acquisition is subject to regulatory approval and other closing conditions and is expected to close in the third quarter of 2022. The acquisition is expected to be accretive to Curtiss-Wright's adjusted diluted earnings per share in its first full year of ownership, excluding first year purchase accounting costs, and produce a strong free cash flow conversion rate well in excess of 100%. Recent Insider Transactions • Dec 10
Executive Chairman recently sold €1.2m worth of stock On the 7th of December, David Adams sold around 10k shares on-market at roughly €118 per share. This was the largest sale by an insider in the last 3 months. David has been a seller over the last 12 months, reducing personal holdings by €1.6m.