Latest news with #Curtiss-WrightCorporation
Yahoo
29-04-2025
- Business
- Yahoo
Curtiss-Wright Corporation (CW): Among Large-Cap Stocks Insiders Were Buying in Q1 2025 Before Trump's Tariff Shockwave
We recently published a list of . In this article, we are going to take a look at where Curtiss-Wright Corporation (NYSE:CW) stands against other large-cap stocks insiders were buying in Q1 2025 before Trump's tariff shockwave. US stocks surged last week following President Trump's statement that he had 'no intention' of removing Federal Reserve Chair Jerome Powell, which helped alleviate concerns about the central bank's independence. Additionally, Trump took a more conciliatory stance on tariffs, suggesting that high import duties on China might eventually be reduced, writes Yahoo Finance. Amid tariff wars and market uncertainty, insider trading often draws attention. Insider stock purchases may signal executive confidence, while sales aren't necessarily negative—they could reflect personal or diversification choices. It's best to view insider trading in context with a company's financials and market conditions. Today, we're focusing on stocks that have seen heavy insider buying activity in the first quarter of the year. Using Insider Monkey's insider trading screener, we identified companies with market caps above $10 billion, where at least two insiders purchased shares in the past three months. From this list, we ranked the top 12 stocks with the highest value of insider purchases Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). An assembly line of industrial vehicles, showcasing the company's technological prowess. Market cap: $12.34 billion Curtiss-Wright Corporation (NYSE:CW), headquartered in Davidson, North Carolina, provides advanced engineered products and services to the aerospace, defense, industrial, and power markets globally. Operating through three segments—Aerospace & Industrial, Defense Electronics, and Naval & Power—the company offers everything from flight systems and embedded electronics to naval propulsion technologies and nuclear power components. With roots tied to aviation pioneers Glenn Curtiss and the Wright brothers, the company employs around 8,000 people and continues to develop innovative solutions across its industries. For the year ending December 31, 2024, Curtiss-Wright Corporation (NYSE:CW) reported sales of $3.1 billion, a rise from $2.85 billion in 2023. Operating income for the year increased to $529 million, compared to $484 million in the previous year. During the first quarter of 2025, seven insiders, including the company's CEO, CFO, and COO, acquired approximately $68,731 worth of Curtiss-Wright shares at an average price of $304.12 per share. The company's CEO, Lynn Bamford, acquired 34 shares, increasing her ownership to 28,448 shares. The stock now trades at $327.29 per share, having lost 7.77% year-to-date. However, Curtiss-Wright stock returned 29.55% to its investors over the past 12 months. Curtiss-Wright Corporation (NYSE:CW) is also one of the 11 best American defense stocks to buy now. Overall, CW ranks 12th on our list of large-cap stocks insiders were buying in Q1 2025 before Trump's tariff shockwave. While we acknowledge the potential of CW as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CW but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
02-04-2025
- Business
- Yahoo
Curtiss-Wright to Announce First Quarter 2025 Financial Results
DAVIDSON, N.C., April 02, 2025--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) expects to release its first quarter 2025 financial results after the close of trading on Wednesday, May 7, 2025. A webcast conference call will be held on Thursday, May 8, 2025, at 10:00 am ET for management to discuss the Company's first quarter financial performance. Lynn M. Bamford, Chair and Chief Executive Officer, and K. Christopher Farkas, Vice President and Chief Financial Officer, will host the call. The financial press release, access to the webcast and the financial presentation will be posted in the Investor Relations section on Curtiss-Wright's website at In addition, the dial-in number for domestic callers is (800) 343-5172, while international callers can dial (203) 518-9856. The conference ID code is CWQ125. For those unable to attend the live webcast, a replay will be available within the Investor Relations section on the Company's website beginning one hour after the call takes place. About Curtiss-Wright Corporation Curtiss-Wright Corporation (NYSE: CW) is a global integrated business that provides highly engineered products, solutions and services mainly to Aerospace & Defense markets, as well as critical technologies in demanding Commercial Power, Process and Industrial markets. We leverage a workforce of approximately 8,800 highly skilled employees who develop, design and build what we believe are the best engineered solutions to the markets we serve. Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of providing innovative solutions through trusted customer relationships. For more information, visit View source version on Contacts Jim Ryan(704) Sign in to access your portfolio
Yahoo
01-04-2025
- Business
- Yahoo
Curtiss-Wright Corporation (CW): Among Stocks Insiders Were Buying In Q1 2025
We recently published a list of . In this article, we are going to take a look at where Curtiss-Wright Corporation (NYSE:CW) stands against other stocks insiders were buying in Q1 2025. About 30 minutes before the market closed Monday, the broader market index was up 0.3%, while the blue-chip companies gained 0.9%. Meanwhile, the Nasdaq Composite dropped 0.5%. Some stocks were recovering from Friday losses after inflation data came in higher than expected, coupled with weak consumer sentiment, which heightened concerns about the U.S. economy's stability, according to Investopedia. As investors react to daily market changes, ongoing uncertainty continues to affect the market. During such times, insider trading often garners attention, as executive purchases of company stock can signal optimism about the company's prospects. However, insider sales do not always indicate a lack of confidence—they may be influenced by personal financial reasons or a need for diversification. Executives often follow pre-arranged plans, like 10b5-1, to ensure transparency. While insider trading can offer valuable insights, it should be considered alongside a company's financial health, market conditions, and industry shifts. What are some of the stocks insiders have been buying the most in the first quarter of the year? To find out, we used Insider Monkey's insider trading stock screener, focusing only on stocks where at least five insiders had purchased shares in January, February, and March. From there, we ranked the 20 stocks with the highest number of insiders purchasing shares. Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). With each stock, we note the average price per share of these purchases and the stock's market capitalization. An assembly line of industrial vehicles, showcasing the company's technological prowess. Market Cap: $11.941 billion Number of insiders buying: 7 Curtiss-Wright Corp. provides engineered solutions for the aerospace, defense, and industrial sectors through three segments: defense electronics, aerospace & industrial, and naval & power. The Davidson, North Carolina-based company designs and manufactures products like power management systems, avionics, and coolant pumps, and offers maintenance services for the U.S. Navy and nuclear power plants. In January, seven insiders, including the CEO, CFO, and COO, acquired approximately $68,731 worth of Curtiss-Wright shares at an average price of $304.12 per share. Currently, the stock is trading at $317.42 per share, having lost 10.55% since the beginning of the year. However, over the past 12 months, its shares have returned 23.54% to its investors. For the year ended December 31, 2024, the company reported sales of $3.1 billion, up from $2.85 billion in 2023. Operating income totaled $529 million, compared to $484 million in the previous year. On February 5, the company's board of directors declared a quarterly dividend of $0.21 per share on Curtiss-Wright common stock. The average price target suggests a potential upside of 21.77% from the latest price. Overall, CW ranks 20th on our list of stocks insiders were buying in Q1 2025. While we acknowledge the potential of CW our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CW but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
20-03-2025
- Automotive
- Yahoo
Curtiss-Wright Awarded Contracts by Rheinmetall to Provide Turret Drive Stabilization Systems for Boxer Heavy Weapon Carriers and Lynx Infantry Fighting Vehicles
DAVIDSON, N.C., March 20, 2025--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that it has been awarded multiple contracts to provide its turret drive aiming and stabilization technology to Rheinmetall for use on the German Army's Boxer Heavy Weapon Carrier and the Hungarian Ministry of Defence (MoD's) Lynx infantry fighting vehicles (IFV). Under the agreements, Curtiss-Wright will supply Rheinmetall's Vehicle Systems Europe and Vehicle Systems International divisions with its cost-effective, scalable Turret Drive Stabilization System (TDSS) and other system components in support of these programs. Curtiss-Wright's TDSS will enable these ground vehicles to maintain target location accuracy and precise turret stabilization, even while moving at full speed. Further, it uniquely enables system designers to upgrade and add stabilization functionality as mission requirements change, allowing system integrators to choose the right level of motion control and stability for the platform. "We are proud to have been selected by Rheinmetall to provide our turret drive stabilization solution supporting the German Army's Heavy Weapon Carrier and the Hungarian Defence Forces' Zrínyi 2026 military modernization and rearmament program," said Lynn M. Bamford, Chair and Chief Executive Officer of Curtiss-Wright Corporation. "These contracts demonstrate the growing demand for our turret drive aiming and stabilization technology in support of vital European combat vehicles. In addition, these awards highlight our strong opportunity to grow Curtiss-Wright's international defense revenues, given the targeted increases in NATO spending and a global rising threat environment." Curtiss-Wright's facility, located in Neuhausen am Rheinfall, Switzerland, will provide Rheinmetall with state-of-the-art modular TDSS, associated hand controllers, and equipment to control the medium caliber LANCE turret on the Boxer Heavy Weapon Carrier to be supplied to the German Army. Shipments are scheduled to run through 2029. Curtiss-Wright will also deliver its state-of-the-art TDSS and associated controllers to Rheinmetall for use on the Hungarian MoD's Lynx IFV. During Phase 1 of the contract, Curtiss-Wright will deliver TDSS systems solely manufactured in Switzerland. During Phase 2, additional TDSS systems will be manufactured in Switzerland and Australia. In support of both phases, Curtiss-Wright will leverage its global partner network for the manufacture of the TDSS system gyroscopes, building on the preferred supplier network that the Company has established to support Rheinmetall ground vehicle programs globally. Under the contract, shipments are scheduled to run through 2027. To learn more about Curtiss-Wright's turret drive stabilization system solutions, please click here. For additional information, please visit and LinkedIn. About Curtiss-Wright Corporation Curtiss-Wright Corporation (NYSE: CW) is a global integrated business that provides highly engineered products, solutions and services mainly to Aerospace & Defense markets, as well as critical technologies in demanding Commercial Power, Process and Industrial markets. We leverage a workforce of approximately 8,800 highly skilled employees who develop, design and build what we believe are the best engineered solutions to the markets we serve. Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of providing innovative solutions through trusted customer relationships. For more information, visit Note: Trademarks are property of their respective owners. This press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements, including statements relating to Curtiss-Wright's expectations of a continued relationship with an existing customer, the continued funding and success of these ground vehicle programs, and the performance of its products in these programs, are not considered historical facts and are considered forward-looking statements under the federal securities laws. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Such risks and uncertainties include, but are not limited to: a reduction in anticipated orders; an economic downturn; changes in competitive marketplace and/or customer requirements; a change in US and Foreign government spending; an inability to perform customer contracts at anticipated cost levels; and other factors that generally affect the business of aerospace, defense contracting, marine, electronics and industrial companies. Please refer to the Company's current SEC filings under the Securities Exchange Act of 1934, as amended, for further information. View source version on Contacts Investors: Jim Ryan(704)
Yahoo
25-02-2025
- Business
- Yahoo
Curtiss-Wright Awarded Contracts by TerraPower to Develop Training Simulator and Distributed Control Systems for Natrium® Plant
DAVIDSON, N.C., February 25, 2025--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that it has been awarded two contracts from TerraPower to design and supply plant simulation and digital control solutions for the Natrium1 advanced nuclear reactor design. Under the contracts, Curtiss-Wright will design and deliver the Training Simulator (TSN) and Distributed Control Systems (DCS) for the Natrium plant. The TSN is a full-scope simulator that will replicate plant equipment and simulate system conditions and operations to support operator training and licensing. The DCS is a digital platform that serves as a core component for automating control and operation of plant processes. In addition, Curtiss-Wright has been selected to develop two separate control systems for the Natrium plant: the NIC (Nuclear Island Control system) and EIC (Energy Island Control system). Under previously awarded contracts, Curtiss-Wright was selected to develop the Reactor Protection System (RPS) for the Natrium plant, as well as the software platform and engineering services for the Natrium Engineering Simulator. "We are excited to support TerraPower in the development of their next-generation Natrium reactor design," said Lynn M. Bamford, Chair and CEO of Curtiss-Wright Corporation. "Curtiss-Wright continues to build on its heritage as one of the leading global suppliers of nuclear reactor technologies, growing both organically and through acquisitions, and we remain in a strong position to support TerraPower in their efforts to de-carbonize the existing energy infrastructure through the creation of clean, reliable, and affordable energy." In 2020, TerraPower was selected by the U.S. Department of Energy's Advanced Reactor Demonstration Program (ARDP) to receive initial funding as part of a $3.2 billion program to develop and build advanced nuclear reactors. TerraPower's Natrium reactor is a 345-megawatt sodium fast reactor coupled with breakthrough innovation — a patented molten salt energy storage system, providing built-in gigawatt-scale energy storage. The Natrium technology's advanced design enables simultaneous production of carbon-free electricity, heat and steam to support decarbonization of power and industrial sectors. TerraPower is building its first reactor in Kemmerer, Wyoming and its first Natrium plant is expected to be online in 2030. Curtiss-Wright maintains one of the most comprehensive and diverse portfolios of advanced nuclear power equipment, technology, and services globally to support both operating reactors and new build opportunities. Curtiss-Wright is performing the work within its Nuclear Division in the Naval & Power segment. For more information about our nuclear reactor technologies supporting advanced nuclear reactors, please visit the Company's Nuclear division at About Curtiss-Wright Corporation Curtiss-Wright Corporation (NYSE: CW) is a global integrated business that provides highly engineered products, solutions and services mainly to Aerospace & Defense markets, as well as critical technologies in demanding Commercial Power, Process and Industrial markets. We leverage a workforce of approximately 8,800 highly skilled employees who develop, design and build what we believe are the best engineered solutions to the markets we serve. Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of providing innovative solutions through trusted customer relationships. For more information, visit This press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 that are based on management's beliefs and assumptions. Such statements, including statements relating to Curtiss-Wright's expectations of future performance of our Training Simulator and Distributed Control Systems, the successful implementation and overall success of these products, successful development of the Natrium® advanced nuclear reactor design and future opportunities associated with this nuclear reactor design, are not considered historical facts and are considered forward-looking statements under the federal securities laws. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Such risks and uncertainties include but are not limited to: a reduction in anticipated orders; an economic downturn; changes in competitive marketplace and/or customer requirements; an inability to perform customer contracts at anticipated cost levels; and other factors that generally affect the business of aerospace, defense contracting, marine, electronics and industrial companies. Please refer to the Company's current SEC filings under the Securities Exchange Act of 1934, as amended, for further information. 1 a TerraPower & GE-Hitachi technology View source version on Contacts Jim Ryan(704) Sign in to access your portfolio
