Latest news with #Curtiss-WrightCorporation
Business Wire
11-08-2025
- Business
- Business Wire
Curtiss-Wright Announces $200 Million Expansion of 2025 Share Repurchase Program
DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced a $200 million expansion of its 2025 share repurchase program, which is now expected to result in annual share repurchases of $266 million in 2025. 'We are pleased to announce this new $200M expansion of our 2025 repurchase program and increase to our annual share buyback commitment,' said Lynn M. Bamford, Chair and CEO of Curtiss-Wright Corporation. Share 'We are pleased to announce this new $200 million expansion of our 2025 repurchase program and increase to our annual share buyback commitment,' said Lynn M. Bamford, Chair and Chief Executive Officer of Curtiss-Wright Corporation. 'As evidenced by the recent increase in our full-year 2025 guidance across all major financial metrics, communicated earlier this month, we are compounding earnings at a mid-teens pace over time, and delivering strong and consistent free cash flow generation. Our healthy balance sheet continues to support disciplined capital allocation centered on pursuing strategic acquisitions as an accelerator to organic growth, reinvesting in our business, and ensuring consistent returns to shareholders.' Under this new program, the Company will repurchase $200 million in additional shares immediately via a 10b5-1 program. The Company continues to execute on its existing $60 million share repurchase program, initiated in January 2025, which is expected to be completed this year. Upon completion of these programs, the Company will have remaining open repurchase authorization of $334 million. 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 Nuclear Power, Process and Industrial markets. We leverage a workforce of approximately 9,000 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
Business Wire
06-08-2025
- Business
- Business Wire
Curtiss-Wright Reports Second Quarter 2025 Financial Results and Raises Full-Year 2025 Guidance
DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) reports financial results for the second quarter ended June 30, 2025. "We are successfully executing our Pivot to Growth strategy and building strong momentum to compound sustained profitable growth." Second Quarter 2025 Highlights: Reported sales of $877 million, up 12%, operating income of $156 million, operating margin of 17.8%, and diluted earnings per share (EPS) of $3.19; Adjusted operating income of $160 million, up 20%; Adjusted operating margin of 18.3%, up 130 basis points; Adjusted diluted EPS of $3.23, up 21%; New orders of $1.0 billion, reflecting a 1.14x book-to-bill; and Free cash flow (FCF) of $117 million. Raised Full-Year 2025 Adjusted Financial Outlook: 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%); FCF guidance range increased to $520 to $535 million, which continues to reflect greater than 105% FCF conversion; and Full-year 2025 guidance includes the potential direct impacts from tariffs on our operations as well as mitigating actions. "Curtiss-Wright delivered a strong second quarter, highlighted by double-digit revenue growth in both our total A&D and Commercial markets, significant operating margin expansion, greater than 20% growth in Adjusted diluted EPS, and better-than-expected free cash flow generation," said Lynn M. Bamford, Chair and CEO of Curtiss-Wright Corporation. "Our results also reflected the benefits of the Company's ongoing restructuring and operational excellence initiatives, and our dedication to making continued investments that drive profitable growth." "Based on the strong first-half results and our outlook for the remainder of 2025, we have increased our full-year Adjusted guidance for sales, operating income, diluted EPS and free cash flow. We are successfully executing our Pivot to Growth strategy and building strong momentum to compound sustained profitable growth. In addition, we remain extremely well aligned to many favorable secular growth trends across our markets, today and well into the future." Second Quarter 2025 Operating Results Sales of $877 million increased 12% compared with the prior year period; Total A&D market sales increased 12%, while total Commercial market sales increased 10%; In our A&D markets, stronger than expected growth in the defense markets was driven by higher submarine revenues in naval defense and increased sales of defense electronics products, as well as higher OEM sales in the commercial aerospace market; In our Commercial markets, strong growth in the power & process market was principally driven by the contribution from our Ultra Energy acquisition and higher organic sales of commercial nuclear products, while sales in the general industrial market were flat; and Adjusted operating income of $160 million increased 20%, while Adjusted operating margin increased 130 basis points to 18.3%, driven by favorable overhead absorption on higher revenues in all three segments, the benefits of the Company's restructuring and operational excellence initiatives, favorable mix in the Naval & Power segment, and favorable foreign currency translation, partially offset by higher investment in research and development. Second Quarter 2025 Segment Performance Aerospace & Industrial Sales of $239 million, up $6 million, or 3%; Commercial aerospace market revenue growth reflected increased demand and higher OEM sales of sensors products and surface treatment services on narrowbody and widebody platforms; General industrial market revenue was essentially flat, as the benefit of higher sales of industrial vehicle products serving on-highway vehicle platforms and increased surface treatment services were offset by lower global off-highway and specialty industrial vehicle sales; and Adjusted operating income was $40 million, up 5% from the prior year, while adjusted operating margin increased 40 basis points to 16.6%, driven by favorable absorption on higher revenues, the benefits of the Company's restructuring initiatives and favorable foreign currency translation. Defense Electronics Sales of $253 million, up $25 million, or 11%; Higher revenue in the aerospace defense market was principally driven by increased sales of our embedded computing equipment to various international customers while also supporting several domestic unmanned aerial vehicle programs; Ground defense market revenue growth reflected higher sales of tactical battlefield communications equipment as well as increased support for U.S. ground vehicle modernization; Higher revenue in the commercial aerospace market reflected increased sales of our flight data recorder technology to OEM customers; and Adjusted operating income was $68 million, up 15% from the prior year, while adjusted operating margin increased 110 basis points to 26.8%, reflecting favorable absorption on higher defense revenues and the benefits of our operational excellence initiatives. Naval & Power Sales of $384 million, up $61 million, or 19%; Revenue growth in the naval defense market was principally driven by our strong order book and the timing of revenues on the Columbia-class submarine program, in addition to increased revenues supporting next-generation submarine development and higher sales of aircraft handling systems equipment to international customers; Higher power & process market revenues mainly reflected the contribution from our prior year acquisition to our commercial nuclear and process markets, as well as higher organic sales of commercial nuclear products supporting the maintenance of existing operating reactors and the development of next-generation advanced reactors; and Adjusted operating income was $64 million, up 36% from the prior year, while adjusted operating margin increased 210 basis points to 16.5%, due to favorable absorption on higher revenues and favorable mix of products, partially offset by higher investment in research and development. Free Cash Flow (In millions) Q2-2025 Q2-2024 Change Net cash provided by operating activities $ 137 $ 111 23 % Capital expenditures (19 ) (11 ) 75 % Free cash flow $ 117 $ 100 17 % Expand Free cash flow of $117 million increased $17 million, as higher cash earnings and improved working capital were partially offset by higher capital investments in all three segments. New Orders and Backlog New orders of $1.0 billion increased slightly compared with the prior year principally reflecting strong demand in our commercial nuclear and commercial aerospace end markets, mainly offset by the timing of orders in naval defense; and Backlog of $3.9 billion, up 12% from December 31, 2024, reflecting strong demand across the A&D and Commercial markets. Share Repurchase and Dividends During the second quarter, the Company repurchased 59,501 shares of its common stock for approximately $21 million; and The Company declared a quarterly dividend of $0.24 a share, representing a $0.03 or 14% increase from the previous quarter. Full-Year 2025 Guidance The Company is updating its full-year 2025 Adjusted financial guidance (1) as follows: ($ in millions, except EPS) 2025 Adjusted Non-GAAP Guidance (Prior) 2025 Adjusted Non-GAAP Guidance (Current) Change vs 2024 Adjusted (Current) Total Sales $3,365 - $3,415 $3,390 - $3,435 9 - 10% Operating Income $614 - $632 $626 - $642 15 - 18% Operating Margin 18.3% - 18.5% 18.5% - 18.7% 100 - 120 bps Diluted EPS $12.45 - $12.80 $12.70 - $13.00 16 - 19% Free Cash Flow (2) $495 - $515 $520 - $535 8 - 11% Expand (1) Reconciliations of Reported to Adjusted 2024 operating results and 2025 financial guidance are available in the Appendix and exclude first-year purchase accounting costs associated with prior-year acquisitions and costs associated with the Company's 2024 Restructuring Program. (2) 2025 Free Cash Flow guidance includes higher capital expenditures supporting growth and efficiency (reflecting a $14 to $24 million year-over-year increase compared with 2024 results), the timing of prior year record customer advances and a $15 million current year increase due to a reduction in tax payments driven by the recent signing of the H.R. 1 - "One Big Beautiful Bill Act." Expand ********** A more detailed breakdown of the Company's 2025 financial guidance by segment and by market, as well as all reconciliations of Reported GAAP amounts to Adjusted non-GAAP amounts, can be found in the accompanying schedules. Historical financial results are available in the Investor Relations section of Curtiss-Wright's website. Conference Call & Webcast Information The Company will host a conference call to discuss its second quarter 2025 financial results and updates to 2025 guidance at 10:00 a.m. ET on Thursday, August 7, 2025. A live webcast of the call and the accompanying financial presentation, as well as a webcast replay of the call, will be made available on the internet by visiting the Investor Relations section of the Company's website at (Tables to Follow) ($'s in thousands, except par value) June 30, December 31, 2025 2024 Assets Current assets: Cash and cash equivalents $ 331,664 $ 385,042 Receivables, net 961,601 835,037 Inventories, net 610,884 541,442 Other current assets 95,571 88,073 Total current assets 1,999,720 1,849,594 Property, plant, and equipment, net 359,683 339,118 Goodwill 1,698,642 1,675,718 Other intangible assets, net 569,566 596,831 Operating lease right-of-use assets, net 192,317 169,350 Prepaid pension asset 314,921 299,130 Other assets 59,626 55,963 Total assets $ 5,194,475 $ 4,985,704 Liabilities Current liabilities: Current portion of long-term and short-term debt $ — $ 90,000 Accounts payable 261,070 247,185 Accrued expenses 178,780 219,054 Deferred revenue 500,245 459,421 Other current liabilities 86,431 80,288 Total current liabilities 1,026,526 1,095,948 Long-term debt 958,381 958,949 Deferred tax liabilities, net 144,815 140,659 Accrued pension and other postretirement benefit costs 69,712 67,413 Long-term operating lease liability 171,019 148,175 Other liabilities 112,302 124,761 Total liabilities $ 2,482,755 $ 2,535,905 Stockholders' equity Common stock, $1 par value $ 49,187 $ 49,187 Additional paid in capital 149,650 147,940 Retained earnings 4,066,497 3,861,073 Accumulated other comprehensive loss (168,117 ) (243,225 ) Less: cost of treasury stock (1,385,497 ) (1,365,176 ) Total stockholders' equity $ 2,711,720 $ 2,449,799 Total liabilities and stockholders' equity $ 5,194,475 $ 4,985,704 Expand Use and Definitions of Non-GAAP Financial Information (Unaudited) The Corporation supplements its financial information determined under U.S. generally accepted accounting principles (GAAP) with certain non-GAAP financial information. Curtiss-Wright believes that these Adjusted (non-GAAP) measures provide investors with improved transparency in order to better measure Curtiss-Wright's ongoing operating and financial performance and better comparisons of our key financial metrics to our peers. These non-GAAP measures should not be considered in isolation or as a substitute for the related GAAP measures, and other companies may define such measures differently. Curtiss-Wright encourages investors to review its financial statements and publicly filed reports in their entirety and not to rely on any single financial measure. Reconciliations of 'Reported' GAAP amounts to 'Adjusted' non-GAAP amounts are furnished within this release. The following definitions are provided: Adjusted Sales, Operating Income, Operating Margin, Net Earnings and Diluted EPS These Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Earnings and Diluted Earnings per Share under GAAP excluding: (i) the impact of first year purchase accounting costs associated with acquisitions, specifically one-time inventory step-up, backlog amortization, deferred revenue adjustments, transaction costs, and gains/losses on equity securities held for investment purposes; and (ii) costs associated with the Company's 2024 Restructuring Program, as applicable. ($'s in thousands) Six Months Ended Six Months Ended June 30, 2025 June 30, 2024 % Change Sales: Aerospace & Industrial $ 466,384 $ — $ 466,384 $ 452,557 $ — $ 452,557 3 % 3 % Defense Electronics 498,175 — 498,175 440,202 — 440,202 13 % 13 % Naval & Power 717,662 — 717,662 605,199 — 605,199 19 % 19 % Total sales $ 1,682,221 $ — $ 1,682,221 $ 1,497,958 $ — $ 1,497,958 12 % 12 % Operating income (expense): Aerospace & Industrial (2) $ 68,928 $ 2,346 $ 71,274 $ 62,712 $ 2,619 $ 65,331 10 % 9 % Defense Electronics (2) 135,282 19 135,301 106,325 523 106,848 27 % 27 % Naval & Power (1)(2) 102,279 6,202 108,481 81,474 342 81,816 26 % 33 % Total segments $ 306,489 $ 8,567 $ 315,056 $ 250,511 $ 3,484 $ 253,995 22 % 24 % Corporate and other (2) (20,977 ) (28 ) (21,005 ) (21,653 ) 964 (20,689 ) 3 % (2 )% Operating margins: As Reported Adjusted As Reported Adjusted As Reported Adjusted Aerospace & Industrial 14.8 % 15.3 % 13.9 % 14.4 % 90 bps 90 bps Defense Electronics 27.2 % 27.2 % 24.2 % 24.3 % 300 bps 290 bps Naval & Power 14.3 % 15.1 % 13.5 % 13.5 % 80 bps 160 bps Total Curtiss-Wright 17.0 % 17.5 % 15.3 % 15.6 % 170 bps 190 bps Segment margins 18.2 % 18.7 % 16.7 % 17.0 % 150 bps 170 bps (1) Excludes first year purchase accounting adjustments in both the current and prior year periods. (2) Excludes costs associated with the Company's 2024 Restructuring Program in both the current and prior year periods. Expand CURTISS-WRIGHT CORPORATION and SUBSIDIARIES Three Months Ended Six Months Ended June 30, June 30, 2025 2024 2025 2024 Diluted earnings per share - As Reported $ 3.19 $ 2.58 $ 5.87 $ 4.58 First year purchase accounting adjustments 0.02 — 0.13 — Restructuring costs 0.02 0.09 0.05 0.09 Diluted earnings per share - Adjusted (1) $ 3.23 $ 2.67 $ 6.05 $ 4.67 (1) All adjustments are presented net of income taxes. Expand Organic Sales and Organic Operating Income The Corporation discloses organic sales and organic operating income because the Corporation believes it provides investors with insight as to the Company's ongoing business performance. Organic sales and organic operating income are defined as sales and operating income, excluding contributions from acquisitions and results of operations from divested businesses or product lines during the last twelve months, costs associated with the Company's 2024 Restructuring Program, and foreign currency fluctuations. Free Cash Flow and Free Cash Flow Conversion The Corporation discloses free cash flow because it measures cash flow available for investing and financing activities. Free cash flow represents cash available to repay outstanding debt, invest in the business, acquire businesses, return capital to shareholders and make other strategic investments. Free cash flow is defined as net cash provided by operating activities less capital expenditures. The Corporation discloses free cash flow conversion because it measures the proportion of net earnings converted into free cash flow and is defined as free cash flow divided by adjusted net earnings. CURTISS-WRIGHT CORPORATION 2025 Guidance As of August 6, 2025 ($'s in millions, except per share data) Low High Low High 2025 Chg vs 2024 Adjusted Sales: Aerospace & Industrial $ 932 $ — $ 932 $ 965 $ 980 $ — $ 965 $ 980 4 - 5 % Defense Electronics 911 — 911 995 1,010 — 995 1,010 9 - 11 % Naval & Power 1,278 — 1,278 1,430 1,445 — 1,430 1,445 12 - 13 % Total sales $ 3,121 $ — $ 3,121 $ 3,390 $ 3,435 $ — $ 3,390 $ 3,435 9 - 10 % Operating income: Aerospace & Industrial $ 148 $ 10 $ 158 $ 164 $ 170 $ 3 $ 167 $ 173 6 - 9 % Defense Electronics 225 2 227 267 273 — 267 273 18 - 20 % Naval & Power 200 2 202 220 226 12 232 238 15 - 18 % Total segments $ 572 $ 15 $ 587 $ 651 $ 669 $ 15 $ 666 $ 684 Corporate and other (44 ) 3 (41 ) (40 ) (42 ) — (40 ) (42 ) Total operating income $ 529 $ 17 $ 546 $ 611 $ 627 $ 15 $ 626 $ 642 15 - 18 % Interest expense $ (45 ) $ — $ (45 ) $ (42 ) $ (43 ) $ — $ (42 ) $ (43 ) Other income, net 38 — 38 33 34 — 33 34 Earnings before income taxes $ 522 $ 17 $ 539 $ 602 $ 618 $ 15 $ 618 $ 632 Provision for income taxes (117 ) (4 ) (121 ) (133 ) (136 ) (3 ) (136 ) (139 ) Net earnings $ 405 $ 13 $ 418 $ 469 $ 482 $ 12 $ 482 $ 493 Diluted earnings per share $ 10.55 $ 0.35 $ 10.90 $ 12.40 $ 12.70 $ 0.30 $ 12.70 $ 13.00 16 - 19 % Diluted shares outstanding 38.4 38.4 37.9 37.9 37.9 37.9 Effective tax rate 22.4 % 22.4 % 22.0 % 22.0 % 22.0 % 22.0 % Operating margins: Aerospace & Industrial 15.9 % 17.0 % 17.0 % 17.3 % 17.3 % 17.6 % 30 - 60 bps Defense Electronics 24.7 % 24.9 % 26.8 % 27.0 % 26.8 % 27.0 % 190 - 210 bps Naval & Power 15.6 % 15.8 % 15.4 % 15.6 % 16.3 % 16.5 % 50 - 70 bps Total operating margin 16.9 % 17.5 % 18.0 % 18.3 % 18.5 % 18.7 % 100 - 120 bps Free cash flow (3) $ 483 $ — $ 483 $ 520 $ 535 $ — $ 520 $ 535 8 - 11 % Notes: Amounts may not add due to rounding. (1) 2024 Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Income and Diluted EPS under GAAP excluding costs associated with the Company's 2024 Restructuring Program and the impact of first year purchase accounting adjustments. (2) 2025 Adjusted financials are defined as Reported Operating Income, Operating Margin, Net Income and Diluted EPS under GAAP excluding costs associated with the Company's 2024 Restructuring Program and the impact of first year purchase accounting adjustments. (3) Free Cash Flow is defined as cash flow from operations less capital expenditures. 2025 Free Cash Flow guidance includes higher capital expenditures supporting growth and efficiency (reflecting a $14 to $24 million year-over-year increase compared with 2024 results), the timing of prior year record customer advances and a $15 million current year increase due to a reduction in tax payments driven by the recent signing of the H.R. 1 - "One Big Beautiful Bill Act." Expand 2025 Sales Growth Guidance by End Market As of August 6, 2025 Prior Current % Total Sales Aerospace & Defense Markets Aerospace Defense 6 - 8% 7 - 9% 19% Ground Defense 6 - 8% 6 - 8% 11% Naval Defense 5 - 7% 7 - 9% 26% Commercial Aerospace 13 - 15% 13 - 15% 13% Total Aerospace & Defense 7 - 9% 8 - 10% 69% Commercial Markets Power & Process 16- 18% 16- 18% 19% General Industrial Flat Flat 12% Total Commercial 9 - 11% 9 - 11% 31% Total Curtiss-Wright Sales 8 - 9% 9 - 10% 100% Note: Sales percentages may not add due to rounding. Expand 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 Nuclear Power, Process and Industrial markets. We leverage a workforce of approximately 9,000 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 Certain statements made in this press release, including statements about future revenue, financial performance guidance, quarterly and annual revenue, net income, operating income growth, future business opportunities, cost saving initiatives, the successful integration of the Company's acquisitions, and future cash flow from operations, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements present management's expectations, beliefs, plans and objectives regarding future financial performance, and assumptions or judgments concerning such performance. Any discussions contained in this press release, except to the extent that they contain historical facts, are forward-looking and accordingly involve estimates, assumptions, judgments, and uncertainties. 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; geopolitical risks; evolving impacts from tariffs between the U.S. and other countries (including implementation of new tariffs and retaliatory measures); changes in the competitive marketplace and/or customer requirements; a change in government spending; an inability to perform customer contracts at anticipated cost levels; and other factors that generally affect the business of aerospace, defense contracting, electronics, marine, and industrial companies. Such factors are detailed in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and subsequent reports filed with the Securities and Exchange Commission.
Yahoo
08-07-2025
- Business
- Yahoo
LVS Advisory's Investment Thesis for Curtiss-Wright (CW)
LVS Advisory, a New York City-based full-service investment firm, recently released its second-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first half of 2025, the LVS Event-Driven portfolio returned 3.6% (net of fees), and the LVS Growth Portfolio delivered 15.8% net of all fees and expenses. This compares to a 4.8% return for the high-yield bond index and a 6.2% gain for the S&P 500 index. For more information on the fund's top picks in 2025, please check its top five holdings. In its second-quarter 2025 investor letter, LVS Advisory highlighted stocks such as Curtiss-Wright Corporation (NYSE:CW). Curtiss-Wright Corporation (NYSE:CW) is an industrial company that provides engineered products, solutions, and services mainly to aerospace and defense, commercial power, process, and industrial markets worldwide. The one-month return of Curtiss-Wright Corporation (NYSE:CW) was 7.64%, and its shares gained 79.24% of their value over the last 52 weeks. On July 7, 2025, Curtiss-Wright Corporation (NYSE:CW) stock closed at $491.40 per share, with a market capitalization of $18.521 billion. LVS Advisory stated the following regarding Curtiss-Wright Corporation (NYSE:CW) in its second quarter 2025 investor letter: "Curtiss-Wright Corporation (NYSE:CW) is an industrial conglomerate serving the aerospace, defense, and nuclear power industries. The company is not a household name, but it probably should be. CW's history traces back to the invention of flight as its predecessor company was founded by the Wright brothers. The stock went public in 1929 and has remained publicly listed ever since, making it one of the NYSE's longest continuously listed companies. An assembly line of industrial vehicles, showcasing the company's technological prowess. Curtiss-Wright Corporation (NYSE:CW) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 46 hedge fund portfolios held Curtiss-Wright Corporation (NYSE:CW) at the end of the first quarter, compared to 50 in the previous quarter. Curtiss-Wright Corporation (NYSE:CW) reported revenue of $806 million in Q1 2025, an increase of 13% from Q1 2024. While we acknowledge the potential of Curtiss-Wright Corporation (NYSE: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 timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered Curtiss-Wright Corporation (NYSE:CW) and shared the list of dividend stocks according to dividend yields. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. While we acknowledge the potential of CW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-07-2025
- Business
- Yahoo
Curtiss-Wright to Announce Second Quarter 2025 Financial Results
DAVIDSON, N.C., July 08, 2025--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) expects to release its second quarter 2025 financial results after the close of trading on Wednesday, August 6, 2025. A webcast conference call will be held on Thursday, August 7, 2025, at 10:00 am ET for management to discuss the Company's second 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 CWQ225. 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 Nuclear Power, Process and Industrial markets. We leverage a workforce of approximately 8,900 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
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
