Curtiss-Wright VP sells shares worth $48,160

George P. McDonald, Vice President and Corporate Secretary at Curtiss-Wright Corp (NYSE:CW), recently sold 148 shares of the company’s common stock. The shares were sold at an average price of $325.41, resulting in a total transaction value of $48,160. This transaction took place on March 18, 2025.

Additionally, McDonald acquired 375 shares through a restricted stock unit (RSU) grant, which vested on March 17, 2025. The RSUs were part of an employee benefit program and did not involve a cash transaction. Following these transactions, McDonald holds a total of 1,899 shares directly. InvestingPro data reveals that Curtiss-Wright has maintained dividend payments for 52 consecutive years, demonstrating strong financial stability. Subscribers can access 12 additional exclusive ProTips and comprehensive analysis through the Pro Research Report.

The sale of shares was in line with the company’s share ownership guidelines, allowing the executive to cover tax obligations associated with the vesting of the award. The company maintains a healthy financial position with a current ratio of 1.69, indicating strong liquidity to meet short-term obligations.

In other recent news, Curtiss-Wright Corporation has announced several significant developments. The company secured a $50 million contract with the U.S. Navy to provide high-speed data acquisition systems, extending their long-standing relationship with the Naval Air Systems Command. Additionally, Curtiss-Wright was awarded a $27 million contract to supply Aircraft Ship Integrated Securing and Traversing systems for the Constellation Class Frigates, as part of a larger agreement that could reach $100 million. On the financial front, the company declared a quarterly dividend of $0.21 per share, underscoring its commitment to shareholder value.

Stifel analysts recently adjusted their outlook on Curtiss-Wright, reducing the price target to $331 while maintaining a Hold rating, following a strong fourth-quarter performance that surpassed revenue and earnings per share expectations. Meanwhile, Citi initiated coverage with a Buy rating and a price target of $410, citing favorable defense spending trends and anticipated revenue growth. Citi’s analysts also project that Curtiss-Wright could become net cash positive by 2026, supported by consistent debt reduction and earnings growth. These developments highlight Curtiss-Wright’s ongoing strategic initiatives and its position within the defense sector.

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