Wedge Capital Management L L P NC Reduces Stake in Curtiss-Wright Corporation by 5.5% in Q1 2023
June 30, 2023
☀️Trending News
CURTISS-WRIGHT ($NYSE:CW): Curtiss-Wright Corporation is a leading global provider of highly engineered, technologically advanced products and services. The company specializes in the design, manufacture, and supply of aerospace and defense components, industrial equipment, and power generation systems. Wedge Capital Management L L P NC revealed on June 22nd that their stake in the company has been reduced by 5.5% in the first quarter of 2023. This reduction is expected to have a minimal impact on Curtiss-Wright’s bottom line. Despite this decrease in ownership, Curtiss-Wright remains a strong and reliable partner to customers across the aerospace, industrial, and power generation sectors.
The company has a long history of quality products and services which has helped them establish a loyal customer base. The leadership team is committed to providing the highest level of excellence and innovation to its customers. With the continued expansion of their product line and strategic partnerships, Curtiss-Wright will continue to be a leader in their industry for years to come.
Analysis
GoodWhale recently conducted an analysis of CURTISS-WRIGHT CORPORATION‘s wellbeing. Our analysis resulted in the star chart which shows that CURTISS-WRIGHT CORPORATION falls under rhino category, meaning that the company has achieved moderate revenue or earnings growth. Different types of investors may be interested in CURTISS-WRIGHT CORPORATION, depending on their own preferences and objectives. CURTISS-WRIGHT CORPORATION is strong in dividend and profitability, and medium in asset. However, its growth rate is weak. Despite this, the company has a high health score of 8/10 with regard to its cashflows and debt, which is a positive indicator that it has the capability to sustain future operations in times of crisis. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Curtiss-wright Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 2.63k | 310.51 | 11.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Curtiss-wright Corporation. More…
| Operations | Investing | Financing |
| 294.78 | -325.87 | 129.43 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Curtiss-wright Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.36k | 2.31k | 53.62 |
Key Ratios Snapshot
Some of the financial key ratios for Curtiss-wright Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.5% | 2.8% | 17.5% |
| FCF Margin | ROE | ROA |
| 9.8% | 14.2% | 6.6% |
Peers
Its competitors include Circor International Inc, Altra Industrial Motion Corp, Parker Hannifin Corp.
– Circor International Inc ($NYSE:CIR)
Circor International, Inc. is a global supplier of fluid handling products and services for the oil, gas, power generation, and other industries. The company’s products include valves, pumps, and related products and services. Circor International, Inc. was founded in 1987 and is headquartered in Burlington, Massachusetts.
– Altra Industrial Motion Corp ($NASDAQ:AIMC)
Altria Industrial Motion Corp is a publicly traded company that manufactures and sells a variety of industrial products. The company has a market capitalization of 3.77 billion as of 2022 and a return on equity of 3.22%. Altria Industrial Motion Corp is a diversified company that operates in a variety of industries, including automotive, aerospace, and industrial products. The company’s products are used in a variety of applications, including transportation, manufacturing, and construction.
– Parker Hannifin Corp ($NYSE:PH)
Parker Hannifin is a diversified industrial manufacturer that specializes in motion and control technologies. The company’s products include hydraulic and pneumatic components, sealants, and fluid connectors, as well as a variety of industrial and mobile automation technologies. Parker Hannifin serves a variety of markets, including aerospace, climate control, electromechanical, filtration, and general industrial.
With a market cap of nearly $40 billion, Parker Hannifin is one of the largest diversified industrial manufacturers in the world. The company’s strong financial performance is reflected in its return on equity, which has averaged more than 13% over the past five years. Parker Hannifin’s diversified product portfolio and global reach have positioned it well to continue delivering strong results for shareholders in the years to come.
Summary
Investors have been keeping a close watch on Curtiss-Wright Corporation, with Wedge Capital Management L L P NC recently reducing its stake in the company by 5.5% in the first quarter of 2023. Analysts have long been bullish on the company and its potential to outperform the market. Curtiss-Wright Corporation has been a leader in the aerospace, defense, power generation, and other industries, with strong fundamentals and innovative technologies driving strong returns. The company boasts strong balance sheets, low debt levels, and robust dividend payouts.
Furthermore, Curtiss-Wright Corporation is well positioned to continue growing in line with industry trends as demand for their products and services grows. Overall, investors should be bullish on Curtiss-Wright Corporation’s prospects and should consider adding to their holdings in the stock.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
