Driehaus Capital Management 13F: Cuts CW Stake by $3M

Driehaus Capital Reduces Exposure to Curtiss-Wright Corporation

Driehaus Capital Management adjusted its investment in Curtiss-Wright Corporation CW, selling 3,944 shares during the period ended May 15, 2026. According to a Form 13F filing with the U.S. Securities and Exchange Commission, the adjustment marked a 1.7% decrease from the previous quarter. The fund finished the period with 225,759 shares.

Size of the Remaining Holding

Even after trimming the block, the remaining position carried an estimated value of $171.1 million. The filing captures portfolio data as of May 15, 2026, meaning it reflects past activity and might not match the fund's current holdings today. Driehaus Capital has been active across multiple sectors recently, adjusting stakes in several other portfolio companies during the same reporting cycle.

Curtiss-Wright Stock Performance Context

Shares of the defense contractor change hands near the upper tier of their 52-week band, which spans from a low of $502.00 to a high of $808.16. The company carries a valuation near $21.0 billion and operates with a price-to-earnings multiple of 39.0. Trading activity places the equity well above both its 50-day and 200-day moving averages.

Recent Earnings and Financial Health

For the period, the company reported $3.65 billion in revenue alongside a 5.4% growth rate. Net profit margin reached 14.8% paired with a return on equity of 19.7%. Earnings per share landed at $14.55. Management set the next earnings update for November 4, 2026.

Dividend Payments and Yields

Shareholders collect an annual dividend distribution of $1.04 per share, translating to a modest dividend yield of 0.2%. The payout utilizes 6.7% of earnings, leaving room for capital retention.

Analysts Set New Price Targets

Wall Street firms maintain varied outlooks on the stock. On July 1, 2026, Citigroup maintained a neutral rating while adjusting its price target to $793.00, and later on October 7, 2026, kept a neutral rating with a revised target of $622.00. Stifel held a hold rating on July 20, 2026, with a target of $768.00. Piper Sandler initiated coverage on September 2, 2026, at neutral with a target of $665.00, while Guggenheim started coverage on September 15, 2026, with a buy rating and a target of $786.00. Overall, eight analysts track the stock, resulting in a consensus buy rating and a mean target price of $786.25.

About Curtiss-Wright Corporation

Based in Davidson, North Carolina, Curtiss-Wright builds engineered components and provides technical services for aerospace, defense, and commercial nuclear markets. Its operations span specialized vehicle parts, defense electronics, naval propulsion systems, and valve technologies for power generation plants.

What to Watch at Curtiss-Wright Corporation

Investors tracking the fund will wait for subsequent 13F disclosures to see if Driehaus Capital continues trimming or reverses course. Meanwhile, market participants look ahead to the company's next earnings report on November 4, 2026, for further operational updates.