2,660 Shares in Woodward, Inc. $WWD Bought by Loring Wolcott & Coolidge Fiduciary Advisors LLP MA

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new stake in Woodward, Inc. (NASDAQ:WWD) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 2,660 shares of the technology company’s stock, valued at approximately $702,000.

Other large investors have also recently made changes to their positions in the company. Norges Bank acquired a new position in shares of Woodward in the second quarter worth about $201,555,000. Bank of New York Mellon Corp increased its holdings in Woodward by 31.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 639,139 shares of the technology company’s stock worth $156,646,000 after acquiring an additional 154,071 shares in the last quarter. Jennison Associates LLC acquired a new position in Woodward during the second quarter worth $28,208,000. Balyasny Asset Management L.P. purchased a new position in Woodward during the second quarter valued at $27,617,000. Finally, Gilder Gagnon Howe & Co. LLC acquired a new stake in shares of Woodward in the second quarter valued at about $11,778,000. 81.18% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Woodward news, COO Thomas G. Cromwell sold 5,000 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $297.88, for a total value of $1,489,400.00. Following the transaction, the chief operating officer directly owned 15,135 shares in the company, valued at $4,508,413.80. The trade was a 24.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director John D. Cohn sold 3,000 shares of the stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $296.33, for a total transaction of $888,990.00. Following the completion of the sale, the director directly owned 21,575 shares of the company’s stock, valued at approximately $6,393,319.75. This trade represents a 12.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 40,000 shares of company stock valued at $11,908,210 over the last ninety days. Company insiders own 0.71% of the company’s stock.

Woodward Stock Performance

NASDAQ WWD opened at $326.04 on Tuesday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.36 and a current ratio of 2.08. The stock’s fifty day moving average is $292.44 and its two-hundred day moving average is $265.27. The firm has a market capitalization of $19.56 billion, a P/E ratio of 45.35, a price-to-earnings-growth ratio of 2.70 and a beta of 1.02. Woodward, Inc. has a fifty-two week low of $146.82 and a fifty-two week high of $329.55.

Woodward (NASDAQ:WWD) last posted its quarterly earnings results on Monday, November 24th. The technology company reported $2.09 EPS for the quarter, topping the consensus estimate of $1.83 by $0.26. The business had revenue of $995.26 million for the quarter, compared to analyst estimates of $943.15 million. Woodward had a return on equity of 17.68% and a net margin of 12.39%.The company’s quarterly revenue was up 16.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.41 EPS. Woodward has set its FY 2026 guidance at 7.500-8.000 EPS. On average, research analysts anticipate that Woodward, Inc. will post 6.15 earnings per share for the current year.

Woodward announced that its board has approved a share buyback plan on Thursday, November 20th that allows the company to repurchase $1.80 billion in outstanding shares. This repurchase authorization allows the technology company to buy up to 11.6% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

WWD has been the subject of several research analyst reports. Melius upgraded shares of Woodward from a “hold” rating to a “buy” rating in a research report on Monday, January 5th. Deutsche Bank Aktiengesellschaft increased their target price on Woodward from $360.00 to $400.00 and gave the company a “buy” rating in a report on Monday, December 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Woodward in a research note on Wednesday, October 8th. Truist Financial set a $366.00 price target on Woodward in a research report on Friday. Finally, Melius Research upgraded Woodward to a “strong-buy” rating in a report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $305.56.

Woodward Profile

Woodward, Inc (NASDAQ: WWD) is a global leader in the design, manufacture and service of control systems and components for the aerospace and industrial markets. Founded in 1870 and headquartered in Fort Collins, Colorado, the company specializes in motion control, fuel systems, actuation, and digital control solutions. Its offerings enable precision management of flow, pressure and motion in critical applications ranging from aircraft engines and power turbines to hydraulic systems.

Woodward’s product portfolio is organized into two primary segments: Aerospace and Industrial.