Woodward, Inc. $WWD Shares Purchased by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC raised its stake in Woodward, Inc. (NASDAQ:WWD) by 10.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 22,451 shares of the technology company’s stock after buying an additional 2,118 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Woodward were worth $7,322,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Ameriflex Group Inc. acquired a new stake in shares of Woodward during the third quarter worth $26,000. Root Financial Partners LLC purchased a new stake in shares of Woodward during the third quarter valued at $27,000. SJS Investment Consulting Inc. boosted its position in shares of Woodward by 1,766.7% in the 3rd quarter. SJS Investment Consulting Inc. now owns 112 shares of the technology company’s stock valued at $28,000 after purchasing an additional 106 shares during the period. Financial Perspectives Inc purchased a new position in Woodward in the 3rd quarter worth about $30,000. Finally, Kilter Group LLC acquired a new stake in Woodward during the 2nd quarter worth about $39,000. 81.18% of the stock is owned by institutional investors.

Woodward Stock Performance

Shares of WWD opened at $351.17 on Friday. The firm has a market cap of $20.94 billion, a price-to-earnings ratio of 44.23, a price-to-earnings-growth ratio of 2.51 and a beta of 0.96. The company’s fifty day moving average is $367.95 and its 200-day moving average is $308.57. The company has a quick ratio of 1.36, a current ratio of 2.05 and a debt-to-equity ratio of 0.18. Woodward, Inc. has a 12 month low of $146.82 and a 12 month high of $403.31.

Woodward (NASDAQ:WWD) last released its quarterly earnings data on Monday, February 2nd. The technology company reported $2.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.52. The business had revenue of $996.45 million during the quarter, compared to analyst estimates of $901.92 million. Woodward had a net margin of 12.89% and a return on equity of 19.07%. Woodward’s quarterly revenue was up 28.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.35 EPS. Woodward has set its FY 2026 guidance at 8.200-8.600 EPS. Equities analysts expect that Woodward, Inc. will post 6.15 EPS for the current fiscal year.

Woodward Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 5th. Stockholders of record on Thursday, February 19th were issued a dividend of $0.32 per share. The ex-dividend date of this dividend was Thursday, February 19th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.4%. This is a positive change from Woodward’s previous quarterly dividend of $0.28. Woodward’s payout ratio is currently 16.12%.

Wall Street Analysts Forecast Growth

WWD has been the subject of several recent analyst reports. Truist Financial raised their target price on shares of Woodward from $366.00 to $404.00 and gave the stock a “buy” rating in a report on Tuesday, February 3rd. Melius Research raised shares of Woodward from a “hold” rating to a “buy” rating in a research note on Monday, January 5th. Jefferies Financial Group reissued a “buy” rating and set a $450.00 target price on shares of Woodward in a research note on Sunday, February 8th. The Goldman Sachs Group raised their target price on Woodward from $362.00 to $408.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. Finally, UBS Group reissued a “buy” rating on shares of Woodward in a research report on Thursday, March 12th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Woodward currently has an average rating of “Moderate Buy” and a consensus price target of $354.80.

Insider Buying and Selling

In other Woodward news, Director John D. Cohn sold 2,250 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $369.62, for a total transaction of $831,645.00. Following the completion of the sale, the director owned 21,575 shares of the company’s stock, valued at $7,974,551.50. This represents a 9.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Charles P. Blankenship sold 5,000 shares of Woodward stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $367.40, for a total transaction of $1,837,000.00. Following the completion of the transaction, the chief executive officer directly owned 65,854 shares in the company, valued at approximately $24,194,759.60. This represents a 7.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 26,925 shares of company stock valued at $10,203,160 over the last 90 days. 0.71% of the stock is currently owned by insiders.

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.