Woodward (NASDAQ:WWD) EVP Sells $65,208.80 in Stock

Woodward, Inc. (NASDAQ:WWD) EVP Karrie Bem sold 185 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $352.48, for a total transaction of $65,208.80. Following the sale, the executive vice president owned 3,833 shares of the company’s stock, valued at approximately $1,351,055.84. This represents a 4.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Woodward Stock Performance

WWD traded up $2.72 during mid-day trading on Tuesday, reaching $352.13. 341,569 shares of the company traded hands, compared to its average volume of 685,642. The stock has a market capitalization of $20.98 billion, a P/E ratio of 42.12, a P/E/G ratio of 2.07 and a beta of 0.92. The company has a quick ratio of 1.19, a current ratio of 1.73 and a debt-to-equity ratio of 0.18. The company’s fifty day moving average price is $371.78 and its 200-day moving average price is $338.79. Woodward, Inc. has a 52-week low of $204.03 and a 52-week high of $407.00.

Woodward (NASDAQ:WWD) last announced its earnings results on Wednesday, April 29th. The technology company reported $2.27 earnings per share for the quarter, beating analysts’ consensus estimates of $2.10 by $0.17. The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.01 billion. Woodward had a net margin of 12.85% and a return on equity of 20.12%. The company’s quarterly revenue was up 23.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.69 EPS. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. On average, sell-side analysts expect that Woodward, Inc. will post 9.39 EPS for the current year.

Woodward Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st will be paid a dividend of $0.32 per share. The ex-dividend date is Thursday, May 21st. This represents a $1.28 dividend on an annualized basis and a yield of 0.4%. Woodward’s payout ratio is currently 15.33%.

Wall Street Analysts Forecast Growth

WWD has been the subject of a number of recent research reports. TD Cowen boosted their price objective on shares of Woodward from $350.00 to $390.00 and gave the company a “hold” rating in a research report on Tuesday, February 3rd. Royal Bank Of Canada initiated coverage on shares of Woodward in a research report on Thursday, April 16th. They set an “outperform” rating and a $450.00 price objective for the company. Zacks Research downgraded shares of Woodward from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. The Goldman Sachs Group boosted their price objective on shares of Woodward from $362.00 to $408.00 and gave the company a “buy” rating in a research report on Tuesday, February 3rd. Finally, UBS Group boosted their price objective on shares of Woodward from $427.00 to $429.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $390.27.

Institutional Investors Weigh In On Woodward

Hedge funds have recently modified their holdings of the business. Edgestream Partners L.P. bought a new position in Woodward in the 1st quarter worth $203,000. Bull Harbor Capital LLC bought a new position in Woodward in the 1st quarter worth $792,000. South Dakota Investment Council bought a new position in Woodward in the 1st quarter worth $739,000. Amundi boosted its holdings in Woodward by 1,599.9% in the 1st quarter. Amundi now owns 13,395 shares of the technology company’s stock worth $4,794,000 after buying an additional 12,607 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its holdings in Woodward by 27.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,140 shares of the technology company’s stock worth $408,000 after buying an additional 247 shares during the period. Institutional investors own 81.18% of the company’s stock.

Woodward Company 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.