Woodward (NASDAQ:WWD) EVP Sells 2,150 Shares

Woodward, Inc. (NASDAQ:WWD) EVP Shawn Mclevige sold 2,150 shares of the firm’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $356.82, for a total transaction of $767,163.00. Following the completion of the sale, the executive vice president owned 3,098 shares of the company’s stock, valued at $1,105,428.36. The trade was a 40.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Woodward Stock Up 0.7%

Shares of NASDAQ:WWD traded up $2.36 during trading on Monday, reaching $363.11. 161,262 shares of the stock were exchanged, compared to its average volume of 723,064. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.65 and a quick ratio of 1.14. The stock has a fifty day moving average of $395.61 and a two-hundred day moving average of $377.60. The firm has a market cap of $21.63 billion, a price-to-earnings ratio of 40.43, a price-to-earnings-growth ratio of 2.12 and a beta of 0.88. Woodward, Inc. has a 1-year low of $233.31 and a 1-year high of $450.92.

Woodward (NASDAQ:WWD) last released its quarterly earnings results on Wednesday, July 29th. The technology company reported $2.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.44 by $0.08. The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.11 billion. Woodward had a return on equity of 21.89% and a net margin of 13.17%.The company’s quarterly revenue was up 21.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.76 EPS. Woodward has set its FY 2026 guidance at 9.300-9.500 EPS. Research analysts anticipate that Woodward, Inc. will post 9.43 earnings per share for the current fiscal year.

Woodward Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be issued a dividend of $0.32 per share. The ex-dividend date is Thursday, August 20th. This represents a $1.28 annualized dividend and a yield of 0.4%. Woodward’s payout ratio is 14.24%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Aster Capital Management DIFC Ltd bought a new stake in Woodward in the 4th quarter valued at about $35,000. Elevation Wealth Partners LLC raised its position in shares of Woodward by 550.0% in the second quarter. Elevation Wealth Partners LLC now owns 91 shares of the technology company’s stock valued at $39,000 after purchasing an additional 77 shares during the period. Parallel Advisors LLC raised its holdings in Woodward by 82.5% during the 1st quarter. Parallel Advisors LLC now owns 115 shares of the technology company’s stock valued at $41,000 after acquiring an additional 52 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Woodward during the 4th quarter valued at $44,000. Finally, Caitong International Asset Management Co. Ltd bought a new position in Woodward in the 4th quarter worth about $61,000. Hedge funds and other institutional investors own 81.18% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on WWD. Susquehanna began coverage on shares of Woodward in a research note on Tuesday, May 26th. They issued a “positive” rating and a $423.00 price objective for the company. Royal Bank Of Canada reduced their target price on Woodward from $450.00 to $430.00 and set an “outperform” rating for the company in a report on Thursday. Truist Financial increased their price target on Woodward from $404.00 to $415.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Weiss Ratings reiterated a “buy (b)” rating on shares of Woodward in a report on Friday, July 17th. Finally, Wall Street Zen lowered Woodward from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Woodward has an average rating of “Buy” and a consensus target price of $393.83.

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.