Jupiter Topco LLC Invests $11.43 Million in Woodward, Inc. $WWD

Jupiter Topco LLC bought a new position in Woodward, Inc. (NASDAQ:WWD) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 26,849 shares of the technology company’s stock, valued at approximately $11,427,000.

A number of other institutional investors and hedge funds also recently modified their holdings of WWD. Woodline Partners LP acquired a new position in shares of Woodward in the 1st quarter valued at $2,039,000. Focus Partners Wealth raised its holdings in Woodward by 35.5% during the 1st quarter. Focus Partners Wealth now owns 2,390 shares of the technology company’s stock worth $436,000 after buying an additional 626 shares during the period. Acadian Asset Management LLC lifted its stake in Woodward by 684.3% during the first quarter. Acadian Asset Management LLC now owns 5,043 shares of the technology company’s stock valued at $920,000 after buying an additional 4,400 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in Woodward by 7.0% during the second quarter. Russell Investments Group Ltd. now owns 4,030 shares of the technology company’s stock valued at $988,000 after buying an additional 265 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Woodward by 11.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 506 shares of the technology company’s stock worth $124,000 after buying an additional 54 shares during the period. 81.18% of the stock is owned by institutional investors and hedge funds.

Woodward Stock Down 1.3%

WWD opened at $341.81 on Friday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.14 and a current ratio of 1.65. Woodward, Inc. has a twelve month low of $233.31 and a twelve month high of $450.92. The business has a 50 day moving average price of $387.62 and a 200 day moving average price of $379.75. The firm has a market cap of $20.18 billion, a P/E ratio of 38.02, a price-to-earnings-growth ratio of 2.01 and a beta of 0.88.

Woodward (NASDAQ:WWD) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $2.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.44 by $0.08. The company had revenue of $1.11 billion for 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 firm’s revenue was up 21.2% compared to the same quarter last year. During the same period last year, the business posted $1.76 earnings per share. Woodward has set its FY 2026 guidance at 9.300-9.500 EPS. Research analysts forecast that Woodward, Inc. will post 9.46 EPS for the current year.

Woodward Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be given a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Woodward’s dividend payout ratio is currently 14.24%.

Insider Buying and Selling at Woodward

In other Woodward news, EVP Shawn M. Mclevige sold 2,150 shares of the stock in a transaction on Friday, July 31st. The shares were sold at an average price of $356.82, for a total value of $767,163.00. Following the completion of the sale, the executive vice president directly owned 3,098 shares of the company’s stock, valued at $1,105,428.36. This represents a 40.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Daniel G. Korte sold 14,700 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $356.05, for a total transaction of $5,233,935.00. Following the completion of the sale, the director owned 4,434 shares in the company, valued at $1,578,725.70. This represents a 76.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.71% of the company’s stock.

Analysts Set New Price Targets

WWD has been the topic of several analyst reports. Susquehanna started coverage on shares of Woodward in a research report on Tuesday, May 26th. They issued a “positive” rating and a $423.00 target price on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Woodward in a research note on Friday, July 17th. Royal Bank Of Canada lowered their price objective on shares of Woodward from $450.00 to $430.00 and set an “outperform” rating on the stock in a research report on Thursday, July 30th. Truist Financial boosted their target price on shares of Woodward from $415.00 to $420.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Finally, Wall Street Zen lowered Woodward from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Woodward presently has a consensus rating of “Moderate Buy” and an average price target of $419.00.

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.