UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 1,924 Shares of Woodward, Inc. $WWD

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Woodward, Inc. (NASDAQ:WWD) by 0.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 329,383 shares of the technology company’s stock after buying an additional 1,924 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.56% of Woodward worth $140,133,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Van ECK Associates Corp grew its position in shares of Woodward by 9.6% in the second quarter. Van ECK Associates Corp now owns 52,102 shares of the technology company’s stock valued at $22,166,000 after purchasing an additional 4,560 shares in the last quarter. Navellier & Associates Inc. lifted its holdings in Woodward by 6.2% during the 2nd quarter. Navellier & Associates Inc. now owns 9,726 shares of the technology company’s stock worth $4,138,000 after purchasing an additional 564 shares in the last quarter. Archer Investment Corp bought a new position in Woodward in the 2nd quarter worth about $246,000. Kingsview Wealth Management LLC bought a new position in Woodward in the 2nd quarter worth about $506,000. Finally, Empowered Funds LLC purchased a new position in Woodward during the 2nd quarter valued at about $3,218,000. Hedge funds and other institutional investors own 81.18% of the company’s stock.

Woodward Stock Performance

NASDAQ:WWD opened at $336.58 on Wednesday. The stock has a market cap of $19.88 billion, a P/E ratio of 37.44, a PEG ratio of 1.99 and a beta of 0.87. The company has a quick ratio of 1.14, a current ratio of 1.65 and a debt-to-equity ratio of 0.25. The business’s 50-day moving average price is $384.04 and its two-hundred day moving average price is $378.92. Woodward, Inc. has a twelve month low of $233.31 and a twelve month high of $450.92.

Woodward (NASDAQ:WWD) last issued its quarterly earnings data on Wednesday, July 29th. The technology company reported $2.52 EPS for the quarter, topping the consensus estimate of $2.44 by $0.08. The company had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.11 billion. Woodward had a return on equity of 21.89% and a net margin of 13.17%.Woodward’s revenue was up 21.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.76 earnings per share. Woodward has set its FY 2026 guidance at 9.300-9.500 EPS. As a group, equities analysts predict that Woodward, Inc. will post 9.46 EPS for the current fiscal year.

Woodward Announces Dividend

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

Insider Buying and Selling at Woodward

In other Woodward news, EVP Shawn M. Mclevige sold 2,150 shares of the company’s stock in a transaction that occurred on Friday, July 31st. The stock was 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 owned 3,098 shares of the company’s stock, valued at $1,105,428.36. This represents a 40.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Daniel G. Korte sold 14,700 shares of the stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $356.05, for a total transaction of $5,233,935.00. Following the transaction, the director owned 4,434 shares in the company, valued at $1,578,725.70. The trade was 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.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on WWD shares. TD Cowen upped their price target on Woodward from $390.00 to $420.00 and gave the company a “hold” rating in a research report on Monday, July 13th. Zacks Research lowered shares of Woodward from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 5th. 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 target price on shares of Woodward from $450.00 to $430.00 and set an “outperform” rating on the stock in a research note on Thursday, July 30th. Finally, Wall Street Zen downgraded shares of Woodward from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $419.00.

About Woodward

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.