Woodward (NASDAQ:WWD) EVP Karrie Bem Sells 280 Shares

Woodward, Inc. (NASDAQ:WWD) EVP Karrie Bem sold 280 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $372.66, for a total transaction of $104,344.80. Following the completion of the transaction, the executive vice president directly owned 4,297 shares of the company’s stock, valued at $1,601,320.02. This represents a 6.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Woodward Trading Up 0.1%

Shares of Woodward stock opened at $349.41 on Tuesday. The company has a market capitalization of $20.82 billion, a P/E ratio of 41.85, a P/E/G ratio of 2.07 and a beta of 0.92. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.19 and a current ratio of 1.73. The company has a fifty day moving average of $371.78 and a 200 day moving average of $338.79. Woodward, Inc. has a fifty-two week low of $204.03 and a fifty-two week high of $407.00.

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

Woodward Dividend Announcement

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

Analyst Ratings Changes

WWD has been the subject of several research reports. Wells Fargo & Company initiated coverage on shares of Woodward in a report on Wednesday, April 1st. They set an “overweight” rating and a $440.00 price objective for the company. Jefferies Financial Group reissued a “buy” rating and set a $450.00 price objective on shares of Woodward in a report on Sunday, February 8th. Truist Financial increased their price objective on shares of Woodward from $404.00 to $415.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $470.00 price objective on shares of Woodward in a report on Friday, May 1st. Finally, Wall Street Zen downgraded shares of Woodward from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $390.27.

Institutional Trading of Woodward

Hedge funds have recently made changes to their positions in the business. Ameriflex Group Inc. purchased a new stake in shares of Woodward during the 3rd quarter valued at about $26,000. Root Financial Partners LLC purchased a new stake in shares of Woodward during the 3rd quarter valued at about $27,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of Woodward during the 4th quarter valued at about $35,000. Parallel Advisors LLC raised its position in shares of 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 buying an additional 52 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Woodward during the 4th quarter valued at about $44,000. 81.18% of the stock is currently owned by hedge funds and other institutional investors.

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.