State of Wyoming Makes New $906,000 Investment in Woodward, Inc. $WWD

State of Wyoming bought a new stake in shares of Woodward, Inc. (NASDAQ:WWD) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 2,130 shares of the technology company’s stock, valued at approximately $906,000.

Other large investors have also modified their holdings of the company. Aster Capital Management DIFC Ltd purchased a new position in Woodward during the fourth quarter valued at approximately $35,000. Elevation Wealth Partners LLC raised its stake in Woodward by 550.0% in the second quarter. Elevation Wealth Partners LLC now owns 91 shares of the technology company’s stock worth $39,000 after buying an additional 77 shares in the last quarter. Parallel Advisors LLC lifted its holdings in Woodward by 82.5% during the first quarter. Parallel Advisors LLC now owns 115 shares of the technology company’s stock worth $41,000 after buying an additional 52 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in Woodward during the fourth quarter worth $61,000. Finally, Hollencrest Capital Management boosted its position in Woodward by 1,800.0% during the 1st quarter. Hollencrest Capital Management now owns 209 shares of the technology company’s stock valued at $75,000 after acquiring an additional 198 shares in the last quarter. Institutional investors own 81.18% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on WWD. Royal Bank Of Canada cut their price target on Woodward from $450.00 to $430.00 and set an “outperform” rating on the stock in a report on Thursday, July 30th. Wall Street Zen downgraded Woodward from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Weiss Ratings reiterated a “buy (b)” rating on shares of Woodward in a research note on Friday, July 17th. UBS Group boosted their target price on shares of Woodward from $427.00 to $429.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Susquehanna began coverage on shares of Woodward in a report on Tuesday, May 26th. They issued a “positive” rating and a $423.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $406.45.

Woodward Stock Up 3.4%

Woodward stock opened at $370.56 on Friday. 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 market capitalization of $21.88 billion, a price-to-earnings ratio of 41.22, a PEG ratio of 2.17 and a beta of 0.88. Woodward, Inc. has a 1-year low of $233.31 and a 1-year high of $450.92. The business has a fifty day moving average price of $397.88 and a 200-day moving average price of $379.55.

Woodward (NASDAQ:WWD) last announced its 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. Woodward had a return on equity of 21.89% and a net margin of 13.17%.The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.11 billion. During the same period in the prior year, the company posted $1.76 EPS. The firm’s quarterly revenue was up 21.2% compared to the same quarter last year. Woodward has set its FY 2026 guidance at 9.300-9.500 EPS. Equities research analysts forecast that Woodward, Inc. will post 9.46 EPS for the current fiscal year.

Woodward Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be paid a dividend of $0.32 per share. The ex-dividend date is Thursday, August 20th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.3%. Woodward’s payout ratio is presently 14.24%.

Insider Activity

In other Woodward news, EVP Shawn M. Mclevige sold 2,150 shares of the business’s stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $356.82, for a total transaction of $767,163.00. Following the sale, the executive vice president owned 3,098 shares of the company’s stock, valued at approximately $1,105,428.36. The trade was a 40.97% decrease in their position. The transaction 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 company’s 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 17,220 shares of company stock worth $6,131,982 over the last 90 days. 0.71% of the stock is currently owned by corporate insiders.

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.