1,692 Shares in Woodward, Inc. $WWD Purchased by Lombard Odier Asset Management USA Corp

Lombard Odier Asset Management USA Corp purchased a new stake in Woodward, Inc. (NASDAQ:WWD) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,692 shares of the technology company’s stock, valued at approximately $606,000.

Other large investors have also recently added to or reduced their stakes in the company. Bessemer Group Inc. lifted its position in shares of Woodward by 3.1% during the first quarter. Bessemer Group Inc. now owns 1,116 shares of the technology company’s stock worth $399,000 after purchasing an additional 34 shares in the last quarter. Meeder Advisory Services Inc. increased its holdings in Woodward by 5.4% in the first quarter. Meeder Advisory Services Inc. now owns 758 shares of the technology company’s stock valued at $271,000 after purchasing an additional 39 shares during the last quarter. IFP Advisors Inc raised its position in shares of Woodward by 4.2% in the 3rd quarter. IFP Advisors Inc now owns 1,036 shares of the technology company’s stock valued at $267,000 after acquiring an additional 42 shares during the period. Quadrant Capital Group LLC raised its holdings in Woodward by 1.5% in the third quarter. Quadrant Capital Group LLC now owns 3,327 shares of the technology company’s stock worth $841,000 after purchasing an additional 48 shares during the period. Finally, Quest Investment Management LLC lifted its holdings in Woodward by 1.2% during the third quarter. Quest Investment Management LLC now owns 4,313 shares of the technology company’s stock worth $1,090,000 after acquiring an additional 50 shares in the last quarter. 81.18% of the stock is owned by institutional investors.

Woodward Price Performance

NASDAQ WWD opened at $419.00 on Friday. The firm’s 50 day moving average is $392.11 and its 200-day moving average is $374.99. The company has a quick ratio of 1.19, a current ratio of 1.73 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $24.96 billion, a PE ratio of 50.18, a price-to-earnings-growth ratio of 2.50 and a beta of 0.86. Woodward, Inc. has a 12-month low of $233.31 and a 12-month high of $450.92.

Woodward (NASDAQ:WWD) last announced its earnings results on Wednesday, April 29th. The technology company reported $2.27 EPS 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 business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter in the prior year, the company posted $1.69 earnings per share. The firm’s revenue was up 23.4% on a year-over-year basis. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. Equities research analysts anticipate that Woodward, Inc. will post 9.34 earnings per share for the current fiscal year.

Woodward Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Thursday, August 20th. Woodward’s payout ratio is 15.33%.

Insider Buying and Selling at Woodward

In other news, EVP Karrie M. Bem sold 280 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $372.66, for a total transaction of $104,344.80. Following the completion of the sale, the executive vice president owned 4,297 shares in the company, valued at approximately $1,601,320.02. This trade represents a 6.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Daniel G. Korte sold 14,700 shares of Woodward stock in a transaction dated 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 sale, the director directly owned 4,434 shares of the company’s stock, 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. Over the last quarter, insiders sold 15,629 shares of company stock worth $5,570,005. Corporate insiders own 0.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Susquehanna assumed coverage on shares of Woodward in a report on Tuesday, May 26th. They issued a “positive” rating and a $423.00 price target for the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Woodward in a research report on Friday, July 17th. Wells Fargo & Company initiated coverage on shares of Woodward in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $440.00 target price for the company. Truist Financial upped their target price on shares of Woodward from $404.00 to $415.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Finally, Royal Bank Of Canada started coverage on Woodward in a research note on Thursday, April 16th. They issued an “outperform” rating and a $450.00 price target on the stock. Two research 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 stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $395.50.

Woodward 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.