Woodward’s (WWD) Outperform Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reiterated their outperform rating on shares of Woodward (NASDAQ:WWD) in a research report released on Monday morning,Benzinga reports. They currently have a $450.00 target price on the technology company’s stock.

Other research analysts have also recently issued reports about the company. Wall Street Zen cut Woodward from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $470.00 target price on shares of Woodward in a report on Friday, May 1st. TD Cowen raised their target price on shares of Woodward from $390.00 to $420.00 and gave the stock a “hold” rating in a research note on Monday, July 13th. Truist Financial lifted their price target on shares of Woodward from $404.00 to $415.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Woodward in a research report on Friday, July 17th. Two 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.com, Woodward currently has an average rating of “Buy” and an average price target of $395.50.

Woodward Price Performance

Shares of Woodward stock opened at $385.42 on Monday. The stock has a market cap of $22.96 billion, a P/E ratio of 46.16, a P/E/G ratio of 2.45 and a beta of 0.86. 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 stock’s fifty day moving average is $395.41 and its 200 day moving average is $377.11. Woodward has a one year low of $233.31 and a one year high of $450.92.

Woodward (NASDAQ:WWD) last released 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 business had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.11 billion. Woodward had a return on equity of 20.12% and a net margin of 12.85%.Woodward’s revenue for the quarter was up 21.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.76 earnings per share. Woodward has set its FY 2026 guidance at 9.300-9.500 EPS. Sell-side analysts anticipate that Woodward will post 9.34 earnings per share for the current year.

Woodward Announces Dividend

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 paid 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 0.3%. Woodward’s dividend payout ratio is 15.33%.

Insider Activity

In other Woodward news, Director Daniel G. Korte sold 14,700 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $356.05, for a total value of $5,233,935.00. Following the completion of the transaction, the director directly owned 4,434 shares in the company, valued at $1,578,725.70. This represents a 76.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Karrie M. Bem sold 185 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $355.00, for a total value of $65,675.00. Following the completion of the transaction, the executive vice president owned 3,648 shares of the company’s stock, valued at $1,295,040. The trade was a 4.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 15,629 shares of company stock valued at $5,570,005 in the last quarter. 0.71% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Woodward

Hedge funds have recently modified their holdings of the stock. Accel Wealth Management grew its stake in Woodward by 3.2% during the second quarter. Accel Wealth Management now owns 963 shares of the technology company’s stock valued at $410,000 after acquiring an additional 30 shares in the last quarter. NewEdge Advisors LLC lifted its stake in Woodward by 1.5% in the 1st quarter. NewEdge Advisors LLC now owns 2,059 shares of the technology company’s stock worth $737,000 after purchasing an additional 31 shares in the last quarter. Bessemer Group Inc. boosted its holdings in shares of Woodward by 3.1% during the 1st quarter. Bessemer Group Inc. now owns 1,116 shares of the technology company’s stock valued at $399,000 after purchasing an additional 34 shares during the last quarter. Meeder Advisory Services Inc. boosted its holdings in shares of Woodward by 5.4% during the 1st 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. Finally, Quadrant Capital Group LLC grew its position in shares of Woodward by 1.5% during the third quarter. Quadrant Capital Group LLC now owns 3,327 shares of the technology company’s stock valued at $841,000 after purchasing an additional 48 shares in the last quarter. Hedge funds and other institutional investors own 81.18% of the company’s stock.

Woodward News Roundup

Here are the key news stories impacting Woodward this week:

• Positive Sentiment: Woodward reported fiscal Q3 earnings of $2.52 per share, exceeding the Zacks consensus estimate of $2.39 and the prior-year result of $1.76. Revenue rose 21.2% year over year to $1.11 billion, matching analyst expectations. Woodward Tops Q3 Earnings Estimates
• Positive Sentiment: Management raised fiscal 2026 earnings guidance to $9.30-$9.50 per share, citing the strong third quarter and confidence in the fourth quarter. The update supports expectations for continued demand across Woodward’s aerospace and industrial businesses. Woodward Reports Third Quarter Fiscal Year 2026 Results
• Positive Sentiment: RBC Capital maintained a Buy/Outperform view on WWD, providing continued analyst support following the earnings release. RBC Maintains Buy Rating

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.