FY2027 EPS Estimates for Woodward Cut by Zacks Research

Woodward, Inc. (NASDAQ:WWD) – Analysts at Zacks Research decreased their FY2027 earnings per share (EPS) estimates for shares of Woodward in a research report issued on Wednesday, April 22nd. Zacks Research analyst Team now forecasts that the technology company will post earnings of $9.67 per share for the year, down from their previous estimate of $9.68. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Woodward’s current full-year earnings is $8.51 per share.

Other analysts also recently issued research reports about the company. Wells Fargo & Company began coverage on Woodward in a research note on Wednesday, April 1st. They set an “overweight” rating and a $440.00 price target on the stock. Jefferies Financial Group reiterated a “buy” rating and set a $450.00 price target on shares of Woodward in a research note on Sunday, February 8th. The Goldman Sachs Group boosted their price target on Woodward from $362.00 to $408.00 and gave the company a “buy” rating in a research note on Tuesday, February 3rd. Royal Bank Of Canada began coverage on Woodward in a research note on Thursday, April 16th. They set an “outperform” rating and a $450.00 price target on the stock. Finally, UBS Group reiterated a “buy” rating on shares of Woodward in a research note on Thursday, March 12th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $385.91.

Woodward Stock Down 3.6%

Woodward stock opened at $366.48 on Thursday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.36 and a current ratio of 2.05. The business’s 50-day simple moving average is $379.22 and its two-hundred day simple moving average is $325.82. The company has a market cap of $21.85 billion, a PE ratio of 46.16, a PEG ratio of 2.72 and a beta of 0.98. Woodward has a fifty-two week low of $171.90 and a fifty-two week high of $407.00.

Woodward (NASDAQ:WWD) last posted its quarterly earnings results on Monday, February 2nd. The technology company reported $2.17 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.52. The business had revenue of $996.45 million for the quarter, compared to the consensus estimate of $901.92 million. Woodward had a return on equity of 19.07% and a net margin of 12.89%.The company’s quarterly revenue was up 28.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.35 EPS. Woodward has set its FY 2026 guidance at 8.200-8.600 EPS.

Hedge Funds Weigh In On Woodward

Institutional investors and hedge funds have recently modified their holdings of the stock. Ameriflex Group Inc. acquired a new position in shares of Woodward in the 3rd quarter valued at about $26,000. Root Financial Partners LLC acquired a new position in Woodward in the 3rd quarter worth about $27,000. SJS Investment Consulting Inc. raised its holdings in Woodward by 1,766.7% in the 3rd quarter. SJS Investment Consulting Inc. now owns 112 shares of the technology company’s stock worth $28,000 after purchasing an additional 106 shares during the period. Aster Capital Management DIFC Ltd acquired a new position in Woodward in the 4th quarter worth about $35,000. Finally, Financial Perspectives Inc acquired a new position in Woodward in the 3rd quarter worth about $30,000. Institutional investors and hedge funds own 81.18% of the company’s stock.

Insider Buying and Selling

In other news, Director John D. Cohn sold 2,250 shares of the business’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $369.62, for a total value of $831,645.00. Following the completion of the transaction, the director owned 21,575 shares of the company’s stock, valued at $7,974,551.50. The trade was a 9.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Shawn M. Mclevige sold 1,850 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $384.37, for a total value of $711,084.50. Following the completion of the transaction, the executive vice president directly owned 3,095 shares of the company’s stock, valued at approximately $1,189,625.15. This trade represents a 37.41% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 26,925 shares of company stock worth $10,203,160. Corporate insiders own 0.71% of the company’s stock.

Woodward Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 5th. Stockholders of record on Thursday, February 19th were issued a $0.32 dividend. This is a boost from Woodward’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Thursday, February 19th. This represents a $1.28 annualized dividend and a dividend yield of 0.3%. Woodward’s payout ratio is presently 16.12%.

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.