Focus Partners Advisor Solutions LLC acquired a new position in shares of Woodward, Inc. (NASDAQ:WWD – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 40,488 shares of the technology company’s stock, valued at approximately $17,225,000. Focus Partners Advisor Solutions LLC owned 0.07% of Woodward as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the business. State of Wyoming purchased a new position in shares of Woodward in the 2nd quarter valued at $906,000. GSA Capital Partners LLP purchased a new stake in Woodward during the 2nd quarter worth $2,153,000. Oppenheimer Asset Management Inc. purchased a new stake in Woodward during the 2nd quarter worth $393,000. Accel Wealth Management increased its holdings in Woodward by 3.2% in the 2nd quarter. Accel Wealth Management now owns 963 shares of the technology company’s stock valued at $410,000 after purchasing an additional 30 shares in the last quarter. Finally, Fruth Investment Management acquired a new stake in Woodward in the 2nd quarter valued at $212,000. Institutional investors and hedge funds own 81.18% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have commented on WWD. UBS Group raised their price objective on Woodward from $427.00 to $429.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Susquehanna assumed coverage on Woodward in a research note on Tuesday, May 26th. They issued a “positive” rating and a $423.00 target price for the company. Royal Bank Of Canada dropped their target price on Woodward from $450.00 to $430.00 and set an “outperform” rating on the stock in a report on Thursday, July 30th. Weiss Ratings reissued a “buy (b)” rating on shares of Woodward in a research report on Friday, July 17th. Finally, TD Cowen boosted their price target on Woodward from $390.00 to $420.00 and gave the stock a “hold” rating in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $406.45.
Woodward Stock Performance
Woodward stock opened at $370.56 on Friday. Woodward, Inc. has a 12-month low of $233.31 and a 12-month high of $450.92. 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 company has a market capitalization of $21.88 billion, a price-to-earnings ratio of 41.22, a price-to-earnings-growth ratio of 2.17 and a beta of 0.88. The firm’s fifty day moving average price is $397.88 and its 200 day moving average price is $379.55.
Woodward (NASDAQ:WWD – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The technology company reported $2.52 earnings per share for the quarter, beating analysts’ consensus estimates of $2.44 by $0.08. The company had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.11 billion. Woodward had a net margin of 13.17% and a return on equity of 21.89%. The firm’s revenue for the quarter was up 21.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.76 EPS. Woodward has set its FY 2026 guidance at 9.300-9.500 EPS. On average, 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. Investors of record on Thursday, August 20th will be issued 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 yield of 0.3%. Woodward’s dividend payout ratio is currently 14.24%.
Insider Buying and Selling at Woodward
In other Woodward news, 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 transaction, the executive vice president directly owned 3,648 shares of the company’s stock, valued at $1,295,040. This represents a 4.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Shawn M. Mclevige sold 2,150 shares of the stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $356.82, for a total value of $767,163.00. Following the transaction, the executive vice president owned 3,098 shares of the company’s stock, valued at approximately $1,105,428.36. This trade represents a 40.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 17,220 shares of company stock worth $6,131,982 in the last 90 days. 0.71% of the stock is owned by corporate insiders.
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.
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