Kelly Lawrence W & Associates Inc. CA Takes Position in Woodward, Inc. $WWD

Kelly Lawrence W & Associates Inc. CA bought a new stake in Woodward, Inc. (NASDAQ:WWD) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 15,239 shares of the technology company’s stock, valued at approximately $6,483,000. Woodward accounts for approximately 1.4% of Kelly Lawrence W & Associates Inc. CA’s portfolio, making the stock its 24th biggest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Bard Associates Inc. acquired a new stake in Woodward during the 2nd quarter worth approximately $28,000. Elevation Wealth Partners LLC increased its holdings in shares of Woodward by 550.0% in the second quarter. Elevation Wealth Partners LLC now owns 91 shares of the technology company’s stock valued at $39,000 after purchasing an additional 77 shares during the period. Parallel Advisors LLC increased its holdings in shares of Woodward by 82.5% in the first quarter. Parallel Advisors LLC now owns 115 shares of the technology company’s stock valued at $41,000 after purchasing an additional 52 shares during the period. Aster Capital Management DIFC Ltd purchased a new stake in shares of Woodward during the fourth quarter worth approximately $35,000. Finally, Persistent Asset Partners Ltd purchased a new stake in shares of Woodward during the second quarter worth approximately $65,000. Hedge funds and other institutional investors own 81.18% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Shawn M. Mclevige sold 2,150 shares of the business’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $356.82, for a total value of $767,163.00. Following the completion of the transaction, 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Daniel G. Korte sold 14,700 shares of the company’s stock in a transaction dated 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 completion of the transaction, the director owned 4,434 shares in the company, valued at approximately $1,578,725.70. This trade represents a 76.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.71% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on WWD shares. Wall Street Zen downgraded shares of Woodward from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $470.00 price target on shares of Woodward in a research note on Friday, May 1st. Weiss Ratings restated a “buy (b)” rating on shares of Woodward in a research report on Friday, July 17th. 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 research report on Thursday, July 30th. Finally, UBS Group increased their target price on Woodward from $427.00 to $429.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $419.00.

Woodward Stock Performance

Shares of WWD opened at $333.15 on Tuesday. Woodward, Inc. has a 12-month low of $233.31 and a 12-month high of $450.92. The stock has a market cap of $19.67 billion, a P/E ratio of 37.06, a PEG ratio of 2.01 and a beta of 0.88. The company has a current ratio of 1.65, a quick ratio of 1.14 and a debt-to-equity ratio of 0.25. The company has a 50-day moving average of $394.47 and a two-hundred day moving average of $380.76.

Woodward (NASDAQ:WWD) last released its quarterly earnings results on Wednesday, July 29th. The technology company reported $2.52 EPS for the quarter, beating the consensus estimate of $2.44 by $0.08. Woodward had a net margin of 13.17% and a return on equity of 21.89%. The business 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 business earned $1.76 earnings per share. The company’s quarterly revenue was up 21.2% on a year-over-year basis. Woodward has set its FY 2026 guidance at 9.300-9.500 EPS. As a group, research analysts predict that Woodward, Inc. will post 9.46 EPS for the current fiscal year.

Woodward Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $1.28 annualized dividend and a yield of 0.4%. Woodward’s dividend payout ratio (DPR) is presently 14.24%.

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.