Key Points
- Woodward COO Thomas Cromwell sold 5,000 shares on Dec. 3 at an average price of $298.49 for about $1.49M, cutting his stake by 24.83% to 15,135 shares valued at roughly $4.52M.
- Quarterly beat and guidance: Woodward reported Q EPS of $2.09 vs. $1.83 expected and revenue of $995.3M (up 16.5%), and set FY2026 guidance of $7.50–$8.00 EPS.
- $1.8B buyback and dividend: The board authorized a $1.8 billion repurchase program (up to 11.6% of shares) and paid a quarterly dividend of $0.28 per share (annualized yield ~0.4%).
Woodward, Inc. (NASDAQ:WWD - Get Free Report) COO Thomas Cromwell sold 5,000 shares of Woodward stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $298.49, for a total value of $1,492,450.00. Following the sale, the chief operating officer directly owned 15,135 shares in the company, valued at approximately $4,517,646.15. The trade was a 24.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
Woodward Trading Up 0.6%
Shares of WWD opened at $303.45 on Friday. Woodward, Inc. has a one year low of $146.82 and a one year high of $304.72. The stock has a 50-day moving average price of $265.73 and a 200 day moving average price of $250.53. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.36 and a current ratio of 2.08. The company has a market capitalization of $18.17 billion, a P/E ratio of 42.20, a P/E/G ratio of 2.54 and a beta of 1.02.
Woodward (NASDAQ:WWD - Get Free Report) last posted its quarterly earnings data on Monday, November 24th. The technology company reported $2.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.26. The company had revenue of $995.26 million for the quarter, compared to the consensus estimate of $943.15 million. Woodward had a return on equity of 17.68% and a net margin of 12.39%.Woodward's revenue for the quarter was up 16.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.41 EPS. Woodward has set its FY 2026 guidance at 7.500-8.000 EPS. Sell-side analysts forecast that Woodward, Inc. will post 6.15 EPS for the current fiscal year.
Woodward Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Shareholders of record on Thursday, November 20th were paid a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Thursday, November 20th. Woodward's dividend payout ratio is 15.58%.
Woodward declared that its board has approved a share buyback plan on Thursday, November 20th that authorizes the company to buyback $1.80 billion in outstanding shares. This buyback authorization authorizes the technology company to purchase up to 11.6% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors believes its stock is undervalued.
Institutional Investors Weigh In On Woodward
Several institutional investors and hedge funds have recently bought and sold shares of the business. Ameriflex Group Inc. acquired a new stake in shares of Woodward during the 3rd quarter worth approximately $26,000. Root Financial Partners LLC acquired a new position in Woodward during the 3rd quarter valued at approximately $27,000. SJS Investment Consulting Inc. boosted its position in Woodward by 1,766.7% during the 3rd quarter. SJS Investment Consulting Inc. now owns 112 shares of the technology company's stock valued at $28,000 after purchasing an additional 106 shares during the period. Financial Perspectives Inc bought a new position in Woodward during the 3rd quarter worth $30,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Woodward by 189.8% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 171 shares of the technology company's stock worth $31,000 after buying an additional 112 shares during the period. Institutional investors and hedge funds own 81.18% of the company's stock.
Wall Street Analyst Weigh In
WWD has been the subject of several research analyst reports. Weiss Ratings reissued a "buy (b)" rating on shares of Woodward in a research report on Wednesday, October 8th. Wall Street Zen upgraded Woodward from a "buy" rating to a "strong-buy" rating in a research note on Friday, November 28th. Wolfe Research set a $300.00 price objective on Woodward and gave the company an "outperform" rating in a report on Friday, October 3rd. Zacks Research downgraded Woodward from a "strong-buy" rating to a "hold" rating in a report on Friday, August 15th. Finally, UBS Group lifted their target price on Woodward from $329.00 to $345.00 and gave the stock a "buy" rating in a research report on Monday. Eight research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Woodward has an average rating of "Moderate Buy" and a consensus target price of $286.67.
View Our Latest Stock Report on WWD
Woodward Company Profile
(
Get Free Report)
Woodward, Inc designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company operates in two segments, Aerospace and Industrial. The Aerospace segment provides fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles, and flight deck controls, actuators, servocontrols, motors, and sensors for aircraft.
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