Key Points
- Shawn Mclevige sold 1,850 shares of Woodward on March 3 at an average of $384.37, totaling $711,084.50 and reducing his position by 37.41% to 3,095 shares (disclosed in an SEC filing).
- Woodward reported a strong quarter on Feb. 2 with $2.17 EPS versus $1.65 expected and $996.45M in revenue versus $901.92M, and set FY2026 guidance of $8.20–$8.60 EPS.
- The Board approved a $1.8 billion share repurchase (up to ~11.6% of shares outstanding) and the company raised its quarterly dividend to $0.32, signaling increased capital returns to shareholders.
Woodward, Inc. (NASDAQ:WWD - Get Free Report) EVP Shawn Mclevige sold 1,850 shares of the company's stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $384.37, for a total value of $711,084.50. Following the sale, the executive vice president 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 transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Woodward Stock Performance
Shares of WWD traded down $14.59 on Friday, reaching $372.00. The company's stock had a trading volume of 264,573 shares, compared to its average volume of 642,914. The stock's 50 day simple moving average is $352.32 and its two-hundred day simple moving average is $294.58. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.05 and a quick ratio of 1.36. The stock has a market capitalization of $22.18 billion, a P/E ratio of 46.85, a PEG ratio of 2.75 and a beta of 0.96. Woodward, Inc. has a 12-month low of $146.82 and a 12-month high of $403.31.
Woodward (NASDAQ:WWD - Get Free Report) last issued its quarterly earnings results on Monday, February 2nd. The technology company reported $2.17 EPS for the quarter, topping analysts' consensus estimates of $1.65 by $0.52. The business had revenue of $996.45 million during the quarter, compared to analysts' expectations of $901.92 million. Woodward had a return on equity of 19.07% and a net margin of 12.89%.The business's quarterly revenue was up 28.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.35 earnings per share. Woodward has set its FY 2026 guidance at 8.200-8.600 EPS. Research analysts forecast that Woodward, Inc. will post 6.15 earnings per share for the current fiscal year.
Woodward announced that its Board of Directors has approved a stock repurchase program on Thursday, November 20th that authorizes the company to repurchase $1.80 billion in outstanding shares. This repurchase authorization authorizes the technology company to reacquire up to 11.6% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's leadership believes its shares are undervalued.
Woodward Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, March 5th. Investors of record on Thursday, February 19th were given a dividend of $0.32 per share. This is a positive change from Woodward's previous quarterly dividend of $0.28. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Thursday, February 19th. Woodward's dividend payout ratio (DPR) is currently 16.12%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. Ameriflex Group Inc. purchased a new stake in shares of Woodward in the 3rd quarter worth $26,000. Root Financial Partners LLC purchased a new position in shares of Woodward during the third quarter valued at $27,000. SJS Investment Consulting Inc. raised its holdings in shares of Woodward by 1,766.7% in the third quarter. SJS Investment Consulting Inc. now owns 112 shares of the technology company's stock valued at $28,000 after acquiring an additional 106 shares in the last quarter. Financial Perspectives Inc purchased a new stake in Woodward in the third quarter worth about $30,000. Finally, Aster Capital Management DIFC Ltd purchased a new stake in Woodward in the fourth quarter worth about $35,000. Institutional investors own 81.18% of the company's stock.
Analysts Set New Price Targets
A number of research analysts have recently commented on the company. Weiss Ratings reiterated a "buy (b)" rating on shares of Woodward in a research report on Wednesday, January 21st. UBS Group upped their price target on shares of Woodward from $378.00 to $417.00 and gave the company a "buy" rating in a research note on Tuesday, February 3rd. Melius Research raised shares of Woodward from a "hold" rating to a "buy" rating in a research note on Monday, January 5th. Jefferies Financial Group restated a "buy" rating and issued a $450.00 target price on shares of Woodward in a report on Sunday, February 8th. Finally, Zacks Research upgraded shares of Woodward from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $354.80.
Read Our Latest Analysis on WWD
Woodward Company Profile
(
Get Free Report)
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.
Further Reading
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