Key Points
- Woodward EVP Karrie Bem sold 185 shares on May 20 at an average price of $355, totaling $65,675. After the sale, she still owned 3,648 shares valued at about $1.30 million.
- The company reported strong quarterly results, with EPS of $2.27 and revenue of $1.09 billion, both ahead of analyst expectations. Revenue also rose 23.4% year over year.
- Analyst sentiment remains broadly positive, with a consensus rating of “Moderate Buy” and an average price target of $390.27. Woodward also announced a quarterly dividend of $0.32 per share, payable June 4.
Woodward, Inc. (NASDAQ:WWD - Get Free Report) EVP Karrie Bem sold 185 shares of Woodward stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $355.00, for a total transaction of $65,675.00. Following the transaction, the executive vice president owned 3,648 shares of the company's stock, valued at approximately $1,295,040. The trade was a 4.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Woodward Stock Performance
Shares of WWD opened at $351.36 on Friday. The company has a current ratio of 1.73, a quick ratio of 1.19 and a debt-to-equity ratio of 0.18. The stock has a market cap of $20.94 billion, a P/E ratio of 42.08, a PEG ratio of 2.12 and a beta of 0.92. The company has a 50-day moving average of $369.35 and a two-hundred day moving average of $340.71. Woodward, Inc. has a 12-month low of $204.10 and a 12-month high of $407.00.
Woodward (NASDAQ:WWD - Get Free Report) last announced its earnings results on Wednesday, April 29th. The technology company reported $2.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.10 by $0.17. The company had revenue of $1.09 billion during the quarter, compared to analysts' expectations of $1.01 billion. Woodward had a net margin of 12.85% and a return on equity of 20.12%. The firm's quarterly revenue was up 23.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.69 earnings per share. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. As a group, research analysts predict that Woodward, Inc. will post 9.34 EPS for the current fiscal year.
Woodward Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st will be given a dividend of $0.32 per share. The ex-dividend date is Thursday, May 21st. This represents a $1.28 dividend on an annualized basis and a yield of 0.4%. Woodward's payout ratio is presently 15.33%.
Hedge Funds Weigh In On Woodward
Institutional investors have recently modified their holdings of the company. Ameriflex Group Inc. acquired a new position in shares of Woodward in the third quarter valued at approximately $26,000. Root Financial Partners LLC purchased a new stake in Woodward in the third quarter valued at approximately $27,000. Parallel Advisors LLC grew its holdings in 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 Woodward in the fourth quarter valued at approximately $35,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Woodward in the fourth quarter valued at approximately $44,000. Institutional investors and hedge funds own 81.18% of the company's stock.
Analyst Upgrades and Downgrades
WWD has been the subject of a number of research reports. UBS Group lifted their target price on shares of Woodward from $427.00 to $429.00 and gave the stock a "buy" rating in a research report on Thursday, April 30th. Zacks Research lowered shares of Woodward from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 21st. The Goldman Sachs Group boosted their price objective on shares of Woodward from $362.00 to $408.00 and gave the company a "buy" rating in a research report on Tuesday, February 3rd. Wells Fargo & Company started coverage on shares of Woodward in a research report on Wednesday, April 1st. They issued an "overweight" rating and a $440.00 price objective for the company. Finally, TD Cowen boosted their price objective on shares of Woodward from $350.00 to $390.00 and gave the company a "hold" rating in a research report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $390.27.
Check Out Our Latest Stock Report 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.
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