Key Points
- Woodward director Daniel Korte sold 14,700 shares on June 4 at an average price of $356.05, generating about $5.23 million in proceeds. After the sale, he retained 4,434 shares, cutting his ownership by roughly 76.8%.
- The company recently beat quarterly expectations, reporting earnings of $2.27 per share on revenue of $1.09 billion, both above analyst estimates. Revenue rose 23.4% year over year, and Woodward reaffirmed FY 2026 EPS guidance of $9.15 to $9.45.
- Analysts remain generally constructive on WWD, with a consensus rating of “Moderate Buy” and an average price target of $393. Several firms maintain buy or outperform ratings, though a few recent downgrades have trimmed sentiment slightly.
Woodward, Inc. (NASDAQ:WWD - Get Free Report) Director Daniel Korte sold 14,700 shares of the firm's stock in a transaction dated Thursday, June 4th. The stock was 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 directly owned 4,434 shares in the company, valued at approximately $1,578,725.70. This represents a 76.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Woodward Stock Performance
NASDAQ:WWD opened at $359.79 on Tuesday. The company's 50-day moving average price is $367.03 and its 200-day moving average price is $348.19. 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 company has a market cap of $21.44 billion, a P/E ratio of 43.09, a P/E/G ratio of 2.13 and a beta of 0.89. Woodward, Inc. has a twelve month low of $227.00 and a twelve month high of $407.00.
Woodward (NASDAQ:WWD - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The technology company reported $2.27 earnings per share for the quarter, topping the consensus estimate of $2.10 by $0.17. The firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.01 billion. Woodward had a net margin of 12.85% and a return on equity of 20.12%. The company's revenue for the quarter was up 23.4% on a year-over-year basis. During the same period last year, the firm posted $1.69 earnings per share. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. On average, sell-side analysts forecast that Woodward, Inc. will post 9.34 earnings per share for the current fiscal year.
Woodward Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Thursday, May 21st. Woodward's dividend payout ratio (DPR) is currently 15.33%.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on WWD shares. Zacks Research downgraded shares of Woodward from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 21st. Royal Bank Of Canada began coverage on shares of Woodward in a research note on Thursday, April 16th. They issued an "outperform" rating and a $450.00 price target on the stock. Susquehanna began coverage on shares of Woodward in a research note on Tuesday, May 26th. They set a "positive" rating and a $423.00 target price on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $470.00 target price on shares of Woodward in a research note on Friday, May 1st. Finally, Wall Street Zen downgraded shares of Woodward from a "strong-buy" rating to a "buy" rating in a research note on Saturday, May 9th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $393.00.
Check Out Our Latest Stock Report on Woodward
Institutional Investors Weigh In On Woodward
Institutional investors have recently made changes to their positions in the stock. Quantbot Technologies LP acquired a new position in shares of Woodward during the 3rd quarter worth $2,937,000. Allianz Asset Management GmbH acquired a new position in shares of Woodward during the 3rd quarter worth $12,300,000. Arbejdsmarkedets Tillaegspension acquired a new stake in Woodward in the 4th quarter valued at about $24,436,000. SG Americas Securities LLC grew its stake in Woodward by 487.6% in the 4th quarter. SG Americas Securities LLC now owns 18,663 shares of the technology company's stock valued at $5,642,000 after acquiring an additional 15,487 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in Woodward by 7.7% in the 4th quarter. Geode Capital Management LLC now owns 1,491,870 shares of the technology company's stock valued at $451,093,000 after acquiring an additional 106,390 shares during the last quarter. 81.18% of the stock is currently owned by institutional investors and hedge funds.
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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