Fieldview Capital Management LLC Invests $1.06 Million in Woodward, Inc. $WWD

Fieldview Capital Management LLC bought a new position in Woodward, Inc. (NASDAQ:WWD) during the 4th quarter, HoldingsChannel reports. The fund bought 3,515 shares of the technology company’s stock, valued at approximately $1,063,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Eschler Asset Management LLP bought a new position in shares of Woodward in the fourth quarter worth approximately $441,000. Ariadne Wealth Management LP bought a new position in shares of Woodward in the fourth quarter worth approximately $198,000. Bornite Capital Management LP bought a new position in shares of Woodward in the fourth quarter worth approximately $1,572,000. Aigen Investment Management LP bought a new position in Woodward during the fourth quarter valued at approximately $855,000. Finally, Forest Avenue Capital Management LP lifted its position in Woodward by 37.6% during the fourth quarter. Forest Avenue Capital Management LP now owns 344,999 shares of the technology company’s stock valued at $104,300,000 after purchasing an additional 94,307 shares during the period. Institutional investors own 81.18% of the company’s stock.

Woodward Stock Performance

Shares of NASDAQ WWD opened at $386.85 on Monday. The firm has a fifty day moving average price of $368.97 and a 200-day moving average price of $351.58. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.73 and a quick ratio of 1.19. The stock has a market cap of $23.05 billion, a PE ratio of 46.33, a price-to-earnings-growth ratio of 2.31 and a beta of 0.89. Woodward, Inc. has a 1 year low of $230.68 and a 1 year high of $407.00.

Woodward (NASDAQ:WWD) last posted its earnings results on Wednesday, April 29th. The technology company reported $2.27 earnings per share for the quarter, beating the consensus estimate 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%. Woodward’s quarterly revenue was up 23.4% on a year-over-year basis. During the same period last year, the company posted $1.69 earnings per share. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. Equities analysts anticipate that Woodward, Inc. will post 9.34 earnings per share for the current fiscal year.

Woodward Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st were issued a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Thursday, May 21st. Woodward’s dividend payout ratio (DPR) is 15.33%.

Insider Buying and Selling

In other Woodward news, Director Daniel G. Korte sold 14,700 shares of the business’s stock in a transaction that occurred on 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 sale, the director owned 4,434 shares of the company’s stock, valued at approximately $1,578,725.70. The trade was a 76.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Karrie M. Bem sold 280 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $372.66, for a total transaction of $104,344.80. Following the sale, the executive vice president directly owned 4,297 shares in the company, valued at approximately $1,601,320.02. This represents a 6.12% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 15,629 shares of company stock worth $5,570,005. Insiders own 0.71% of the company’s stock.

Wall Street Analyst Weigh In

WWD has been the topic of a number of research analyst reports. Wall Street Zen downgraded shares of Woodward from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. UBS Group increased their price objective on shares of Woodward from $427.00 to $429.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Weiss Ratings restated a “buy (b)” rating on shares of Woodward in a research report on Monday, April 20th. Zacks Research downgraded shares of Woodward from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Finally, Truist Financial increased their price objective on shares of Woodward from $404.00 to $415.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $393.00.

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.