Focus Partners Advisor Solutions LLC Invests $17.23 Million in Woodward, Inc. $WWD

Focus Partners Advisor Solutions LLC purchased a new position in shares of Woodward, Inc. (NASDAQ:WWD) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 40,488 shares of the technology company’s stock, valued at approximately $17,225,000.

Other large investors have also modified their holdings of the company. Elevation Wealth Partners LLC increased its holdings in Woodward by 550.0% in the second quarter. Elevation Wealth Partners LLC now owns 91 shares of the technology company’s stock valued at $39,000 after buying an additional 77 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new position in Woodward during the 4th quarter worth approximately $35,000. Parallel Advisors LLC lifted its holdings in Woodward by 82.5% during the 1st quarter. Parallel Advisors LLC now owns 115 shares of the technology company’s stock worth $41,000 after buying an additional 52 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Woodward in the 4th quarter worth approximately $61,000. Finally, Hollencrest Capital Management grew its position in shares of Woodward by 1,800.0% in the 1st quarter. Hollencrest Capital Management now owns 209 shares of the technology company’s stock worth $75,000 after acquiring an additional 198 shares in the last quarter. Institutional investors own 81.18% of the company’s stock.

Woodward Stock Up 3.4%

Shares of Woodward stock opened at $370.56 on Friday. The company has a current ratio of 1.65, a quick ratio of 1.14 and a debt-to-equity ratio of 0.25. The business’s 50 day simple moving average is $397.88 and its 200-day simple moving average is $379.55. The stock has a market capitalization of $21.88 billion, a price-to-earnings ratio of 41.22, a PEG ratio of 2.17 and a beta of 0.88. Woodward, Inc. has a twelve month low of $233.31 and a twelve month high of $450.92.

Woodward (NASDAQ:WWD) last announced its quarterly earnings results on Wednesday, July 29th. The technology company reported $2.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.44 by $0.08. Woodward had a return on equity of 21.89% and a net margin of 13.17%.The business had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter last year, the business posted $1.76 EPS. The business’s revenue was up 21.2% on a year-over-year basis. Woodward has set its FY 2026 guidance at 9.300-9.500 EPS. Equities research analysts forecast that Woodward, Inc. will post 9.46 earnings per share for the current year.

Woodward Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Thursday, August 20th. Woodward’s dividend payout ratio (DPR) is presently 14.24%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. TD Cowen upped their price target on Woodward from $390.00 to $420.00 and gave the company a “hold” rating in a research report on Monday, July 13th. Royal Bank Of Canada decreased their price objective on shares of Woodward from $450.00 to $430.00 and set an “outperform” rating for the company in a report on Thursday, July 30th. Zacks Research lowered shares of Woodward from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 5th. Truist Financial increased their target price on shares of Woodward from $415.00 to $420.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Finally, Wall Street Zen downgraded shares of Woodward from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Woodward currently has a consensus rating of “Moderate Buy” and an average target price of $406.45.

Insider Buying and Selling at Woodward

In related news, EVP Shawn M. Mclevige sold 2,150 shares of the stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $356.82, for a total value of $767,163.00. Following the sale, the executive vice president owned 3,098 shares of the company’s stock, valued at $1,105,428.36. This trade represents a 40.97% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Daniel G. Korte sold 14,700 shares of Woodward stock in a transaction dated 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 completion of the sale, the director 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 17,220 shares of company stock worth $6,131,982. 0.71% of the stock is owned by insiders.

About Woodward

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.