Sanctuary Advisors LLC Takes Position in Woodward, Inc. $WWD

Sanctuary Advisors LLC bought a new stake in Woodward, Inc. (NASDAQ:WWD) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 8,528 shares of the technology company’s stock, valued at approximately $3,628,000.

Several other large investors have also made changes to their positions in WWD. Bard Associates Inc. bought a new position in Woodward during the 2nd quarter valued at about $28,000. Aster Capital Management DIFC Ltd bought a new stake in Woodward during the fourth quarter worth about $35,000. Elevation Wealth Partners LLC grew its stake in Woodward by 550.0% during the second quarter. Elevation Wealth Partners LLC now owns 91 shares of the technology company’s stock worth $39,000 after buying an additional 77 shares during the last quarter. Parallel Advisors LLC increased its holdings in shares of Woodward by 82.5% during the first quarter. Parallel Advisors LLC now owns 115 shares of the technology company’s stock worth $41,000 after buying an additional 52 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in shares of Woodward during the fourth quarter worth approximately $61,000. Institutional investors own 81.18% of the company’s stock.

Insider Buying and Selling at Woodward

In other news, EVP Shawn M. Mclevige sold 2,150 shares of the business’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $356.82, for a total transaction of $767,163.00. Following the completion of the sale, the executive vice president owned 3,098 shares in the company, valued at $1,105,428.36. The trade was a 40.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Daniel G. Korte sold 14,700 shares of the company’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $356.05, for a total value of $5,233,935.00. Following the transaction, the director directly owned 4,434 shares in the company, valued at $1,578,725.70. This trade represents a 76.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.71% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

WWD has been the topic of several recent analyst reports. Truist Financial boosted their target price on Woodward from $415.00 to $420.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $470.00 price target on shares of Woodward in a report on Friday, May 1st. TD Cowen lifted their price objective on Woodward from $390.00 to $420.00 and gave the company a “hold” rating in a research report on Monday, July 13th. Susquehanna started coverage on Woodward in a research note on Tuesday, May 26th. They issued a “positive” rating and a $423.00 price objective on the stock. Finally, UBS Group increased their target price on Woodward from $427.00 to $429.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $419.00.

Woodward Price Performance

Shares of WWD stock opened at $339.66 on Wednesday. Woodward, Inc. has a 1 year low of $233.31 and a 1 year high of $450.92. The firm’s 50 day moving average is $392.84 and its 200-day moving average is $380.53. The firm has a market capitalization of $20.06 billion, a price-to-earnings ratio of 37.78, a PEG ratio of 1.95 and a beta of 0.88. The company has a current ratio of 1.65, a quick ratio of 1.14 and a debt-to-equity ratio of 0.25.

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

Woodward Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be 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 is Thursday, August 20th. Woodward’s dividend payout ratio (DPR) is 14.24%.

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.