Woodward, Inc. (NASDAQ:WWD) Stock Has Average Price Target of $418.36

Shares of Woodward, Inc. (NASDAQ:WWD) have earned an average recommendation of “Moderate Buy” from the thirteen analysts that are covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $418.36.

Several research firms recently commented on WWD. Jefferies Financial Group reduced their price objective on shares of Woodward from $450.00 to $420.00 and set a “buy” rating for the company in a research note on Friday, October 2nd. TD Cowen cut their price objective on shares of Woodward from $420.00 to $380.00 and set a “hold” rating on the stock in a report on Friday, October 9th. Weiss Ratings restated a “buy (b)” rating on shares of Woodward in a research note on Thursday, October 15th. Wall Street Zen lowered shares of Woodward from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Finally, Truist Financial lifted 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.

Insider Activity

In other news, EVP Shawn McLevige sold 2,150 shares of the company’s stock in a transaction dated Friday, July 31st. The stock was 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 in the company, valued at $1,105,428.36. This represents a 40.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.71% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Bard Associates Inc. purchased a new stake in shares of Woodward during the second quarter worth about $28,000. Washington Trust Advisors Inc. acquired a new stake in Woodward during the 2nd quarter worth $33,000. Pension & Wealth Management Advisors Inc. acquired a new stake in shares of Woodward in the third quarter valued at about $34,000. Elevation Wealth Partners LLC lifted its stake in shares of Woodward by 550.0% in 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 in the last quarter. Finally, Parallel Advisors LLC boosted its position in 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 acquiring an additional 52 shares during the last quarter. Institutional investors and hedge funds own 81.18% of the company’s stock.

Woodward Price Performance

WWD opened at $303.55 on Wednesday. The company has a market capitalization of $17.92 billion, a price-to-earnings ratio of 33.77, a PEG ratio of 1.58 and a beta of 0.86. 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 has a 12-month low of $253.52 and a 12-month high of $450.92. The business’s fifty day simple moving average is $333.27 and its 200-day simple moving average is $366.20.

Woodward (NASDAQ:WWD) last posted its quarterly earnings results on Wednesday, July 29th. The technology company reported $2.52 EPS for the quarter, beating the consensus estimate 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%. The company’s quarterly revenue was up 21.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.76 EPS. Woodward has set its FY 2026 guidance at 9.300-9.500 EPS. On average, equities research analysts anticipate that Woodward will post 9.46 earnings per share for the current fiscal year.

Woodward Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Thursday, November 19th will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, November 19th. Woodward’s dividend payout ratio is presently 14.24%.

Woodward Company Profile

Woodward, Inc is an independent designer, manufacturer and service provider of control systems and components for the aerospace and industrial markets. The company develops technologies that help manage the flow of fuel, air, and other fluids, as well as mechanical and electrical energy, in engines and other power-generation systems.

Its aerospace products include fuel pumps and metering systems, engine controls, actuators, air valves, and electric power-management systems for commercial aircraft, business aviation, military aircraft, helicopters, and space applications.