Cynosure Group LLC Purchases New Shares in Woodward, Inc. $WWD

Cynosure Group LLC purchased a new stake in shares of Woodward, Inc. (NASDAQ:WWD) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,733 shares of the technology company’s stock, valued at approximately $524,000.

Several other hedge funds also recently made changes to their positions in WWD. Woodline Partners LP bought a new stake in shares of Woodward during the first quarter valued at approximately $2,039,000. Focus Partners Wealth raised its stake in Woodward by 35.5% during the first quarter. Focus Partners Wealth now owns 2,390 shares of the technology company’s stock valued at $436,000 after buying an additional 626 shares during the last quarter. Acadian Asset Management LLC raised its stake in Woodward by 684.3% during the first quarter. Acadian Asset Management LLC now owns 5,043 shares of the technology company’s stock valued at $920,000 after buying an additional 4,400 shares during the last quarter. Russell Investments Group Ltd. raised its stake in Woodward by 7.0% during the second quarter. Russell Investments Group Ltd. now owns 4,030 shares of the technology company’s stock valued at $988,000 after buying an additional 265 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in Woodward by 11.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 506 shares of the technology company’s stock valued at $124,000 after buying an additional 54 shares during the last quarter. 81.18% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Daniel G. Korte sold 14,700 shares of the company’s stock in a transaction on 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 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. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Karrie M. Bem sold 185 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $355.00, for a total value of $65,675.00. Following the sale, the executive vice president owned 3,648 shares of the company’s stock, valued at approximately $1,295,040. This trade represents a 4.83% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 15,629 shares of company stock valued at $5,570,005. 0.71% of the stock is owned by company insiders.

Woodward Stock Up 4.7%

Woodward stock opened at $421.54 on Wednesday. The stock has a market cap of $25.12 billion, a PE ratio of 50.48, a price-to-earnings-growth ratio of 2.40 and a beta of 0.89. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.19 and a current ratio of 1.73. Woodward, Inc. has a one year low of $233.31 and a one year high of $425.33. The stock has a fifty day moving average of $370.58 and a 200 day moving average of $353.21.

Woodward (NASDAQ:WWD) last posted its quarterly earnings data on Wednesday, April 29th. The technology company reported $2.27 EPS for the quarter, beating analysts’ consensus estimates 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 return on equity of 20.12% and a net margin of 12.85%.Woodward’s revenue for the quarter was up 23.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.69 earnings per share. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. As a group, sell-side analysts predict that Woodward, Inc. will post 9.34 EPS for the current year.

Woodward Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Thursday, May 21st were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Thursday, May 21st. Woodward’s dividend payout ratio is 15.33%.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Susquehanna assumed coverage on Woodward in a research note on Tuesday, May 26th. They set a “positive” rating and a $423.00 price objective for the company. Wells Fargo & Company assumed coverage on Woodward in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $440.00 price target for the company. Wall Street Zen cut Woodward from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 9th. UBS Group boosted their price target on Woodward from $427.00 to $429.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Woodward in a research note on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Woodward has an average rating of “Moderate Buy” and a consensus price target 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.