Jupiter Topco LLC Acquires New Shares in Woodward, Inc. $WWD

Jupiter Topco LLC acquired a new position in shares of Woodward, Inc. (NASDAQ:WWD) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 26,849 shares of the technology company’s stock, valued at approximately $11,427,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Bard Associates Inc. bought a new stake in Woodward in the 2nd quarter valued at about $28,000. Aster Capital Management DIFC Ltd bought a new position in Woodward in the 4th quarter worth about $35,000. Elevation Wealth Partners LLC increased 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 valued at $39,000 after purchasing an additional 77 shares during the period. Parallel Advisors LLC increased its stake in shares of Woodward by 82.5% in the first quarter. Parallel Advisors LLC now owns 115 shares of the technology company’s stock valued at $41,000 after purchasing an additional 52 shares during the period. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in shares of Woodward in the fourth quarter valued at approximately $61,000. Institutional investors and hedge funds own 81.18% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on WWD shares. Royal Bank Of Canada reduced their price objective on Woodward from $450.00 to $430.00 and set an “outperform” rating for the company in a research report on Thursday, July 30th. Susquehanna started coverage on Woodward in a research note on Tuesday, May 26th. They set a “positive” rating and a $423.00 target price on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Woodward in a research report on Friday, July 17th. Truist Financial increased their price target on Woodward from $415.00 to $420.00 and gave the stock a “buy” rating in a research note on Tuesday, August 4th. Finally, Zacks Research lowered Woodward from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $419.00.

Insider Buying and Selling at Woodward

In related news, Director Daniel G. Korte sold 14,700 shares of the firm’s stock in a transaction dated 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 transaction, the director owned 4,434 shares of the company’s stock, valued at $1,578,725.70. This trade represents a 76.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Shawn M. Mclevige sold 2,150 shares of Woodward 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 transaction, the executive vice president directly owned 3,098 shares in the company, valued at approximately $1,105,428.36. The trade was a 40.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.71% of the company’s stock.

Woodward Price Performance

NASDAQ WWD opened at $341.81 on Friday. Woodward, Inc. has a 12 month low of $233.31 and a 12 month high of $450.92. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.65 and a quick ratio of 1.14. The firm has a market capitalization of $20.18 billion, a PE ratio of 38.02, a P/E/G ratio of 2.01 and a beta of 0.88. The company’s 50 day simple moving average is $387.62 and its 200 day simple moving average is $379.75.

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

Woodward Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be issued a $0.32 dividend. The ex-dividend date is Thursday, August 20th. This represents a $1.28 annualized dividend and a dividend yield of 0.4%. Woodward’s dividend payout ratio is 14.24%.

Woodward Company 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.