Karrie Bem Sells 185 Shares of Woodward (NASDAQ:WWD) Stock

Woodward, Inc. (NASDAQ:WWD) EVP Karrie Bem sold 185 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $355.00, for a total value of $65,675.00. Following the transaction, the executive vice president owned 3,648 shares of the company’s stock, valued at $1,295,040. This trade represents a 4.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Woodward Trading Down 1.2%

Shares of WWD stock opened at $351.36 on Friday. 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 1 year low of $204.10 and a 1 year high of $407.00. The stock has a fifty day moving average of $369.35 and a two-hundred day moving average of $340.71. The firm has a market capitalization of $20.93 billion, a PE ratio of 42.08, a price-to-earnings-growth ratio of 2.10 and a beta of 0.92.

Woodward (NASDAQ:WWD) last announced its quarterly earnings results on Wednesday, April 29th. The technology company reported $2.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.10 by $0.17. Woodward had a return on equity of 20.12% and a net margin of 12.85%.The company had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the previous year, the firm posted $1.69 EPS. The firm’s quarterly revenue was up 23.4% on a year-over-year basis. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. As a group, research analysts expect that Woodward, Inc. will post 9.34 EPS for the current year.

Woodward Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st will be issued a $0.32 dividend. The ex-dividend date is Thursday, May 21st. This represents a $1.28 annualized dividend and a dividend yield of 0.4%. Woodward’s dividend payout ratio is 15.33%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on WWD. The Goldman Sachs Group upped their price objective on Woodward from $362.00 to $408.00 and gave the company a “buy” rating in a report on Tuesday, February 3rd. TD Cowen upped their price objective on Woodward from $350.00 to $390.00 and gave the company a “hold” rating in a report on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $470.00 price objective on shares of Woodward in a report on Friday, May 1st. Royal Bank Of Canada began coverage on Woodward in a report on Thursday, April 16th. They issued an “outperform” rating and a $450.00 price objective for the company. Finally, Jefferies Financial Group restated a “buy” rating and issued a $450.00 price objective on shares of Woodward in a report on Sunday, February 8th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $390.27.

Institutional Investors Weigh In On Woodward

A number of institutional investors and hedge funds have recently modified their holdings of WWD. Woodline Partners LP acquired a new stake in shares of Woodward during the first quarter worth $2,039,000. Focus Partners Wealth raised its position in shares of Woodward by 35.5% during the first quarter. Focus Partners Wealth now owns 2,390 shares of the technology company’s stock worth $436,000 after purchasing an additional 626 shares during the period. Acadian Asset Management LLC raised its position in shares of Woodward by 684.3% during the first quarter. Acadian Asset Management LLC now owns 5,043 shares of the technology company’s stock worth $920,000 after purchasing an additional 4,400 shares during the period. Russell Investments Group Ltd. raised its position in shares of Woodward by 7.0% during the second quarter. Russell Investments Group Ltd. now owns 4,030 shares of the technology company’s stock worth $988,000 after purchasing an additional 265 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Woodward by 11.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 506 shares of the technology company’s stock worth $124,000 after purchasing an additional 54 shares during the period. 81.18% of the stock is owned by institutional investors and hedge funds.

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.