Woodward, Inc. $WWD Stock Holdings Raised by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC grew its stake in Woodward, Inc. (NASDAQ:WWD) by 7.8% during the second quarter, HoldingsChannel.com reports. The firm owned 5,226 shares of the technology company’s stock after purchasing an additional 379 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Woodward were worth $1,281,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Nuveen LLC bought a new stake in Woodward in the first quarter valued at about $25,667,000. Senator Investment Group LP bought a new position in Woodward during the 1st quarter worth approximately $22,355,000. Eisler Capital Management Ltd. grew its position in shares of Woodward by 164.5% in the 1st quarter. Eisler Capital Management Ltd. now owns 178,139 shares of the technology company’s stock worth $32,503,000 after acquiring an additional 110,799 shares in the last quarter. Kodai Capital Management LP bought a new stake in shares of Woodward in the 1st quarter valued at approximately $13,055,000. Finally, JPMorgan Chase & Co. increased its holdings in shares of Woodward by 5.0% in the 1st quarter. JPMorgan Chase & Co. now owns 1,092,257 shares of the technology company’s stock valued at $199,326,000 after acquiring an additional 51,873 shares during the last quarter. Institutional investors own 81.18% of the company’s stock.

Woodward Stock Performance

WWD stock opened at $247.51 on Friday. Woodward, Inc. has a 1 year low of $146.82 and a 1 year high of $267.45. The stock has a market capitalization of $14.84 billion, a price-to-earnings ratio of 39.16, a PEG ratio of 2.42 and a beta of 1.26. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.39 and a current ratio of 2.04. The stock’s fifty day moving average is $246.52 and its two-hundred day moving average is $228.77.

Woodward (NASDAQ:WWD) last released its quarterly earnings data on Monday, July 28th. The technology company reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.62 by $0.14. The business had revenue of $915.45 million for the quarter, compared to analysts’ expectations of $884.98 million. Woodward had a net margin of 11.32% and a return on equity of 16.57%. The company’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.63 EPS. Woodward has set its FY 2025 guidance at 6.500-6.750 EPS. On average, research analysts predict that Woodward, Inc. will post 6.15 EPS for the current year.

Woodward Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 20th will be issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, November 20th. Woodward’s payout ratio is 17.72%.

Wall Street Analyst Weigh In

WWD has been the topic of several research analyst reports. The Goldman Sachs Group raised their price objective on Woodward from $229.00 to $255.00 and gave the stock a “buy” rating in a research note on Monday, June 23rd. UBS Group increased their target price on shares of Woodward from $283.00 to $299.00 and gave the stock a “buy” rating in a report on Tuesday, July 29th. Wolfe Research set a $300.00 price target on shares of Woodward and gave the stock an “outperform” rating in a research report on Friday, October 3rd. Northcoast Research raised shares of Woodward to a “hold” rating in a research report on Friday, July 25th. Finally, Zacks Research lowered shares of Woodward from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. Eight investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $268.67.

Insider Buying and Selling at Woodward

In other news, Director John D. Cohn sold 1,750 shares of the business’s stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $244.32, for a total transaction of $427,560.00. Following the completion of the transaction, the director directly owned 20,963 shares in the company, valued at approximately $5,121,680.16. The trade was a 7.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.82% of the company’s stock.

About Woodward

Woodward, Inc designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company operates in two segments, Aerospace and Industrial. The Aerospace segment provides fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles, and flight deck controls, actuators, servocontrols, motors, and sensors for aircraft.