Woodward (NASDAQ:WWD) Announces Quarterly Earnings Results

Woodward (NASDAQ:WWD) released its earnings results on Wednesday. The technology company reported $2.52 earnings per share for the quarter, topping the consensus estimate of $2.44 by $0.08, FiscalAI reports. Woodward had a net margin of 12.85% and a return on equity of 20.12%. The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.11 billion. Woodward updated its FY 2026 guidance to 9.300-9.500 EPS.

Woodward Stock Performance

NASDAQ:WWD traded down $25.13 during trading hours on Wednesday, reaching $385.42. The company had a trading volume of 1,100,492 shares, compared to its average volume of 717,299. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.73 and a quick ratio of 1.19. Woodward has a 1-year low of $233.31 and a 1-year high of $450.92. The business’s 50 day moving average price is $394.83 and its 200-day moving average price is $376.65. The firm has a market cap of $22.96 billion, a PE ratio of 46.16, a price-to-earnings-growth ratio of 2.50 and a beta of 0.86.

Woodward Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Thursday, August 20th. Woodward’s dividend payout ratio (DPR) is 15.33%.

Analyst Ratings Changes

WWD has been the subject of several research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Woodward in a research note on Friday, July 17th. Truist Financial upped their target price on Woodward from $404.00 to $415.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Royal Bank Of Canada restated an “outperform” rating and issued a $450.00 target price on shares of Woodward in a research note on Monday. UBS Group boosted their price target on Woodward from $427.00 to $429.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, Susquehanna assumed coverage on Woodward in a report on Tuesday, May 26th. They issued a “positive” rating and a $423.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $395.50.

Insider Buying and Selling

In other news, Director Daniel G. Korte sold 14,700 shares of Woodward stock in a transaction that occurred on Thursday, June 4th. The shares were 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 directly owned 4,434 shares of the company’s stock, valued at $1,578,725.70. The trade was a 76.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Karrie M. Bem sold 185 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $355.00, for a total transaction of $65,675.00. Following the completion of the transaction, the executive vice president owned 3,648 shares of the company’s stock, valued at approximately $1,295,040. This represents a 4.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 15,629 shares of company stock worth $5,570,005 in the last ninety days. Corporate insiders own 0.71% of the company’s stock.

Hedge Funds Weigh In On Woodward

Several institutional investors and hedge funds have recently modified their holdings of WWD. Quadrant Capital Group LLC increased its position in shares of Woodward by 1.5% in the third quarter. Quadrant Capital Group LLC now owns 3,327 shares of the technology company’s stock valued at $841,000 after buying an additional 48 shares in the last quarter. Quest Investment Management LLC increased its holdings in Woodward by 1.2% in the 3rd quarter. Quest Investment Management LLC now owns 4,313 shares of the technology company’s stock worth $1,090,000 after acquiring an additional 50 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in 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 acquiring an additional 54 shares during the period. EP Wealth Advisors LLC lifted its holdings in Woodward by 1.8% during the second quarter. EP Wealth Advisors LLC now owns 4,178 shares of the technology company’s stock valued at $1,024,000 after purchasing an additional 72 shares in the last quarter. Finally, Moneta Group Investment Advisors LLC grew its position in shares of Woodward by 6.0% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 1,324 shares of the technology company’s stock valued at $400,000 after purchasing an additional 75 shares during the period. Hedge funds and other institutional investors own 81.18% of the company’s stock.

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.