Woodward (NASDAQ:WWD – Get Free Report) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 9.300-9.500 for the period, compared to the consensus earnings per share estimate of 9.400. The company issued revenue guidance of $4.3 billion-$4.4 billion, compared to the consensus revenue estimate of $4.3 billion.
Wall Street Analyst Weigh In
WWD has been the topic of several research analyst reports. Wall Street Zen lowered Woodward from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 9th. Wells Fargo & Company initiated coverage on shares of Woodward in a report on Wednesday, April 1st. They issued an “overweight” rating and a $440.00 target price for the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $470.00 target price on shares of Woodward in a report on Friday, May 1st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Woodward in a report on Friday, July 17th. Finally, TD Cowen lifted their price target on shares of Woodward from $390.00 to $420.00 and gave the company a “hold” rating in a report on Monday, July 13th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $395.50.
Woodward Trading Down 6.1%
Woodward (NASDAQ:WWD – Get Free Report) last posted 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. Woodward had a net margin of 12.85% and a return on equity of 20.12%. The business had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.11 billion. Woodward has set its FY 2026 guidance at 9.300-9.500 EPS. Equities analysts forecast that Woodward will post 9.34 earnings per share for the current fiscal year.
Woodward Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Thursday, August 20th. Woodward’s payout ratio is 15.33%.
Insider Buying and Selling at Woodward
In other Woodward news, Director Daniel G. Korte sold 14,700 shares of Woodward 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 transaction, the director directly owned 4,434 shares of the company’s stock, valued at approximately $1,578,725.70. The trade was a 76.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Karrie M. Bem sold 185 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $355.00, for a total value of $65,675.00. Following the completion of the sale, the executive vice president owned 3,648 shares in the company, valued at $1,295,040. This trade represents a 4.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 15,629 shares of company stock worth $5,570,005. 0.71% of the stock is currently owned by insiders.
Institutional Trading of Woodward
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vident Advisory LLC boosted its position in Woodward by 10.3% during the third quarter. Vident Advisory LLC now owns 3,859 shares of the technology company’s stock valued at $975,000 after acquiring an additional 360 shares during the last quarter. Sandler Capital Management bought a new position in shares of Woodward in the 4th quarter worth about $959,000. Acadian Asset Management LLC raised its position in shares of Woodward by 684.3% in the 1st quarter. Acadian Asset Management LLC now owns 5,043 shares of the technology company’s stock worth $920,000 after acquiring an additional 4,400 shares in the last quarter. Williamson Legacy Group LLC acquired a new position in shares of Woodward in the 3rd quarter valued at about $765,000. Finally, Qtron Investments LLC acquired a new position in shares of Woodward in the 4th quarter valued at about $607,000. Institutional investors and hedge funds own 81.18% of the company’s stock.
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.
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