Woodward (NASDAQ:WWD) Releases FY 2026 Earnings Guidance

Woodward (NASDAQ:WWD) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 9.150-9.450 for the period, compared to the consensus estimate of 8.740. The company issued revenue guidance of $4.3 billion-$4.4 billion, compared to the consensus revenue estimate of $4.1 billion.

Woodward Stock Up 0.6%

Shares of NASDAQ:WWD traded up $2.01 during midday trading on Thursday, reaching $362.99. The company had a trading volume of 2,306,649 shares, compared to its average volume of 693,609. The company has a quick ratio of 1.36, a current ratio of 2.05 and a debt-to-equity ratio of 0.18. The business’s 50 day moving average price is $377.33 and its 200 day moving average price is $329.74. The stock has a market cap of $21.64 billion, a PE ratio of 45.72, a P/E/G ratio of 2.62 and a beta of 0.98. Woodward has a 1-year low of $188.79 and a 1-year high of $407.00.

Woodward (NASDAQ:WWD) last released its earnings results on Wednesday, April 29th. The technology company reported $2.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.08 by $0.19. The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.01 billion. Woodward had a return on equity of 19.07% and a net margin of 12.89%.Woodward’s quarterly revenue was up 23.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.69 earnings per share. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. Research analysts forecast that Woodward will post 8.51 EPS for the current fiscal year.

Woodward Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 21st will be given a $0.32 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.4%. Woodward’s payout ratio is currently 16.12%.

Wall Street Analyst Weigh In

WWD has been the topic of a number of recent research reports. Melius Research raised Woodward from a “hold” rating to a “buy” rating in a research report on Monday, January 5th. Royal Bank Of Canada initiated coverage on Woodward in a research report on Thursday, April 16th. They set an “outperform” rating and a $450.00 price target on the stock. Wells Fargo & Company initiated coverage on Woodward in a research report on Wednesday, April 1st. They set an “overweight” rating and a $440.00 price target on the stock. Truist Financial boosted their price target on Woodward from $366.00 to $404.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. Finally, TD Cowen boosted their price target on Woodward from $350.00 to $390.00 and gave the stock a “hold” rating in a research report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Woodward presently has a consensus rating of “Moderate Buy” and an average target price of $387.00.

Insider Buying and Selling

In other news, EVP Shawn M. Mclevige sold 1,850 shares of the stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $384.37, for a total value of $711,084.50. Following the completion of the transaction, the executive vice president directly owned 3,095 shares in the company, valued at approximately $1,189,625.15. This represents a 37.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John D. Cohn sold 2,250 shares of the stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $369.62, for a total value of $831,645.00. Following the completion of the transaction, the director owned 21,575 shares of the company’s stock, valued at $7,974,551.50. The trade was a 9.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 26,925 shares of company stock valued at $10,203,160. 0.71% of the stock is currently owned by corporate insiders.

Woodward News Summary

Here are the key news stories impacting Woodward this week:

• Positive Sentiment: Q2 results beat consensus: revenue $1.09B (+23% YoY) and EPS $2.27 (above estimates); gross and operating margins improved, and management raised FY?2026 guidance (EPS 9.150–9.450; revenue $4.3–4.4B), supporting upward re-rating. Woodward Reports Second Quarter Fiscal Year 2026 Results
• Positive Sentiment: Analyst support: UBS raised its price target (from $427 to $429) and maintains a Buy rating, citing upside vs. the current price — a signal that some sell?side firms see further upside. Benzinga
• Positive Sentiment: Multiple analysts continue to issue Buy ratings and high targets (median ~$412.50; several $400+ targets), reflecting broad analyst conviction after the print. Quiver Quantitative: Stock Rises on Q2 Earnings
• Neutral Sentiment: Earnings call and transcripts are available for detail on segment trends (Aerospace & Industrial strength drove the beat); these will matter for investors modeling forward margins and cash flow. Seeking Alpha: Earnings Call Transcript
• Neutral Sentiment: Market commentary and “Is it a buy?” pieces are circulating, reflecting debate over valuation after a strong one?year run; watch forward multiples vs. growth in models. Yahoo Finance: Is It Too Late To Consider Woodward?
• Neutral Sentiment: Coverage notes potential index?fund flows (Nasdaq index buzz) that could amplify demand if inclusion dynamics progress — monitor any official index reconstitution news. Kalkine Media: Earnings Momentum & Nasdaq Index Buzz
• Negative Sentiment: Significant insider selling and large institutional reductions were flagged (multiple senior execs and big funds sold material stakes), which could weigh on investor sentiment despite the strong quarter. Quiver Quantitative: Insider & Institutional Activity

Hedge Funds Weigh In On Woodward

Several hedge funds have recently modified their holdings of the company. Invesco Ltd. grew its holdings in Woodward by 122.0% during the third quarter. Invesco Ltd. now owns 905,578 shares of the technology company’s stock valued at $228,849,000 after purchasing an additional 497,722 shares during the period. Findlay Park Partners LLP grew its position in shares of Woodward by 136.2% during the 4th quarter. Findlay Park Partners LLP now owns 686,200 shares of the technology company’s stock valued at $207,452,000 after purchasing an additional 395,726 shares in the last quarter. Two Sigma Investments LP grew its position in shares of Woodward by 1,086.9% during the 3rd quarter. Two Sigma Investments LP now owns 330,514 shares of the technology company’s stock valued at $83,524,000 after purchasing an additional 302,666 shares in the last quarter. Lord Abbett & CO. LLC purchased a new position in shares of Woodward during the 4th quarter valued at $65,918,000. Finally, Soros Fund Management LLC bought a new stake in shares of Woodward during the 4th quarter worth $54,798,000. 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.