Karrie Bem Sells 279 Shares of Woodward (NASDAQ:WWD) Stock

Woodward, Inc. (NASDAQ:WWD) EVP Karrie Bem sold 279 shares of Woodward stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $361.44, for a total value of $100,841.76. Following the completion of the transaction, the executive vice president directly owned 4,018 shares in the company, valued at $1,452,265.92. This represents a 6.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Woodward Stock Performance

NASDAQ:WWD opened at $344.85 on Wednesday. The firm’s fifty day simple moving average is $371.20 and its 200 day simple moving average is $339.34. The company has a current ratio of 1.73, a quick ratio of 1.19 and a debt-to-equity ratio of 0.18. Woodward, Inc. has a twelve month low of $204.03 and a twelve month high of $407.00. The firm has a market capitalization of $20.55 billion, a price-to-earnings ratio of 41.30, a PEG ratio of 2.07 and a beta of 0.92.

Woodward (NASDAQ:WWD) last released its quarterly earnings results on Wednesday, April 29th. The technology company reported $2.27 earnings per share for the quarter, topping analysts’ consensus estimates of $2.10 by $0.17. The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.01 billion. Woodward had a return on equity of 20.12% and a net margin of 12.85%.Woodward’s quarterly revenue was up 23.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.69 EPS. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. As a group, equities research analysts expect that Woodward, Inc. will post 9.39 earnings per share for the current fiscal year.

Woodward Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders 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 annualized dividend and a dividend yield of 0.4%. Woodward’s payout ratio is presently 15.33%.

Wall Street Analysts Forecast Growth

WWD has been the subject of a number of research analyst reports. Wall Street Zen downgraded Woodward from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. Truist Financial lifted their price objective on shares of Woodward from $404.00 to $415.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Zacks Research lowered shares of Woodward from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. UBS Group increased their target price on shares of Woodward from $427.00 to $429.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, The Goldman Sachs Group raised their price target on shares of Woodward from $362.00 to $408.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $390.27.

Institutional Trading of Woodward

Several hedge funds have recently added to or reduced their stakes in WWD. Ameriflex Group Inc. acquired a new stake in Woodward in the third quarter worth about $26,000. Root Financial Partners LLC acquired a new position in Woodward during the 3rd quarter valued at about $27,000. Aster Capital Management DIFC Ltd bought a new stake in shares of Woodward during the 4th quarter worth about $35,000. Parallel Advisors LLC raised its position in shares of Woodward by 82.5% during the 1st quarter. Parallel Advisors LLC now owns 115 shares of the technology company’s stock worth $41,000 after buying an additional 52 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Woodward in the 4th quarter worth approximately $44,000. Institutional investors 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.