Pinnbrook Capital Management LP Boosts Holdings in Woodward, Inc. $WWD

Pinnbrook Capital Management LP raised its stake in shares of Woodward, Inc. (NASDAQ:WWD) by 218.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,631 shares of the technology company’s stock after purchasing an additional 17,586 shares during the period. Woodward accounts for 1.1% of Pinnbrook Capital Management LP’s holdings, making the stock its 27th biggest position. Pinnbrook Capital Management LP’s holdings in Woodward were worth $7,749,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in WWD. Woodline Partners LP purchased a new position in Woodward during the first quarter valued at $2,039,000. Focus Partners Wealth lifted its holdings in Woodward by 35.5% during the first quarter. Focus Partners Wealth now owns 2,390 shares of the technology company’s stock valued at $436,000 after purchasing an additional 626 shares in the last quarter. Acadian Asset Management LLC lifted its holdings in Woodward by 684.3% during the first quarter. Acadian Asset Management LLC now owns 5,043 shares of the technology company’s stock valued at $920,000 after purchasing an additional 4,400 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in Woodward by 7.0% during the second quarter. Russell Investments Group Ltd. now owns 4,030 shares of the technology company’s stock valued at $988,000 after purchasing an additional 265 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Woodward by 11.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 506 shares of the technology company’s stock valued at $124,000 after purchasing an additional 54 shares in the last quarter. 81.18% of the stock is owned by hedge funds and other institutional investors.

Woodward Price Performance

Woodward stock opened at $355.76 on Friday. Woodward, Inc. has a 12-month low of $204.03 and a 12-month high of $407.00. The stock has a market cap of $21.20 billion, a P/E ratio of 42.61, a PEG ratio of 2.13 and a beta of 0.92. The company has a 50-day moving average price of $370.04 and a 200 day moving average price of $340.64. 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 (NASDAQ:WWD) last released its quarterly earnings data on Wednesday, April 29th. The technology company reported $2.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.10 by $0.17. Woodward had a net margin of 12.85% and a return on equity of 20.12%. The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same period last year, the business earned $1.69 earnings per share. Woodward’s revenue was up 23.4% compared to the same quarter last year. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. Sell-side analysts anticipate that Woodward, Inc. will post 9.34 earnings per share for the current year.

Woodward Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 21st will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 0.4%. The ex-dividend date is Thursday, May 21st. Woodward’s dividend payout ratio (DPR) is presently 15.33%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on WWD shares. The Goldman Sachs Group increased their price objective on shares of Woodward from $362.00 to $408.00 and gave the company a “buy” rating in a report on Tuesday, February 3rd. Zacks Research cut shares of Woodward from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Royal Bank Of Canada started coverage on shares of Woodward in a research report on Thursday, April 16th. They issued an “outperform” rating and a $450.00 target price for the company. Truist Financial increased their target price on shares of Woodward from $404.00 to $415.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Finally, UBS Group increased their target price on shares of Woodward from $427.00 to $429.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $390.27.

Woodward News Roundup

Here are the key news stories impacting Woodward this week:

• Positive Sentiment: Zacks Research raised multiple earnings estimates for Woodward, including FY2026, FY2027, and several quarterly periods through FY2028, signaling improved profit expectations and a stronger long-term earnings outlook for the aerospace and industrial supplier.
• Positive Sentiment: The firm’s FY2028 EPS estimate was increased to $11.55 from $10.95, reinforcing the view that Woodward can continue growing earnings at a healthy pace.
• Neutral Sentiment: Despite the higher forecasts, Zacks Research kept its rating at “Hold,” which suggests the analyst upgrade in estimates was not accompanied by a more bullish stock recommendation.
• Negative Sentiment: EVP Karrie Bem sold 185 shares in a recent insider transaction, adding a small overhang to sentiment as investors often watch executive selling for signs of reduced confidence. SEC filing

Insider Buying and Selling

In other Woodward news, EVP Shawn M. Mclevige sold 1,850 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $384.37, for a total transaction of $711,084.50. Following the completion of the transaction, the executive vice president owned 3,095 shares of the company’s stock, valued at $1,189,625.15. This trade represents a 37.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Karrie M. Bem sold 185 shares of the stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $352.48, for a total transaction of $65,208.80. Following the transaction, the executive vice president directly owned 3,833 shares of the company’s stock, valued at approximately $1,351,055.84. This trade represents a 4.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 20,219 shares of company stock worth $7,675,530. Insiders own 0.71% of the company’s stock.

Woodward 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.