Woodward (NASDAQ:WWD) Issues Earnings Results

Woodward (NASDAQ:WWD) released its quarterly earnings data on Wednesday. The technology company reported $2.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.08 by $0.19, Zacks reports. Woodward had a net margin of 12.89% and a return on equity of 19.07%. The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.01 billion. Woodward updated its FY 2026 guidance to 9.150-9.450 EPS.

Here are the key takeaways from Woodward’s conference call:

• Record quarter — Woodward reported its first-ever quarterly sales above $1.1 billion (up 23% YoY) and record adjusted EPS (+34% YoY), and it raised FY26 guidance to total sales growth of 20%–23% and adjusted EPS of $9.15–$9.45.
• Demand was broad-based — aerospace sales of $703M (+25%) were driven by commercial OEM and services (LEAP/GTF and spare LRUs), while industrial sales of $387M (+20%) were supported by oil & gas, marine and growing power‑generation/data‑center demand (China on‑highway last‑time buys are largely complete).
• Strategic and capacity actions underway — the company closed the Valve Research & Manufacturing acquisition, is divesting pilot controls, moving servovalve production to Rockford, and progressing major projects (Spartanburg, Glatten) plus automation and rising aerospace R&D to target next‑generation single‑aisle content.
• Near‑term execution and macro risks — management noted supply‑chain and capacity constraints (e.g., dual sourcing, test‑stand procurement) that limited output, a material industrial product‑performance reserve that pressured margins, higher inventory/capex needs, and geopolitical/fuel‑price uncertainty that could weigh on aftermarket demand into FY2027.

Woodward Price Performance

Woodward stock traded down $2.99 during mid-day trading on Wednesday, reaching $360.98. 1,274,782 shares of the company’s stock traded hands, compared to its average volume of 673,558. Woodward has a 12-month low of $181.61 and a 12-month high of $407.00. The company has a market cap of $21.52 billion, a price-to-earnings ratio of 45.46, a PEG ratio of 2.62 and a beta of 0.98. The stock has a 50 day moving average of $377.95 and a two-hundred day moving average of $329.52. The company has a quick ratio of 1.36, a current ratio of 2.05 and a debt-to-equity ratio of 0.18.

Woodward Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Zacks Research cut shares of Woodward from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Melius Research upgraded shares of Woodward from a “hold” rating to a “buy” rating in a research note on Monday, January 5th. Weiss Ratings reissued a “buy (b)” rating on shares of Woodward in a report on Monday, April 20th. Royal Bank Of Canada started coverage on Woodward in a research report on Thursday, April 16th. They set an “outperform” rating and a $450.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Woodward from $430.00 to $445.00 and gave the stock a “buy” rating in a report on Monday, February 9th. One 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. Based on data from MarketBeat.com, Woodward presently has an average rating of “Moderate Buy” and a consensus price target of $385.91.

Insider Buying and Selling at Woodward

In other news, Director Eileen P. Paterson sold 5,200 shares of the company’s stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $378.15, for a total transaction of $1,966,380.00. Following the sale, the director directly owned 2,538 shares in the company, valued at approximately $959,744.70. This represents a 67.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John D. Cohn sold 2,250 shares of the stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $369.62, for a total transaction of $831,645.00. Following the completion of the transaction, the director directly owned 21,575 shares of the company’s stock, valued at approximately $7,974,551.50. The trade was a 9.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 26,925 shares of company stock valued at $10,203,160. Corporate insiders own 0.71% of the company’s stock.

Hedge Funds Weigh In On Woodward

A number of institutional investors and hedge funds have recently modified their holdings of WWD. State Street Corp raised its holdings in Woodward by 3.5% during the 3rd quarter. State Street Corp now owns 2,388,758 shares of the technology company’s stock valued at $603,663,000 after buying an additional 80,538 shares during the period. Invesco Ltd. boosted its stake in Woodward by 8.5% during the fourth quarter. Invesco Ltd. now owns 982,448 shares of the technology company’s stock worth $297,014,000 after buying an additional 76,870 shares during the period. Bank of America Corp DE boosted its stake in Woodward by 2.2% during the third quarter. Bank of America Corp DE now owns 887,938 shares of the technology company’s stock worth $224,391,000 after buying an additional 18,821 shares during the period. Findlay Park Partners LLP increased its position in Woodward by 136.2% during the fourth quarter. Findlay Park Partners LLP now owns 686,200 shares of the technology company’s stock valued at $207,452,000 after acquiring an additional 395,726 shares during the last quarter. Finally, First Trust Advisors LP raised its stake in shares of Woodward by 20.3% in the fourth quarter. First Trust Advisors LP now owns 538,160 shares of the technology company’s stock valued at $162,697,000 after acquiring an additional 90,813 shares during the period. Hedge funds and other institutional investors own 81.18% of the company’s stock.

More Woodward News

Here are the key news stories impacting Woodward this week:

• Positive Sentiment: Q2 results topped expectations — EPS $2.27 (vs. ~ $2.08 consensus) and revenue $1.09B, signaling pickup in demand and margin expansion. Woodward (WWD) Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised FY‑2026 guidance to EPS $9.15–$9.45 (above consensus) and revenue to ~$4.3–$4.4B, giving investors clearer upside vs prior expectations. Woodward Reports Second Quarter Fiscal Year 2026 Results
• Positive Sentiment: Underlying performance was solid: revenue +23% YoY, operating profit and gross profit expanded, cash balances and operating cash flow improved — data points that support the beat and guide. Woodward Inc. (WWD) stock rises on Q2 2026 Earnings
• Neutral Sentiment: Wall Street coverage remains constructive (multiple Buy ratings and mid‑$400s price targets), which could support further upside if execution continues. Analyst ratings and targets
• Neutral Sentiment: Broader commentary questions whether late buyers should chase after a nearly 98% one‑year gain — useful for position‑sizing decisions. Is It Too Late To Consider Woodward (WWD)?
• Negative Sentiment: Significant insider selling (multiple senior execs selling shares) could signal near‑term pressure or supply into the market; investors may view this as a risk to sentiment. Insider selling details
• Negative Sentiment: Valuation is elevated (P/E in the mid‑40s) and the stock is trading near its 12‑month high, increasing vulnerability to profit‑taking despite the upbeat results. WWD stock metrics

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.