Ibex Wealth Advisors Takes $9.41 Million Position in Woodward, Inc. $WWD

Ibex Wealth Advisors acquired a new stake in Woodward, Inc. (NASDAQ:WWD) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 26,303 shares of the technology company’s stock, valued at approximately $9,414,000.

Several other institutional investors and hedge funds have also modified their holdings of WWD. Ameriflex Group Inc. acquired a new position in Woodward during the third quarter worth $26,000. Aster Capital Management DIFC Ltd bought a new position in Woodward during the fourth quarter valued at about $35,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Woodward in the fourth quarter worth about $44,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Woodward in the fourth quarter worth about $61,000. Finally, Global Retirement Partners LLC boosted its stake in shares of Woodward by 131.1% during the 4th quarter. Global Retirement Partners LLC now owns 282 shares of the technology company’s stock worth $85,000 after acquiring an additional 160 shares in the last quarter. Institutional investors and hedge funds own 81.18% of the company’s stock.

Insider Activity at Woodward

In related news, EVP Karrie M. Bem sold 185 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $355.00, for a total transaction of $65,675.00. Following the transaction, the executive vice president owned 3,648 shares of the company’s stock, valued at approximately $1,295,040. The trade was a 4.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Daniel G. Korte sold 14,700 shares of the company’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $356.05, for a total transaction of $5,233,935.00. Following the transaction, the director 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 15,629 shares of company stock valued at $5,570,005 over the last three months. 0.71% of the stock is owned by company insiders.

Woodward Trading Up 1.0%

Woodward stock opened at $403.48 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.19 and a current ratio of 1.73. The business’s 50-day simple moving average is $384.34 and its 200-day simple moving average is $368.29. The firm has a market capitalization of $24.04 billion, a PE ratio of 48.32, a PEG ratio of 2.38 and a beta of 0.86. Woodward, Inc. has a 52 week low of $233.31 and a 52 week high of $450.92.

Woodward (NASDAQ:WWD) last announced its earnings results on Wednesday, April 29th. The technology company reported $2.27 earnings per share for the quarter, beating the consensus estimate of $2.10 by $0.17. The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.01 billion. Woodward had a return on equity of 20.12% and a net margin of 12.85%.The firm’s revenue for the quarter was up 23.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.69 EPS. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. Equities research analysts forecast that Woodward, Inc. will post 9.34 earnings per share for the current 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. The ex-dividend date is Thursday, August 20th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.3%. Woodward’s payout ratio is 15.33%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on WWD shares. Susquehanna assumed coverage on Woodward in a report on Tuesday, May 26th. They set a “positive” rating and a $423.00 price objective on the stock. Wall Street Zen cut Woodward from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. Wells Fargo & Company began coverage on Woodward in a report on Wednesday, April 1st. They set an “overweight” rating and a $440.00 price target on the stock. UBS Group lifted their price target 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. Finally, Zacks Research upgraded shares of Woodward from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 29th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $393.00.

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.