GSA Capital Partners LLP Invests $2.15 Million in Woodward, Inc. $WWD

GSA Capital Partners LLP acquired a new position in Woodward, Inc. (NASDAQ:WWD) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 5,061 shares of the technology company’s stock, valued at approximately $2,153,000.

A number of other hedge funds also recently bought and sold shares of WWD. Aster Capital Management DIFC Ltd bought a new position in Woodward in the fourth quarter valued at about $35,000. Elevation Wealth Partners LLC grew its stake in shares of Woodward by 550.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 91 shares of the technology company’s stock valued at $39,000 after purchasing an additional 77 shares during the period. Parallel Advisors LLC grew its stake in shares of Woodward by 82.5% during the 1st quarter. Parallel Advisors LLC now owns 115 shares of the technology company’s stock valued at $41,000 after purchasing an additional 52 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Woodward during the 4th quarter valued at about $61,000. Finally, Hollencrest Capital Management increased its position in shares of Woodward by 1,800.0% during the 1st quarter. Hollencrest Capital Management now owns 209 shares of the technology company’s stock valued at $75,000 after purchasing an additional 198 shares during the last quarter. Hedge funds and other institutional investors own 81.18% of the company’s stock.

Insider Buying and Selling at Woodward

In other news, Director Daniel G. Korte sold 14,700 shares of the stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $356.05, for a total value of $5,233,935.00. Following the completion of the sale, the director directly owned 4,434 shares of the company’s stock, valued at $1,578,725.70. This represents a 76.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Shawn M. Mclevige sold 2,150 shares of the firm’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $356.82, for a total transaction of $767,163.00. Following the sale, the executive vice president owned 3,098 shares in the company, valued at $1,105,428.36. The trade was a 40.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 17,220 shares of company stock valued at $6,131,982 over the last 90 days. 0.71% of the stock is currently owned by corporate insiders.

Woodward Stock Performance

Shares of WWD opened at $370.56 on Friday. The business has a 50-day simple moving average of $397.88 and a two-hundred day simple moving average of $379.55. The company has a quick ratio of 1.14, a current ratio of 1.65 and a debt-to-equity ratio of 0.25. Woodward, Inc. has a 52 week low of $233.31 and a 52 week high of $450.92. The stock has a market cap of $21.88 billion, a price-to-earnings ratio of 41.22, a PEG ratio of 2.17 and a beta of 0.88.

Woodward (NASDAQ:WWD) last posted its quarterly earnings data on Wednesday, July 29th. The technology company reported $2.52 earnings per share for the quarter, beating analysts’ consensus estimates of $2.44 by $0.08. The firm had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.11 billion. Woodward had a return on equity of 21.89% and a net margin of 13.17%.The business’s quarterly revenue was up 21.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.76 EPS. Woodward has set its FY 2026 guidance at 9.300-9.500 EPS. On average, analysts expect that Woodward, Inc. will post 9.46 EPS for the current year.

Woodward Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be paid 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 yield of 0.3%. Woodward’s dividend payout ratio (DPR) is presently 14.24%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on WWD. Weiss Ratings reissued a “buy (b)” rating on shares of Woodward in a report on Friday, July 17th. Truist Financial upped their target price on shares of Woodward from $415.00 to $420.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Royal Bank Of Canada reduced their target price on shares of Woodward from $450.00 to $430.00 and set an “outperform” rating for the company in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $470.00 price target on shares of Woodward in a research report on Friday, May 1st. Finally, Wall Street Zen cut shares of Woodward from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Woodward has a consensus rating of “Moderate Buy” and an average price target of $406.45.

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.