Headlands Technologies LLC Grows Stock Holdings in Woodward, Inc. $WWD

Headlands Technologies LLC lifted its holdings in Woodward, Inc. (NASDAQ:WWD) by 381.9% during the second quarter, Holdings Channel reports. The fund owned 4,496 shares of the technology company’s stock after buying an additional 3,563 shares during the quarter. Headlands Technologies LLC’s holdings in Woodward were worth $1,913,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the business. Bard Associates Inc. acquired a new position in Woodward during the second quarter valued at $28,000. Elevation Wealth Partners LLC grew its position in Woodward by 550.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 91 shares of the technology company’s stock worth $39,000 after purchasing an additional 77 shares during the period. Parallel Advisors LLC grew its position in 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 purchasing an additional 52 shares during the period. Aster Capital Management DIFC Ltd purchased a new position in shares of Woodward during the 4th quarter valued at about $35,000. Finally, Persistent Asset Partners Ltd acquired a new position in shares of Woodward in the 2nd quarter valued at about $65,000. Hedge funds and other institutional investors own 81.18% of the company’s stock.

Insider Buying and Selling at Woodward

In other news, EVP Shawn M. Mclevige sold 2,150 shares of Woodward stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $356.82, for a total value of $767,163.00. Following the sale, the executive vice president owned 3,098 shares in the company, valued at $1,105,428.36. This trade represents a 40.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Daniel G. Korte sold 14,700 shares of the business’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $356.05, for a total transaction of $5,233,935.00. Following 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 position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.71% of the company’s stock.

Woodward Stock Down 0.6%

Shares of WWD opened at $339.82 on Tuesday. The firm has a market cap of $20.07 billion, a P/E ratio of 37.80, a PEG ratio of 2.01 and a beta of 0.88. Woodward, Inc. has a 12 month low of $233.31 and a 12 month high of $450.92. The stock’s 50 day moving average is $385.88 and its two-hundred day moving average is $379.29. The company has a current ratio of 1.65, a quick ratio of 1.14 and a debt-to-equity ratio of 0.25.

Woodward (NASDAQ:WWD) last announced its earnings results on Wednesday, July 29th. The technology company reported $2.52 earnings per share for the quarter, topping the consensus estimate of $2.44 by $0.08. Woodward had a return on equity of 21.89% and a net margin of 13.17%.The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the prior year, the company posted $1.76 EPS. The business’s quarterly revenue was up 21.2% on a year-over-year basis. Woodward has set its FY 2026 guidance at 9.300-9.500 EPS. Analysts predict that Woodward, Inc. will post 9.46 earnings per share for the current fiscal year.

Woodward Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Woodward’s dividend payout ratio (DPR) is presently 14.24%.

Analyst Ratings Changes

A number of analysts have recently commented on the company. TD Cowen upped their target price on Woodward from $390.00 to $420.00 and gave the stock a “hold” rating in a research note on Monday, July 13th. Royal Bank Of Canada reduced their price target on Woodward from $450.00 to $430.00 and set an “outperform” rating for the company in a research report on Thursday, July 30th. Susquehanna assumed coverage on Woodward in a report on Tuesday, May 26th. They issued a “positive” rating and a $423.00 price target for the company. Wall Street Zen lowered Woodward from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Woodward in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $419.00.

About Woodward

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.