Two Sigma Securities LLC Acquires 1,907 Shares of Woodward, Inc. $WWD

Two Sigma Securities LLC lifted its stake in shares of Woodward, Inc. (NASDAQ:WWD) by 139.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,271 shares of the technology company’s stock after buying an additional 1,907 shares during the quarter. Two Sigma Securities LLC’s holdings in Woodward were worth $1,392,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. BlackRock Inc. bought a new stake in Woodward in the second quarter valued at $2,984,684,000. Norges Bank acquired a new stake in shares of Woodward in the 4th quarter valued at about $251,365,000. Bank of America Corp DE acquired a new stake in shares of Woodward in the 2nd quarter valued at about $303,698,000. Findlay Park Partners LLP acquired a new position in Woodward during the 2nd quarter worth approximately $231,958,000. Finally, Invesco Ltd. raised its stake in Woodward by 122.0% during the 3rd quarter. Invesco Ltd. now owns 905,578 shares of the technology company’s stock worth $228,849,000 after buying an additional 497,722 shares during the period. Institutional investors and hedge funds own 81.18% of the company’s stock.

Woodward Stock Performance

Shares of WWD stock opened at $339.82 on Tuesday. Woodward, Inc. has a 52 week low of $233.31 and a 52 week high of $450.92. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.14 and a current ratio of 1.65. The firm’s 50-day simple moving average is $385.88 and its two-hundred day simple moving average is $379.29. The firm has a market cap of $20.07 billion, a price-to-earnings ratio of 37.80, a P/E/G ratio of 2.01 and a beta of 0.88.

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

Woodward Announces Dividend

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

Insider Activity at Woodward

In related news, EVP Shawn M. Mclevige sold 2,150 shares of the company’s stock in a transaction that occurred 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 directly owned 3,098 shares in the company, valued at approximately $1,105,428.36. This represents a 40.97% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Daniel G. Korte sold 14,700 shares of Woodward stock in a transaction that occurred 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 completion of the transaction, the director 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 disclosure for this sale is available in the SEC filing. Insiders own 0.71% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on WWD shares. Royal Bank Of Canada reduced their price objective on Woodward from $450.00 to $430.00 and set an “outperform” rating for the company in a research note on Thursday, July 30th. Weiss Ratings reissued a “buy (b)” rating on shares of Woodward in a research report on Friday, July 17th. TD Cowen boosted their price target on shares of Woodward from $390.00 to $420.00 and gave the company a “hold” rating in a research note on Monday, July 13th. Susquehanna assumed coverage on shares of Woodward in a report on Tuesday, May 26th. They set a “positive” rating and a $423.00 price objective on the stock. Finally, Truist Financial raised their price objective on shares of Woodward from $415.00 to $420.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $419.00.

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.