Woodward, Inc. (WWD) To Go Ex-Dividend on November 19th

Woodward, Inc. (NASDAQ:WWD) announced a quarterly dividend on Tuesday, September 15th. Shareholders of record on Thursday, November 19th will be given a dividend of 0.32 per share by the technology company on Thursday, December 3rd. This represents a c) annualized dividend and a yield of 0.4%. The ex-dividend date is Thursday, November 19th.

Woodward has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 5 consecutive years. Woodward has a dividend payout ratio of 17.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Woodward to earn $10.36 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 12.4%.

Woodward Price Performance

Shares of NASDAQ:WWD traded up $0.44 during trading on Thursday, reaching $318.89. The stock had a trading volume of 341,136 shares, compared to its average volume of 706,831. Woodward has a 1-year low of $233.31 and a 1-year high of $450.92. The stock has a market cap of $18.83 billion, a PE ratio of 35.42, a PEG ratio of 1.87 and a beta of 0.87. 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 business has a fifty day moving average price of $364.97 and a 200-day moving average price of $374.74.

Woodward (NASDAQ:WWD) last released its quarterly earnings results on Wednesday, July 29th. The technology company reported $2.52 earnings per share 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 analysts’ expectations of $1.11 billion. Woodward had a return on equity of 21.89% and a net margin of 13.17%.The company’s revenue was up 21.2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.76 EPS. Woodward has set its FY 2026 guidance at 9.300-9.500 EPS. On average, equities analysts forecast that Woodward will post 9.46 earnings per share for the current fiscal year.

Insider Transactions at Woodward

In other news, EVP Shawn McLevige sold 2,150 shares of Woodward stock in a transaction on Friday, July 31st. The stock was sold at an average price of $356.82, for a total value of $767,163.00. Following the completion of the sale, the executive vice president directly owned 3,098 shares of the company’s stock, valued at approximately $1,105,428.36. This trade represents a 40.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.71% of the company’s stock.

Institutional Investors Weigh In On Woodward

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Bard Associates Inc. acquired a new stake in shares of Woodward in the 2nd quarter valued at about $28,000. Washington Trust Advisors Inc. bought a new stake in shares of Woodward during the 2nd quarter worth approximately $33,000. Elevation Wealth Partners LLC boosted its holdings in shares of Woodward by 550.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 91 shares of the technology company’s stock valued at $39,000 after buying an additional 77 shares during the last quarter. Parallel Advisors LLC raised its stake in Woodward by 82.5% in the 1st quarter. Parallel Advisors LLC now owns 115 shares of the technology company’s stock valued at $41,000 after acquiring an additional 52 shares during the period. Finally, Persistent Asset Partners Ltd bought a new position in shares of Woodward during the second quarter worth approximately $65,000. 81.18% of the stock is currently owned by institutional investors and hedge funds.

Woodward Company Profile

Woodward, Inc (NASDAQ: WWD) designs and manufactures control systems and components for the aerospace and industrial markets. Its products help manage fuel, air, combustion, motion, actuation and electrical power in engines, turbines and other energy-conversion systems.

In aerospace, Woodward supplies systems and components for commercial aircraft, business aviation, military aircraft, helicopters and space applications. Its offerings include fuel metering and engine control systems, air-management products, actuators, electric power systems and other controls used in propulsion and aircraft subsystems.

Woodward also serves industrial customers with controls for power generation, gas and diesel engines, renewable-energy equipment, industrial turbines and other applications.