Woodward, Inc. $WWD Stock Position Increased by Osaic Holdings Inc.

Osaic Holdings Inc. boosted its position in shares of Woodward, Inc. (NASDAQ:WWD) by 427.0% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,830 shares of the technology company’s stock after buying an additional 5,534 shares during the quarter. Osaic Holdings Inc.’s holdings in Woodward were worth $1,671,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of WWD. Kilter Group LLC bought a new position in shares of Woodward during the 2nd quarter valued at about $39,000. MassMutual Private Wealth & Trust FSB lifted its stake in Woodward by 32.5% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 220 shares of the technology company’s stock valued at $54,000 after purchasing an additional 54 shares during the last quarter. Hantz Financial Services Inc. boosted its holdings in Woodward by 2,218.2% during the second quarter. Hantz Financial Services Inc. now owns 255 shares of the technology company’s stock worth $62,000 after buying an additional 244 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Woodward by 11.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 506 shares of the technology company’s stock worth $124,000 after buying an additional 54 shares in the last quarter. Finally, Penserra Capital Management LLC acquired a new position in Woodward in the second quarter worth approximately $135,000. 81.18% of the stock is currently owned by institutional investors.

Woodward Trading Down 1.4%

NASDAQ:WWD opened at $307.10 on Tuesday. The stock has a market cap of $18.43 billion, a PE ratio of 42.71, a price-to-earnings-growth ratio of 2.61 and a beta of 1.02. Woodward, Inc. has a fifty-two week low of $146.82 and a fifty-two week high of $317.56. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.08 and a quick ratio of 1.36. The stock’s 50-day moving average is $281.65 and its two-hundred day moving average is $259.90.

Woodward (NASDAQ:WWD) last posted its quarterly earnings results on Monday, November 24th. The technology company reported $2.09 EPS for the quarter, topping the consensus estimate of $1.83 by $0.26. The business had revenue of $995.26 million during the quarter, compared to analysts’ expectations of $943.15 million. Woodward had a net margin of 12.39% and a return on equity of 17.68%. The firm’s quarterly revenue was up 16.5% compared to the same quarter last year. During the same period last year, the company posted $1.41 earnings per share. Woodward has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, equities research analysts forecast that Woodward, Inc. will post 6.15 earnings per share for the current fiscal year.

Woodward declared that its Board of Directors has authorized a stock repurchase plan on Thursday, November 20th that allows the company to buyback $1.80 billion in outstanding shares. This buyback authorization allows the technology company to buy up to 11.6% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s board believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on WWD shares. Truist Financial increased their price objective on Woodward from $294.00 to $305.00 and gave the company a “buy” rating in a research report on Tuesday, November 25th. Wall Street Zen downgraded Woodward from a “strong-buy” rating to a “buy” rating in a report on Saturday. UBS Group lifted their price target on Woodward from $329.00 to $345.00 and gave the stock a “buy” rating in a research note on Monday, December 1st. Deutsche Bank Aktiengesellschaft boosted their price objective on Woodward from $360.00 to $400.00 and gave the stock a “buy” rating in a report on Monday, December 22nd. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $350.00 target price on shares of Woodward in a report on Monday, December 1st. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $298.78.

Insider Transactions at Woodward

In other Woodward news, COO Thomas G. Cromwell sold 5,000 shares of the business’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $297.88, for a total value of $1,489,400.00. Following the transaction, the chief operating officer owned 15,135 shares in the company, valued at $4,508,413.80. The trade was a 24.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Gregg C. Sengstack sold 7,000 shares of the firm’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $300.76, for a total value of $2,105,320.00. Following the sale, the director directly owned 9,610 shares of the company’s stock, valued at $2,890,303.60. This trade represents a 42.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 40,000 shares of company stock valued at $11,908,210. 0.71% of the stock is owned by insiders.

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.