Teacher Retirement System of Texas Raises Position in Woodward, Inc. $WWD

Teacher Retirement System of Texas grew its holdings in shares of Woodward, Inc. (NASDAQ:WWD) by 125.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,353 shares of the technology company’s stock after acquiring an additional 20,262 shares during the period. Teacher Retirement System of Texas owned about 0.06% of Woodward worth $9,187,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of WWD. Chicago Partners Investment Group LLC lifted its position in Woodward by 13.8% during the third quarter. Chicago Partners Investment Group LLC now owns 1,819 shares of the technology company’s stock valued at $478,000 after purchasing an additional 221 shares in the last quarter. Vest Financial LLC raised its stake in shares of Woodward by 11.8% in the third quarter. Vest Financial LLC now owns 25,539 shares of the technology company’s stock worth $6,454,000 after buying an additional 2,692 shares during the period. Inscription Capital LLC purchased a new position in shares of Woodward during the 3rd quarter valued at about $284,000. Root Financial Partners LLC purchased a new position in shares of Woodward during the 3rd quarter valued at about $27,000. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of Woodward by 6.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 20,333 shares of the technology company’s stock valued at $5,174,000 after acquiring an additional 1,224 shares during the period. 81.18% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Woodward

In other news, COO Thomas G. Cromwell sold 5,000 shares of the stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $297.88, for a total transaction of $1,489,400.00. Following the completion of the transaction, the chief operating officer directly owned 15,135 shares in the company, valued at approximately $4,508,413.80. This represents a 24.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John D. Cohn sold 3,000 shares of the firm’s stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $296.33, for a total transaction of $888,990.00. Following the completion of the transaction, the director directly owned 21,575 shares of the company’s stock, valued at approximately $6,393,319.75. This trade represents a 12.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 40,000 shares of company stock worth $11,908,210 in the last quarter. 0.71% of the stock is owned by corporate insiders.

Woodward Stock Performance

Shares of NASDAQ WWD opened at $327.02 on Monday. The company has a market cap of $19.62 billion, a P/E ratio of 45.48, a P/E/G ratio of 2.74 and a beta of 1.02. Woodward, Inc. has a 52-week low of $146.82 and a 52-week high of $339.10. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.36 and a current ratio of 2.08. The firm’s fifty day moving average is $304.38 and its two-hundred day moving average is $270.49.

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

Woodward declared that its Board of Directors has approved a share repurchase program on Thursday, November 20th that allows the company to repurchase $1.80 billion in shares. This repurchase authorization allows the technology company to repurchase up to 11.6% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

A number of equities research analysts have commented on WWD shares. Jefferies Financial Group raised their target price on shares of Woodward from $350.00 to $375.00 and gave the stock a “buy” rating in a research note on Friday, January 16th. Melius Research upgraded shares of Woodward from a “hold” rating to a “buy” rating in a research report on Monday, January 5th. Wall Street Zen raised shares of Woodward from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 10th. Deutsche Bank Aktiengesellschaft increased their price target on Woodward from $360.00 to $400.00 and gave the stock a “buy” rating in a research note on Monday, December 22nd. Finally, The Goldman Sachs Group raised their price target on Woodward from $329.00 to $362.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Woodward currently has an average rating of “Moderate Buy” and an average price target of $323.89.

Woodward Company 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.