Aigen Investment Management LP Purchases Shares of 2,827 Woodward, Inc. $WWD

Aigen Investment Management LP acquired a new position in shares of Woodward, Inc. (NASDAQ:WWD) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 2,827 shares of the technology company’s stock, valued at approximately $855,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ameriflex Group Inc. purchased a new position in Woodward during the 3rd quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Woodward during the 4th quarter worth approximately $44,000. Global Retirement Partners LLC grew its position in Woodward by 131.1% during the 4th quarter. Global Retirement Partners LLC now owns 282 shares of the technology company’s stock worth $85,000 after purchasing an additional 160 shares in the last quarter. Smartleaf Asset Management LLC grew its position in Woodward by 107.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 411 shares of the technology company’s stock worth $101,000 after purchasing an additional 213 shares in the last quarter. Finally, Leonteq Securities AG purchased a new position in Woodward during the 4th quarter worth approximately $101,000. 81.18% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Woodward

In other news, Director Daniel G. Korte sold 14,700 shares of the firm’s 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 sale, the director owned 4,434 shares of the company’s stock, valued at approximately $1,578,725.70. This trade represents a 76.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Karrie M. Bem sold 185 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $355.00, for a total transaction of $65,675.00. Following the sale, the executive vice president directly owned 3,648 shares in the company, valued at $1,295,040. This trade represents a 4.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 15,629 shares of company stock valued at $5,570,005. Company insiders own 0.71% of the company’s stock.

Woodward Price Performance

Woodward stock opened at $386.85 on Monday. The firm has a market cap of $23.05 billion, a price-to-earnings ratio of 46.33, a P/E/G ratio of 2.31 and a beta of 0.89. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.73 and a quick ratio of 1.19. Woodward, Inc. has a fifty-two week low of $230.68 and a fifty-two week high of $407.00. The firm has a fifty day moving average price of $368.97 and a two-hundred day moving average price of $351.58.

Woodward (NASDAQ:WWD) last announced its quarterly earnings data on Wednesday, April 29th. The technology company reported $2.27 EPS for the quarter, beating analysts’ consensus estimates of $2.10 by $0.17. The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.01 billion. Woodward had a net margin of 12.85% and a return on equity of 20.12%. The firm’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.69 earnings per share. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. As a group, analysts forecast that Woodward, Inc. will post 9.34 earnings per share for the current year.

Woodward Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Thursday, May 21st were given a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Thursday, May 21st. Woodward’s dividend payout ratio is 15.33%.

Analysts Set New Price Targets

A number of research firms have issued reports on WWD. Susquehanna initiated coverage on shares of Woodward in a research report on Tuesday, May 26th. They issued a “positive” rating and a $423.00 target price for the company. UBS Group boosted their price target on shares of Woodward from $427.00 to $429.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Weiss Ratings restated a “buy (b)” rating on shares of Woodward in a report on Monday, April 20th. Wall Street Zen cut shares of Woodward from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. Finally, Truist Financial boosted their price target on shares of Woodward from $404.00 to $415.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $393.00.

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.