Corient Private Wealth LLC Boosts Stock Position in Woodward, Inc. $WWD

Corient Private Wealth LLC boosted its stake in shares of Woodward, Inc. (NASDAQ:WWD) by 38.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,642 shares of the technology company’s stock after buying an additional 1,828 shares during the period. Corient Private Wealth LLC’s holdings in Woodward were worth $2,008,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Ameriflex Group Inc. bought a new stake in Woodward in the third quarter worth $26,000. Aster Capital Management DIFC Ltd bought a new position in shares of Woodward during the fourth quarter valued at $35,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Woodward during the fourth quarter valued at $44,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Woodward in the 4th quarter worth about $61,000. Finally, Global Retirement Partners LLC raised its position in shares of Woodward by 131.1% in 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 during the last quarter. Hedge funds and other institutional investors own 81.18% of the company’s stock.

Insider Activity at Woodward

In related 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 value of $5,233,935.00. Following the sale, the director owned 4,434 shares in the company, valued at approximately $1,578,725.70. This trade represents a 76.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Karrie M. Bem sold 185 shares of the business’s stock in a transaction 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 owned 3,648 shares of the company’s stock, valued at approximately $1,295,040. This represents a 4.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 15,629 shares of company stock worth $5,570,005 in the last 90 days. 0.71% of the stock is currently owned by corporate insiders.

Woodward Trading Down 1.9%

Shares of NASDAQ:WWD opened at $423.32 on Tuesday. 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 1 year low of $233.31 and a 1 year high of $450.92. The company has a market cap of $25.22 billion, a P/E ratio of 50.70, a PEG ratio of 2.57 and a beta of 0.89. The stock’s fifty day moving average price is $378.03 and its 200-day moving average price is $361.62.

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

Woodward Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be given a dividend of $0.32 per share. The ex-dividend date is Thursday, August 20th. This represents a $1.28 dividend on an annualized basis and a yield of 0.3%. Woodward’s dividend payout ratio is 15.33%.

Analyst Ratings Changes

Several brokerages recently commented on WWD. Susquehanna assumed coverage on shares of Woodward in a research report on Tuesday, May 26th. They set a “positive” rating and a $423.00 price objective on the stock. Royal Bank Of Canada started coverage on shares of Woodward in a report on Thursday, April 16th. They issued an “outperform” rating and a $450.00 target price for the company. UBS Group upped their target price on shares of Woodward from $427.00 to $429.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $470.00 target price on shares of Woodward in a research note on Friday, May 1st. Finally, Wall Street Zen downgraded shares of Woodward from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Woodward currently has a consensus rating of “Moderate Buy” and an average price target of $393.00.

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.