Woodward, Inc. (NASDAQ:WWD) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Woodward, Inc. (NASDAQ:WWD) has been assigned an average rating of “Moderate Buy” from the sixteen research firms that are covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, eleven have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $393.00.

A number of equities research analysts recently issued reports on the stock. Zacks Research upgraded shares of Woodward from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $470.00 price target on shares of Woodward in a research report on Friday, May 1st. Wall Street Zen cut shares of Woodward from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 9th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Woodward in a report on Monday, April 20th. Finally, UBS Group lifted their target price on shares of Woodward from $427.00 to $429.00 and gave the company a “buy” rating in a research note on Thursday, April 30th.

Insiders Place Their Bets

In other Woodward news, EVP Karrie M. Bem sold 185 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $355.00, for a total value of $65,675.00. Following the transaction, the executive vice president owned 3,648 shares of the company’s stock, valued at approximately $1,295,040. The trade was a 4.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Daniel G. Korte sold 14,700 shares of the stock in a transaction on Thursday, June 4th. The stock was 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 $1,578,725.70. The trade was a 76.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 15,629 shares of company stock valued at $5,570,005 over the last ninety days. Insiders own 0.71% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Elevation Wealth Partners LLC lifted its position in Woodward by 550.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 91 shares of the technology company’s stock worth $39,000 after buying an additional 77 shares in the last quarter. Parallel Advisors LLC increased its position 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 in the last quarter. Aster Capital Management DIFC Ltd acquired a new stake in Woodward in the 4th quarter valued at about $35,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Woodward in the fourth quarter worth about $44,000. Finally, Caitong International Asset Management Co. Ltd bought a new position in shares of Woodward in the fourth quarter worth about $61,000. 81.18% of the stock is owned by institutional investors.

Woodward Stock Performance

Shares of NASDAQ:WWD opened at $406.40 on Monday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.73 and a quick ratio of 1.19. The business’s fifty day moving average price is $385.25 and its two-hundred day moving average price is $368.93. Woodward has a fifty-two week low of $233.31 and a fifty-two week high of $450.92. The stock has a market capitalization of $24.21 billion, a price-to-earnings ratio of 48.67, a price-to-earnings-growth ratio of 2.42 and a beta of 0.86.

Woodward (NASDAQ:WWD) last issued its quarterly earnings data on Wednesday, April 29th. The technology company reported $2.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $1.01 billion. During the same period last year, the business earned $1.69 earnings per share. The business’s revenue was up 23.4% on a year-over-year basis. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. As a group, analysts predict that Woodward will post 9.34 EPS for the current fiscal year.

Woodward Dividend Announcement

The firm also recently declared 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%.

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.