Woodward, Inc. $WWD Stock Position Cut by Arbejdsmarkedets Tillaegspension

Arbejdsmarkedets Tillaegspension decreased its stake in shares of Woodward, Inc. (NASDAQ:WWD) by 15.0% during the 1st quarter, Holdings Channel reports. The institutional investor owned 68,665 shares of the technology company’s stock after selling 12,163 shares during the period. Arbejdsmarkedets Tillaegspension’s holdings in Woodward were worth $24,577,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in WWD. Aster Capital Management DIFC Ltd bought a new position in Woodward during the 4th quarter valued at $35,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Woodward during the 4th quarter valued at $44,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Woodward during the 4th quarter worth $61,000. Global Retirement Partners LLC boosted its stake in shares of 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 acquiring an additional 160 shares in the last quarter. Finally, Leonteq Securities AG acquired a new position in shares of Woodward in the 4th quarter worth $101,000. 81.18% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

WWD has been the topic of a number of recent analyst reports. Wall Street Zen lowered Woodward from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. Weiss Ratings reiterated a “buy (b)” rating on shares of Woodward in a research report on Monday, April 20th. Susquehanna initiated coverage on Woodward in a research note on Tuesday, May 26th. They issued a “positive” rating and a $423.00 price target on the stock. Truist Financial boosted their price objective on Woodward from $404.00 to $415.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Finally, Royal Bank Of Canada started coverage on shares of Woodward in a research note on Thursday, April 16th. They set an “outperform” rating and a $450.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $395.50.

Woodward Price Performance

Shares of NASDAQ:WWD opened at $396.93 on Tuesday. The firm has a market cap of $23.65 billion, a price-to-earnings ratio of 47.54, a P/E/G ratio of 2.42 and a beta of 0.86. Woodward, Inc. has a 1 year low of $233.31 and a 1 year high of $450.92. The company has a current ratio of 1.73, a quick ratio of 1.19 and a debt-to-equity ratio of 0.18. The business has a fifty day simple moving average of $385.93 and a 200 day simple moving average of $369.50.

Woodward (NASDAQ:WWD) last issued its earnings results on Wednesday, April 29th. The technology company reported $2.27 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 firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the previous year, the company posted $1.69 earnings per share. The business’s quarterly revenue was up 23.4% compared to the same quarter last year. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. As a group, sell-side analysts predict that Woodward, Inc. will post 9.34 earnings per share for the current fiscal year.

Woodward Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be paid a $0.32 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $1.28 annualized dividend and a dividend yield of 0.3%. Woodward’s payout ratio is presently 15.33%.

Insider Activity at Woodward

In related news, Director Daniel G. Korte sold 14,700 shares of the stock in a transaction that occurred 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 transaction, the director owned 4,434 shares in the company, valued at approximately $1,578,725.70. This 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 firm’s 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 transaction, the executive vice president directly owned 3,648 shares in the company, valued at approximately $1,295,040. The trade was a 4.83% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 15,629 shares of company stock valued at $5,570,005. 0.71% of the stock is currently owned by company insiders.

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.