Diversify Wealth Management LLC Makes New Investment in Woodward, Inc. $WWD

Diversify Wealth Management LLC purchased a new position in shares of Woodward, Inc. (NASDAQ:WWD) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 2,504 shares of the technology company’s stock, valued at approximately $904,000.

A number of other large investors have also made changes to their positions in WWD. Aster Capital Management DIFC Ltd acquired a new stake in shares of Woodward in the fourth quarter valued at about $35,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Woodward during the fourth quarter worth about $44,000. Caitong International Asset Management Co. Ltd acquired a new position in Woodward during the fourth quarter worth about $61,000. Global Retirement Partners LLC increased its holdings in Woodward by 131.1% in the fourth quarter. Global Retirement Partners LLC now owns 282 shares of the technology company’s stock valued at $85,000 after buying an additional 160 shares in the last quarter. Finally, Root Financial Partners LLC increased its holdings in Woodward by 122.6% in the first quarter. Root Financial Partners LLC now owns 296 shares of the technology company’s stock valued at $106,000 after buying an additional 163 shares in the last quarter. Hedge funds and other institutional investors own 81.18% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on WWD shares. TD Cowen boosted their price target on Woodward from $390.00 to $420.00 and gave the stock a “hold” rating in a research note on Monday. Zacks Research raised Woodward from a “hold” rating to a “strong-buy” rating in a report on Monday, June 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $470.00 price objective on shares of Woodward in a report on Friday, May 1st. Truist Financial boosted their target price on Woodward from $404.00 to $415.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Finally, UBS Group upped their target price on Woodward from $427.00 to $429.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Woodward currently has a consensus rating of “Moderate Buy” and an average price target of $395.50.

Woodward Stock Performance

NASDAQ WWD opened at $394.12 on Friday. The business’s 50-day moving average price is $387.43 and its 200 day moving average price is $371.29. The company has a current ratio of 1.73, a quick ratio of 1.19 and a debt-to-equity ratio of 0.18. Woodward, Inc. has a twelve month low of $233.31 and a twelve month high of $450.92. The company has a market capitalization of $23.48 billion, a PE ratio of 47.20, a price-to-earnings-growth ratio of 2.40 and a beta of 0.86.

Woodward (NASDAQ:WWD) last posted its quarterly earnings results on Wednesday, April 29th. The technology company reported $2.27 EPS for the quarter, beating 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 analysts’ expectations of $1.01 billion. During the same quarter in the previous year, the business earned $1.69 EPS. The firm’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. On average, research analysts predict that Woodward, Inc. will post 9.34 earnings per share for the current year.

Woodward Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be given 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 dividend payout ratio (DPR) is currently 15.33%.

Insider Buying and Selling

In other Woodward news, 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 transaction, the executive vice president owned 3,648 shares of the company’s stock, valued at $1,295,040. This trade represents a 4.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Daniel G. Korte sold 14,700 shares of Woodward stock in a transaction 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 transaction, 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 position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 15,629 shares of company stock valued at $5,570,005. 0.71% of the stock is owned by insiders.

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.