BNP Paribas Financial Markets Has $18.05 Million Stock Holdings in Woodward, Inc. $WWD

BNP Paribas Financial Markets grew its stake in Woodward, Inc. (NASDAQ:WWD) by 20.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 59,701 shares of the technology company’s stock after buying an additional 10,109 shares during the period. BNP Paribas Financial Markets’ holdings in Woodward were worth $18,049,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Quantbot Technologies LP acquired a new stake in shares of Woodward in the third quarter valued at about $2,937,000. Allianz Asset Management GmbH acquired a new stake in shares of Woodward in the third quarter valued at about $12,300,000. Arbejdsmarkedets Tillaegspension acquired a new stake in shares of Woodward in the fourth quarter valued at about $24,436,000. SG Americas Securities LLC boosted its position in shares of Woodward by 487.6% during the 4th quarter. SG Americas Securities LLC now owns 18,663 shares of the technology company’s stock valued at $5,642,000 after purchasing an additional 15,487 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Woodward by 7.7% during the 4th quarter. Geode Capital Management LLC now owns 1,491,870 shares of the technology company’s stock valued at $451,093,000 after purchasing an additional 106,390 shares in the last quarter. Institutional investors and hedge funds own 81.18% of the company’s stock.

Insider Buying and Selling

In other news, EVP Karrie M. Bem sold 280 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $372.66, for a total value of $104,344.80. Following the transaction, the executive vice president owned 4,297 shares in the company, valued at $1,601,320.02. This trade represents a 6.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Charles P. Blankenship sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $367.40, for a total value of $1,837,000.00. Following the completion of the transaction, the chief executive officer owned 65,854 shares in the company, valued at $24,194,759.60. This represents a 7.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 8,554 shares of company stock worth $3,183,170 in the last 90 days. Corporate insiders own 0.71% of the company’s stock.

Woodward Price Performance

Shares of NASDAQ:WWD opened at $357.74 on Friday. The company has a quick ratio of 1.19, a current ratio of 1.73 and a debt-to-equity ratio of 0.18. Woodward, Inc. has a twelve month low of $227.00 and a twelve month high of $407.00. The stock’s 50 day moving average is $366.95 and its 200-day moving average is $346.86. The firm has a market capitalization of $21.31 billion, a price-to-earnings ratio of 42.84, a PEG ratio of 2.13 and a beta of 0.89.

Woodward (NASDAQ:WWD) last issued its earnings results on Wednesday, April 29th. The technology company reported $2.27 earnings per share for the quarter, topping 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 for the quarter, compared to analyst estimates of $1.01 billion. During the same period in the prior year, the firm earned $1.69 earnings per share. 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 forecast that Woodward, Inc. will post 9.34 EPS for the current fiscal year.

Woodward Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st were issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Thursday, May 21st. Woodward’s dividend payout ratio (DPR) is currently 15.33%.

Analysts Set New Price Targets

Several brokerages recently commented on WWD. Truist Financial upped their target price on Woodward from $404.00 to $415.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Jefferies Financial Group restated a “buy” rating and set a $450.00 target price on shares of Woodward in a research report on Sunday, February 8th. Wall Street Zen lowered Woodward from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. Weiss Ratings restated a “buy (b)” rating on shares of Woodward in a research report on Monday, April 20th. Finally, Susquehanna began coverage on Woodward in a research report on Tuesday, May 26th. They set a “positive” rating and a $423.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Woodward has an average rating of “Moderate Buy” and a consensus target price of $393.00.

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.