Cynosure Group LLC Acquires New Position in Woodward, Inc. $WWD

Cynosure Group LLC acquired a new stake in shares of Woodward, Inc. (NASDAQ:WWD) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,733 shares of the technology company’s stock, valued at approximately $524,000.

A number of other large investors also recently modified their holdings of WWD. Quantbot Technologies LP bought a new position in Woodward during the 3rd quarter worth approximately $2,937,000. Arbejdsmarkedets Tillaegspension bought a new position in Woodward during the 4th quarter worth approximately $24,436,000. Geode Capital Management LLC grew its position in Woodward by 7.7% during the 4th quarter. Geode Capital Management LLC now owns 1,491,870 shares of the technology company’s stock worth $451,093,000 after acquiring an additional 106,390 shares during the last quarter. SG Americas Securities LLC grew its position in Woodward by 487.6% during the 4th quarter. SG Americas Securities LLC now owns 18,663 shares of the technology company’s stock worth $5,642,000 after acquiring an additional 15,487 shares during the last quarter. Finally, Wealth Enhancement Trust Services Inc. bought a new position in Woodward during the 4th quarter worth approximately $1,164,000. 81.18% of the stock is owned by hedge funds and other institutional investors.

Woodward Price Performance

Shares of WWD stock opened at $421.54 on Wednesday. The firm has a market cap of $25.12 billion, a P/E ratio of 50.48, a P/E/G ratio of 2.40 and a beta of 0.89. Woodward, Inc. has a fifty-two week low of $233.31 and a fifty-two week high of $425.33. The business’s 50 day moving average price is $370.58 and its 200-day moving average price is $353.21. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.19 and a current ratio of 1.73.

Woodward (NASDAQ:WWD) last issued its quarterly earnings data 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. The firm had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.01 billion. Woodward had a return on equity of 20.12% and a net margin of 12.85%.The business’s quarterly revenue was up 23.4% compared to the same quarter last year. During the same period last year, the company earned $1.69 EPS. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. On average, equities research analysts anticipate that Woodward, Inc. will post 9.34 earnings per share for the current year.

Woodward Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Thursday, May 21st. Woodward’s dividend payout ratio (DPR) is currently 15.33%.

Insider Buying and Selling

In other news, Director Daniel G. Korte sold 14,700 shares of Woodward 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 sale, the director directly owned 4,434 shares in the company, valued at approximately $1,578,725.70. This trade represents a 76.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Karrie M. Bem sold 185 shares of Woodward stock in a transaction that occurred 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 completion of the sale, the executive vice president owned 3,648 shares in the company, valued at approximately $1,295,040. This represents a 4.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 15,629 shares of company stock worth $5,570,005. Corporate insiders own 0.71% of the company’s stock.

Wall Street Analysts Forecast Growth

WWD has been the topic of several recent research reports. Truist Financial raised their price target on Woodward from $404.00 to $415.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Weiss Ratings restated a “buy (b)” rating on shares of Woodward in a research report on Monday, April 20th. Wall Street Zen lowered Woodward from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. Zacks Research lowered Woodward from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Finally, Wells Fargo & Company initiated coverage on Woodward in a research report on Wednesday, April 1st. They set an “overweight” rating and a $440.00 price target on the stock. One research 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 has a consensus rating of “Moderate Buy” and a consensus 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.