Woodward (NASDAQ:WWD) Announces Quarterly Earnings Results

Woodward (NASDAQ:WWD) issued its quarterly earnings results on Monday. The technology company reported $1.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.14 by $0.21, RTT News reports. Woodward had a net margin of 11.22% and a return on equity of 17.13%. During the same quarter last year, the business posted $1.45 EPS. Woodward updated its FY 2025 guidance to 5.850-6.250 EPS.

Woodward Trading Up 1.4 %

Shares of Woodward stock traded up $2.65 during trading hours on Monday, hitting $187.90. The company’s stock had a trading volume of 1,083,565 shares, compared to its average volume of 441,499. The stock has a market cap of $11.11 billion, a price-to-earnings ratio of 31.26, a P/E/G ratio of 2.36 and a beta of 1.40. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.23 and a current ratio of 1.89. Woodward has a twelve month low of $133.56 and a twelve month high of $201.64. The firm has a fifty day moving average of $178.99 and a 200-day moving average of $170.42.

Woodward Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 20th will be given a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 0.60%. This is a positive change from Woodward’s previous quarterly dividend of $0.25. Woodward’s dividend payout ratio is presently 16.64%.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. StockNews.com upgraded shares of Woodward from a “hold” rating to a “buy” rating in a research note on Monday, December 2nd. Wells Fargo & Company reduced their price objective on Woodward from $197.00 to $193.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 8th. Barclays lifted their price target on Woodward from $175.00 to $200.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 3rd. UBS Group raised their price objective on shares of Woodward from $209.00 to $228.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Finally, Truist Financial raised their price target on shares of Woodward from $226.00 to $229.00 and gave the company a “buy” rating in a research report on Tuesday, January 14th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $195.38.

Insider Buying and Selling at Woodward

In other news, Director John D. Cohn sold 2,400 shares of the firm’s stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $179.57, for a total value of $430,968.00. Following the sale, the director now directly owns 20,963 shares in the company, valued at approximately $3,764,325.91. This trade represents a 10.27 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Thomas G. Cromwell sold 10,000 shares of the firm’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $177.65, for a total value of $1,776,500.00. Following the completion of the sale, the chief operating officer now owns 11,511 shares in the company, valued at approximately $2,044,929.15. This represents a 46.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 60,313 shares of company stock worth $10,752,072 over the last three months. Insiders own 0.82% of the company’s stock.

Woodward Company Profile

Woodward, Inc designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company operates in two segments, Aerospace and Industrial. The Aerospace segment provides fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles, and flight deck controls, actuators, servocontrols, motors, and sensors for aircraft.