Resources Management Corp CT ADV Decreases Stake in Woodward, Inc. $WWD

Resources Management Corp CT ADV decreased its position in Woodward, Inc. (NASDAQ:WWD) by 51.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,848 shares of the technology company’s stock after selling 1,985 shares during the period. Resources Management Corp CT ADV’s holdings in Woodward were worth $559,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of WWD. Ameriflex Group Inc. bought a new position in shares of Woodward during the 3rd quarter valued at approximately $26,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Woodward during the 4th quarter valued at approximately $44,000. Global Retirement Partners LLC grew its position 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 valued at $85,000 after acquiring an additional 160 shares during the period. Smartleaf Asset Management LLC grew its position in shares of Woodward by 107.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 411 shares of the technology company’s stock valued at $101,000 after acquiring an additional 213 shares during the period. Finally, Leonteq Securities AG bought a new position in shares of Woodward during the 4th quarter valued at approximately $101,000. 81.18% of the stock is owned by institutional investors.

Woodward Stock Up 4.0%

WWD opened at $402.50 on Tuesday. The company has a 50 day moving average of $369.58 and a 200 day moving average of $352.35. The company has a market cap of $23.98 billion, a PE ratio of 48.20, a price-to-earnings-growth ratio of 2.31 and a beta of 0.89. Woodward, Inc. has a 12 month low of $233.31 and a 12 month high of $407.00. 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 (NASDAQ:WWD) last released its quarterly earnings data on Wednesday, April 29th. The technology company reported $2.27 EPS for the quarter, topping the consensus estimate of $2.10 by $0.17. The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.01 billion. Woodward had a net margin of 12.85% and a return on equity of 20.12%. Woodward’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same period last year, the firm earned $1.69 EPS. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. On average, sell-side analysts expect that Woodward, Inc. will post 9.34 EPS for the current year.

Woodward Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. Truist Financial increased their target price on shares of Woodward from $404.00 to $415.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Wall Street Zen downgraded shares of Woodward from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. Weiss Ratings reissued a “buy (b)” rating on shares of Woodward in a research report on Monday, April 20th. Zacks Research downgraded shares of Woodward from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Finally, Susquehanna assumed coverage on shares of Woodward in a research report on Tuesday, May 26th. They set a “positive” rating and a $423.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $393.00.

Insider Activity at Woodward

In other Woodward news, EVP Karrie M. Bem sold 280 shares of the firm’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $372.66, for a total value of $104,344.80. Following the completion of the transaction, the executive vice president directly owned 4,297 shares of the company’s stock, valued at $1,601,320.02. This trade represents a 6.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Daniel G. Korte sold 14,700 shares of the firm’s 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 directly owned 4,434 shares of the company’s stock, valued at approximately $1,578,725.70. The trade was a 76.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety 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.