Woodward, Inc. $WWD Stake Decreased by FACT Capital LP

FACT Capital LP cut its stake in Woodward, Inc. (NASDAQ:WWD) by 6.5% during the 1st quarter, Holdings Channel.com reports. The fund owned 37,685 shares of the technology company’s stock after selling 2,605 shares during the period. Woodward accounts for approximately 9.0% of FACT Capital LP’s portfolio, making the stock its 5th largest position. FACT Capital LP’s holdings in Woodward were worth $13,488,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Ameriflex Group Inc. acquired a new position in Woodward during the third quarter worth approximately $26,000. Aster Capital Management DIFC Ltd acquired a new position in shares of Woodward in the 4th quarter valued at $35,000. Parallel Advisors LLC grew its stake in shares of Woodward by 82.5% during the 1st quarter. Parallel Advisors LLC now owns 115 shares of the technology company’s stock valued at $41,000 after buying an additional 52 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Woodward during the 4th quarter valued at $44,000. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in shares of Woodward during the 4th quarter worth $61,000. 81.18% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Woodward

In other news, EVP Karrie M. Bem sold 185 shares of the stock in a transaction dated 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 trade represents a 4.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Daniel G. Korte sold 14,700 shares of the firm’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $356.05, for a total value of $5,233,935.00. Following the sale, the director owned 4,434 shares in the company, 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. In the last quarter, insiders sold 15,629 shares of company stock valued at $5,570,005. Insiders own 0.71% of the company’s stock.

Woodward Stock Performance

NASDAQ:WWD opened at $431.97 on Thursday. The company has a current ratio of 1.73, a quick ratio of 1.19 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $25.74 billion, a price-to-earnings ratio of 51.73, a PEG ratio of 2.55 and a beta of 0.89. The firm’s fifty day simple moving average is $375.63 and its 200 day simple moving average is $358.79. Woodward, Inc. has a twelve month low of $233.31 and a twelve month high of $445.29.

Woodward (NASDAQ:WWD) last announced its quarterly earnings results on Wednesday, April 29th. The technology company reported $2.27 earnings per share (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 firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same period in the prior year, the firm earned $1.69 EPS. The firm’s quarterly revenue was up 23.4% compared to the same quarter last year. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. As a group, equities research analysts expect that Woodward, Inc. will post 9.34 earnings per share for the current fiscal year.

Woodward Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st were given a $0.32 dividend. The ex-dividend date of this dividend was Thursday, May 21st. This represents a $1.28 annualized dividend and a dividend yield of 0.3%. Woodward’s dividend payout ratio is presently 15.33%.

Analyst Ratings Changes

Several research analysts recently weighed in on WWD shares. Truist Financial increased 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. Royal Bank Of Canada initiated coverage on Woodward in a research note on Thursday, April 16th. They set an “outperform” rating and a $450.00 price target for the company. Zacks Research downgraded Woodward from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $470.00 price objective on shares of Woodward in a research note on Friday, May 1st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Woodward in a report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target 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.