Woodward, Inc. $WWD Stock Acquired by McCollum Christoferson Group LLC

McCollum Christoferson Group LLC raised its position in Woodward, Inc. (NASDAQ:WWD) by 674.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,941 shares of the technology company’s stock after purchasing an additional 12,141 shares during the quarter. McCollum Christoferson Group LLC’s holdings in Woodward were worth $4,581,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in WWD. NorthCrest Asset Manangement LLC increased its stake in shares of Woodward by 91.4% in the third quarter. NorthCrest Asset Manangement LLC now owns 2,237 shares of the technology company’s stock valued at $724,000 after buying an additional 1,068 shares during the period. Wedmont Private Capital boosted its position in Woodward by 3.5% during the 3rd quarter. Wedmont Private Capital now owns 1,346 shares of the technology company’s stock worth $435,000 after buying an additional 45 shares during the period. GAMMA Investing LLC boosted its position in Woodward by 4.4% during the 3rd quarter. GAMMA Investing LLC now owns 10,405 shares of the technology company’s stock worth $3,419,000 after buying an additional 436 shares during the period. Vann Equity Management LLC bought a new stake in Woodward during the 3rd quarter worth approximately $311,000. Finally, Steph & Co. grew its holdings in Woodward by 93.8% during the 3rd quarter. Steph & Co. now owns 440 shares of the technology company’s stock worth $145,000 after acquiring an additional 213 shares during the last quarter. 81.18% of the stock is owned by institutional investors and hedge funds.

Woodward Trading Down 0.4%

Shares of WWD stock traded down $1.25 during mid-day trading on Tuesday, hitting $331.31. The company’s stock had a trading volume of 142,740 shares, compared to its average volume of 707,190. Woodward, Inc. has a 52 week low of $244.69 and a 52 week high of $450.92. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.14 and a current ratio of 1.65. The company’s fifty day simple moving average is $340.68 and its 200-day simple moving average is $368.78. The company has a market cap of $19.56 billion, a PE ratio of 36.85, a P/E/G ratio of 1.80 and a beta of 0.86.

Woodward (NASDAQ:WWD) last announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $2.52 EPS for the quarter, topping the consensus estimate of $2.44 by $0.08. The company had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.11 billion. Woodward had a net margin of 13.17% and a return on equity of 21.89%. The company’s quarterly revenue was up 21.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.76 EPS. Woodward has set its FY 2026 guidance at 9.300-9.500 EPS. As a group, equities research analysts expect that Woodward, Inc. will post 9.46 earnings per share for the current fiscal year.

Woodward Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Thursday, November 19th will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is Thursday, November 19th. This represents a $1.28 annualized dividend and a yield of 0.4%. Woodward’s dividend payout ratio is currently 14.24%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on WWD shares. Royal Bank Of Canada decreased their price target on shares of Woodward from $450.00 to $430.00 and set an “outperform” rating for the company in a research report on Thursday, July 30th. Guggenheim initiated coverage on Woodward in a report on Monday, September 14th. They issued a “buy” rating and a $404.00 price objective for the company. Zacks Research downgraded Woodward from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 5th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Woodward in a report on Friday, July 17th. Finally, Wells Fargo & Company lowered their price objective on Woodward from $440.00 to $430.00 and set an “overweight” rating for the company in a research report on Wednesday, September 30th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $418.36.

Insider Transactions at Woodward

In other Woodward news, EVP Shawn McLevige sold 2,150 shares of the firm’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $356.82, for a total value of $767,163.00. Following the completion of the sale, the executive vice president directly owned 3,098 shares in the company, valued at approximately $1,105,428.36. This trade represents a 40.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.71% of the stock is currently owned by corporate insiders.

About Woodward

Woodward, Inc is a designer, manufacturer and service provider of control systems and components for the aerospace and energy industries. The company develops technologies that help regulate the flow of fuel, air and power in aircraft engines, industrial engines and other energy systems.

Woodward’s aerospace products include engine controls, fuel metering systems, actuation systems, air-management components and electric power systems used in commercial aircraft, business jets, military aircraft and other aerospace applications.