Sei Investments Co. Has $323.70 Million Stock Position in Woodward, Inc. $WWD

Sei Investments Co. increased its stake in shares of Woodward, Inc. (NASDAQ:WWD) by 12.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 904,404 shares of the technology company’s stock after acquiring an additional 100,465 shares during the quarter. Sei Investments Co.’s holdings in Woodward were worth $323,705,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Bessemer Group Inc. boosted its holdings in Woodward by 3.1% in the 1st quarter. Bessemer Group Inc. now owns 1,116 shares of the technology company’s stock valued at $399,000 after purchasing an additional 34 shares during the period. Meeder Advisory Services Inc. increased its holdings in shares of Woodward by 5.4% during the 1st quarter. Meeder Advisory Services Inc. now owns 758 shares of the technology company’s stock worth $271,000 after purchasing an additional 39 shares during the period. IFP Advisors Inc increased its holdings in shares of Woodward by 4.2% during the 3rd quarter. IFP Advisors Inc now owns 1,036 shares of the technology company’s stock worth $267,000 after purchasing an additional 42 shares during the period. Quadrant Capital Group LLC raised its position in shares of Woodward by 1.5% during the third quarter. Quadrant Capital Group LLC now owns 3,327 shares of the technology company’s stock valued at $841,000 after buying an additional 48 shares during the last quarter. Finally, Quest Investment Management LLC raised its position in shares of Woodward by 1.2% during the third quarter. Quest Investment Management LLC now owns 4,313 shares of the technology company’s stock valued at $1,090,000 after buying an additional 50 shares during the last quarter. 81.18% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Woodward

In other news, Director Daniel G. Korte sold 14,700 shares of the company’s 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 represents a 76.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Karrie M. Bem sold 185 shares of the 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 transaction, the executive vice president directly owned 3,648 shares of the company’s stock, valued at approximately $1,295,040. The trade was a 4.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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.

Woodward Price Performance

NASDAQ:WWD opened at $404.59 on Thursday. The company has a 50-day moving average of $389.79 and a 200-day moving average of $373.97. The company has a market capitalization of $24.11 billion, a price-to-earnings ratio of 48.45, a PEG ratio of 2.43 and a beta of 0.86. Woodward, Inc. has a 52 week low of $233.31 and a 52 week high of $450.92. 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 posted its earnings results on Wednesday, April 29th. The technology company reported $2.27 earnings per share for the quarter, beating analysts’ consensus estimates of $2.10 by $0.17. The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.01 billion. Woodward had a net margin of 12.85% and a return on equity of 20.12%. The firm’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.69 earnings per share. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. As a group, equities research analysts anticipate that Woodward, Inc. will post 9.34 earnings per share for the current fiscal year.

Woodward Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Thursday, August 20th. Woodward’s payout ratio is presently 15.33%.

Wall Street Analysts Forecast Growth

WWD has been the subject of several research reports. UBS Group increased their target price on shares of Woodward from $427.00 to $429.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Zacks Research upgraded Woodward from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 29th. Wall Street Zen cut Woodward from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $470.00 price objective on shares of Woodward in a research report on Friday, May 1st. Finally, Susquehanna began coverage on Woodward in a report on Tuesday, May 26th. They set a “positive” rating and a $423.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Woodward presently has a consensus rating of “Moderate Buy” and a consensus price target of $395.50.

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.