29,275 Shares in Woodward, Inc. $WWD Bought by Corient Private Wealth LP

Corient Private Wealth LP bought a new stake in Woodward, Inc. (NASDAQ:WWD) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 29,275 shares of the technology company’s stock, valued at approximately $12,455,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Bard Associates Inc. acquired a new stake in shares of Woodward in the second quarter valued at about $28,000. Aster Capital Management DIFC Ltd acquired a new position in shares of Woodward during the 4th quarter worth approximately $35,000. Elevation Wealth Partners LLC increased its position in shares of Woodward by 550.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 91 shares of the technology company’s stock worth $39,000 after purchasing an additional 77 shares during the last quarter. Parallel Advisors LLC raised 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 worth $41,000 after purchasing an additional 52 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of Woodward during the 4th quarter worth approximately $61,000. 81.18% of the stock is currently owned by institutional investors and hedge funds.

Woodward Stock Down 1.3%

WWD stock opened at $341.81 on Friday. Woodward, Inc. has a 52 week low of $233.31 and a 52 week high of $450.92. The business has a 50-day simple moving average of $387.62 and a 200 day simple moving average of $379.75. The company has a quick ratio of 1.14, a current ratio of 1.65 and a debt-to-equity ratio of 0.25. The company has a market cap of $20.18 billion, a PE ratio of 38.02, a price-to-earnings-growth ratio of 2.01 and a beta of 0.88.

Woodward (NASDAQ:WWD) last released its earnings results on Wednesday, July 29th. The technology company reported $2.52 EPS for the quarter, beating the consensus estimate of $2.44 by $0.08. Woodward had a net margin of 13.17% and a return on equity of 21.89%. The firm had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.11 billion. During the same period last year, the firm earned $1.76 EPS. The business’s quarterly revenue was up 21.2% compared to the same quarter last year. Woodward has set its FY 2026 guidance at 9.300-9.500 EPS. Sell-side analysts anticipate that Woodward, Inc. will post 9.46 EPS for the current fiscal year.

Woodward Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be paid a $0.32 dividend. The ex-dividend date is Thursday, August 20th. This represents a $1.28 annualized dividend and a dividend yield of 0.4%. Woodward’s dividend payout ratio (DPR) is presently 14.24%.

Wall Street Analysts Forecast Growth

WWD has been the topic of several analyst reports. Wall Street Zen lowered shares of Woodward from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Zacks Research lowered Woodward from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 5th. Truist Financial increased their price target on Woodward from $415.00 to $420.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. TD Cowen upped their price objective on shares of Woodward from $390.00 to $420.00 and gave the company a “hold” rating in a report on Monday, July 13th. Finally, Royal Bank Of Canada lowered their price target on shares of Woodward from $450.00 to $430.00 and set an “outperform” rating on the stock in a report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $419.00.

Insider Buying and Selling at Woodward

In related news, EVP Shawn M. Mclevige sold 2,150 shares of Woodward stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $356.82, for a total transaction of $767,163.00. Following the sale, the executive vice president directly owned 3,098 shares of the company’s stock, valued at approximately $1,105,428.36. The trade was a 40.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Daniel G. Korte sold 14,700 shares of the stock in a transaction that occurred 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 position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.71% of the company’s stock.

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.