GSA Capital Partners LLP Invests $2.15 Million in Woodward, Inc. $WWD

GSA Capital Partners LLP purchased a new position in Woodward, Inc. (NASDAQ:WWDFree Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 5,061 shares of the technology company’s stock, valued at approximately $2,153,000.

Other large investors also recently bought and sold shares of the company. Oppenheimer Asset Management Inc. purchased a new stake in Woodward in the second quarter worth about $393,000. Accel Wealth Management increased its stake in shares of Woodward by 3.2% during the second quarter. Accel Wealth Management now owns 963 shares of the technology company’s stock valued at $410,000 after purchasing an additional 30 shares in the last quarter. Fruth Investment Management bought a new position in shares of Woodward during the second quarter valued at approximately $212,000. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of Woodward by 3.6% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 13,866 shares of the technology company’s stock valued at $5,899,000 after purchasing an additional 484 shares during the last quarter. Finally, Elevation Wealth Partners LLC boosted its position in shares of Woodward by 550.0% in 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 in the last quarter. 81.18% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Woodward news, EVP Karrie M. Bem sold 185 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $355.00, for a total transaction of $65,675.00. Following the transaction, the executive vice president owned 3,648 shares in the company, valued at approximately $1,295,040. This represents a 4.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Shawn M. Mclevige sold 2,150 shares of the firm’s stock in a transaction dated 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 in the company, valued at approximately $1,105,428.36. The trade was a 40.97% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 17,220 shares of company stock worth $6,131,982. 0.71% of the stock is owned by corporate insiders.

Woodward Stock Performance

WWD stock opened at $370.56 on Friday. The stock’s 50 day simple moving average is $397.88 and its 200 day simple moving average is $379.55. The company has a current ratio of 1.65, a quick ratio of 1.14 and a debt-to-equity ratio of 0.25. Woodward, Inc. has a 12-month low of $233.31 and a 12-month high of $450.92. The stock has a market capitalization of $21.88 billion, a PE ratio of 41.22, a price-to-earnings-growth ratio of 2.17 and a beta of 0.88.

Woodward (NASDAQ:WWDGet Free Report) last posted its earnings results on Wednesday, July 29th. The technology company reported $2.52 EPS for the quarter, topping analysts’ consensus estimates of $2.44 by $0.08. Woodward had a return on equity of 21.89% and a net margin of 13.17%.The business had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same quarter last year, the company earned $1.76 EPS. The company’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. As a group, research analysts forecast that Woodward, Inc. will post 9.46 earnings per share for the current fiscal year.

Woodward Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $1.28 annualized dividend and a dividend yield of 0.3%. Woodward’s dividend payout ratio (DPR) is 14.24%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on WWD shares. Truist Financial raised their price objective on Woodward from $415.00 to $420.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Royal Bank Of Canada dropped their target price on Woodward from $450.00 to $430.00 and set an “outperform” rating on the stock in a report on Thursday, July 30th. Wall Street Zen cut Woodward from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Susquehanna started coverage on Woodward in a report on Tuesday, May 26th. They set a “positive” rating and a $423.00 price target for the company. Finally, UBS Group lifted their price target on Woodward from $427.00 to $429.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $406.45.

Check Out Our Latest Research Report on Woodward

Woodward Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Woodward (NASDAQ:WWD)

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