Headlands Technologies LLC Acquires 3,563 Shares of Woodward, Inc. $WWD

Headlands Technologies LLC boosted its holdings in shares of Woodward, Inc. (NASDAQ:WWD) by 381.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,496 shares of the technology company’s stock after buying an additional 3,563 shares during the quarter. Headlands Technologies LLC’s holdings in Woodward were worth $1,913,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Moore Capital Management LP lifted its holdings in Woodward by 596.5% during the second quarter. Moore Capital Management LP now owns 65,438 shares of the technology company’s stock worth $27,840,000 after buying an additional 56,043 shares during the period. Two Sigma Securities LLC increased its holdings in shares of Woodward by 139.8% in the 2nd quarter. Two Sigma Securities LLC now owns 3,271 shares of the technology company’s stock valued at $1,392,000 after acquiring an additional 1,907 shares during the period. Alyeska Investment Group L.P. raised its position in shares of Woodward by 24.7% in the 2nd quarter. Alyeska Investment Group L.P. now owns 117,958 shares of the technology company’s stock worth $50,184,000 after acquiring an additional 23,349 shares in the last quarter. Cookson Peirce & Co. Inc. raised its position in shares of Woodward by 17.9% in the 2nd quarter. Cookson Peirce & Co. Inc. now owns 92,751 shares of the technology company’s stock worth $39,460,000 after acquiring an additional 14,056 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Woodward by 0.6% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 329,383 shares of the technology company’s stock worth $140,133,000 after purchasing an additional 1,924 shares during the last quarter. Institutional investors own 81.18% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. TD Cowen raised their price objective on Woodward from $390.00 to $420.00 and gave the company a “hold” rating in a research report on Monday, July 13th. Susquehanna initiated coverage on shares of Woodward in a report on Tuesday, May 26th. They issued a “positive” rating and a $423.00 target price for the company. Truist Financial increased their price target on shares of Woodward from $415.00 to $420.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Zacks Research lowered shares of Woodward from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 5th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Woodward in a research report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Woodward has an average rating of “Moderate Buy” and an average target price of $419.00.

Insiders Place Their Bets

In other Woodward news, EVP Shawn M. Mclevige sold 2,150 shares of Woodward stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $356.82, for a total transaction of $767,163.00. Following the completion of the sale, the executive vice president 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 legal filing with the SEC, which can be accessed through this link. Also, Director Daniel G. Korte sold 14,700 shares of the business’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 position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.71% of the company’s stock.

Woodward Stock Down 0.6%

WWD stock opened at $339.82 on Tuesday. The stock has a market capitalization of $20.07 billion, a PE ratio of 37.80, a price-to-earnings-growth ratio of 2.01 and a beta of 0.88. Woodward, Inc. has a 52 week low of $233.31 and a 52 week high of $450.92. 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 firm has a 50 day moving average of $385.88 and a 200 day moving average of $379.29.

Woodward (NASDAQ:WWD) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $2.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.44 by $0.08. Woodward had a net margin of 13.17% and a return on equity of 21.89%. The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.11 billion. During the same quarter in the prior year, the business posted $1.76 EPS. Woodward’s revenue for the quarter 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 forecast that Woodward, Inc. will post 9.46 earnings per share for the current year.

Woodward Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be given a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Woodward’s dividend payout ratio is presently 14.24%.

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.