Insigneo Advisory Services LLC Purchases Shares of 855 Woodward, Inc. $WWD

Insigneo Advisory Services LLC acquired a new stake in Woodward, Inc. (NASDAQ:WWD) during the second quarter, Holdings Channel reports. The institutional investor acquired 855 shares of the technology company’s stock, valued at approximately $210,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Prudential Financial Inc. boosted its position in Woodward by 16.5% in the second quarter. Prudential Financial Inc. now owns 7,256 shares of the technology company’s stock valued at $1,778,000 after buying an additional 1,027 shares during the last quarter. Coldstream Capital Management Inc. lifted its stake in Woodward by 10.5% during the 2nd quarter. Coldstream Capital Management Inc. now owns 1,286 shares of the technology company’s stock valued at $315,000 after acquiring an additional 122 shares during the period. American Century Companies Inc. boosted its holdings in shares of Woodward by 45.7% in the 2nd quarter. American Century Companies Inc. now owns 39,358 shares of the technology company’s stock valued at $9,646,000 after acquiring an additional 12,353 shares during the last quarter. Journey Strategic Wealth LLC purchased a new stake in shares of Woodward in the 2nd quarter valued at $206,000. Finally, Legal & General Group Plc increased its stake in shares of Woodward by 5.4% in the second quarter. Legal & General Group Plc now owns 117,938 shares of the technology company’s stock worth $28,905,000 after acquiring an additional 6,015 shares during the period. Institutional investors and hedge funds own 81.18% of the company’s stock.

Insider Buying and Selling

In other Woodward news, Director John D. Cohn sold 1,750 shares of the company’s stock in a transaction on Monday, September 8th. The shares were sold at an average price of $244.32, for a total transaction of $427,560.00. Following the completion of the transaction, the director directly owned 20,963 shares in the company, valued at approximately $5,121,680.16. This represents a 7.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.82% of the company’s stock.

Woodward Price Performance

NASDAQ:WWD opened at $298.15 on Thursday. The company has a quick ratio of 1.39, a current ratio of 2.04 and a debt-to-equity ratio of 0.20. Woodward, Inc. has a 52 week low of $146.82 and a 52 week high of $303.07. The stock’s 50-day moving average price is $257.63 and its 200-day moving average price is $246.33. The stock has a market capitalization of $17.88 billion, a PE ratio of 47.18, a price-to-earnings-growth ratio of 2.61 and a beta of 1.26.

Woodward (NASDAQ:WWD) last issued its quarterly earnings results on Monday, November 24th. The technology company reported $2.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.26. Woodward had a return on equity of 16.57% and a net margin of 11.32%.The company had revenue of $995.26 million for the quarter, compared to the consensus estimate of $943.15 million. During the same quarter in the prior year, the business posted $1.41 earnings per share. Woodward’s revenue for the quarter was up 16.5% on a year-over-year basis. Woodward has set its FY 2026 guidance at 7.500-8.000 EPS. As a group, equities analysts expect that Woodward, Inc. will post 6.15 EPS for the current fiscal year.

Woodward announced that its board has approved a share repurchase program on Thursday, November 20th that authorizes the company to buyback $1.80 billion in shares. This buyback authorization authorizes the technology company to reacquire up to 11.6% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its shares are undervalued.

Woodward Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 20th will be paid a $0.28 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.12 dividend on an annualized basis and a yield of 0.4%. Woodward’s dividend payout ratio (DPR) is currently 17.72%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. UBS Group boosted their target price on shares of Woodward from $303.00 to $329.00 and gave the company a “buy” rating in a research report on Tuesday. Truist Financial lifted their price objective on Woodward from $294.00 to $305.00 and gave the company a “buy” rating in a research note on Tuesday. Wolfe Research set a $300.00 target price on Woodward and gave the stock an “outperform” rating in a research note on Friday, October 3rd. Barclays raised their target price on Woodward from $200.00 to $260.00 and gave the stock an “equal weight” rating in a report on Monday, August 4th. Finally, Wall Street Zen downgraded Woodward from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 13th. Eight investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $273.22.

About Woodward

Woodward, Inc designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company operates in two segments, Aerospace and Industrial. The Aerospace segment provides fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles, and flight deck controls, actuators, servocontrols, motors, and sensors for aircraft.