PFG Investments LLC Makes New $700,000 Investment in Woodward, Inc. $WWD

PFG Investments LLC bought a new stake in Woodward, Inc. (NASDAQ:WWD) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,955 shares of the technology company’s stock, valued at approximately $700,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Y Intercept Hong Kong Ltd bought a new position in shares of Woodward during the first quarter worth approximately $6,322,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in Woodward during the first quarter worth approximately $469,000. Strs Ohio grew its position in Woodward by 565.1% during the first quarter. Strs Ohio now owns 42,132 shares of the technology company’s stock worth $15,080,000 after buying an additional 35,797 shares in the last quarter. Root Financial Partners LLC increased its stake in Woodward by 122.6% during the 1st quarter. Root Financial Partners LLC now owns 296 shares of the technology company’s stock worth $106,000 after acquiring an additional 163 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in Woodward by 4.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 28,983 shares of the technology company’s stock worth $10,374,000 after acquiring an additional 1,209 shares during the period. 81.18% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Daniel G. Korte sold 14,700 shares of Woodward 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 sale, the director directly owned 4,434 shares in the company, valued at $1,578,725.70. This trade represents a 76.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Karrie M. Bem sold 280 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $372.66, for a total transaction of $104,344.80. Following the completion of the transaction, the executive vice president owned 4,297 shares of the company’s stock, valued at approximately $1,601,320.02. This trade represents a 6.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 15,629 shares of company stock valued at $5,570,005. 0.71% of the stock is owned by company insiders.

Woodward Price Performance

Shares of NASDAQ:WWD traded down $23.32 during trading on Tuesday, hitting $400.16. 54,884 shares of the company were exchanged, compared to its average volume of 729,963. The business’s 50 day moving average is $382.09 and its 200-day moving average is $366.03. The company has a market capitalization of $23.84 billion, a P/E ratio of 48.12, a price-to-earnings-growth ratio of 2.49 and a beta of 0.86. The company has a quick ratio of 1.19, a current ratio of 1.73 and a debt-to-equity ratio of 0.18. Woodward, Inc. has a 1-year low of $233.31 and a 1-year high of $450.92.

Woodward (NASDAQ:WWD) last released its quarterly earnings data on Wednesday, April 29th. The technology company reported $2.27 earnings per share for the quarter, beating the consensus estimate of $2.10 by $0.17. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.01 billion. Woodward had a return on equity of 20.12% and a net margin of 12.85%.Woodward’s revenue for the quarter was up 23.4% on a year-over-year basis. During the same quarter last year, the business posted $1.69 EPS. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. Equities analysts forecast that Woodward, Inc. will post 9.34 earnings per share for the current year.

Woodward Announces Dividend

The company also recently disclosed 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 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 is currently 15.33%.

Analyst Ratings Changes

A number of analysts have recently weighed in on WWD shares. Truist Financial upped their target price on Woodward from $404.00 to $415.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Weiss Ratings reiterated a “buy (b)” rating on shares of Woodward in a research note on Monday, April 20th. Wall Street Zen cut shares of Woodward from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $470.00 price target on shares of Woodward in a research report on Friday, May 1st. Finally, Wells Fargo & Company initiated coverage on shares of Woodward in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $440.00 price objective on the stock. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $393.00.

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.