State of Wyoming Purchases Shares of 2,130 Woodward, Inc. $WWD

State of Wyoming acquired a new stake in Woodward, Inc. (NASDAQ:WWD) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,130 shares of the technology company’s stock, valued at approximately $906,000.

Other institutional investors have also recently modified their holdings of the company. GSA Capital Partners LLP acquired a new stake in shares of Woodward during the second quarter worth about $2,153,000. Oppenheimer Asset Management Inc. purchased a new stake in Woodward in the second quarter valued at approximately $393,000. Accel Wealth Management increased its holdings in Woodward by 3.2% in the 2nd quarter. Accel Wealth Management now owns 963 shares of the technology company’s stock worth $410,000 after buying an additional 30 shares during the period. Fruth Investment Management purchased a new position in Woodward during the 2nd quarter worth approximately $212,000. Finally, Hennion & Walsh Asset Management Inc. raised its position in Woodward by 3.6% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 13,866 shares of the technology company’s stock worth $5,899,000 after buying an additional 484 shares during the last quarter. 81.18% of the stock is currently 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 firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $355.00, for a total value of $65,675.00. Following the transaction, the executive vice president directly owned 3,648 shares of the company’s stock, valued at $1,295,040. This trade represents a 4.83% decrease in their position. The transaction 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 business’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $356.05, for a total value of $5,233,935.00. Following the transaction, the director owned 4,434 shares in the company, valued at approximately $1,578,725.70. This represents a 76.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 17,220 shares of company stock worth $6,131,982. 0.71% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have recently commented on WWD. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $470.00 price objective on shares of Woodward in a report on Friday, May 1st. Truist Financial raised their target price on shares of Woodward from $415.00 to $420.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Royal Bank Of Canada decreased their target price on shares of Woodward from $450.00 to $430.00 and set an “outperform” rating for the company in a research report on Thursday, July 30th. Susquehanna began coverage on shares of Woodward in a report on Tuesday, May 26th. They issued a “positive” rating and a $423.00 price target on the stock. Finally, Wall Street Zen lowered Woodward from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. One investment 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’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $406.45.

Woodward Trading Up 3.4%

Shares of NASDAQ:WWD opened at $370.56 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.65 and a quick ratio of 1.14. The firm has a market capitalization of $21.88 billion, a price-to-earnings ratio of 41.22, a price-to-earnings-growth ratio of 2.17 and a beta of 0.88. Woodward, Inc. has a 1 year low of $233.31 and a 1 year high of $450.92. The business’s 50 day moving average price is $397.88 and its 200-day moving average price is $379.55.

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, 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 firm had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.11 billion. During the same period in the previous year, the company posted $1.76 earnings per share. The business’s revenue was up 21.2% on a year-over-year basis. Woodward has set its FY 2026 guidance at 9.300-9.500 EPS. On average, equities 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 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. This represents a $1.28 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Thursday, August 20th. Woodward’s dividend payout ratio (DPR) is currently 14.24%.

Woodward Company 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.