UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Grows Stock Position in Woodward, Inc. $WWD

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Woodward, Inc. (NASDAQ:WWD) by 0.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 329,383 shares of the technology company’s stock after acquiring an additional 1,924 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Woodward were worth $140,133,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of WWD. Accel Wealth Management increased its stake 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 purchasing an additional 30 shares during the period. NewEdge Advisors LLC boosted its stake in shares of Woodward by 1.5% during the first quarter. NewEdge Advisors LLC now owns 2,059 shares of the technology company’s stock valued at $737,000 after purchasing an additional 31 shares during the period. Bessemer Group Inc. grew its holdings in shares of Woodward by 3.1% in the first quarter. Bessemer Group Inc. now owns 1,116 shares of the technology company’s stock worth $399,000 after purchasing an additional 34 shares during the last quarter. Meeder Advisory Services Inc. grew its holdings in shares of Woodward by 5.4% in the first quarter. Meeder Advisory Services Inc. now owns 758 shares of the technology company’s stock worth $271,000 after purchasing an additional 39 shares during the last quarter. Finally, Quadrant Capital Group LLC increased its stake in shares of Woodward by 1.5% in the third quarter. Quadrant Capital Group LLC now owns 3,327 shares of the technology company’s stock worth $841,000 after buying an additional 48 shares during the period. 81.18% of the stock is currently owned by hedge funds and other institutional investors.

Woodward Trading Down 1.0%

NASDAQ:WWD opened at $336.58 on Wednesday. The company has a 50-day moving average price of $384.04 and a 200-day moving average price of $378.92. The stock has a market cap of $19.88 billion, a price-to-earnings ratio of 37.44, a P/E/G ratio of 1.99 and a beta of 0.87. 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.

Woodward (NASDAQ:WWD) last released 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 net margin of 13.17% and a return on equity of 21.89%. The company had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the prior year, the firm earned $1.76 earnings per share. Woodward’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. Equities analysts predict that Woodward, Inc. will post 9.46 EPS for the current year.

Woodward Dividend Announcement

The company also recently announced 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 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Thursday, August 20th. Woodward’s dividend payout ratio (DPR) is presently 14.24%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Royal Bank Of Canada cut their price target on shares of Woodward from $450.00 to $430.00 and set an “outperform” rating on the stock in a report on Thursday, July 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Woodward in a report on Friday, July 17th. TD Cowen raised their target price on Woodward from $390.00 to $420.00 and gave the stock a “hold” rating in a research note on Monday, July 13th. Wall Street Zen downgraded Woodward from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Finally, Susquehanna assumed coverage on Woodward in a research report on Tuesday, May 26th. They set a “positive” rating and a $423.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $419.00.

Insider Buying and Selling

In related news, EVP Shawn M. Mclevige sold 2,150 shares of Woodward stock in a transaction that occurred on Friday, July 31st. The stock was 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 $1,105,428.36. The trade was a 40.97% decrease in their ownership of the stock. 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 company’s stock in a transaction 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 completion of the sale, the director directly owned 4,434 shares in the company, valued at approximately $1,578,725.70. The trade was a 76.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.71% of the company’s stock.

About Woodward

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.