Woodward, Inc. $WWD Stock Holdings Decreased by Terril Brothers Inc.

Terril Brothers Inc. reduced its position in Woodward, Inc. (NASDAQ:WWD) by 5.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 49,250 shares of the technology company’s stock after selling 2,850 shares during the quarter. Woodward makes up about 3.9% of Terril Brothers Inc.’s holdings, making the stock its 13th largest holding. Terril Brothers Inc.’s holdings in Woodward were worth $14,889,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in WWD. Artisan Partners Limited Partnership purchased a new position in shares of Woodward in the third quarter worth approximately $184,721,000. Invesco Ltd. boosted its holdings in shares of Woodward by 122.0% during the third quarter. Invesco Ltd. now owns 905,578 shares of the technology company’s stock worth $228,849,000 after purchasing an additional 497,722 shares during the period. Two Sigma Investments LP boosted its holdings in shares of Woodward by 1,086.9% during the third quarter. Two Sigma Investments LP now owns 330,514 shares of the technology company’s stock worth $83,524,000 after purchasing an additional 302,666 shares during the period. Findlay Park Partners LLP acquired a new stake in shares of Woodward during the third quarter worth approximately $73,406,000. Finally, Kinetic Partners Management LP acquired a new stake in shares of Woodward during the third quarter worth approximately $56,556,000. 81.18% of the stock is owned by hedge funds and other institutional investors.

Woodward Price Performance

NASDAQ WWD opened at $361.25 on Wednesday. The company has a quick ratio of 1.19, a current ratio of 1.73 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $21.52 billion, a PE ratio of 43.26, a price-to-earnings-growth ratio of 2.10 and a beta of 0.92. The company has a 50 day moving average price of $369.23 and a two-hundred day moving average price of $342.62. Woodward, Inc. has a 12-month low of $212.10 and a 12-month high of $407.00.

Woodward (NASDAQ:WWD) last posted its earnings results on Wednesday, April 29th. The technology company reported $2.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.10 by $0.17. The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.01 billion. Woodward had a net margin of 12.85% and a return on equity of 20.12%. The company’s revenue was up 23.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.69 earnings per share. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. As a group, equities analysts predict that Woodward, Inc. will post 9.34 earnings per share for the current fiscal year.

Woodward Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st will be paid a $0.32 dividend. The ex-dividend date is Thursday, May 21st. This represents a $1.28 dividend on an annualized basis and a yield of 0.4%. Woodward’s payout ratio is 15.33%.

Insider Buying and Selling at Woodward

In other Woodward news, EVP Shawn M. Mclevige sold 1,850 shares of Woodward stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $384.37, for a total value of $711,084.50. Following the completion of the sale, the executive vice president directly owned 3,095 shares in the company, valued at $1,189,625.15. The trade was a 37.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Charles P. Blankenship sold 2,625 shares of the business’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $384.80, for a total transaction of $1,010,100.00. Following the completion of the sale, the chief executive officer owned 65,854 shares of the company’s stock, valued at $25,340,619.20. The trade was a 3.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 20,404 shares of company stock worth $7,741,205 over the last ninety days. 0.71% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

WWD has been the subject of several research reports. Truist Financial raised their price target on shares of Woodward from $404.00 to $415.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. The Goldman Sachs Group raised their price target on shares of Woodward from $362.00 to $408.00 and gave the stock a “buy” rating in a report on Tuesday, February 3rd. Susquehanna initiated coverage on shares of Woodward in a report on Tuesday. They set a “positive” rating and a $423.00 price target for the company. Royal Bank Of Canada assumed coverage on shares of Woodward in a report on Thursday, April 16th. They set an “outperform” rating and a $450.00 price target for the company. Finally, Wells Fargo & Company assumed coverage on shares of Woodward in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $440.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Woodward currently has a consensus rating of “Moderate Buy” and an average 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.