Woodward, Inc. (NASDAQ:WWD) Receives $393.00 Consensus Target Price from Analysts

Shares of Woodward, Inc. (NASDAQ:WWD) have been assigned a consensus rating of “Moderate Buy” from the sixteen research firms that are presently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $393.00.

A number of brokerages have recently commented on WWD. Truist Financial boosted their price target on Woodward from $404.00 to $415.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. UBS Group boosted their price target on Woodward from $427.00 to $429.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Weiss Ratings reissued a “buy (b)” rating on shares of Woodward in a research report on Monday, April 20th. Susquehanna started 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. Finally, Wells Fargo & Company started coverage on Woodward in a research report on Wednesday, April 1st. They set an “overweight” rating and a $440.00 price target for the company.

Insider Transactions at Woodward

In other Woodward news, Director Daniel G. Korte sold 14,700 shares of the business’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $356.05, for a total transaction of $5,233,935.00. Following the transaction, the director owned 4,434 shares in the company, valued at $1,578,725.70. The trade was a 76.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Karrie M. Bem sold 280 shares of the business’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $372.66, for a total value of $104,344.80. Following the transaction, the executive vice president owned 4,297 shares in the company, valued at approximately $1,601,320.02. This represents a 6.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 15,629 shares of company stock worth $5,570,005. 0.71% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of WWD. Woodline Partners LP acquired a new position in shares of Woodward in the first quarter worth about $2,039,000. Focus Partners Wealth lifted its stake in shares of Woodward by 35.5% in the first quarter. Focus Partners Wealth now owns 2,390 shares of the technology company’s stock worth $436,000 after acquiring an additional 626 shares in the last quarter. Acadian Asset Management LLC lifted its stake in shares of Woodward by 684.3% in the first quarter. Acadian Asset Management LLC now owns 5,043 shares of the technology company’s stock worth $920,000 after acquiring an additional 4,400 shares in the last quarter. Russell Investments Group Ltd. raised its stake in Woodward by 7.0% during the second quarter. Russell Investments Group Ltd. now owns 4,030 shares of the technology company’s stock valued at $988,000 after buying an additional 265 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Woodward by 11.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 506 shares of the technology company’s stock worth $124,000 after buying an additional 54 shares during the last quarter. Institutional investors and hedge funds own 81.18% of the company’s stock.

Woodward Stock Performance

Woodward stock opened at $426.82 on Thursday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.19 and a current ratio of 1.73. The stock has a fifty day moving average of $374.18 and a two-hundred day moving average of $356.91. The company has a market capitalization of $25.43 billion, a price-to-earnings ratio of 51.12, a PEG ratio of 2.56 and a beta of 0.89. Woodward has a fifty-two week low of $233.31 and a fifty-two week high of $445.29.

Woodward (NASDAQ:WWD) last released its quarterly earnings results on Wednesday, April 29th. The technology company reported $2.27 earnings per share for the quarter, topping the consensus estimate of $2.10 by $0.17. The company had revenue of $1.09 billion during 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 was up 23.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.69 earnings per share. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. On average, analysts anticipate that Woodward will post 9.34 EPS for the current fiscal year.

Woodward Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st were paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Thursday, May 21st. Woodward’s payout ratio is currently 15.33%.

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.