Y Intercept Hong Kong Ltd Invests $6.32 Million in Woodward, Inc. $WWD

Y Intercept Hong Kong Ltd purchased a new position in shares of Woodward, Inc. (NASDAQ:WWD) in the 1st quarter, HoldingsChannel.com reports. The fund purchased 17,664 shares of the technology company’s stock, valued at approximately $6,322,000.

Other institutional investors have also added to or reduced their stakes in the company. Ameriflex Group Inc. acquired a new position in Woodward in the 3rd quarter valued at $26,000. Aster Capital Management DIFC Ltd acquired a new stake in shares of Woodward during the fourth quarter worth $35,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Woodward during the fourth quarter worth $44,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Woodward in the fourth quarter valued at about $61,000. Finally, Global Retirement Partners LLC grew its stake in shares of Woodward by 131.1% in the fourth quarter. Global Retirement Partners LLC now owns 282 shares of the technology company’s stock valued at $85,000 after acquiring an additional 160 shares in the last quarter. 81.18% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. 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 research report on Tuesday, May 5th. Wells Fargo & Company began coverage on shares of Woodward in a report on Wednesday, April 1st. They issued an “overweight” rating and a $440.00 price objective for the company. Zacks Research upgraded shares of Woodward from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 29th. UBS Group raised their target price on shares of Woodward from $427.00 to $429.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Royal Bank Of Canada initiated coverage on shares of Woodward in a research report on Thursday, April 16th. They issued an “outperform” rating and a $450.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Woodward currently has a consensus rating of “Moderate Buy” and a consensus target price of $393.00.

Insider Activity at Woodward

In related news, Director Daniel G. Korte sold 14,700 shares of the 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 owned 4,434 shares in the company, valued at approximately $1,578,725.70. This trade represents a 76.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Karrie M. Bem sold 280 shares of Woodward 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 directly owned 4,297 shares in the company, valued at $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. Insiders sold a total of 15,629 shares of company stock valued at $5,570,005 over the last 90 days. Corporate insiders own 0.71% of the company’s stock.

Woodward Stock Performance

WWD opened at $418.02 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.19 and a current ratio of 1.73. Woodward, Inc. has a 52-week low of $233.31 and a 52-week high of $450.92. The firm has a market cap of $24.91 billion, a P/E ratio of 50.06, a price-to-earnings-growth ratio of 2.49 and a beta of 0.86. The business’s fifty day moving average is $380.97 and its 200-day moving average is $364.66.

Woodward (NASDAQ:WWD) last posted its quarterly earnings results on Wednesday, April 29th. The technology company reported $2.27 EPS for the quarter, beating analysts’ consensus estimates of $2.10 by $0.17. The business 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 for the quarter was up 23.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.69 earnings per share. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. Sell-side analysts expect that Woodward, Inc. will post 9.34 EPS for the current fiscal year.

Woodward Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Thursday, August 20th. Woodward’s dividend payout ratio (DPR) 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.