Janney Montgomery Scott LLC Purchases 1,209 Shares of Woodward, Inc. $WWD

Janney Montgomery Scott LLC boosted its position in Woodward, Inc. (NASDAQ:WWD) by 4.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 28,983 shares of the technology company’s stock after purchasing an additional 1,209 shares during the period. Janney Montgomery Scott LLC’s holdings in Woodward were worth $10,374,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

WWD has been the topic of several recent research reports. Royal Bank Of Canada started coverage on shares of Woodward in a research report on Thursday, April 16th. They issued an “outperform” rating and a $450.00 price target on the stock. UBS Group boosted their price objective on shares of Woodward from $427.00 to $429.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Weiss Ratings restated a “buy (b)” rating on shares of Woodward in a research note on Monday, April 20th. Susquehanna assumed coverage on Woodward in a report on Tuesday, May 26th. They issued a “positive” rating and a $423.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $470.00 target price on shares of Woodward in a research report on Friday, May 1st. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $393.00.

Insider Buying and Selling at Woodward

In other 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 value of $5,233,935.00. Following the transaction, the director directly 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Karrie M. Bem sold 280 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $372.66, for a total value of $104,344.80. Following the completion of the transaction, the executive vice president owned 4,297 shares in the company, valued at $1,601,320.02. The trade was a 6.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 15,629 shares of company stock valued at $5,570,005 in the last ninety days. 0.71% of the stock is currently owned by insiders.

Woodward Trading Down 0.7%

Woodward stock opened at $418.02 on Friday. Woodward, Inc. has a 12-month low of $233.31 and a 12-month high of $450.92. The firm has a market capitalization of $24.91 billion, a price-to-earnings ratio of 50.06, a P/E/G ratio of 2.51 and a beta of 0.86. The firm has a 50 day moving average of $379.94 and a 200 day moving average of $364.28. The company has a current ratio of 1.73, a quick ratio of 1.19 and a debt-to-equity ratio of 0.18.

Woodward (NASDAQ:WWD) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $2.27 earnings per share for the quarter, beating the consensus estimate of $2.10 by $0.17. The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.01 billion. Woodward had a net margin of 12.85% and a return on equity of 20.12%. The company’s revenue for the quarter was up 23.4% on a year-over-year basis. 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. As a group, research analysts predict that Woodward, Inc. will post 9.34 earnings per share for the current year.

Woodward Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be paid a dividend of $0.32 per share. The ex-dividend date is Thursday, August 20th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.3%. Woodward’s payout ratio is 15.33%.

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.