Capstone Investment Advisors LLC Acquires New Holdings in Woodward, Inc. $WWD

Capstone Investment Advisors LLC bought a new stake in Woodward, Inc. (NASDAQ:WWD) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,607 shares of the technology company’s stock, valued at approximately $1,109,000.

Several other large investors also recently added to or reduced their stakes in the business. Proficio Capital Partners LLC bought a new position in shares of Woodward during the 2nd quarter valued at $263,000. Corient Private Wealth LP bought a new stake in Woodward in the second quarter worth $12,455,000. Bank of America Corp DE bought a new stake in Woodward in the second quarter worth $303,698,000. Caisse de depot et placement du Quebec acquired a new position in Woodward during the second quarter worth $45,565,000. Finally, Man Group plc acquired a new position in Woodward during the second quarter worth $97,736,000. 81.18% of the stock is owned by institutional investors.

Woodward Trading Up 0.1%

Shares of NASDAQ:WWD opened at $346.34 on Friday. The company has a market cap of $20.45 billion, a P/E ratio of 38.53, a P/E/G ratio of 2.03 and a beta of 0.88. The stock’s 50-day moving average is $389.38 and its 200-day moving average is $380.01. Woodward, Inc. has a 52-week low of $233.31 and a 52-week high of $450.92. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.14 and a current ratio of 1.65.

Woodward (NASDAQ:WWD) last posted its quarterly earnings data on Wednesday, July 29th. The technology company reported $2.52 earnings per share for the quarter, topping the consensus estimate of $2.44 by $0.08. The business had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.11 billion. Woodward had a return on equity of 21.89% and a net margin of 13.17%.The firm’s revenue was up 21.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.76 EPS. Woodward has set its FY 2026 guidance at 9.300-9.500 EPS. Equities research analysts predict that Woodward, Inc. will post 9.46 earnings per share for the current year.

Woodward Dividend Announcement

The business also recently disclosed 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. The ex-dividend date is Thursday, August 20th. This represents a $1.28 annualized dividend and a dividend yield of 0.4%. Woodward’s dividend payout ratio (DPR) is presently 14.24%.

Insiders Place Their Bets

In related news, Director Daniel G. Korte sold 14,700 shares of the business’s stock in a transaction 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 transaction, the director owned 4,434 shares of the company’s stock, valued at approximately $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 SEC, which is available through this hyperlink. Also, EVP Shawn M. Mclevige sold 2,150 shares of the company’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $356.82, for a total transaction of $767,163.00. Following the transaction, the executive vice president owned 3,098 shares of the company’s stock, valued at approximately $1,105,428.36. The trade was a 40.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.71% of the company’s stock.

Analyst Upgrades and Downgrades

WWD has been the subject of several recent analyst reports. UBS Group upped their price target on Woodward from $427.00 to $429.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. TD Cowen boosted their target price on Woodward from $390.00 to $420.00 and gave the stock a “hold” rating in a report on Monday, July 13th. Royal Bank Of Canada reduced their target price on Woodward from $450.00 to $430.00 and set an “outperform” rating for the company in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $470.00 target price on shares of Woodward in a research report on Friday, May 1st. Finally, Wall Street Zen lowered shares of Woodward from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $419.00.

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.