Woodward (NASDAQ:WWD – Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 5.850-6.250 for the period, compared to the consensus estimate of 7.270. The company issued revenue guidance of $3.3 billion-$3.5 billion, compared to the consensus revenue estimate of $3.7 billion.
Analyst Upgrades and Downgrades
Several research analysts have issued reports on WWD shares. Wells Fargo & Company dropped their price target on Woodward from $197.00 to $193.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 8th. Truist Financial lifted their price target on shares of Woodward from $226.00 to $229.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th. Barclays raised their price objective on shares of Woodward from $175.00 to $200.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 3rd. StockNews.com upgraded Woodward from a “hold” rating to a “buy” rating in a research note on Monday, December 2nd. Finally, UBS Group increased their price objective on shares of Woodward from $209.00 to $228.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Woodward has an average rating of “Moderate Buy” and an average target price of $195.38.
Woodward Stock Up 1.4 %
Woodward (NASDAQ:WWD – Get Free Report) last announced its quarterly earnings results on Monday, February 3rd. The technology company reported $1.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.14 by $0.21. Woodward had a net margin of 11.22% and a return on equity of 17.13%. During the same period in the prior year, the business earned $1.45 EPS. As a group, equities research analysts predict that Woodward will post 6 earnings per share for the current year.
Woodward Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 20th will be paid a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 0.60%. This is a positive change from Woodward’s previous quarterly dividend of $0.25. Woodward’s dividend payout ratio is currently 16.64%.
Insider Transactions at Woodward
In related news, Director John D. Cohn sold 2,400 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $179.57, for a total value of $430,968.00. Following the sale, the director now directly owns 20,963 shares of the company’s stock, valued at $3,764,325.91. This trade represents a 10.27 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Thomas G. Cromwell sold 10,000 shares of Woodward stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $177.65, for a total transaction of $1,776,500.00. Following the sale, the chief operating officer now directly owns 11,511 shares in the company, valued at $2,044,929.15. The trade was a 46.49 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 60,313 shares of company stock worth $10,752,072. 0.82% of the stock is currently owned by insiders.
About Woodward
Woodward, Inc designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company operates in two segments, Aerospace and Industrial. The Aerospace segment provides fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles, and flight deck controls, actuators, servocontrols, motors, and sensors for aircraft.
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