Karrie Bem Sells 185 Shares of Woodward (NASDAQ:WWD) Stock

Woodward, Inc. (NASDAQ:WWD) EVP Karrie Bem sold 185 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $355.00, for a total value of $65,675.00. Following the sale, the executive vice president owned 3,648 shares of the company’s stock, valued at $1,295,040. The trade was a 4.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Woodward Stock Down 2.2%

Shares of Woodward stock traded down $7.77 during trading on Friday, hitting $347.99. 117,085 shares of the stock traded hands, compared to its average volume of 682,631. The stock has a market cap of $20.73 billion, a P/E ratio of 41.63, a PEG ratio of 2.13 and a beta of 0.92. 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 twelve month low of $204.10 and a twelve month high of $407.00. The company has a fifty day moving average price of $370.04 and a two-hundred day moving average price of $340.64.

Woodward (NASDAQ:WWD) last announced its quarterly earnings results on Wednesday, April 29th. The technology company reported $2.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.10 by $0.17. The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.01 billion. Woodward had a return on equity of 20.12% and a net margin of 12.85%.The firm’s revenue was up 23.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.69 EPS. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. Equities research analysts predict that Woodward, Inc. will post 9.34 EPS for the current fiscal year.

Woodward Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st will be issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Thursday, May 21st. Woodward’s payout ratio is currently 15.33%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on WWD. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $470.00 price target on shares of Woodward in a report on Friday, May 1st. Wells Fargo & Company began coverage on Woodward in a report on Wednesday, April 1st. They set an “overweight” rating and a $440.00 price target for the company. The Goldman Sachs Group lifted their price target on Woodward from $362.00 to $408.00 and gave the company a “buy” rating in a report on Tuesday, February 3rd. TD Cowen raised their price objective on Woodward from $350.00 to $390.00 and gave the company a “hold” rating in a research note on Tuesday, February 3rd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Woodward in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $390.27.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Ameriflex Group Inc. bought a new position in Woodward in the 3rd quarter worth approximately $26,000. Root Financial Partners LLC bought a new position in Woodward in the 3rd quarter worth approximately $27,000. Parallel Advisors LLC increased its position in Woodward by 82.5% in the 1st quarter. Parallel Advisors LLC now owns 115 shares of the technology company’s stock worth $41,000 after buying an additional 52 shares during the period. Aster Capital Management DIFC Ltd bought a new position in Woodward in the 4th quarter worth approximately $35,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in Woodward in the 4th quarter worth approximately $44,000. 81.18% of the stock is owned by institutional investors.

About Woodward

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.