3,029 Shares in Woodward, Inc. $WWD Acquired by First Growth Capital LLC

First Growth Capital LLC bought a new stake in Woodward, Inc. (NASDAQ:WWD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,029 shares of the technology company’s stock, valued at approximately $916,000. Woodward makes up 0.9% of First Growth Capital LLC’s holdings, making the stock its 28th largest position.

Several other institutional investors also recently modified their holdings of WWD. Woodline Partners LP bought a new position in shares of Woodward in the 1st quarter valued at $2,039,000. Focus Partners Wealth increased its holdings in Woodward by 35.5% in the 1st quarter. Focus Partners Wealth now owns 2,390 shares of the technology company’s stock worth $436,000 after purchasing an additional 626 shares in the last quarter. Acadian Asset Management LLC increased its holdings in Woodward by 684.3% in the 1st quarter. Acadian Asset Management LLC now owns 5,043 shares of the technology company’s stock worth $920,000 after purchasing an additional 4,400 shares in the last quarter. Russell Investments Group Ltd. raised its position in Woodward by 7.0% in the second quarter. Russell Investments Group Ltd. now owns 4,030 shares of the technology company’s stock valued at $988,000 after purchasing an additional 265 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Woodward by 11.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 506 shares of the technology company’s stock valued at $124,000 after purchasing an additional 54 shares in the last quarter. 81.18% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Daniel G. Korte sold 14,700 shares of the stock in a transaction dated 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 $1,578,725.70. This represents a 76.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Karrie M. Bem sold 280 shares of the firm’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 sale, the executive vice president owned 4,297 shares of the company’s stock, valued at approximately $1,601,320.02. This represents a 6.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 15,629 shares of company stock worth $5,570,005 in the last quarter. Company insiders own 0.71% of the company’s stock.

Woodward Price Performance

Woodward stock opened at $430.08 on Friday. The stock has a market capitalization of $25.62 billion, a price-to-earnings ratio of 51.51, a PEG ratio of 2.59 and a beta of 0.89. Woodward, Inc. has a 52-week low of $233.31 and a 52-week high of $445.29. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.19 and a current ratio of 1.73. The stock’s 50 day moving average price is $372.79 and its two-hundred day moving average price is $355.09.

Woodward (NASDAQ:WWD) last released its quarterly earnings data 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 company had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.01 billion. Woodward had a net margin of 12.85% and a return on equity of 20.12%. 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 business posted $1.69 EPS. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. On average, equities analysts predict that Woodward, Inc. will post 9.34 earnings per share for the current year.

Woodward Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st were issued a dividend of $0.32 per share. The ex-dividend date was Thursday, May 21st. This represents a $1.28 annualized dividend and a dividend yield of 0.3%. Woodward’s dividend payout ratio is currently 15.33%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on WWD shares. Truist Financial upped their price objective on Woodward from $404.00 to $415.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Susquehanna began coverage on shares of Woodward in a research report on Tuesday, May 26th. They issued a “positive” rating and a $423.00 price target for the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $470.00 price target on shares of Woodward in a research note on Friday, May 1st. UBS Group boosted their price objective on shares of Woodward from $427.00 to $429.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Finally, Royal Bank Of Canada initiated coverage on Woodward in a research report on Thursday, April 16th. They set an “outperform” rating and a $450.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $393.00.

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.