Woodward, Inc. $WWD Stock Holdings Lessened by Glenmede Trust Co. NA

Glenmede Trust Co. NA lessened its stake in shares of Woodward, Inc. (NASDAQ:WWD) by 38.1% in the first quarter, according to its most recent filing with the SEC. The fund owned 16,492 shares of the technology company’s stock after selling 10,140 shares during the period. Glenmede Trust Co. NA’s holdings in Woodward were worth $5,903,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of WWD. Woodline Partners LP purchased a new stake in shares of Woodward during the first quarter valued at $2,039,000. Focus Partners Wealth increased its stake 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 raised its holdings in Woodward by 684.3% during the 1st quarter. Acadian Asset Management LLC now owns 5,043 shares of the technology company’s stock worth $920,000 after buying an additional 4,400 shares during the period. Russell Investments Group Ltd. raised its holdings in Woodward by 7.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,030 shares of the technology company’s stock worth $988,000 after buying an additional 265 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in 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 buying an additional 54 shares in the last quarter. 81.18% of the stock is owned by institutional investors.

Analysts Set New Price Targets

WWD has been the subject of several recent analyst reports. Truist Financial raised their target price on shares of Woodward from $404.00 to $415.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Susquehanna started coverage on shares of Woodward in a report on Tuesday, May 26th. They set a “positive” rating and a $423.00 price target on the stock. UBS Group upped their price target 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. TD Cowen raised their price objective on shares of Woodward from $390.00 to $420.00 and gave the stock a “hold” rating in a research note on Monday, July 13th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Woodward in a research report on Friday, July 17th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $406.00.

Insider Activity

In related news, EVP Shawn M. Mclevige sold 2,150 shares of Woodward stock in a transaction on Friday, July 31st. The stock was sold at an average price of $356.82, for a total transaction of $767,163.00. Following the completion of the sale, the executive vice president owned 3,098 shares of the company’s stock, valued at approximately $1,105,428.36. This trade represents a 40.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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. This trade represents a 6.12% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 17,779 shares of company stock worth $6,337,168 in the last ninety days. Corporate insiders own 0.71% of the company’s stock.

Woodward Price Performance

NASDAQ WWD opened at $363.57 on Tuesday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.65 and a quick ratio of 1.14. The firm has a market capitalization of $21.66 billion, a price-to-earnings ratio of 40.44, a price-to-earnings-growth ratio of 2.12 and a beta of 0.88. The company has a 50 day simple moving average of $395.86 and a 200-day simple moving average of $377.83. Woodward, Inc. has a 52-week low of $233.31 and a 52-week high of $450.92.

Woodward (NASDAQ:WWD) last announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $2.52 EPS for the quarter, beating analysts’ consensus estimates of $2.44 by $0.08. The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.11 billion. Woodward had a net margin of 13.17% and a return on equity of 21.89%. The firm’s revenue was up 21.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.76 earnings per share. Woodward has set its FY 2026 guidance at 9.300-9.500 EPS. Equities research analysts predict that Woodward, Inc. will post 9.43 earnings per share for the current fiscal year.

Woodward Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th 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, August 20th. Woodward’s payout ratio is currently 14.24%.

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.