Greenspring Advisors LLC purchased a new stake in Woodward, Inc. (NASDAQ:WWD – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,990 shares of the technology company’s stock, valued at approximately $847,000.
A number of other hedge funds have also added to or reduced their stakes in WWD. BlackRock Inc. bought a new position in shares of Woodward in the second quarter valued at approximately $2,984,684,000. State Street Corp grew its holdings in Woodward by 3.5% during the third quarter. State Street Corp now owns 2,388,758 shares of the technology company’s stock worth $603,663,000 after buying an additional 80,538 shares in the last quarter. Geode Capital Management LLC grew its holdings in Woodward by 7.7% during the fourth quarter. Geode Capital Management LLC now owns 1,491,870 shares of the technology company’s stock worth $451,093,000 after buying an additional 106,390 shares in the last quarter. Artisan Partners Limited Partnership raised its position in Woodward by 45.7% in the 4th quarter. Artisan Partners Limited Partnership now owns 1,065,294 shares of the technology company’s stock valued at $322,060,000 after buying an additional 334,333 shares during the last quarter. Finally, Invesco Ltd. raised its position in Woodward by 8.5% in the 4th quarter. Invesco Ltd. now owns 982,448 shares of the technology company’s stock valued at $297,014,000 after buying an additional 76,870 shares during the last quarter. Institutional investors and hedge funds own 81.18% of the company’s stock.
Insider Transactions at Woodward
In other Woodward news, Director Daniel G. Korte sold 14,700 shares of Woodward stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $356.05, for a total value of $5,233,935.00. Following the sale, 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 accessible through this link. Also, EVP Shawn M. Mclevige sold 2,150 shares of the business’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $356.82, for a total transaction of $767,163.00. Following the completion of the transaction, the executive vice president owned 3,098 shares in the company, 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. 0.71% of the stock is currently owned by insiders.
Woodward Stock Performance
Woodward (NASDAQ:WWD – Get Free Report) 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 for 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 business’s revenue was up 21.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.76 earnings per share. Woodward has set its FY 2026 guidance at 9.300-9.500 EPS. As a group, sell-side analysts forecast that Woodward, Inc. will post 9.46 earnings per share for the current year.
Woodward Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Woodward’s payout ratio is 14.24%.
Trending Headlines about Woodward
Here are the key news stories impacting Woodward this week:
- Positive Sentiment: Zacks raised its FY2026 EPS estimate to $9.46 from $9.18, lifted FY2027 EPS to $10.35 from $10.30, and increased FY2028 EPS to $12.00 from $11.55. The firm also raised estimates for Q4 2026, Q1 and Q2 2027, and Q1 and Q2 2028, signaling improved longer-term earnings expectations. Woodward stock information
- Neutral Sentiment: The FY2026 estimate of $9.46 matches the broader consensus, while Zacks continues to rate WWD “Hold.” This suggests the estimate increases are constructive but not strong enough to trigger a more bullish analyst view. Woodward analyst information
- Negative Sentiment: Zacks reduced its Q3 2027 EPS forecast to $2.77 from $2.82 and cut its Q4 2027 estimate to $2.77 from $2.86. It also lowered Q3 2028 EPS to $3.24 from $3.27, indicating some moderation in projected earnings growth. Woodward research information
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on WWD shares. Wall Street Zen cut Woodward from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Royal Bank Of Canada reduced their target price on shares of Woodward from $450.00 to $430.00 and set an “outperform” rating for the company in a research note on Thursday, July 30th. UBS Group increased their target price on shares of Woodward from $427.00 to $429.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Zacks Research lowered shares of Woodward from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 5th. Finally, TD Cowen boosted their price target on shares of Woodward from $390.00 to $420.00 and gave the stock a “hold” rating in a report on Monday, July 13th. One equities research 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 stock. Based on data from MarketBeat.com, Woodward 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.
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