Zacks Research Issues Positive Outlook for Woodward Earnings

Woodward, Inc. (NASDAQ:WWD) – Stock analysts at Zacks Research upped their Q2 2027 earnings estimates for Woodward in a research note issued on Monday, December 15th. Zacks Research analyst Team now expects that the technology company will post earnings per share of $2.27 for the quarter, up from their prior forecast of $1.95. The consensus estimate for Woodward’s current full-year earnings is $6.15 per share. Zacks Research also issued estimates for Woodward’s FY2027 earnings at $9.10 EPS.

WWD has been the subject of a number of other reports. Wolfe Research set a $300.00 target price on Woodward and gave the stock an “outperform” rating in a research note on Friday, October 3rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Woodward in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of Woodward from a “buy” rating to a “strong-buy” rating in a report on Friday, November 28th. Truist Financial boosted their price objective on shares of Woodward from $294.00 to $305.00 and gave the company a “buy” rating in a research report on Tuesday, November 25th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $350.00 target price on shares of Woodward in a research note on Monday, December 1st. Eight research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $286.67.

Woodward Stock Down 2.2%

Shares of Woodward stock opened at $287.85 on Thursday. The company has a market capitalization of $17.27 billion, a P/E ratio of 40.03, a price-to-earnings-growth ratio of 2.47 and a beta of 1.02. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.08 and a quick ratio of 1.36. The business has a 50-day moving average of $272.22 and a two-hundred day moving average of $255.33. Woodward has a 1 year low of $146.82 and a 1 year high of $304.72.

Woodward (NASDAQ:WWD) last released its quarterly earnings data on Monday, November 24th. The technology company reported $2.09 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.26. The business had revenue of $995.26 million during the quarter, compared to analysts’ expectations of $943.15 million. Woodward had a net margin of 12.39% and a return on equity of 17.68%. The firm’s quarterly revenue was up 16.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.41 EPS. Woodward has set its FY 2026 guidance at 7.500-8.000 EPS.

Institutional Trading of Woodward

Hedge funds and other institutional investors have recently modified their holdings of the stock. Anchor Capital Advisors LLC bought a new position in shares of Woodward during the second quarter worth approximately $246,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Woodward by 0.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 165,286 shares of the technology company’s stock valued at $30,163,000 after purchasing an additional 1,146 shares during the period. Advisors Asset Management Inc. grew its holdings in Woodward by 7.2% in the 2nd quarter. Advisors Asset Management Inc. now owns 16,681 shares of the technology company’s stock valued at $4,088,000 after buying an additional 1,121 shares in the last quarter. Diversified Trust Co bought a new position in Woodward during the 2nd quarter worth $698,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Woodward during the second quarter worth $3,682,000. Institutional investors and hedge funds own 81.18% of the company’s stock.

Insider Transactions at Woodward

In related news, Director John D. Cohn sold 3,000 shares of the stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $296.33, for a total transaction of $888,990.00. Following the completion of the transaction, the director owned 21,575 shares in the company, valued at approximately $6,393,319.75. This represents a 12.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Gregg C. Sengstack sold 7,000 shares of Woodward stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $300.76, for a total transaction of $2,105,320.00. Following the completion of the sale, the director owned 9,610 shares in the company, valued at $2,890,303.60. The trade was a 42.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 40,000 shares of company stock valued at $11,908,210 over the last 90 days. 0.82% of the stock is owned by corporate insiders.

Woodward declared that its board has approved a stock buyback plan on Thursday, November 20th that allows the company to repurchase $1.80 billion in outstanding shares. This repurchase authorization allows the technology company to repurchase up to 11.6% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

Woodward Company Profile

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.