Intech Investment Management LLC Trims Stake in Woodward, Inc. $WWD

Intech Investment Management LLC reduced its stake in shares of Woodward, Inc. (NASDAQ:WWD) by 21.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,016 shares of the technology company’s stock after selling 5,385 shares during the quarter. Intech Investment Management LLC’s holdings in Woodward were worth $6,051,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Ameriflex Group Inc. purchased a new position in Woodward during the third quarter valued at approximately $26,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Woodward during the fourth quarter valued at approximately $44,000. Global Retirement Partners LLC raised its position in Woodward by 131.1% during the fourth quarter. Global Retirement Partners LLC now owns 282 shares of the technology company’s stock valued at $85,000 after acquiring an additional 160 shares in the last quarter. Hantz Financial Services Inc. raised its position in Woodward by 36.1% during the third quarter. Hantz Financial Services Inc. now owns 347 shares of the technology company’s stock valued at $88,000 after acquiring an additional 92 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its position in Woodward by 107.6% during the third quarter. Smartleaf Asset Management LLC now owns 411 shares of the technology company’s stock valued at $101,000 after acquiring an additional 213 shares in the last quarter. 81.18% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP Shawn M. Mclevige sold 1,850 shares of Woodward stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $384.37, for a total transaction of $711,084.50. Following the transaction, the executive vice president owned 3,095 shares in the company, valued at approximately $1,189,625.15. This trade represents a 37.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Charles P. Blankenship sold 5,000 shares of Woodward stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $367.40, for a total value of $1,837,000.00. Following the transaction, the chief executive officer owned 65,854 shares in the company, valued at approximately $24,194,759.60. The trade was a 7.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 20,404 shares of company stock worth $7,741,205. 0.71% of the stock is owned by corporate insiders.

Woodward Stock Down 1.4%

Shares of WWD opened at $350.03 on Friday. The company has a current ratio of 1.73, a quick ratio of 1.19 and a debt-to-equity ratio of 0.18. Woodward, Inc. has a 12 month low of $213.46 and a 12 month high of $407.00. The stock’s 50 day moving average is $368.34 and its two-hundred day moving average is $343.95. The firm has a market cap of $20.85 billion, a P/E ratio of 41.92, a PEG ratio of 2.09 and a beta of 0.92.

Woodward (NASDAQ:WWD) last issued its quarterly earnings results on Wednesday, April 29th. The technology company reported $2.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.10 by $0.17. The firm had revenue of $1.09 billion for 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 business’s revenue was up 23.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.69 earnings per share. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. Analysts predict that Woodward, Inc. will post 9.34 earnings per share for the current fiscal year.

Woodward Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 21st will be given a dividend of $0.32 per share. The ex-dividend date is Thursday, May 21st. This represents a $1.28 dividend on an annualized basis and a yield of 0.4%. Woodward’s dividend payout ratio (DPR) is presently 15.33%.

Wall Street Analyst Weigh In

WWD has been the topic of several research analyst reports. Zacks Research lowered Woodward from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. UBS Group raised their price objective on Woodward from $427.00 to $429.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Royal Bank Of Canada initiated coverage on Woodward in a report on Thursday, April 16th. They issued an “outperform” rating and a $450.00 price objective on the stock. Wells Fargo & Company initiated coverage on Woodward in a report on Wednesday, April 1st. They issued an “overweight” rating and a $440.00 price objective on the stock. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Woodward in a report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $393.00.

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.