Woodward, Inc. $WWD Holdings Raised by Moore Capital Management LP

Moore Capital Management LP boosted its position in shares of Woodward, Inc. (NASDAQ:WWD) by 596.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 65,438 shares of the technology company’s stock after purchasing an additional 56,043 shares during the period. Moore Capital Management LP’s holdings in Woodward were worth $27,840,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the stock. Woodline Partners LP purchased a new position in Woodward during the first quarter valued at approximately $2,039,000. Focus Partners Wealth lifted its position 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 buying an additional 626 shares in the last quarter. Acadian Asset Management LLC boosted its stake in shares of Woodward by 684.3% during the 1st quarter. Acadian Asset Management LLC now owns 5,043 shares of the technology company’s stock valued at $920,000 after buying an additional 4,400 shares during the period. Russell Investments Group Ltd. boosted its stake in shares of Woodward by 7.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,030 shares of the technology company’s stock valued at $988,000 after buying an additional 265 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of Woodward by 11.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 506 shares of the technology company’s stock valued at $124,000 after acquiring an additional 54 shares in the last quarter. 81.18% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Woodward

In related news, EVP Shawn M. Mclevige sold 2,150 shares of the business’s stock in a transaction dated 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 transaction, the executive vice president owned 3,098 shares of the company’s stock, valued at approximately $1,105,428.36. The trade was a 40.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Daniel G. Korte sold 14,700 shares of the stock in a transaction that occurred on 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 position. The SEC filing for this sale provides additional information. 0.71% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on WWD shares. Susquehanna assumed coverage on shares of Woodward in a research note on Tuesday, May 26th. They issued a “positive” rating and a $423.00 price target on the stock. Truist Financial boosted their target price on Woodward from $415.00 to $420.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Zacks Research downgraded Woodward from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 5th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Woodward in a research report on Friday, July 17th. Finally, Wall Street Zen downgraded Woodward from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $419.00.

Woodward Stock Performance

NASDAQ:WWD opened at $341.81 on Monday. Woodward, Inc. has a 12 month low of $233.31 and a 12 month high of $450.92. The firm has a market cap of $20.18 billion, a price-to-earnings ratio of 38.02, a P/E/G ratio of 2.01 and a beta of 0.88. The company has a quick ratio of 1.14, a current ratio of 1.65 and a debt-to-equity ratio of 0.25. The company’s 50 day moving average is $387.62 and its 200-day moving average is $379.65.

Woodward (NASDAQ:WWD) last posted its quarterly earnings data on Wednesday, July 29th. The technology company reported $2.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.44 by $0.08. Woodward had a net margin of 13.17% and a return on equity of 21.89%. The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the prior year, the firm earned $1.76 EPS. Woodward’s quarterly revenue was up 21.2% compared to the same quarter last year. Woodward has set its FY 2026 guidance at 9.300-9.500 EPS. Equities analysts anticipate that Woodward, Inc. will post 9.46 EPS for the current year.

Woodward Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $1.28 dividend on an annualized basis and a yield of 0.4%. Woodward’s payout ratio is currently 14.24%.

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.