Inceptionr LLC Takes Position in Woodward, Inc. $WWD

Inceptionr LLC acquired a new position in Woodward, Inc. (NASDAQ:WWD) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 1,246 shares of the technology company’s stock, valued at approximately $446,000.

Several other large investors have also bought and sold shares of the company. Aster Capital Management DIFC Ltd bought a new position in shares of Woodward during the 4th quarter valued at about $35,000. Parallel Advisors LLC boosted its holdings in Woodward by 82.5% during the first quarter. Parallel Advisors LLC now owns 115 shares of the technology company’s stock worth $41,000 after buying an additional 52 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Woodward during the fourth quarter worth approximately $44,000. Caitong International Asset Management Co. Ltd acquired a new position in Woodward in the fourth quarter worth approximately $61,000. Finally, Hollencrest Capital Management grew its position in Woodward by 1,800.0% in the first quarter. Hollencrest Capital Management now owns 209 shares of the technology company’s stock worth $75,000 after buying an additional 198 shares during the last quarter. Institutional investors own 81.18% of the company’s stock.

Woodward Price Performance

Woodward stock opened at $419.00 on Monday. The firm has a market cap of $24.97 billion, a PE ratio of 50.18, a P/E/G ratio of 2.50 and a beta of 0.86. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.19 and a current ratio of 1.73. The firm’s 50 day moving average price is $392.11 and its two-hundred day moving average price is $375.37. Woodward, Inc. has a twelve month low of $233.31 and a twelve month high of $450.92.

Woodward (NASDAQ:WWD) last issued its earnings results on Wednesday, April 29th. The technology company reported $2.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.10 by $0.17. Woodward had a net margin of 12.85% and a return on equity of 20.12%. The company had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.01 billion. During the same quarter last year, the business posted $1.69 EPS. The company’s revenue for the quarter was up 23.4% on a year-over-year basis. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. On average, research analysts predict that Woodward, Inc. will post 9.34 EPS for the current fiscal year.

Woodward Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors 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 0.3%. Woodward’s dividend payout ratio (DPR) is presently 15.33%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Susquehanna started coverage on Woodward in a research report on Tuesday, May 26th. They set a “positive” rating and a $423.00 price objective for the company. Zacks Research raised Woodward from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 29th. Truist Financial upped their target price on Woodward from $404.00 to $415.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Royal Bank Of Canada began coverage on Woodward in a research report on Thursday, April 16th. They issued an “outperform” rating and a $450.00 price target for the company. Finally, Wells Fargo & Company assumed coverage on Woodward in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $440.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $395.50.

Insider Transactions at Woodward

In other Woodward news, EVP Karrie M. Bem sold 280 shares of the business’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $372.66, for a total value of $104,344.80. Following the transaction, the executive vice president owned 4,297 shares in the company, valued at $1,601,320.02. The trade was a 6.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Daniel G. Korte sold 14,700 shares of the company’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $356.05, for a total value of $5,233,935.00. Following the completion of the transaction, the director directly owned 4,434 shares in the company, valued at approximately $1,578,725.70. The trade was a 76.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 15,629 shares of company stock worth $5,570,005 in the last 90 days. Corporate insiders own 0.71% of the company’s stock.

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.