1,022 Shares in Woodward, Inc. $WWD Bought by Calamos Wealth Management LLC

Key Points

• Calamos Wealth Management LLC acquired 1,022 shares of Woodward, Inc. for approximately $250,000 in the second quarter, reflecting its growing interest in the aerospace technology sector.
• Director John D. Cohn sold 1,750 shares at an average price of $244.32, reducing his position by 7.70% and bringing his total holdings to 20,963 shares.
• Woodward recently announced a quarterly dividend of $0.28 per share, with a yield of 0.5%, and plans to pay on December 4th, affecting shareholders who are on record by November 20th.

Calamos Wealth Management LLC purchased a new position in shares of Woodward, Inc. (NASDAQ:WWD - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,022 shares of the technology company's stock, valued at approximately $250,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. lifted its holdings in Woodward by 1.1% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 7,649 shares of the technology company's stock worth $1,396,000 after buying an additional 82 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its holdings in Woodward by 13.3% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,580 shares of the technology company's stock worth $653,000 after buying an additional 420 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings 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 worth $30,163,000 after buying an additional 1,146 shares in the last quarter. XTX Topco Ltd acquired a new position in Woodward in the 1st quarter worth $294,000. Finally, Tribune Investment Group LP acquired a new position in Woodward in the 1st quarter worth $8,577,000. Institutional investors and hedge funds own 81.18% of the company's stock.

Insider Buying and Selling at Woodward

In related news, Director John D. Cohn sold 1,750 shares of the business's stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $244.32, for a total transaction of $427,560.00. Following the completion of the sale, the director owned 20,963 shares of the company's stock, valued at $5,121,680.16. This represents a 7.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.82% of the stock is currently owned by corporate insiders.

Woodward Price Performance

Shares of NASDAQ:WWD opened at $247.51 on Monday. The company has a quick ratio of 1.39, a current ratio of 2.04 and a debt-to-equity ratio of 0.20. Woodward, Inc. has a fifty-two week low of $146.82 and a fifty-two week high of $267.45. The firm has a 50-day simple moving average of $246.52 and a 200 day simple moving average of $229.14. The company has a market cap of $14.84 billion, a PE ratio of 39.16, a P/E/G ratio of 2.42 and a beta of 1.26.

Woodward (NASDAQ:WWD - Get Free Report) last announced its quarterly earnings data on Monday, July 28th. The technology company reported $1.76 earnings per share for the quarter, beating analysts' consensus estimates of $1.62 by $0.14. Woodward had a net margin of 11.32% and a return on equity of 16.57%. The business had revenue of $915.45 million during the quarter, compared to the consensus estimate of $884.98 million. During the same quarter in the prior year, the firm earned $1.63 EPS. The company's revenue for the quarter was up 8.0% compared to the same quarter last year. Woodward has set its FY 2025 guidance at 6.500-6.750 EPS. On average, sell-side analysts anticipate that Woodward, Inc. will post 6.15 EPS for the current year.

Woodward Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Thursday, November 20th will be given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, November 20th. Woodward's dividend payout ratio is currently 17.72%.

Wall Street Analyst Weigh In

WWD has been the topic of a number of recent analyst reports. Weiss Ratings reiterated a "buy (b)" rating on shares of Woodward in a report on Wednesday, October 8th. Barclays boosted their price objective on shares of Woodward from $200.00 to $260.00 and gave the stock an "equal weight" rating in a report on Monday, August 4th. Wolfe Research set a $300.00 target price on shares of Woodward and gave the company an "outperform" rating in a research note on Friday, October 3rd. The Goldman Sachs Group upped their target price on shares of Woodward from $229.00 to $255.00 and gave the company a "buy" rating in a research note on Monday, June 23rd. Finally, Wall Street Zen lowered shares of Woodward from a "strong-buy" rating to a "buy" rating in a research note on Saturday, September 13th. Eight investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $268.67.

Woodward 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.

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