Kinetic Partners Management LP Invests $127.38 Million in Woodward, Inc. $WWD

Key Points

• Kinetic Partners Management acquired 299,398 Woodward shares worth approximately $127.4 million, making WWD a 3% portfolio holding and its ninth-largest position. Institutional investors collectively own 81.18% of the company.
• Analysts maintain a broadly positive view, with Woodward carrying a “Moderate Buy” consensus rating and an average price target of $419. Recent targets range from $420 to $470.
• Woodward reported quarterly earnings of $2.52 per share, exceeding estimates, while revenue rose 21.2% year over year to $1.11 billion. The company also declared a quarterly dividend of $0.32 per share, equivalent to a 0.4% annual yield.

Kinetic Partners Management LP bought a new stake in shares of Woodward, Inc. (NASDAQ:WWD - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The fund bought 299,398 shares of the technology company's stock, valued at approximately $127,376,000. Woodward makes up 3.0% of Kinetic Partners Management LP's portfolio, making the stock its 9th largest position. Kinetic Partners Management LP owned about 0.51% of Woodward at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in WWD. Bard Associates Inc. bought a new position in Woodward during the second quarter worth about $28,000. Aster Capital Management DIFC Ltd bought a new stake in shares of Woodward in the 4th quarter valued at approximately $35,000. Elevation Wealth Partners LLC raised its holdings in shares of Woodward by 550.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 91 shares of the technology company's stock worth $39,000 after buying an additional 77 shares in the last quarter. Parallel Advisors LLC raised its holdings in shares of Woodward by 82.5% in the 1st 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. Finally, Caitong International Asset Management Co. Ltd acquired a new position in shares of Woodward in the 4th quarter worth approximately $61,000. Institutional investors own 81.18% of the company's stock.

Analysts Set New Price Targets

Several analysts recently commented on WWD shares. UBS Group boosted their price target on Woodward from $427.00 to $429.00 and gave the company a "buy" rating in a research note on Thursday, April 30th. Truist Financial lifted their price objective on Woodward from $415.00 to $420.00 and gave the company a "buy" rating in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $470.00 target price on shares of Woodward in a research note on Friday, May 1st. Susquehanna assumed coverage on shares of Woodward in a report on Tuesday, May 26th. They issued a "positive" rating and a $423.00 target price on the stock. Finally, Wall Street Zen cut shares of Woodward from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Woodward presently has a consensus rating of "Moderate Buy" and an average price target of $419.00.

Woodward Price Performance

Woodward stock opened at $339.66 on Wednesday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.14 and a current ratio of 1.65. The firm has a market cap of $20.06 billion, a P/E ratio of 37.78, a P/E/G ratio of 1.95 and a beta of 0.88. The business's fifty day moving average is $392.84 and its two-hundred day moving average is $380.53. Woodward, Inc. has a 52 week low of $233.31 and a 52 week high of $450.92.

Woodward (NASDAQ:WWD - Get Free Report) last announced its earnings results on Wednesday, July 29th. The technology company reported $2.52 EPS for the quarter, topping the consensus estimate of $2.44 by $0.08. Woodward had a return on equity of 21.89% and a net margin of 13.17%.The company had revenue of $1.11 billion for the quarter, compared to analysts' expectations of $1.11 billion. During the same quarter in the prior year, the business earned $1.76 earnings per share. The business's revenue for the quarter was up 21.2% on a year-over-year basis. Woodward has set its FY 2026 guidance at 9.300-9.500 EPS. Equities research analysts forecast that Woodward, Inc. will post 9.46 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, September 3rd. Shareholders of record on Thursday, August 20th will be issued 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 dividend payout ratio is currently 14.24%.

Insider Activity

In other news, EVP Shawn M. Mclevige sold 2,150 shares of the stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $356.82, for a total transaction of $767,163.00. Following the sale, the executive vice president directly owned 3,098 shares of the company's stock, valued at $1,105,428.36. This represents a 40.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Daniel G. Korte sold 14,700 shares of the firm's stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $356.05, for a total transaction of $5,233,935.00. Following the completion of the sale, the director directly owned 4,434 shares of the company's stock, valued at approximately $1,578,725.70. This represents a 76.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.71% of the company's stock.

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.

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