Tribune Investment Group LP Invests $5.75 Million in Woodward, Inc. $WWD

Tribune Investment Group LP purchased a new stake in shares of Woodward, Inc. (NASDAQ:WWD - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 13,520 shares of the technology company's stock, valued at approximately $5,752,000. Woodward makes up about 2.3% of Tribune Investment Group LP's investment portfolio, making the stock its 11th biggest position.

Several other institutional investors and hedge funds have also modified their holdings of WWD. Sanctuary Advisors LLC bought a new stake in Woodward in the second quarter worth $3,628,000. PEAK6 LLC acquired a new position in Woodward during the second quarter worth $530,000. Meiji Yasuda Asset Management Co Ltd. bought a new position in Woodward during the second quarter valued at about $584,000. Mission Financial Group LLC bought a new position in Woodward during the second quarter valued at about $316,000. Finally, Twin Tree Management LP acquired a new stake in shares of Woodward in the second quarter worth about $293,000. Institutional investors and hedge funds own 81.18% of the company's stock.

Key Stories Impacting Woodward

Here are the key news stories impacting Woodward this week:

• Positive Sentiment: Higher long-term earnings forecasts: Zacks Research raised its FY2026 EPS estimate to $9.46 from $9.18, FY2027 to $10.35 from $10.30, and FY2028 to $12.00 from $11.55. The firm also increased estimates for several individual quarters, supporting the view that Woodward’s earnings growth may remain strong. Zacks nevertheless maintains a “Hold” rating. Woodward analyst estimates
• Positive Sentiment: Recent operating momentum provides support: Woodward’s latest quarterly results exceeded EPS expectations, with adjusted earnings of $2.52 versus the $2.44 consensus estimate. Revenue reached approximately $1.11 billion and increased 21.2% year over year, while full-year FY2026 guidance remains $9.30 to $9.50 in EPS.
• Neutral Sentiment: $450 million private debt placement: On August 19, Woodward entered an agreement to privately place $450 million of senior unsecured notes. The financing may provide capital for corporate purposes and maintain financial flexibility, but the announcement did not disclose a specific use of proceeds. Woodward privately places senior unsecured notes
• Negative Sentiment: Some quarterly estimates were reduced: Zacks trimmed its Q3 2027 EPS forecast to $2.77 from $2.82 and its Q4 2027 forecast to $2.77 from $2.86. The reductions are modest, but they temper the otherwise favorable revisions.
• Negative Sentiment: Additional interest obligations: The new senior unsecured notes will increase Woodward’s debt and future interest expense. Although the company has relatively moderate leverage, investors may view the financing as a risk if the proceeds do not generate sufficient returns.

Insider Buying and Selling

In other news, Director Daniel G. Korte sold 14,700 shares of the company's stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $356.05, for a total transaction of $5,233,935.00. Following the completion of the transaction, the director directly owned 4,434 shares in the company, valued at $1,578,725.70. The trade was a 76.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 value of $767,163.00. Following the completion of 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 SEC filing for this sale provides additional information. 0.71% of the stock is owned by insiders.

Woodward Price Performance

WWD stock opened at $343.26 on Monday. The stock has a market capitalization of $20.27 billion, a price-to-earnings ratio of 38.18, a price-to-earnings-growth ratio of 2.01 and a beta of 0.88. The company has a 50-day moving average of $395.86 and a two-hundred day moving average of $381.03. Woodward, Inc. has a 52-week low of $233.31 and a 52-week high of $450.92. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.65 and a quick ratio of 1.14.

Woodward (NASDAQ:WWD - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The technology company reported $2.52 EPS for the quarter, topping analysts' consensus estimates of $2.44 by $0.08. Woodward had a return on equity of 21.89% and a net margin of 13.17%.The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.11 billion. During the same period in the previous year, the company posted $1.76 earnings per share. The firm'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. As a group, equities research analysts anticipate that Woodward, Inc. will post 9.46 EPS for the current year.

Woodward Announces Dividend

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

Analyst Ratings Changes

A number of research analysts have recently commented on the company. UBS Group increased 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. Zacks Research lowered Woodward from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 5th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Woodward in a research report on Friday, July 17th. Wall Street Zen downgraded Woodward from a "buy" rating to a "hold" rating in a report on Saturday, August 8th. Finally, Susquehanna initiated coverage on shares of Woodward in a research report on Tuesday, May 26th. They issued a "positive" rating and a $423.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $419.00.

About Woodward

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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