Woodward, Inc. $WWD Shares Sold by Engineers Gate Manager LP

Key Points

• Engineers Gate Manager LP cut its Woodward stake by 32.8% in the second quarter, selling 11,181 shares and retaining 22,860 shares valued at approximately $9.7 million. Institutional investors and hedge funds collectively own 81.18% of the company.
• Woodward reported quarterly EPS of $2.52, beating estimates by $0.08, while revenue rose 21.2% year over year to $1.11 billion. The company maintained fiscal 2026 EPS guidance of $9.30–$9.50.
• Shares recently traded at $332.76, down 1.5%, while analysts maintained an overall “Moderate Buy” consensus with an average price target of $419. Woodward also declared a quarterly dividend of $0.32 per share, implying a 0.4% yield.

Engineers Gate Manager LP reduced its position in shares of Woodward, Inc. (NASDAQ:WWD - Free Report) by 32.8% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,860 shares of the technology company's stock after selling 11,181 shares during the quarter. Engineers Gate Manager LP's holdings in Woodward were worth $9,726,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. California State Teachers Retirement System raised its stake in shares of Woodward by 42,244.0% in the 2nd quarter. California State Teachers Retirement System now owns 29,448,531 shares of the technology company's stock worth $12,528,583,000 after buying an additional 29,378,985 shares in the last quarter. BlackRock Inc. bought a new position in Woodward during the second quarter valued at about $2,984,684,000. Norges Bank acquired a new position in Woodward during the fourth quarter worth about $251,365,000. Bank of America Corp DE acquired a new position in Woodward during the second quarter worth about $303,698,000. Finally, Findlay Park Partners LLP bought a new stake in Woodward in the second quarter worth about $231,958,000. 81.18% of the stock is currently owned by institutional investors and hedge funds.

Woodward Trading Down 1.5%

NASDAQ:WWD opened at $332.76 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.65 and a debt-to-equity ratio of 0.25. Woodward, Inc. has a 1-year low of $233.31 and a 1-year high of $450.92. The firm has a market capitalization of $19.65 billion, a price-to-earnings ratio of 37.01, a price-to-earnings-growth ratio of 1.98 and a beta of 0.87. The stock has a fifty day simple moving average of $371.89 and a 200 day simple moving average of $376.64.

Woodward (NASDAQ:WWD - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $2.52 earnings per share 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 firm had revenue of $1.11 billion for the quarter, compared to analysts' expectations of $1.11 billion. During the same quarter last year, the business posted $1.76 EPS. Woodward's revenue was up 21.2% on a year-over-year basis. Woodward has set its FY 2026 guidance at 9.300-9.500 EPS. Sell-side analysts forecast that Woodward, Inc. will post 9.46 earnings per share for the current year.

Woodward Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th were issued a dividend of $0.32 per share. The ex-dividend date was Thursday, August 20th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.4%. Woodward's payout ratio is currently 14.24%.

Insider Activity

In related news, EVP Shawn McLevige sold 2,150 shares of the company's 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 owned 3,098 shares in the company, valued at approximately $1,105,428.36. This represents a 40.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.71% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on WWD shares. Wall Street Zen downgraded shares of Woodward from a "buy" rating to a "hold" rating in a report on Saturday, August 8th. Royal Bank Of Canada lowered their price objective on shares of Woodward from $450.00 to $430.00 and set an "outperform" rating on the stock in a research note on Thursday, July 30th. Weiss Ratings reissued a "buy (b)" rating on shares of Woodward in a research note on Friday, July 17th. Truist Financial raised their target price on shares of Woodward from $415.00 to $420.00 and gave the stock a "buy" rating in a report on Tuesday, August 4th. Finally, Susquehanna began coverage on shares of Woodward in a report on Tuesday, May 26th. They set a "positive" rating and a $423.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have assigned 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 target price of $419.00.

Woodward Company Profile

Woodward, Inc NASDAQ: WWD designs and manufactures control systems and components for the aerospace and industrial markets. Its products help manage fuel, air, combustion, motion, actuation and electrical power in engines, turbines and other energy-conversion systems.

In aerospace, Woodward supplies systems and components for commercial aircraft, business aviation, military aircraft, helicopters and space applications. Its offerings include fuel metering and engine control systems, air-management products, actuators, electric power systems and other controls used in propulsion and aircraft subsystems.

Woodward also serves industrial customers with controls for power generation, gas and diesel engines, renewable-energy equipment, industrial turbines and other applications.

Want to see what other hedge funds are holding WWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Woodward, Inc. (NASDAQ:WWD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.