Woodward, Inc. $WWD Stock Holdings Raised by Moore Capital Management LP

Moore Capital Management LP lifted its stake in shares of Woodward, Inc. (NASDAQ:WWD - Free Report) by 596.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 65,438 shares of the technology company's stock after purchasing an additional 56,043 shares during the period. Moore Capital Management LP owned about 0.11% of Woodward worth $27,840,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of WWD. Bard Associates Inc. bought a new position in Woodward during the 2nd quarter worth approximately $28,000. Elevation Wealth Partners LLC increased 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 valued at $39,000 after acquiring an additional 77 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new stake in shares of Woodward during the 4th quarter valued at approximately $35,000. Parallel Advisors LLC raised its position in shares of Woodward by 82.5% during the 1st quarter. Parallel Advisors LLC now owns 115 shares of the technology company's stock valued at $41,000 after acquiring an additional 52 shares in the last quarter. Finally, Persistent Asset Partners Ltd bought a new position in Woodward during the second quarter worth $65,000. 81.18% of the stock is currently owned by institutional investors and hedge funds.

Woodward Price Performance

Shares of NASDAQ WWD opened at $341.81 on Monday. Woodward, Inc. has a 1-year low of $233.31 and a 1-year 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. The business's fifty day moving average price is $387.62 and its two-hundred day moving average price is $379.65. The firm has a market capitalization of $20.18 billion, a PE ratio of 38.02, a P/E/G ratio of 2.01 and a beta of 0.88.

Woodward (NASDAQ:WWD - Get Free Report) last posted its earnings results on Wednesday, July 29th. The technology company reported $2.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.44 by $0.08. The company had revenue of $1.11 billion for the quarter, compared to analysts' expectations of $1.11 billion. Woodward had a return on equity of 21.89% and a net margin of 13.17%.The firm's quarterly revenue was up 21.2% compared to the same quarter last year. During the same period last year, the business posted $1.76 earnings per share. Woodward has set its FY 2026 guidance at 9.300-9.500 EPS. On average, research analysts expect that Woodward, Inc. will post 9.46 EPS for the current year.

Woodward Announces Dividend

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

Insider Transactions at Woodward

In other Woodward news, EVP Shawn M. Mclevige sold 2,150 shares of the company's stock in a transaction dated 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 transaction, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 owned 4,434 shares in the company, valued at $1,578,725.70. The trade was a 76.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.71% of the company's stock.

Analyst Ratings Changes

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

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.

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