Woodward, Inc. $WWD Stock Sold by EULAV Asset Management

Key Points

• EULAV Asset Management reduced its Woodward stake by 18.7% in the third quarter, selling 53,062 shares and retaining 229,949 shares worth approximately $75.6 million.
• Woodward reported strong quarterly results, with earnings of $2.52 per share exceeding estimates and revenue rising 21.2% year over year to $1.11 billion. The company issued fiscal 2026 EPS guidance of $9.30–$9.50.
• Analysts maintain a consensus “Moderate Buy” rating with an average price target of $418.36, while Woodward declared a quarterly dividend of $0.32 per share, yielding approximately 0.4%.

EULAV Asset Management trimmed its stake in Woodward, Inc. (NASDAQ:WWD - Free Report) by 18.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 229,949 shares of the technology company's stock after selling 53,062 shares during the period. Woodward makes up 2.7% of EULAV Asset Management's investment portfolio, making the stock its 3rd largest holding. EULAV Asset Management owned about 0.39% of Woodward worth $75,559,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of WWD. Bard Associates Inc. purchased a new position in Woodward during the second quarter worth about $28,000. Washington Trust Advisors Inc. purchased a new stake in Woodward during the second quarter worth $33,000. Pension & Wealth Management Advisors Inc. acquired a new stake in Woodward in the 3rd quarter valued at about $34,000. Elevation Wealth Partners LLC grew its position in shares of Woodward by 550.0% in the second quarter. Elevation Wealth Partners LLC now owns 91 shares of the technology company's stock valued at $39,000 after purchasing an additional 77 shares during the last quarter. Finally, Parallel Advisors LLC grew its holdings in 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 buying an additional 52 shares during the last quarter. Hedge funds and other institutional investors own 81.18% of the company's stock.

Woodward Stock Performance

Woodward stock opened at $303.55 on Monday. The firm's 50 day moving average price is $333.27 and its two-hundred day moving average price is $366.20. The firm has a market cap of $17.92 billion, a price-to-earnings ratio of 33.77, a price-to-earnings-growth ratio of 1.58 and a beta of 0.86. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.14 and a current ratio of 1.65. Woodward, Inc. has a 1 year low of $253.52 and a 1 year high of $450.92.

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 net margin of 13.17% and a return on equity of 21.89%. The firm had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same quarter last year, the business posted $1.76 EPS. The company'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. On average, research analysts predict that Woodward, Inc. will post 9.46 EPS for the current fiscal year.

Woodward Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Thursday, November 19th will be issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 0.4%. The ex-dividend date is Thursday, November 19th. Woodward's dividend payout ratio (DPR) is 14.24%.

Wall Street Analyst Weigh In

Several research firms have commented on WWD. Zacks Research cut shares of Woodward from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 5th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Woodward in a research report on Thursday, October 15th. Melius Research downgraded shares of Woodward from a "buy" rating to a "hold" rating and set a $388.00 target price for the company. in a research note on Monday, September 14th. Truist Financial increased their target price on Woodward from $415.00 to $420.00 and gave the company a "buy" rating in a research note on Tuesday, August 4th. Finally, Wall Street Zen downgraded Woodward from a "buy" rating to a "hold" rating in a research note on Saturday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $418.36.

Insider Buying and Selling

In other news, EVP Shawn McLevige sold 2,150 shares of Woodward stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $356.82, for a total value of $767,163.00. Following the transaction, the executive vice president directly owned 3,098 shares in the company, valued at approximately $1,105,428.36. The trade was a 40.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.71% of the stock is owned by company insiders.

Woodward Company Profile

Woodward, Inc is an independent designer, manufacturer and service provider of control systems and components for the aerospace and industrial markets. The company develops technologies that help manage the flow of fuel, air, and other fluids, as well as mechanical and electrical energy, in engines and other power-generation systems.

Its aerospace products include fuel pumps and metering systems, engine controls, actuators, air valves, and electric power-management systems for commercial aircraft, business aviation, military aircraft, helicopters, and space 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.