Insider Selling: Woodward (NASDAQ:WWD) EVP Sells 185 Shares of Stock
by Teresa Graham · The Cerbat GemWoodward, Inc. (NASDAQ:WWD – Get Free Report) EVP Karrie Bem sold 185 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $355.00, for a total value of $65,675.00. Following the completion of the sale, the executive vice president owned 3,648 shares in the company, valued at $1,295,040. The trade was a 4.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Woodward Stock Performance
WWD stock traded down $7.77 during mid-day trading on Friday, reaching $347.99. The company had a trading volume of 117,085 shares, compared to its average volume of 682,631. The company has a quick ratio of 1.19, a current ratio of 1.73 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $20.73 billion, a P/E ratio of 41.63, a P/E/G ratio of 2.13 and a beta of 0.92. Woodward, Inc. has a one year low of $204.10 and a one year high of $407.00. The stock’s 50-day simple moving average is $370.04 and its two-hundred day simple moving average is $340.64.
Woodward (NASDAQ:WWD – Get Free Report) last posted its earnings results on Wednesday, April 29th. The technology company reported $2.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.10 by $0.17. The company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.01 billion. Woodward had a return on equity of 20.12% and a net margin of 12.85%.The firm’s quarterly revenue was up 23.4% compared to the same quarter last year. During the same period last year, the business posted $1.69 earnings per share. Woodward has set its FY 2026 guidance at 9.150-9.450 EPS. Research analysts anticipate that Woodward, Inc. will post 9.34 EPS for the current year.
Woodward Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st will be paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Thursday, May 21st. Woodward’s dividend payout ratio (DPR) is presently 15.33%.
Hedge Funds Weigh In On Woodward
Institutional investors have recently bought and sold shares of the stock. Woodline Partners LP acquired a new stake in Woodward during the 1st quarter worth about $2,039,000. Focus Partners Wealth boosted its position in Woodward by 35.5% during the 1st quarter. Focus Partners Wealth now owns 2,390 shares of the technology company’s stock worth $436,000 after acquiring an additional 626 shares during the period. Acadian Asset Management LLC boosted its position in Woodward by 684.3% during the 1st quarter. Acadian Asset Management LLC now owns 5,043 shares of the technology company’s stock worth $920,000 after acquiring an additional 4,400 shares during the period. Russell Investments Group Ltd. boosted its position in Woodward by 7.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,030 shares of the technology company’s stock worth $988,000 after acquiring an additional 265 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its position in Woodward by 11.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 506 shares of the technology company’s stock worth $124,000 after acquiring an additional 54 shares during the period. Hedge funds and other institutional investors own 81.18% of the company’s stock.
Analysts Set New Price Targets
A number of brokerages have recently commented on WWD. Weiss Ratings reissued a “buy (b)” rating on shares of Woodward in a report on Monday, April 20th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $470.00 price target on shares of Woodward in a report on Friday, May 1st. Zacks Research lowered Woodward from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Wells Fargo & Company began coverage on Woodward in a report on Wednesday, April 1st. They set an “overweight” rating and a $440.00 price target on the stock. Finally, Wall Street Zen lowered Woodward from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Woodward has a consensus rating of “Moderate Buy” and a consensus price target of $390.27.
Check Out Our Latest Stock Report on Woodward
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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