Woodward, Inc. $WWD Holdings Lifted by CoreCap Advisors LLC

CoreCap Advisors LLC boosted its holdings in shares of Woodward, Inc. (NASDAQ:WWD) by 2,320.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,420 shares of the technology company’s stock after buying an additional 2,320 shares during the period. CoreCap Advisors LLC’s holdings in Woodward were worth $612,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Thrivent Financial for Lutherans grew its position in Woodward by 35.6% in the second quarter. Thrivent Financial for Lutherans now owns 25,688 shares of the technology company’s stock worth $6,300,000 after acquiring an additional 6,741 shares in the last quarter. Anchor Capital Advisors LLC bought a new position in shares of Woodward during the 2nd quarter valued at $246,000. Advisors Asset Management Inc. lifted its stake in shares of Woodward by 7.2% in the 2nd quarter. Advisors Asset Management Inc. now owns 16,681 shares of the technology company’s stock valued at $4,088,000 after purchasing an additional 1,121 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Woodward by 0.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 165,286 shares of the technology company’s stock valued at $30,163,000 after purchasing an additional 1,146 shares during the last quarter. Finally, XTX Topco Ltd boosted its holdings in Woodward by 213.4% in the second quarter. XTX Topco Ltd now owns 5,043 shares of the technology company’s stock worth $1,236,000 after purchasing an additional 3,434 shares in the last quarter. 81.18% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Woodward

In other news, Director John D. Cohn sold 3,000 shares of Woodward stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $296.33, for a total transaction of $888,990.00. Following the sale, the director directly owned 21,575 shares in the company, valued at approximately $6,393,319.75. The trade was a 12.21% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gregg C. Sengstack sold 7,000 shares of the stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $300.76, for a total transaction of $2,105,320.00. Following the completion of the transaction, the director directly owned 9,610 shares of the company’s stock, valued at $2,890,303.60. This trade represents a 42.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 40,000 shares of company stock valued at $11,908,210. Company insiders own 0.71% of the company’s stock.

Woodward Stock Performance

NASDAQ:WWD opened at $321.99 on Friday. The firm’s 50-day moving average is $291.15 and its 200-day moving average is $264.56. The company has a market cap of $19.32 billion, a price-to-earnings ratio of 44.78, a PEG ratio of 2.70 and a beta of 1.02. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.36 and a current ratio of 2.08. Woodward, Inc. has a 52-week low of $146.82 and a 52-week high of $329.10.

Woodward (NASDAQ:WWD) last released its quarterly earnings data on Monday, November 24th. The technology company reported $2.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.26. The business had revenue of $995.26 million for the quarter, compared to analysts’ expectations of $943.15 million. Woodward had a return on equity of 17.68% and a net margin of 12.39%.Woodward’s quarterly revenue was up 16.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.41 earnings per share. Woodward has set its FY 2026 guidance at 7.500-8.000 EPS. Equities research analysts anticipate that Woodward, Inc. will post 6.15 earnings per share for the current year.

Woodward announced that its Board of Directors has approved a stock repurchase program on Thursday, November 20th that allows the company to buyback $1.80 billion in outstanding shares. This buyback authorization allows the technology company to buy up to 11.6% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Truist Financial set a $366.00 price objective on Woodward in a research note on Friday. Wall Street Zen upgraded Woodward from a “buy” rating to a “strong-buy” rating in a report on Saturday. Melius Research raised shares of Woodward to a “strong-buy” rating in a research report on Monday, January 5th. Wolfe Research set a $300.00 price objective on shares of Woodward and gave the stock an “outperform” rating in a research note on Friday, October 3rd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Woodward in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Woodward has an average rating of “Moderate Buy” and an average target price of $305.56.

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.