Anfield Capital Management LLC Makes New Investment in Woodward, Inc. $WWD

Anfield Capital Management LLC purchased a new position in shares of Woodward, Inc. (NASDAQ:WWD) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,482 shares of the technology company’s stock, valued at approximately $2,396,000. Woodward makes up 0.7% of Anfield Capital Management LLC’s holdings, making the stock its 27th biggest holding.

A number of other institutional investors have also recently modified their holdings of WWD. Woodline Partners LP bought a new position in shares of Woodward in the first quarter worth $2,039,000. Focus Partners Wealth raised its position in shares of Woodward by 35.5% in the 1st quarter. Focus Partners Wealth now owns 2,390 shares of the technology company’s stock valued at $436,000 after buying an additional 626 shares in the last quarter. Acadian Asset Management LLC lifted its holdings in shares of 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. Sumitomo Mitsui Trust Group Inc. increased its stake in Woodward by 24.1% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 4,443 shares of the technology company’s stock valued at $1,089,000 after acquiring an additional 863 shares during the last quarter. Finally, Focus Partners Advisor Solutions LLC bought a new position in Woodward in the second quarter valued at approximately $261,000. 81.18% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Woodward

In other news, COO Thomas G. Cromwell sold 5,000 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $297.88, for a total transaction of $1,489,400.00. Following the completion of the sale, the chief operating officer directly owned 15,135 shares of the company’s stock, valued at $4,508,413.80. The trade was a 24.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director John D. Cohn sold 2,250 shares of the stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $369.62, for a total value of $831,645.00. Following the completion of the sale, the director directly owned 21,575 shares of the company’s stock, valued at $7,974,551.50. The trade was a 9.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 39,450 shares of company stock valued at $12,335,945 over the last three months. Corporate insiders own 0.71% of the company’s stock.

Woodward Stock Down 0.3%

Shares of NASDAQ:WWD opened at $386.76 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.36 and a current ratio of 2.05. Woodward, Inc. has a 52-week low of $146.82 and a 52-week high of $403.31. The business’s 50 day simple moving average is $346.31 and its two-hundred day simple moving average is $290.62. The firm has a market cap of $23.06 billion, a P/E ratio of 48.71, a PEG ratio of 2.77 and a beta of 1.00.

Woodward (NASDAQ:WWD) last issued its earnings results on Monday, February 2nd. The technology company reported $2.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.65 by $0.52. Woodward had a return on equity of 19.07% and a net margin of 12.89%.The company had revenue of $996.45 million for the quarter, compared to analyst estimates of $901.92 million. During the same period in the prior year, the firm earned $1.35 earnings per share. Woodward’s revenue for the quarter was up 28.8% on a year-over-year basis. Woodward has set its FY 2026 guidance at 8.200-8.600 EPS. As a group, research analysts forecast that Woodward, Inc. will post 6.15 EPS for the current fiscal year.

Woodward declared that its board has approved a stock buyback program on Thursday, November 20th that permits the company to buyback $1.80 billion in outstanding shares. This buyback authorization permits the technology company to reacquire up to 11.6% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Woodward Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Thursday, February 19th will be issued a dividend of $0.32 per share. This is an increase from Woodward’s previous quarterly dividend of $0.28. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Thursday, February 19th. Woodward’s dividend payout ratio is 16.12%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on WWD shares. The Goldman Sachs Group upped their target price on Woodward from $362.00 to $408.00 and gave the stock a “buy” rating in a research note on Tuesday, February 3rd. Jefferies Financial Group reissued a “buy” rating and issued a $450.00 target price on shares of Woodward in a report on Sunday, February 8th. Wall Street Zen raised shares of Woodward from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 10th. Truist Financial upped their price target on shares of Woodward from $366.00 to $404.00 and gave the stock a “buy” rating in a report on Tuesday, February 3rd. Finally, UBS Group raised their price objective on Woodward from $378.00 to $417.00 and gave the company a “buy” rating in a report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Woodward presently has an average rating of “Moderate Buy” and a consensus target price of $354.80.

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.