FY2027 EPS Estimates for Woodward Reduced by Zacks Research

Woodward, Inc. (NASDAQ:WWD) – Analysts at Zacks Research cut their FY2027 earnings per share estimates for shares of Woodward in a research note issued on Wednesday, April 22nd. Zacks Research analyst Team now anticipates that the technology company will earn $9.67 per share for the year, down from their previous estimate of $9.68. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Woodward’s current full-year earnings is $8.51 per share.

Woodward (NASDAQ:WWD) last announced its earnings results on Monday, February 2nd. The technology company reported $2.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.52. Woodward had a return on equity of 19.07% and a net margin of 12.89%.The firm had revenue of $996.45 million during the quarter, compared to analyst estimates of $901.92 million. During the same quarter in the prior year, the company earned $1.35 EPS. The business’s revenue was up 28.8% compared to the same quarter last year. Woodward has set its FY 2026 guidance at 8.200-8.600 EPS.

A number of other research analysts have also weighed in on the company. Wells Fargo & Company assumed coverage on Woodward in a research report on Wednesday, April 1st. They set an “overweight” rating and a $440.00 price objective for the company. Wall Street Zen raised Woodward from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 10th. Royal Bank Of Canada assumed coverage on Woodward in a research report on Thursday, April 16th. They set an “outperform” rating and a $450.00 price objective for the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Woodward in a research report on Monday. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Woodward from $430.00 to $445.00 and gave the company a “buy” rating in a research report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Woodward currently has a consensus rating of “Moderate Buy” and an average target price of $385.91.

Woodward Stock Up 0.3%

WWD stock opened at $367.52 on Thursday. Woodward has a twelve month low of $174.52 and a twelve month high of $407.00. The company has a quick ratio of 1.36, a current ratio of 2.05 and a debt-to-equity ratio of 0.18. The firm has a market cap of $21.91 billion, a PE ratio of 46.29, a price-to-earnings-growth ratio of 2.62 and a beta of 0.98. The business has a 50 day moving average of $378.96 and a 200 day moving average of $326.11.

Woodward Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 5th. Shareholders of record on Thursday, February 19th were paid a dividend of $0.32 per share. The ex-dividend date was Thursday, February 19th. This represents a $1.28 annualized dividend and a yield of 0.3%. This is a positive change from Woodward’s previous quarterly dividend of $0.28. Woodward’s dividend payout ratio (DPR) is 16.12%.

Insiders Place Their Bets

In other Woodward news, Director Eileen P. Paterson sold 5,200 shares of the stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $378.15, for a total transaction of $1,966,380.00. Following the sale, the director directly owned 2,538 shares in the company, valued at approximately $959,744.70. This trade represents a 67.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Shawn M. Mclevige sold 1,850 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $384.37, for a total value of $711,084.50. Following the completion of the transaction, the executive vice president owned 3,095 shares in the company, valued at approximately $1,189,625.15. This trade represents a 37.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 26,925 shares of company stock valued at $10,203,160. 0.71% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Woodward

Institutional investors and hedge funds have recently modified their holdings of the company. Ameriflex Group Inc. purchased a new position in shares of Woodward in the 3rd quarter worth $26,000. Root Financial Partners LLC purchased a new position in shares of Woodward in the 3rd quarter worth $27,000. SJS Investment Consulting Inc. boosted its stake in shares of Woodward by 1,766.7% in the 3rd quarter. SJS Investment Consulting Inc. now owns 112 shares of the technology company’s stock worth $28,000 after buying an additional 106 shares during the last quarter. Aster Capital Management DIFC Ltd purchased a new position in shares of Woodward in the 4th quarter worth $35,000. Finally, Financial Perspectives Inc purchased a new position in shares of Woodward in the 3rd quarter worth $30,000. 81.18% of the stock is currently owned by hedge funds and other institutional investors.

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.