Beirne Wealth Consulting Services LLC Takes Position in Woodward, Inc. $WWD

Beirne Wealth Consulting Services LLC acquired a new position in Woodward, Inc. (NASDAQ:WWD) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,900 shares of the technology company’s stock, valued at approximately $986,000.

Other large investors have also recently made changes to their positions in the company. Root Financial Partners LLC purchased a new stake in shares of Woodward during the third quarter valued at about $27,000. SJS Investment Consulting Inc. boosted its stake in Woodward by 1,766.7% in the third quarter. SJS Investment Consulting Inc. now owns 112 shares of the technology company’s stock valued at $28,000 after acquiring an additional 106 shares in the last quarter. Financial Perspectives Inc purchased a new position in Woodward in the third quarter worth $30,000. Kilter Group LLC acquired a new position in shares of Woodward during the second quarter worth $39,000. Finally, True Wealth Design LLC lifted its holdings in shares of Woodward by 627.3% during the 3rd quarter. True Wealth Design LLC now owns 160 shares of the technology company’s stock valued at $40,000 after purchasing an additional 138 shares during the last quarter. 81.18% of the stock is owned by institutional investors.

Insider Buying and Selling at Woodward

In other news, Director John D. Cohn sold 3,000 shares of the stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $296.33, for a total value of $888,990.00. Following the completion of the sale, the director owned 21,575 shares of the company’s stock, valued at $6,393,319.75. This represents a 12.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Gregg C. Sengstack sold 7,000 shares of Woodward stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $300.76, for a total transaction of $2,105,320.00. Following the sale, the director directly owned 9,610 shares in the company, valued at approximately $2,890,303.60. The trade was a 42.14% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 47,450 shares of company stock valued at $14,706,235. Insiders own 0.71% of the company’s stock.

Woodward Price Performance

Shares of Woodward stock opened at $379.39 on Tuesday. The firm has a market cap of $22.62 billion, a PE ratio of 47.78, a P/E/G ratio of 2.69 and a beta of 1.00. The business has a 50-day moving average price of $329.00 and a 200 day moving average price of $282.40. The company has a quick ratio of 1.36, a current ratio of 2.05 and a debt-to-equity ratio of 0.18. Woodward, Inc. has a twelve month low of $146.82 and a twelve month high of $403.31.

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, beating analysts’ consensus estimates of $1.65 by $0.52. The firm had revenue of $996.45 million for the quarter, compared to analyst estimates of $901.92 million. Woodward had a return on equity of 19.07% and a net margin of 12.89%.The business’s revenue was up 28.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.35 EPS. Woodward has set its FY 2026 guidance at 8.200-8.600 EPS. Sell-side analysts predict that Woodward, Inc. will post 6.15 earnings per share for the current fiscal year.

Woodward announced that its board has initiated a share repurchase plan on Thursday, November 20th that authorizes the company to repurchase $1.80 billion in outstanding shares. This repurchase authorization authorizes the technology company to repurchase up to 11.6% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Woodward Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Thursday, February 19th will be paid a $0.32 dividend. The ex-dividend date of this dividend is Thursday, February 19th. This represents a $1.28 annualized dividend and a yield of 0.3%. This is an increase from Woodward’s previous quarterly dividend of $0.28. Woodward’s dividend payout ratio is currently 14.11%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on WWD. Wall Street Zen upgraded Woodward from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 10th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Woodward from $430.00 to $445.00 and gave the company a “buy” rating in a report on Monday, February 9th. Truist Financial raised their target price on Woodward from $366.00 to $404.00 and gave the stock a “buy” rating in a research note on Tuesday, February 3rd. The Goldman Sachs Group lifted their price target on Woodward from $362.00 to $408.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. Finally, Jefferies Financial Group reissued a “buy” rating and set a $450.00 price target on shares of Woodward in a research report on Sunday, February 8th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $354.80.

Woodward 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.