Ieq Capital LLC Acquires New Position in Woodward, Inc. $WWD

Ieq Capital LLC bought a new position in Woodward, Inc. (NASDAQ:WWDFree Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 22,150 shares of the technology company’s stock, valued at approximately $9,424,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Elevation Wealth Partners LLC grew its position in Woodward by 550.0% during the second quarter. Elevation Wealth Partners LLC now owns 91 shares of the technology company’s stock valued at $39,000 after acquiring an additional 77 shares during the last quarter. Parallel Advisors LLC raised its stake in shares of Woodward by 82.5% during the first quarter. Parallel Advisors LLC now owns 115 shares of the technology company’s stock worth $41,000 after acquiring an additional 52 shares in the last quarter. Aster Capital Management DIFC Ltd bought a new stake in shares of Woodward in the 4th quarter worth approximately $35,000. Persistent Asset Partners Ltd bought a new stake in shares of Woodward in the 2nd quarter worth approximately $65,000. Finally, Kilter Group LLC purchased a new stake in shares of Woodward in the 2nd quarter valued at $68,000. Hedge funds and other institutional investors own 81.18% of the company’s stock.

Woodward Stock Up 0.3%

Shares of Woodward stock opened at $343.26 on Friday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.14 and a current ratio of 1.65. Woodward, Inc. has a 52-week low of $233.31 and a 52-week high of $450.92. The company’s 50 day moving average price is $395.86 and its 200-day moving average price is $380.66. The stock has a market capitalization of $20.27 billion, a price-to-earnings ratio of 38.18, a P/E/G ratio of 2.01 and a beta of 0.88.

Woodward (NASDAQ:WWDGet Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The technology company reported $2.52 EPS for the quarter, beating analysts’ consensus estimates of $2.44 by $0.08. The company had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.11 billion. Woodward had a net margin of 13.17% and a return on equity of 21.89%. The firm’s revenue was up 21.2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.76 EPS. Woodward has set its FY 2026 guidance at 9.300-9.500 EPS. Equities research analysts forecast that Woodward, Inc. will post 9.46 EPS for the current year.

Woodward Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Woodward’s dividend payout ratio is 14.24%.

Analysts Set New Price Targets

WWD has been the topic of several recent research reports. Susquehanna assumed coverage on shares of Woodward in a report on Tuesday, May 26th. They set a “positive” rating and a $423.00 target price on the stock. TD Cowen boosted their price target on shares of Woodward from $390.00 to $420.00 and gave the stock a “hold” rating in a research note on Monday, July 13th. Truist Financial upped their price target on shares of Woodward from $415.00 to $420.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Woodward in a research note on Friday, July 17th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $470.00 target price on shares of Woodward in a research note on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $419.00.

Get Our Latest Report on WWD

More Woodward News

Here are the key news stories impacting Woodward this week:

  • Positive Sentiment: Higher long-term earnings forecasts: Zacks Research raised its FY2026 EPS estimate to $9.46 from $9.18, FY2027 to $10.35 from $10.30, and FY2028 to $12.00 from $11.55. The firm also increased estimates for several individual quarters, supporting the view that Woodward’s earnings growth may remain strong. Zacks nevertheless maintains a “Hold” rating. Woodward analyst estimates
  • Positive Sentiment: Recent operating momentum provides support: Woodward’s latest quarterly results exceeded EPS expectations, with adjusted earnings of $2.52 versus the $2.44 consensus estimate. Revenue reached approximately $1.11 billion and increased 21.2% year over year, while full-year FY2026 guidance remains $9.30 to $9.50 in EPS.
  • Neutral Sentiment: $450 million private debt placement: On August 19, Woodward entered an agreement to privately place $450 million of senior unsecured notes. The financing may provide capital for corporate purposes and maintain financial flexibility, but the announcement did not disclose a specific use of proceeds. Woodward privately places senior unsecured notes
  • Negative Sentiment: Some quarterly estimates were reduced: Zacks trimmed its Q3 2027 EPS forecast to $2.77 from $2.82 and its Q4 2027 forecast to $2.77 from $2.86. The reductions are modest, but they temper the otherwise favorable revisions.
  • Negative Sentiment: Additional interest obligations: The new senior unsecured notes will increase Woodward’s debt and future interest expense. Although the company has relatively moderate leverage, investors may view the financing as a risk if the proceeds do not generate sufficient returns.

Insider Activity

In other news, EVP Shawn M. Mclevige sold 2,150 shares of the stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $356.82, for a total transaction of $767,163.00. Following the completion of the sale, the executive vice president directly owned 3,098 shares in the company, valued at approximately $1,105,428.36. This represents a 40.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Daniel G. Korte sold 14,700 shares of the firm’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $356.05, for a total value of $5,233,935.00. Following the completion of the sale, the director directly owned 4,434 shares in the company, valued at $1,578,725.70. The trade was a 76.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.71% of the company’s stock.

Woodward Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Woodward (NASDAQ:WWD)

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