Woodward, Inc. $WWD Holdings Boosted by Alpha Wave Global LP

Alpha Wave Global LP grew its holdings in Woodward, Inc. (NASDAQ:WWD - Free Report) by 55.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 108,613 shares of the technology company's stock after purchasing an additional 38,752 shares during the period. Woodward makes up 2.9% of Alpha Wave Global LP's portfolio, making the stock its 5th biggest position. Alpha Wave Global LP owned about 0.18% of Woodward worth $26,620,000 at the end of the most recent quarter.

• Woodward: Delivering Critical Components for the Aerospace Boom

Other hedge funds and other institutional investors have also modified their holdings of the company. EverSource Wealth Advisors LLC raised its position in Woodward by 286.5% during the second quarter. EverSource Wealth Advisors LLC now owns 630 shares of the technology company's stock valued at $154,000 after buying an additional 467 shares during the period. Kilter Group LLC purchased a new position in Woodward during the 2nd quarter valued at about $39,000. Invesco Ltd. increased its holdings in shares of Woodward by 7.2% in the 2nd quarter. Invesco Ltd. now owns 407,856 shares of the technology company's stock valued at $99,961,000 after purchasing an additional 27,430 shares during the period. PharVision Advisers LLC purchased a new stake in shares of Woodward in the second quarter worth approximately $319,000. Finally, New York State Common Retirement Fund boosted its holdings in shares of Woodward by 1.5% during the second quarter. New York State Common Retirement Fund now owns 80,213 shares of the technology company's stock worth $19,659,000 after purchasing an additional 1,186 shares during the period. Institutional investors and hedge funds own 81.18% of the company's stock.

Insiders Place Their Bets

In related news, COO Thomas G. Cromwell sold 5,000 shares of the business's stock in a transaction on Monday, December 1st. The shares were sold at an average price of $299.39, for a total transaction of $1,496,950.00. Following the transaction, the chief operating officer owned 15,135 shares of the company's stock, valued at approximately $4,531,267.65. The trade was a 24.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director John D. Cohn sold 3,000 shares of the stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $296.33, for a total transaction of $888,990.00. Following the completion of the sale, the director directly owned 21,575 shares of the company's stock, valued at approximately $6,393,319.75. This trade represents a 12.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 14,750 shares of company stock worth $4,294,800 in the last ninety days. 0.82% of the stock is currently owned by insiders.

Analysts Set New Price Targets

• Is It Time to Lock in Profits on These 3 Overbought Stocks?

WWD has been the topic of several research reports. Wolfe Research set a $300.00 price objective on shares of Woodward and gave the company an "outperform" rating in a research note on Friday, October 3rd. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Woodward in a research note on Wednesday, October 8th. Alembic Global Advisors raised Woodward from a "neutral" rating to an "overweight" rating and set a $281.00 price objective for the company in a research report on Wednesday, August 20th. UBS Group upped their target price on Woodward from $329.00 to $345.00 and gave the stock a "buy" rating in a research report on Monday. Finally, Wall Street Zen raised Woodward from a "buy" rating to a "strong-buy" rating in a research note on Friday, November 28th. Eight analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $286.67.

View Our Latest Analysis on Woodward

Woodward Stock Up 3.4%

Shares of Woodward stock opened at $301.64 on Friday. Woodward, Inc. has a 12-month low of $146.82 and a 12-month high of $304.72. The company has a quick ratio of 1.36, a current ratio of 2.08 and a debt-to-equity ratio of 0.18. The stock has a 50 day moving average price of $264.64 and a two-hundred day moving average price of $249.91. The stock has a market capitalization of $18.06 billion, a P/E ratio of 41.95, a PEG ratio of 2.46 and a beta of 1.02.

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

Woodward announced that its board has authorized a share repurchase 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 repurchase up to 11.6% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

Woodward Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Thursday, November 20th were paid a $0.28 dividend. The ex-dividend date was Thursday, November 20th. This represents a $1.12 annualized dividend and a dividend yield of 0.4%. Woodward's dividend payout ratio (DPR) is presently 15.58%.

Woodward Profile

Woodward, Inc designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company operates in two segments, Aerospace and Industrial. The Aerospace segment provides fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles, and flight deck controls, actuators, servocontrols, motors, and sensors for aircraft.

Featured Stories

• Five stocks we like better than Woodward
• How to Use High Beta Stocks to Maximize Your Investing Profits
• The Trade Desk: After a 70% Plunge, This Could Be The Time to Buy
• What is the Euro STOXX 50 Index?
• Tap Into 2026 AI Infrastructure Gains With This High-Growth ETF
• 3 REITs to Buy and Hold for the Long Term
• Strong Quarter, Weak Reaction: Why GitLab Shares Dropped

Want to see what other hedge funds are holding WWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Woodward, Inc. (NASDAQ:WWD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Woodward Right Now?

Before you consider Woodward, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Woodward wasn't on the list.

While Woodward currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here