By otakuyassine3@gmail.com 
Woodward (NASDAQ:WWD – Get Free Report) posted its quarterly earnings results on Monday. The technology company reported $1.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.21, RTT News reports. Woodward had a net margin of 11.22% and a return on equity of 17.13%. During the same quarter last year, the business earned $1.45 earnings per share. Woodward updated its FY 2025 guidance to 5.850-6.250 EPS.
Woodward Trading Up 1.4 %
WWD stock traded up $2.65 during trading on Monday, reaching $187.90. The company had a trading volume of 1,083,374 shares, compared to its average volume of 441,475. Woodward has a 52 week low of $133.56 and a 52 week high of $201.64. The business has a 50 day moving average of $178.99 and a 200 day moving average of $170.42. The company has a market cap of $11.11 billion, a P/E ratio of 31.26, a PEG ratio of 2.36 and a beta of 1.40. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.89 and a quick ratio of 1.23.
Woodward Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 20th will be paid a $0.28 dividend. This is an increase from Woodward’s previous quarterly dividend of $0.25. This represents a $1.12 dividend on an annualized basis and a yield of 0.60%. Woodward’s dividend payout ratio is presently 16.64%.
Analysts Set New Price Targets
Several equities analysts have recently commented on the stock. StockNews.com raised shares of Woodward from a “hold” rating to a “buy” rating in a research note on Monday, December 2nd. UBS Group upped their price objective on shares of Woodward from $209.00 to $228.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Truist Financial upped their price objective on shares of Woodward from $226.00 to $229.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th. Barclays upped their price objective on shares of Woodward from $175.00 to $200.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 3rd. Finally, Wells Fargo & Company lowered their price objective on shares of Woodward from $197.00 to $193.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 8th. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, Woodward currently has an average rating of “Moderate Buy” and an average target price of $195.38.
Check Out Our Latest Stock Report on Woodward
Insider Buying and Selling at Woodward
In other Woodward news, COO Thomas G. Cromwell sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $174.50, for a total transaction of $1,745,000.00. Following the completion of the transaction, the chief operating officer now owns 11,511 shares of the company’s stock, valued at approximately $2,008,669.50. This trade represents a 46.49 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director John D. Cohn sold 2,400 shares of the firm’s stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $179.57, for a total transaction of $430,968.00. Following the transaction, the director now directly owns 20,963 shares of the company’s stock, valued at $3,764,325.91. This represents a 10.27 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 60,313 shares of company stock valued at $10,752,072. Corporate insiders own 0.82% of the company’s stock.
About Woodward
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.
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