Woodward (NASDAQ:WWD – Get Free Report) updated its FY25 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of $5.75-$6.25 for the period, compared to the consensus estimate of $5.85. The company issued revenue guidance of $3.30-$3.50 billion, compared to the consensus revenue estimate of $3.38 billion. Woodward also updated its FY 2025 guidance to 5.750-6.250 EPS.
Analyst Ratings Changes
Several research firms have recently weighed in on WWD. TD Cowen reissued a “hold” rating and issued a $160.00 price objective (down from $186.00) on shares of Woodward in a research report on Friday, October 4th. Jefferies Financial Group upgraded shares of Woodward from a “hold” rating to a “buy” rating and raised their price target for the stock from $170.00 to $190.00 in a research report on Wednesday, July 31st. UBS Group boosted their price target on Woodward from $209.00 to $228.00 and gave the company a “buy” rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Woodward from $158.00 to $162.00 and gave the company a “hold” rating in a report on Thursday, October 3rd. Finally, Truist Financial reaffirmed a “buy” rating and set a $226.00 price objective (up from $187.00) on shares of Woodward in a report on Tuesday. Six analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Woodward currently has an average rating of “Hold” and a consensus price target of $184.67.
View Our Latest Analysis on WWD
Woodward Stock Down 4.4 %
Woodward Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Thursday, November 21st will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date of this dividend is Thursday, November 21st. Woodward’s dividend payout ratio is currently 16.64%.
Insider Buying and Selling at Woodward
In other news, COO Thomas G. Cromwell sold 10,000 shares of the company’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $177.65, for a total transaction of $1,776,500.00. Following the transaction, the chief operating officer now owns 11,511 shares of the company’s stock, valued at $2,044,929.15. This represents a 46.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. In the last 90 days, insiders sold 27,913 shares of company stock worth $4,907,304. 1.12% of the stock is currently owned by corporate insiders.
Woodward Company 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.
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