Woodward (NASDAQ:WWD – Get Free Report) updated its FY25 earnings guidance on Monday. The company provided earnings per share guidance of $5.75-$6.25 for the period, compared to the consensus earnings per share 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 Upgrades and Downgrades
A number of equities research analysts have commented on the company. Jefferies Financial Group raised Woodward from a “hold” rating to a “buy” rating and raised their target price for the company from $170.00 to $190.00 in a report on Wednesday, July 31st. TD Cowen reaffirmed a “hold” rating and set a $160.00 price target (down previously from $186.00) on shares of Woodward in a research note on Friday, October 4th. The Goldman Sachs Group cut their price target on Woodward from $228.00 to $201.00 and set a “buy” rating for the company in a research note on Wednesday, July 31st. Deutsche Bank Aktiengesellschaft lifted their price target on Woodward from $158.00 to $162.00 and gave the stock a “hold” rating in a research note on Thursday, October 3rd. Finally, UBS Group boosted their target price on shares of Woodward from $209.00 to $228.00 and gave the company a “buy” rating in a research note on Tuesday. Six analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, Woodward currently has a consensus rating of “Hold” and an average target price of $184.67.
Check Out Our Latest Report on Woodward
Woodward Stock Up 4.5 %
Woodward Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Thursday, November 21st will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date is Thursday, November 21st. Woodward’s payout ratio is 16.64%.
Insider Buying and Selling at Woodward
In other Woodward news, COO Thomas G. Cromwell sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $174.50, for a total value of $1,745,000.00. Following the transaction, the chief operating officer now directly owns 11,511 shares of the company’s stock, valued at $2,008,669.50. This represents a 46.49 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders have sold a total of 27,913 shares of company stock valued at $4,907,304 in the last three months. Corporate insiders own 1.12% of the company’s stock.
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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