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FORT COLLINS, CO — Charles P. Blankenship, Chairman and CEO of Woodward , Inc. (NASDAQ:WWD), a $12.5 billion industrial controls manufacturer, has recently engaged in significant stock transactions, as disclosed in a recent SEC filing. According to InvestingPro data, the company maintains a GOOD financial health score and has shown strong momentum with a 24% gain year-to-date. On May 21 and May 22, Blankenship sold a total of 10,000 shares of the company’s common stock, generating approximately $2.08 million. The sale prices ranged from $204.69 to $211.58 per share, with the stock currently trading at a P/E ratio of 32.8x, which InvestingPro analysis indicates is relatively high compared to its near-term earnings growth potential.
In addition to these sales, Blankenship exercised stock options to acquire 10,000 shares at a price of $98.34 each. Following these transactions, he retains direct ownership of 73,117 shares of Woodward stock.
These transactions were carried out under a prearranged 10b5-1 trading plan, which allows insiders to set up a predetermined schedule for selling company stock to avoid any potential conflicts of interest.
In other recent news, Woodward Inc. reported its fiscal second quarter 2025 earnings, which exceeded analysts’ expectations. The company achieved an adjusted earnings per share (EPS) of $1.69, surpassing the forecasted $1.45, while revenue reached $884 million, outpacing the anticipated $838.83 million. UBS has responded to this strong performance by raising its price target for Woodward shares to $220 from $200, maintaining a Buy rating. The firm’s analysis noted that Woodward’s guidance for the second half of the fiscal year is conservative, especially regarding zero sequential revenue growth.
Woodward’s aerospace sector saw significant gains, with defense original equipment sales increasing by 52%, while commercial aftermarket sales rose by 23%. The company has revised its fiscal year 2025 sales guidance to a range of $3.375 billion to $3.500 billion and updated its adjusted EPS guidance to between $5.95 and $6.25. UBS highlighted that Woodward’s aftermarket sector experienced strength due to advanced purchases, although original equipment sales were slightly below expectations. The company’s outlook for China truck revenue was also noted as conservative, with $50 million in revenue expected versus $30 million year-to-date.
Additionally, Woodward’s aerospace margins benefited from a favorable aftermarket mix, with net prices anticipated to rise by over 3%. The company is expected to manage a gross tariff impact between $10 million to $15 million in the second half of the fiscal year’s guidance. These developments reflect Woodward’s robust operational performance and the company’s ability to navigate challenges effectively.
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