How are energy investors positioned?
FORT COLLINS, CO—Charles P. Blankenship, Chairman of the Board and CEO of Woodward , Inc. (NASDAQ:WWD), has recently executed several transactions involving the company’s common stock, according to a recent SEC filing. On May 28 and 29, Blankenship sold a total of 9,000 shares, netting approximately $2,172,811. The sales prices ranged from $215.53 to $218.88 per share, with the stock currently trading near its 52-week high of $220.05. According to InvestingPro analysis, the stock appears overvalued at current levels, with technical indicators suggesting overbought conditions.
In addition to these sales, Blankenship also exercised stock options on both days, acquiring 10,000 shares at an exercise price of $83.24 per share. This resulted in a total transaction value of $832,400 for the option exercises. The transactions come as Woodward, now valued at $12.91 billion, maintains a strong financial health score according to InvestingPro metrics, with liquid assets exceeding short-term obligations.
The sales were conducted under a Rule 10b5-1 trading plan established earlier this year, ensuring compliance with insider trading regulations. Following these transactions, Blankenship retains direct ownership of 73,117 shares of Woodward, Inc. The company has demonstrated strong performance, with returns of over 21% in the past six months and a consistent track record of maintaining dividend payments for 53 consecutive years. Discover more insights about WWD and access comprehensive analysis through InvestingPro’s detailed research reports.
In other recent news, Woodward Inc. reported its fiscal second quarter 2025 earnings, surpassing analysts’ expectations with an adjusted earnings per share (EPS) of $1.69, compared to the forecast of $1.45. Revenue also exceeded projections, reaching $884 million against the anticipated $838.83 million. The company attributed this growth to strong demand in the aerospace sector, with defense original equipment sales surging by 52% and commercial aftermarket sales rising 23%. UBS has increased its price target on Woodward shares to $220 from the previous $200, maintaining a Buy rating. The firm noted Woodward’s solid financial performance despite challenges and described the company’s guidance for the second half of the fiscal year as conservative. Truist Securities also raised its price target for Woodward to $232 from $209, retaining a Buy rating. The firm expressed confidence in Woodward’s growth trajectory, citing potential margin growth in its aerospace segment driven by increased production volumes and advancements in automation. These recent developments highlight Woodward’s robust financial performance and positive outlook within the aerospace and defense industry.
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