Trade Woodward Inc - WWD CFD

Woodward Company profile

About Woodward Inc

Woodward, Inc. is an independent designer, manufacturer, and service provider of control solutions. The Company operates through two segments: Aerospace and Industrial. Its Aerospace segment designs, manufactures and services systems and products for the management of fuel, air, and combustion and motion control. These products include fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles, as well as flight deck controls, actuators, servocontrols, motors and sensors for aircraft. Its Industrial segment designs, produces and services systems and products for the management of fuel, air, fluids, gases, motion, combustion and electricity. These products include actuators, valves, pumps, fuel injection systems, solenoids, ignition systems, speed controls, electronics and software, and sensors. It also provide aftermarket repair, maintenance, replacement and other services.

Financial summary

BRIEF: For the three months ended 31 December 2021, Woodward Inc revenues increased 1% to $541.6M. Net income decreased 27% to $30.3M. Revenues reflect Aerospace segment increase of 5% to $336.4M. Net income was offset by Selling, general and administrative exp. increase of 11% to $62.3M (expense), Other components of net periodic pension decrease of 21% to $2.9M (income). Dividend per share increased from $0.08 to $0.16.

Equity composition

Common $.001455 Par, 03/11, 150M auth., 72,960,000 issd., less 4,536,000 shs. in Treas. @ $121.6M. Insiders & Strategic Own 14.07%. PO: NA. 2/97, 4x-for-1 stock split; 1/88, 2-for-1 stock split. 02/06, 3-for-1 stock split. 02/08, 2-for-1 stock split.