Woodward, Inc. (NASDAQ: WWD) is a technology company that specializes in energy control and optimization solutions. It serves various sectors, including aerospace and industrial markets. On February 8, 2026, Jefferies upgraded Woodward's stock to a "Buy" rating, setting a new price target of $450, up from $385. At the time, the stock was priced at $388.50.
Despite Jefferies' optimistic outlook, Thrivent Financial for Lutherans reduced its investment in Woodward by 28.7% during the third quarter. The firm sold 7,382 shares, leaving it with 18,306 shares valued at approximately $4.63 million. This move contrasts with Jefferies' upgrade, indicating differing perspectives among investors.
Meanwhile, other institutional investors have shown increased interest in Woodward. AlphaQuest LLC notably increased its stake by 300.8%, acquiring an additional 5,078 shares. Their total holdings now stand at 6,766 shares, valued at $1.71 million. This suggests confidence in Woodward's future performance despite some investors reducing their positions.
U.S. Capital Wealth Advisors LLC and Anchor Capital Advisors LLC have also made new investments in Woodward, with stakes worth $2.08 million and $246,000, respectively. These investments highlight a growing interest in Woodward's potential, aligning with Jefferies' positive outlook.
Currently, Woodward's stock is priced at $388.50, reflecting a 3.10% increase today. The stock has fluctuated between $382.58 and $392.66, with the latter marking its highest price over the past year. With a market capitalization of approximately $23.31 billion, Woodward remains a significant player in the technology sector.