Woodward, Inc. (WWD): Among the Best Aerospace and Defense Stocks to Buy According to Hedge Funds

Woodward, Inc. (NASDAQ:WWD) is among the 10 Best Aerospace and Defense Stocks to Buy According to Hedge Funds. Institutional investors’ interest in the stock continues to grow, with 76 hedge funds holding a stake in the company as of Q1 2026, up from 69 in the previous quarter.

Woodward, Inc. (WWD): Among the Best Aerospace and Defense Stocks to Buy According to Hedge Funds

Wall Street has a Strong Buy rating on its shares with an average share price upside potential of 22%, as of the close on June 5.

Recent updates include Susquehanna, which on May 26 initiated coverage on Woodward, Inc. (NASDAQ:WWD) with a Positive rating and a price target of $423. The firm’s analyst Charles Minervino told investors in a research note that the company is expected to expand its revenue by 12% and free cash flow by 24% per annum through 2028.

According to TipRanks, Susquehanna noted the company’s ‘strong exposure’ to Airbus and Boeing, while adding that its robust commercial aerospace backlog, utilization improvement, and a shift from hydraulic systems to electrification were likely to drive growth.

In other news, on April 29, the company reported a 23% increase in second-quarter net sales to $1.1 billion. Earnings per share came in at $2.19, up 23% year-over-year, and surpassing Wall Street’s expectations. Following the upbeat results, the management lifted its sales and profit guidance for the full year.

Woodward, Inc. (NASDAQ:WWD) designs, produces, and services energy conversion and control solutions for the aerospace and industrial equipment markets.

While we acknowledge the risk and potential of WWD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than WWD and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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