
Woodward remains a Buy after Q3, with 28% upside to a $457 price target and robust commercial aerospace and industrial power generation growth. Q3 saw net sales up 21.2%, adjusted EPS up 43.2%, and gross margin expand to 31.5%, driven by both volume and pricing. WWD raised FY26 EPS guidance to $9.30-$9.50 and expects continued margin expansion, but Q3 Aerospace and Industrial margins included one-time benefits unlikely to recur.










