伍德沃德发布强劲财报，机构维持持有评级

Core Insights - Woodward (WWD) has demonstrated strong performance in its recent financial results, with a revenue of $996 million for Q1 FY2026, reflecting a year-over-year growth of 28.95%, and a net profit of $134 million, up 53.54% year-over-year [1] Institutional Ratings - Following the earnings report, TD Cowen maintained a "Hold" rating on the stock with a target price of $390 [2] Company Status - On November 20, 2025, the company announced a new three-year stock repurchase authorization totaling $1.8 billion, indicating its intention to return value to shareholders through a strong balance sheet [3] Future Developments - The company faces customer concentration risk, with the top five customers accounting for approximately 36% of total sales. Additionally, about 13% of the workforce in the U.S. are union members, and a collective bargaining agreement covering approximately 825 employees expired in October 2025, which may pose potential labor risks [4]