yahoo Press
Woodward, Inc. (WWD) Announces Agreement To Acquire Valve Research & Manufacturing Company (VRM)
Images
Woodward, Inc. (NASDAQ:WWD) is among the 10 Best Aerospace Dividend Stocks to Buy. On March 9, the company announced it had reached an agreement to acquire Valve Research & Manufacturing Company (VRM), which produces flow control valves for aerospace applications. The deal is expected to enhance Woodward’s aerospace control portfolio with the inclusion of precision electromagnetic valve solutions, including check valves, solenoid valves, and relief valves. It is also likely to open new growth opportunities for the company in commercial and defense aerospace OEM applications. According to Woodward, Inc. (NASDAQ:WWD)’s press release, the transaction is scheduled to be completed during the first half of this year. The terms of the agreement include the buyout of all outstanding VRM shares, manufacturing facilities, and real estate. Photo by Jonathan Ridley on Unsplash In other news, Woodward, Inc. (NASDAQ:WWD) continues to remain on analysts’ radar. As of the close of business on March 9, the stock is a Strong Buy with an average share price upside potential of 7%. Recent updates include Jefferies’ Sheila Kahyaoglu, on February 8, lifting the firm’s price target on the stock to $450 from $385 with a Buy rating. The adjustment followed the company’s strong Q1 2026 results with net sales surging 29% year-over-year, which the analyst believes suggests that the company’s investments were not squeezing margins. Woodward, Inc. (NASDAQ:WWD) designs, produces, and services energy conversion and control solutions for the aerospace and industrial equipment markets. While we acknowledge the potential of WWD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years. Disclosure: None. Follow Insider Monkey on Google News.