Woodward, Inc.Common Stock (NASDAQ:WWD) Vice Chairman Sells $1,064,500.00 in Stock

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Woodward, Inc.Common Stock (NASDAQ:WWD) Vice Chairman Robert F. Weber, Jr. sold 10,000 shares of the business’s stock in a transaction on Friday, August 16th. The shares were sold at an average price of $106.45, for a total transaction of $1,064,500.00. Following the completion of the transaction, the insider now owns 36,553 shares of the company’s stock, valued at $3,891,066.85. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

NASDAQ:WWD opened at $105.47 on Thursday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.19 and a current ratio of 2.02. The company has a fifty day moving average of $112.03 and a two-hundred day moving average of $104.68. The stock has a market capitalization of $6.58 billion, a PE ratio of 27.39, a P/E/G ratio of 1.68 and a beta of 1.34. Woodward, Inc.Common Stock has a fifty-two week low of $68.40 and a fifty-two week high of $119.20.

Woodward, Inc.Common Stock (NASDAQ:WWD) last posted its quarterly earnings data on Monday, August 5th. The technology company reported $1.30 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.17 by $0.13. The company had revenue of $752.01 million during the quarter, compared to analysts’ expectations of $699.59 million. Woodward, Inc.Common Stock had a net margin of 9.27% and a return on equity of 19.79%. The firm’s revenue for the quarter was up 27.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.12 earnings per share. Research analysts forecast that Woodward, Inc.Common Stock will post 4.91 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Tuesday, August 20th will be given a dividend of $0.162 per share. This represents a $0.65 dividend on an annualized basis and a yield of 0.61%. The ex-dividend date of this dividend is Monday, August 19th. Woodward, Inc.Common Stock’s dividend payout ratio is presently 16.88%.

A number of large investors have recently bought and sold shares of the business. Verition Fund Management LLC purchased a new stake in shares of Woodward, Inc.Common Stock in the second quarter valued at about $1,020,000. HM Payson & Co. purchased a new stake in shares of Woodward, Inc.Common Stock in the second quarter valued at about $91,000. Eaton Vance Management grew its holdings in shares of Woodward, Inc.Common Stock by 4.7% in the second quarter. Eaton Vance Management now owns 208,097 shares of the technology company’s stock valued at $23,548,000 after purchasing an additional 9,295 shares during the period. United Services Automobile Association grew its holdings in shares of Woodward, Inc.Common Stock by 19.0% in the second quarter. United Services Automobile Association now owns 10,121 shares of the technology company’s stock valued at $1,145,000 after purchasing an additional 1,614 shares during the period. Finally, Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Woodward, Inc.Common Stock in the second quarter valued at about $243,000. Institutional investors own 73.35% of the company’s stock.

Several research firms recently issued reports on WWD. SunTrust Banks reiterated a “hold” rating and issued a $110.00 target price (down from $118.00) on shares of Woodward, Inc.Common Stock in a research note on Friday, June 14th. ValuEngine cut shares of Woodward, Inc.Common Stock from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Wood & Company reiterated a “hold” rating on shares of Woodward, Inc.Common Stock in a research note on Tuesday, May 7th. Zacks Investment Research upgraded shares of Woodward, Inc.Common Stock from a “hold” rating to a “buy” rating and set a $115.00 target price for the company in a research note on Friday, May 3rd. Finally, BidaskClub cut shares of Woodward, Inc.Common Stock from a “buy” rating to a “hold” rating in a research note on Thursday, August 15th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $103.40.

Woodward, Inc.Common Stock Company Profile

Woodward, Inc designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company's Aerospace segment offers fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles; and flight deck controls, actuators, servo controls, motors, and sensors for aircraft that are used on commercial and private aircraft and rotorcraft, as well as on military fixed-wing aircraft and rotorcraft, guided weapons, and other defense systems.

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Insider Buying and Selling by Quarter for Woodward, Inc.Common Stock (NASDAQ:WWD)

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