Insider Selling: Woodward, Inc.Common Stock (WWD) VP Sells 3,000 Shares of Stock

Woodward, Inc.Common Stock (NASDAQ:WWD) VP Christopher Fawzy sold 3,000 shares of the stock in a transaction dated Monday, December 3rd. The shares were sold at an average price of $85.00, for a total value of $255,000.00. Following the completion of the sale, the vice president now owns 6,506 shares of the company’s stock, valued at $553,010. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of WWD stock opened at $75.19 on Friday. The company has a current ratio of 1.89, a quick ratio of 0.96 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $4.85 billion, a PE ratio of 19.53, a PEG ratio of 1.45 and a beta of 1.33. Woodward, Inc.Common Stock has a fifty-two week low of $68.56 and a fifty-two week high of $89.30.

Woodward, Inc.Common Stock (NASDAQ:WWD) last announced its quarterly earnings data on Wednesday, November 7th. The technology company reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.08. The business had revenue of $719.40 million for the quarter, compared to analyst estimates of $689.01 million. Woodward, Inc.Common Stock had a return on equity of 16.80% and a net margin of 7.76%. The company’s revenue was up 18.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.98 earnings per share. Research analysts anticipate that Woodward, Inc.Common Stock will post 4.6 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 27th. Stockholders of record on Tuesday, November 13th were issued a $0.1425 dividend. The ex-dividend date was Friday, November 9th. This is a positive change from Woodward, Inc.Common Stock’s previous quarterly dividend of $0.14. This represents a $0.57 dividend on an annualized basis and a dividend yield of 0.76%. Woodward, Inc.Common Stock’s dividend payout ratio is currently 14.81%.

A number of equities research analysts have commented on WWD shares. BidaskClub cut Woodward, Inc.Common Stock from a “buy” rating to a “hold” rating in a research note on Friday, September 7th. Wood & Company reiterated a “buy” rating and issued a $99.00 price target on shares of Woodward, Inc.Common Stock in a research note on Wednesday, September 26th. Zacks Investment Research upgraded Woodward, Inc.Common Stock from a “sell” rating to a “hold” rating in a research note on Friday, October 5th. Barrington Research reiterated a “hold” rating on shares of Woodward, Inc.Common Stock in a research note on Tuesday, October 30th. Finally, Credit Suisse Group increased their price target on Woodward, Inc.Common Stock from $78.00 to $81.00 and gave the company a “neutral” rating in a research note on Thursday, November 8th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. Woodward, Inc.Common Stock presently has an average rating of “Hold” and a consensus target price of $87.13.

Several hedge funds have recently made changes to their positions in the company. Fifth Third Bancorp increased its holdings in shares of Woodward, Inc.Common Stock by 3.8% in the third quarter. Fifth Third Bancorp now owns 18,928 shares of the technology company’s stock valued at $1,531,000 after purchasing an additional 691 shares during the period. Thrivent Financial for Lutherans increased its holdings in shares of Woodward, Inc.Common Stock by 5.8% in the third quarter. Thrivent Financial for Lutherans now owns 13,344 shares of the technology company’s stock valued at $1,079,000 after purchasing an additional 729 shares during the period. First National Bank of Hutchinson increased its holdings in shares of Woodward, Inc.Common Stock by 9.0% in the third quarter. First National Bank of Hutchinson now owns 8,858 shares of the technology company’s stock valued at $716,000 after purchasing an additional 732 shares during the period. GAM Holding AG increased its holdings in shares of Woodward, Inc.Common Stock by 24.0% in the second quarter. GAM Holding AG now owns 3,851 shares of the technology company’s stock valued at $296,000 after purchasing an additional 746 shares during the period. Finally, Arizona State Retirement System increased its holdings in shares of Woodward, Inc.Common Stock by 2.6% in the third quarter. Arizona State Retirement System now owns 39,424 shares of the technology company’s stock valued at $3,188,000 after purchasing an additional 983 shares during the period. 73.70% of the stock is currently owned by institutional investors and hedge funds.

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About Woodward, Inc.Common Stock

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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