Woodward, Inc.Common Stock (NASDAQ:WWD) insider Thomas A. Gendron sold 24,010 shares of the business’s stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $94.48, for a total transaction of $2,268,464.80. Following the transaction, the insider now owns 234,890 shares of the company’s stock, valued at approximately $22,192,407.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

NASDAQ:WWD opened at $95.11 on Friday. The company has a market cap of $5.86 billion, a price-to-earnings ratio of 24.70, a P/E/G ratio of 1.57 and a beta of 1.46. Woodward, Inc.Common Stock has a twelve month low of $68.40 and a twelve month high of $97.39. The company has a current ratio of 1.96, a quick ratio of 1.05 and a debt-to-equity ratio of 0.63.

Woodward, Inc.Common Stock (NASDAQ:WWD) last released its earnings results on Monday, January 28th. The technology company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.22. The company had revenue of $652.80 million for the quarter, compared to the consensus estimate of $583.12 million. Woodward, Inc.Common Stock had a net margin of 8.42% and a return on equity of 18.03%. Woodward, Inc.Common Stock’s revenue was up 38.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.53 EPS. On average, equities research analysts expect that Woodward, Inc.Common Stock will post 4.62 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 5th. Stockholders of record on Tuesday, February 19th were issued a $0.1625 dividend. This is an increase from Woodward, Inc.Common Stock’s previous quarterly dividend of $0.14. This represents a $0.65 annualized dividend and a dividend yield of 0.68%. The ex-dividend date was Friday, February 15th. Woodward, Inc.Common Stock’s dividend payout ratio is 16.88%.

Several research analysts recently commented on the stock. BidaskClub lowered shares of Woodward, Inc.Common Stock from a “buy” rating to a “hold” rating in a research note on Thursday. Zacks Investment Research reiterated a “hold” rating on shares of Woodward, Inc.Common Stock in a research note on Saturday, November 17th. Wood & Company reiterated a “sell” rating on shares of Woodward, Inc.Common Stock in a research note on Thursday, December 6th. Barrington Research set a $90.00 target price on shares of Woodward, Inc.Common Stock and gave the stock a “buy” rating in a research report on Tuesday, December 11th. Finally, ValuEngine raised shares of Woodward, Inc.Common Stock from a “hold” rating to a “buy” rating in a research report on Wednesday, February 13th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $89.57.

Several hedge funds have recently added to or reduced their stakes in WWD. US Bancorp DE boosted its holdings in shares of Woodward, Inc.Common Stock by 8.8% in the 3rd quarter. US Bancorp DE now owns 22,276 shares of the technology company’s stock valued at $1,801,000 after acquiring an additional 1,808 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. boosted its holdings in shares of Woodward, Inc.Common Stock by 7.8% in the 3rd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 35,269 shares of the technology company’s stock valued at $2,852,000 after acquiring an additional 2,540 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of Woodward, Inc.Common Stock by 14.0% in the 3rd quarter. Janney Montgomery Scott LLC now owns 35,072 shares of the technology company’s stock valued at $2,836,000 after acquiring an additional 4,301 shares during the last quarter. ING Groep NV boosted its holdings in shares of Woodward, Inc.Common Stock by 43.3% in the 3rd quarter. ING Groep NV now owns 8,488 shares of the technology company’s stock valued at $686,000 after acquiring an additional 2,566 shares during the last quarter. Finally, SG Americas Securities LLC boosted its holdings in shares of Woodward, Inc.Common Stock by 139.7% in the 3rd quarter. SG Americas Securities LLC now owns 28,194 shares of the technology company’s stock valued at $2,280,000 after acquiring an additional 16,433 shares during the last quarter. 74.06% 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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