Mary L. Petrovich Sells 3,577 Shares of Woodward, Inc.Common Stock (NASDAQ:WWD) Stock

Woodward, Inc.Common Stock (NASDAQ:WWD) Director Mary L. Petrovich sold 3,577 shares of the company’s stock in a transaction dated Friday, August 9th. The shares were sold at an average price of $107.23, for a total transaction of $383,561.71. Following the transaction, the director now owns 6,015 shares in the company, valued at approximately $644,988.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of NASDAQ WWD opened at $104.39 on Friday. The firm’s 50-day moving average price is $112.89 and its 200-day moving average price is $104.48. Woodward, Inc.Common Stock has a 1-year low of $68.40 and a 1-year high of $119.20. The firm has a market capitalization of $6.52 billion, a P/E ratio of 27.11, a P/E/G ratio of 1.69 and a beta of 1.34. The company has a current ratio of 2.02, a quick ratio of 1.19 and a debt-to-equity ratio of 0.59.

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

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 3rd. Investors of record on Tuesday, August 20th will be issued a $0.162 dividend. The ex-dividend date is Monday, August 19th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 0.62%. Woodward, Inc.Common Stock’s dividend payout ratio is presently 16.88%.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Crossmark Global Holdings Inc. raised its holdings in shares of Woodward, Inc.Common Stock by 1.5% in the 1st quarter. Crossmark Global Holdings Inc. now owns 6,725 shares of the technology company’s stock worth $638,000 after acquiring an additional 100 shares during the last quarter. State Treasurer State of Michigan raised its holdings in shares of Woodward, Inc.Common Stock by 0.5% in the 1st quarter. State Treasurer State of Michigan now owns 19,900 shares of the technology company’s stock worth $1,888,000 after acquiring an additional 100 shares during the last quarter. Allianz Asset Management GmbH raised its holdings in shares of Woodward, Inc.Common Stock by 5.2% in the 2nd quarter. Allianz Asset Management GmbH now owns 2,543 shares of the technology company’s stock worth $288,000 after acquiring an additional 126 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of Woodward, Inc.Common Stock by 0.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 34,347 shares of the technology company’s stock worth $3,259,000 after acquiring an additional 147 shares during the last quarter. Finally, CIBC Private Wealth Group LLC raised its holdings in shares of Woodward, Inc.Common Stock by 1.8% in the 1st quarter. CIBC Private Wealth Group LLC now owns 8,497 shares of the technology company’s stock worth $806,000 after acquiring an additional 152 shares during the last quarter. Institutional investors own 75.18% of the company’s stock.

WWD has been the topic of several research reports. BidaskClub lowered shares of Woodward, Inc.Common Stock from a “buy” rating to a “hold” rating in a report on Thursday. Zacks Investment Research upgraded shares of Woodward, Inc.Common Stock from a “hold” rating to a “buy” rating and set a $115.00 price objective on the stock in a report on Friday, May 3rd. Barrington Research set a $110.00 price objective on shares of Woodward, Inc.Common Stock and gave the company a “buy” rating in a report on Tuesday, April 23rd. Wood & Company reiterated a “hold” rating on shares of Woodward, Inc.Common Stock in a report on Tuesday, May 7th. Finally, ValuEngine lowered shares of Woodward, Inc.Common Stock from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $103.40.

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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