Thomas A. Gendron Sells 1,000 Shares of Woodward, Inc.Common Stock (NASDAQ:WWD) Stock

Woodward, Inc.Common Stock (NASDAQ:WWD) CEO Thomas A. Gendron sold 1,000 shares of Woodward, Inc.Common Stock stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $112.50, for a total transaction of $112,500.00. Following the sale, the chief executive officer now directly owns 227,390 shares of the company’s stock, valued at approximately $25,581,375. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

NASDAQ WWD opened at $118.29 on Wednesday. The company has a quick ratio of 1.07, a current ratio of 1.80 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $6.93 billion, a P/E ratio of 24.24, a P/E/G ratio of 1.55 and a beta of 1.30. Woodward, Inc.Common Stock has a 12-month low of $68.40 and a 12-month high of $119.20. The firm has a 50-day moving average price of $109.49 and a two-hundred day moving average price of $110.11.

Woodward, Inc.Common Stock (NASDAQ:WWD) last posted its quarterly earnings data on Monday, November 18th. The technology company reported $1.22 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.29 by ($0.07). The business had revenue of $736.54 million during the quarter, compared to the consensus estimate of $746.21 million. Woodward, Inc.Common Stock had a net margin of 8.95% and a return on equity of 18.62%. The business’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.39 EPS. Equities analysts expect that Woodward, Inc.Common Stock will post 5.5 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Monday, November 18th will be issued a $0.162 dividend. This represents a $0.65 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date of this dividend is Friday, November 15th. Woodward, Inc.Common Stock’s dividend payout ratio is currently 13.32%.

Hedge funds and other institutional investors have recently bought and sold shares of the business. MUFG Americas Holdings Corp bought a new stake in shares of Woodward, Inc.Common Stock during the 3rd quarter worth approximately $108,000. First Allied Advisory Services Inc. lifted its holdings in shares of Woodward, Inc.Common Stock by 2.4% during the 3rd quarter. First Allied Advisory Services Inc. now owns 3,956 shares of the technology company’s stock worth $426,000 after acquiring an additional 93 shares during the period. Northwestern Mutual Investment Management Company LLC lifted its holdings in shares of Woodward, Inc.Common Stock by 0.6% during the 3rd quarter. Northwestern Mutual Investment Management Company LLC now owns 16,047 shares of the technology company’s stock worth $1,730,000 after acquiring an additional 103 shares during the period. Cavalier Investments LLC bought a new stake in shares of Woodward, Inc.Common Stock during the 3rd quarter worth approximately $625,000. Finally, Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of Woodward, Inc.Common Stock during the 3rd quarter worth approximately $55,000. 73.87% of the stock is owned by hedge funds and other institutional investors.

WWD has been the subject of several research analyst reports. Barrington Research downgraded shares of Woodward, Inc.Common Stock from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 20th. Wood & Company reissued a “sell” rating on shares of Woodward, Inc.Common Stock in a report on Monday, August 26th. ValuEngine raised shares of Woodward, Inc.Common Stock from a “sell” rating to a “hold” rating in a report on Tuesday, November 19th. Finally, BidaskClub raised shares of Woodward, Inc.Common Stock from a “sell” rating to a “hold” rating in a report on Friday, November 15th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the stock. Woodward, Inc.Common Stock has a consensus rating of “Hold” and an average target price of $106.75.

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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