Eisler Capital Management Ltd. Buys Shares of 67,340 Woodward, Inc. (NASDAQ:WWD)

Eisler Capital Management Ltd. purchased a new position in Woodward, Inc. (NASDAQ:WWD) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 67,340 shares of the technology company’s stock, valued at approximately $11,551,000. Woodward comprises approximately 0.1% of Eisler Capital Management Ltd.’s portfolio, making the stock its 21st largest position.

Other large investors have also recently made changes to their positions in the company. Berbice Capital Management LLC purchased a new position in Woodward in the 4th quarter valued at $33,000. NBT Bank N A NY acquired a new stake in shares of Woodward in the fourth quarter valued at about $34,000. Mather Group LLC. lifted its stake in shares of Woodward by 44.8% in the fourth quarter. Mather Group LLC. now owns 278 shares of the technology company’s stock worth $46,000 after buying an additional 86 shares in the last quarter. R Squared Ltd acquired a new position in Woodward during the fourth quarter worth about $57,000. Finally, Global Retirement Partners LLC grew its stake in Woodward by 94.2% during the 4th quarter. Global Retirement Partners LLC now owns 371 shares of the technology company’s stock valued at $62,000 after acquiring an additional 180 shares in the last quarter. 81.18% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Woodward news, COO Thomas G. Cromwell sold 10,000 shares of Woodward stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $184.50, for a total value of $1,845,000.00. Following the transaction, the chief operating officer now directly owns 15,477 shares in the company, valued at approximately $2,855,506.50. The trade was a 39.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Gregg C. Sengstack sold 4,600 shares of the stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $187.86, for a total transaction of $864,156.00. Following the sale, the director now owns 17,450 shares of the company’s stock, valued at $3,278,157. This trade represents a 20.86 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 30,700 shares of company stock worth $5,751,700 in the last ninety days. 0.82% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. StockNews.com upgraded Woodward from a “hold” rating to a “buy” rating in a research report on Tuesday, April 29th. UBS Group raised their price target on Woodward from $200.00 to $220.00 and gave the stock a “buy” rating in a research report on Tuesday, April 29th. Wells Fargo & Company boosted their price objective on Woodward from $175.00 to $193.00 and gave the company an “equal weight” rating in a report on Wednesday, April 30th. Truist Financial boosted their price target on shares of Woodward from $205.00 to $209.00 and gave the stock a “buy” rating in a research note on Tuesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft set a $187.00 price objective on shares of Woodward and gave the company a “hold” rating in a report on Monday, April 14th. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $195.00.

Woodward Trading Up 0.7 %

Shares of NASDAQ:WWD opened at $195.60 on Friday. Woodward, Inc. has a 52 week low of $145.98 and a 52 week high of $201.64. The company’s 50 day moving average is $179.26 and its two-hundred day moving average is $178.85. The company has a market cap of $11.61 billion, a PE ratio of 32.76, a P/E/G ratio of 2.37 and a beta of 1.24. The company has a current ratio of 1.89, a quick ratio of 1.19 and a debt-to-equity ratio of 0.22.

Woodward (NASDAQ:WWD) last released its quarterly earnings data on Monday, April 28th. The technology company reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.25. The business had revenue of $883.63 million during the quarter, compared to analysts’ expectations of $838.61 million. Woodward had a return on equity of 16.76% and a net margin of 11.18%. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.62 EPS. Equities analysts predict that Woodward, Inc. will post 6.15 earnings per share for the current fiscal year.

Woodward Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, May 22nd will be given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.57%. The ex-dividend date of this dividend is Thursday, May 22nd. Woodward’s dividend payout ratio (DPR) is 18.09%.

Woodward Profile

Woodward, Inc designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company operates in two segments, Aerospace and Industrial. The Aerospace segment provides 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, servocontrols, motors, and sensors for aircraft.