Savant Capital LLC trimmed its stake in Woodward, Inc.Common Stock (NASDAQ:WWD) by 0.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 54,701 shares of the technology company’s stock after selling 381 shares during the quarter. Woodward, Inc.Common Stock makes up 0.9% of Savant Capital LLC’s holdings, making the stock its 27th largest holding. Savant Capital LLC owned about 0.09% of Woodward, Inc.Common Stock worth $4,064,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Private Capital Group LLC lifted its position in shares of Woodward, Inc.Common Stock by 437.6% in the fourth quarter. Private Capital Group LLC now owns 500 shares of the technology company’s stock worth $37,000 after buying an additional 407 shares during the last quarter. SeaBridge Investment Advisors LLC acquired a new stake in shares of Woodward, Inc.Common Stock in the fourth quarter worth about $59,000. Quantamental Technologies LLC bought a new position in shares of Woodward, Inc.Common Stock in the fourth quarter worth about $80,000. HighPoint Advisor Group LLC bought a new position in shares of Woodward, Inc.Common Stock in the third quarter worth about $218,000. Finally, Wealthquest Corp bought a new position in shares of Woodward, Inc.Common Stock in the fourth quarter worth about $222,000. Institutional investors and hedge funds own 76.82% of the company’s stock.
A number of equities analysts have recently commented on WWD shares. Zacks Investment Research upgraded Woodward, Inc.Common Stock from a “hold” rating to a “buy” rating and set a $82.00 price objective on the stock in a research note on Saturday, January 12th. Barrington Research set a $90.00 price objective on Woodward, Inc.Common Stock and gave the stock a “buy” rating in a research note on Tuesday, December 11th. BidaskClub upgraded Woodward, Inc.Common Stock from a “hold” rating to a “buy” rating in a research note on Wednesday, November 7th. SunTrust Banks upgraded Woodward, Inc.Common Stock from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $80.00 to $96.00 in a research note on Tuesday, November 20th. Finally, Wood & Company restated a “hold” rating on shares of Woodward, Inc.Common Stock in a research note on Thursday, November 8th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $89.57.
Shares of WWD opened at $90.32 on Monday. Woodward, Inc.Common Stock has a 12-month low of $68.40 and a 12-month high of $91.39. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.05 and a current ratio of 1.96. The stock has a market cap of $5.58 billion, a P/E ratio of 23.46, a PEG ratio of 1.52 and a beta of 1.43.
Woodward, Inc.Common Stock (NASDAQ:WWD) last issued its quarterly earnings results on Monday, January 28th. The technology company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.22. Woodward, Inc.Common Stock had a return on equity of 18.03% and a net margin of 8.42%. The firm had revenue of $652.80 million for the quarter, compared to analyst estimates of $583.12 million. During the same period in the previous year, the company posted $0.53 earnings per share. The company’s quarterly revenue was up 38.9% compared to the same quarter last year. Analysts anticipate that Woodward, Inc.Common Stock will post 4.62 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 5th. Stockholders of record on Tuesday, February 19th will be paid a $0.1625 dividend. This is a positive change from Woodward, Inc.Common Stock’s previous quarterly dividend of $0.14. This represents a $0.65 annualized dividend and a dividend yield of 0.72%. The ex-dividend date of this dividend is Friday, February 15th. Woodward, Inc.Common Stock’s dividend payout ratio is currently 14.81%.
In other news, insider Thomas A. Gendron sold 20,500 shares of the business’s stock in a transaction that occurred on Thursday, February 7th. The stock was sold at an average price of $89.75, for a total value of $1,839,875.00. Following the transaction, the insider now directly owns 234,890 shares of the company’s stock, valued at approximately $21,081,377.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Thomas A. Gendron sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, November 19th. The stock was sold at an average price of $80.87, for a total value of $80,870.00. Following the completion of the transaction, the chief executive officer now directly owns 227,390 shares in the company, valued at $18,389,029.30. The disclosure for this sale can be found here. Over the last quarter, insiders sold 88,225 shares of company stock worth $7,697,225. Corporate insiders own 4.61% of the company’s stock.
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Woodward, Inc.Common Stock 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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