Woodward, Inc.Common Stock (NASDAQ:WWD) CEO Thomas A.Gendron sold 1,000 shares of the firm’s stock in a transaction dated Thursday, November 21st.The stock was sold at an average price of $111.18, for a total value of $111,180.00.Following the sale, the chief executive officer now directly owns 227,390 shares of the company’s stock, valued at $25,281,220.20.The transaction was disclosed in a document filed with the SEC, which is available through this link .
WWD opened at $119.00 on Thursday.Woodward, Inc.Common Stock has a fifty-two week low of $68.40 and a fifty-two week high of $119.95.The business has a 50-day moving average of $109.73 and a 200-day moving average of $110.16.
The company has a debt-to-equity ratio of 0.50, a current ratio of 1.80 and a quick ratio of 1.07.The company has a market capitalization of $7.08 billion, a PE ratio of 24.39, a price-to-earnings-growth ratio of 1.59 and a beta of 1.30.
Get Woodward Inc.Common Stock alerts: Woodward, Inc.Common Stock (NASDAQ:WWD) last issued its quarterly earnings data on Monday, November 18th.The technology company reported $1.22 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.29 by ($0.07).Woodward, Inc.Common Stock had a net margin of 8.95% and a return on equity of 18.62%.The company had revenue of $736.54 million during the quarter, compared to the consensus estimate of $746.21 million.During the same period in the previous year, the business posted $1.39 earnings per share.The firm’s revenue was up 2.4% on a year-over-year basis.
On average, equities research analysts expect that Woodward, Inc.Common Stock will post 5.5 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd.
Investors of record on Monday, November 18th will be paid a $0.162 dividend.
This represents a $0.65 dividend on an annualized basis and a dividend yield of 0.54%.The ex-dividend date is Friday, November 15th.Woodward, Inc.Common Stock’s payout ratio is 13.32%.
Several hedge funds have recently modified their holdings of WWD.Steward Partners Investment Advisory LLC raised its stake in shares of Woodward, Inc.Common Stock by 281.7% in the 3rd quarter.Steward Partners Investment Advisory LLC now owns 271 shares of the technology company’s stock valued at $29,000 after acquiring an additional 200 shares in the last quarter.
Usca Ria LLC bought a new position in shares of Woodward, Inc.Common Stock in the 3rd quarter valued at approximately $34,000.Motco bought a new position in shares of Woodward, Inc.Common Stock in the 2nd quarter valued at approximately $39,000.Harel Insurance Investments & Financial Services Ltd.bought a new position in shares of Woodward, Inc.Common Stock in the 3rd quarter valued at approximately $55,000.
Finally, FNY Investment Advisers LLC bought a new position in shares of Woodward, Inc.Common Stock in the 2nd quarter valued at approximately $80,000.73.87% of the stock is currently owned by institutional investors and hedge funds.
WWD has been the subject of a number of recent research reports.Wood & Company reaffirmed a “sell” rating on shares of Woodward, Inc.Common Stock in a research note on Monday, August 26th.ValuEngine raised Woodward, Inc.Common Stock from a “sell” rating to a “hold” rating in a research note on Tuesday, November 19th.BidaskClub raised Woodward, Inc.Common Stock from a “hold” rating to a “buy” rating in a research note on Thursday.
Finally, Barrington Research downgraded Woodward, Inc.Common Stock from an “outperform” rating to a “market perform” rating in a research note on Wednesday, November 20th.One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock.The company has an average rating of “Hold” and a consensus target price of $106.75.
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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