Woodward, Inc.Common Stock (WWD) Shares Sold by Carnick & Kubik Group LLC

Carnick & Kubik Group LLC lowered its stake in shares of Woodward, Inc.Common Stock (NASDAQ:WWD) by 15.7% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 13,976 shares of the technology company’s stock after selling 2,599 shares during the quarter. Carnick & Kubik Group LLC’s holdings in Woodward, Inc.Common Stock were worth $1,074,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Fisher Asset Management LLC bought a new position in Woodward, Inc.Common Stock during the 1st quarter valued at about $217,000. Zions Bancorporation bought a new position in Woodward, Inc.Common Stock during the 1st quarter valued at about $262,000. Oakbrook Investments LLC bought a new position in Woodward, Inc.Common Stock during the 2nd quarter valued at about $323,000. Diversified Trust Co lifted its stake in Woodward, Inc.Common Stock by 48.3% during the 1st quarter. Diversified Trust Co now owns 4,300 shares of the technology company’s stock valued at $308,000 after acquiring an additional 1,400 shares during the period. Finally, First Foundation Advisors bought a new position in Woodward, Inc.Common Stock during the 1st quarter valued at about $456,000. Institutional investors and hedge funds own 73.40% of the company’s stock.

Several research firms have recently commented on WWD. Barrington Research reaffirmed a “hold” rating on shares of Woodward, Inc.Common Stock in a research report on Wednesday, August 1st. Zacks Investment Research raised shares of Woodward, Inc.Common Stock from a “sell” rating to a “hold” rating and set a $91.00 price target for the company in a research report on Monday, July 23rd. ValuEngine lowered shares of Woodward, Inc.Common Stock from a “buy” rating to a “hold” rating in a research report on Friday, August 3rd. BidaskClub lowered shares of Woodward, Inc.Common Stock from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 4th. Finally, Wood & Company reaffirmed a “hold” rating on shares of Woodward, Inc.Common Stock in a research report on Monday, July 30th. Eight research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $80.00.

In related news, Director Paul Donovan sold 11,400 shares of the stock in a transaction that occurred on Tuesday, June 5th. The shares were sold at an average price of $76.32, for a total value of $870,048.00. Following the completion of the sale, the director now directly owns 49,734 shares of the company’s stock, valued at approximately $3,795,698.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Chad Robert Preiss sold 7,000 shares of the stock in a transaction that occurred on Monday, May 21st. The stock was sold at an average price of $76.22, for a total transaction of $533,540.00. The disclosure for this sale can be found here. Corporate insiders own 6.17% of the company’s stock.

Woodward, Inc.Common Stock opened at $80.21 on Friday, according to MarketBeat. Woodward, Inc.Common Stock has a 52 week low of $65.76 and a 52 week high of $89.30. The stock has a market cap of $4.83 billion, a PE ratio of 25.38, a price-to-earnings-growth ratio of 1.68 and a beta of 1.31. The company has a quick ratio of 1.01, a current ratio of 2.11 and a debt-to-equity ratio of 0.83.

Woodward, Inc.Common Stock (NASDAQ:WWD) last released its quarterly earnings results on Monday, July 30th. The technology company reported $1.12 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.00 by $0.12. Woodward, Inc.Common Stock had a net margin of 7.59% and a return on equity of 15.40%. The firm had revenue of $588.00 million during the quarter, compared to analyst estimates of $578.51 million. During the same quarter in the prior year, the firm earned $0.85 EPS. The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. sell-side analysts forecast that Woodward, Inc.Common Stock will post 3.8 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 4th. Investors of record on Tuesday, August 21st will be issued a $0.142 dividend. This represents a $0.57 annualized dividend and a yield of 0.71%. The ex-dividend date is Monday, August 20th. Woodward, Inc.Common Stock’s dividend payout ratio is 18.04%.

About Woodward, Inc.Common Stock

Woodward, Inc engages in the provision of control system solutions and components for the aerospace and industrial markets. It operates through the Aerospace and Industrial segments. The Aerospace segment designs, manufactures, and services systems and products for the management of fuel, air, combustion and motion control.

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Institutional Ownership by Quarter for Woodward, Inc.Common Stock (NASDAQ:WWD)

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