Woodward, Inc.Common Stock (WWD) Insider Thomas A. Gendron Sells 4,500 Shares

Woodward, Inc.Common Stock (NASDAQ:WWD) insider Thomas A. Gendron sold 4,500 shares of the firm’s stock in a transaction on Tuesday, December 4th. The stock was sold at an average price of $82.51, for a total value of $371,295.00. Following the transaction, the insider now owns 229,890 shares in the company, valued at approximately $18,968,223.90. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Shares of WWD stock traded down $1.00 during trading hours on Friday, reaching $76.29. The company’s stock had a trading volume of 8,897 shares, compared to its average volume of 209,593. The company has a market cap of $4.85 billion, a PE ratio of 19.85, a P/E/G ratio of 1.45 and a beta of 1.33. Woodward, Inc.Common Stock has a fifty-two week low of $68.56 and a fifty-two week high of $89.30. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.96 and a current ratio of 1.89.

Woodward, Inc.Common Stock (NASDAQ:WWD) last issued its earnings results on Wednesday, November 7th. The technology company reported $1.39 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.31 by $0.08. The firm had revenue of $719.40 million for the quarter, compared to the consensus estimate of $689.01 million. Woodward, Inc.Common Stock had a return on equity of 16.80% and a net margin of 7.76%. The company’s revenue was up 18.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.98 EPS. On average, equities analysts predict that Woodward, Inc.Common Stock will post 4.6 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 27th. Shareholders of record on Tuesday, November 13th were issued a $0.1425 dividend. This represents a $0.57 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date was Friday, November 9th. This is an increase from Woodward, Inc.Common Stock’s previous quarterly dividend of $0.14. Woodward, Inc.Common Stock’s dividend payout ratio (DPR) is currently 14.81%.

Several hedge funds have recently modified their holdings of WWD. HighPoint Advisor Group LLC acquired a new stake in shares of Woodward, Inc.Common Stock during the 3rd quarter valued at $218,000. Associated Banc Corp acquired a new stake in shares of Woodward, Inc.Common Stock during the 3rd quarter valued at $279,000. First Hawaiian Bank acquired a new stake in shares of Woodward, Inc.Common Stock during the 3rd quarter valued at $287,000. Jane Street Group LLC acquired a new stake in shares of Woodward, Inc.Common Stock during the 2nd quarter valued at $283,000. Finally, Zions Bancorporation acquired a new stake in shares of Woodward, Inc.Common Stock during the 3rd quarter valued at $304,000. 73.70% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts have commented on the company. Wood & Company restated a “sell” rating on shares of Woodward, Inc.Common Stock in a research note on Thursday. SunTrust Banks raised Woodward, Inc.Common Stock from a “hold” rating to a “buy” rating and raised their target price for the company from $80.00 to $96.00 in a report on Tuesday, November 20th. Zacks Investment Research reaffirmed a “hold” rating on shares of Woodward, Inc.Common Stock in a report on Saturday, November 17th. Barrington Research raised Woodward, Inc.Common Stock from a “market perform” rating to an “outperform” rating and set a $98.00 target price on the stock in a report on Friday, November 9th. Finally, Credit Suisse Group raised their target price on Woodward, Inc.Common Stock from $78.00 to $81.00 and gave the company a “neutral” rating in a report on Thursday, November 8th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $87.13.

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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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