Insider Selling: Woodward, Inc.Common Stock (WWD) VP Sells 8,000 Shares of Stock

Woodward, Inc.Common Stock (NASDAQ:WWD) VP Christopher Fawzy sold 8,000 shares of the company’s stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $108.58, for a total value of $868,640.00. Following the completion of the sale, the vice president now owns 7,506 shares in the company, valued at approximately $815,001.48. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Christopher Fawzy also recently made the following trade(s):

  • On Wednesday, May 22nd, Christopher Fawzy sold 8,500 shares of Woodward, Inc.Common Stock stock. The shares were sold at an average price of $113.50, for a total value of $964,750.00.

WWD traded up $0.05 during midday trading on Friday, reaching $108.92. 293,310 shares of the company were exchanged, compared to its average volume of 411,132. The firm has a market capitalization of $6.76 billion, a P/E ratio of 28.29, a P/E/G ratio of 1.78 and a beta of 1.50. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.10 and a current ratio of 1.94. Woodward, Inc.Common Stock has a one year low of $68.40 and a one year high of $114.55.

Woodward, Inc.Common Stock (NASDAQ:WWD) last released its earnings results on Monday, April 29th. The technology company reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.35. The company had revenue of $758.84 million during the quarter, compared to analyst estimates of $661.88 million. Woodward, Inc.Common Stock had a return on equity of 19.75% and a net margin of 9.21%. Woodward, Inc.Common Stock’s quarterly revenue was up 38.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.82 earnings per share. On average, equities analysts forecast that Woodward, Inc.Common Stock will post 4.74 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Monday, May 20th will be issued a $0.1625 dividend. This represents a $0.65 annualized dividend and a dividend yield of 0.60%. The ex-dividend date of this dividend is Friday, May 17th. Woodward, Inc.Common Stock’s dividend payout ratio is presently 16.88%.

Several hedge funds have recently added to or reduced their stakes in the company. FMR LLC raised its position in shares of Woodward, Inc.Common Stock by 114.4% in the first quarter. FMR LLC now owns 540,692 shares of the technology company’s stock worth $51,306,000 after buying an additional 288,545 shares in the last quarter. Adalta Capital Management LLC raised its position in shares of Woodward, Inc.Common Stock by 0.4% in the first quarter. Adalta Capital Management LLC now owns 78,925 shares of the technology company’s stock worth $7,489,000 after buying an additional 325 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Woodward, Inc.Common Stock in the first quarter worth $596,000. HighTower Advisors LLC raised its position in Woodward, Inc.Common Stock by 5.7% during the first quarter. HighTower Advisors LLC now owns 2,821 shares of the technology company’s stock valued at $266,000 after purchasing an additional 152 shares in the last quarter. Finally, Ladenburg Thalmann Financial Services Inc. raised its position in Woodward, Inc.Common Stock by 0.5% during the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 35,794 shares of the technology company’s stock valued at $3,396,000 after purchasing an additional 179 shares in the last quarter. 74.73% of the stock is owned by institutional investors.

WWD has been the topic of a number of research reports. William Blair initiated coverage on Woodward, Inc.Common Stock in a research note on Wednesday, April 17th. They set an “outperform” rating on the stock. ValuEngine raised Woodward, Inc.Common Stock from a “hold” rating to a “buy” rating in a research note on Tuesday, April 23rd. BidaskClub raised Woodward, Inc.Common Stock from a “buy” rating to a “strong-buy” rating in a research note on Friday, May 3rd. Wood & Company reaffirmed a “hold” rating on shares of Woodward, Inc.Common Stock in a research note on Tuesday, May 7th. Finally, Barrington Research reissued an “outperform” rating and set a $110.00 price objective (up from $96.00) on shares of Woodward, Inc.Common Stock in a report on Tuesday, April 2nd. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $105.00.

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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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