Woodward, Inc. (NASDAQ:WWD) Stock Holdings Trimmed by American International Group Inc.

American International Group Inc. lowered its position in shares of Woodward, Inc. (NASDAQ:WWDFree Report) by 4.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 81,606 shares of the technology company’s stock after selling 3,507 shares during the quarter. American International Group Inc.’s holdings in Woodward were worth $11,109,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of WWD. Vanguard Group Inc. raised its position in shares of Woodward by 1.1% during the 3rd quarter. Vanguard Group Inc. now owns 5,721,250 shares of the technology company’s stock valued at $710,923,000 after acquiring an additional 59,884 shares in the last quarter. Earnest Partners LLC raised its holdings in shares of Woodward by 6.3% during the third quarter. Earnest Partners LLC now owns 1,062,665 shares of the technology company’s stock worth $132,047,000 after purchasing an additional 62,897 shares during the period. FMR LLC lifted its position in shares of Woodward by 6.5% in the 3rd quarter. FMR LLC now owns 998,396 shares of the technology company’s stock worth $124,061,000 after buying an additional 61,216 shares during the last quarter. Norges Bank bought a new position in shares of Woodward in the 4th quarter worth about $84,157,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Woodward by 0.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 500,991 shares of the technology company’s stock valued at $68,200,000 after buying an additional 4,147 shares during the period. Institutional investors own 81.18% of the company’s stock.

Insider Buying and Selling at Woodward

In other news, Director Gregg C. Sengstack sold 6,000 shares of the firm’s stock in a transaction on Thursday, May 2nd. The stock was sold at an average price of $167.01, for a total transaction of $1,002,060.00. Following the completion of the sale, the director now directly owns 17,450 shares of the company’s stock, valued at approximately $2,914,324.50. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 1.12% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Wells Fargo & Company raised their target price on shares of Woodward from $156.00 to $172.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 30th. Truist Financial raised their price target on Woodward from $143.00 to $152.00 and gave the stock a “hold” rating in a report on Tuesday, April 30th. Deutsche Bank Aktiengesellschaft upped their price objective on Woodward from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Tuesday, May 28th. Barclays raised their target price on Woodward from $140.00 to $175.00 and gave the company an “equal weight” rating in a research note on Monday, May 6th. Finally, The Goldman Sachs Group upped their price target on shares of Woodward from $159.00 to $201.00 and gave the stock a “buy” rating in a research report on Tuesday, April 16th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Woodward currently has an average rating of “Moderate Buy” and a consensus target price of $174.38.

Read Our Latest Stock Report on WWD

Woodward Trading Up 0.1 %

Shares of NASDAQ:WWD opened at $182.21 on Friday. The company has a 50 day moving average of $166.73 and a 200-day moving average of $148.42. The company has a current ratio of 2.62, a quick ratio of 1.78 and a debt-to-equity ratio of 0.28. The firm has a market cap of $11.10 billion, a P/E ratio of 31.85, a P/E/G ratio of 1.88 and a beta of 1.37. Woodward, Inc. has a twelve month low of $111.54 and a twelve month high of $188.35.

Woodward (NASDAQ:WWDGet Free Report) last posted its quarterly earnings data on Monday, April 29th. The technology company reported $1.62 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.34. Woodward had a return on equity of 16.50% and a net margin of 11.09%. The company had revenue of $835.34 million for the quarter, compared to the consensus estimate of $807.04 million. During the same quarter in the previous year, the business earned $1.01 EPS. The company’s quarterly revenue was up 16.3% compared to the same quarter last year. As a group, analysts anticipate that Woodward, Inc. will post 5.88 earnings per share for the current fiscal year.

Woodward Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 5th. Investors of record on Wednesday, May 22nd were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.55%. The ex-dividend date of this dividend was Tuesday, May 21st. Woodward’s dividend payout ratio is presently 17.48%.

Woodward Profile

(Free Report)

Woodward, Inc designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company operates in two segments, Aerospace and Industrial. The Aerospace segment provides 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, servocontrols, motors, and sensors for aircraft.

Featured Stories

Want to see what other hedge funds are holding WWD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Woodward, Inc. (NASDAQ:WWDFree Report).

Institutional Ownership by Quarter for Woodward (NASDAQ:WWD)

Receive News & Ratings for Woodward Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Woodward and related companies with MarketBeat.com's FREE daily email newsletter.