Epoch Investment Partners Inc. reduced its holdings in shares of Woodward, Inc.Common Stock (NASDAQ:WWD) by 20.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 448,414 shares of the technology company’s stock after selling 118,094 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Woodward, Inc.Common Stock were worth $34,465,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in WWD. Fisher Asset Management LLC acquired a new stake in shares of Woodward, Inc.Common Stock during the 1st quarter valued at approximately $217,000. GAM Holding AG raised its position in shares of Woodward, Inc.Common Stock by 24.0% during the 2nd quarter. GAM Holding AG now owns 3,851 shares of the technology company’s stock valued at $296,000 after acquiring an additional 746 shares in the last quarter. Oakbrook Investments LLC acquired a new stake in shares of Woodward, Inc.Common Stock during the 2nd quarter valued at approximately $323,000. Diversified Trust Co raised its position in shares of 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 in the last quarter. Finally, ING Groep NV acquired a new stake in shares of Woodward, Inc.Common Stock during the 2nd quarter valued at approximately $455,000. Institutional investors own 74.11% of the company’s stock.
In other Woodward, Inc.Common Stock news, insider Chad Robert Preiss sold 4,812 shares of the stock in a transaction on Thursday, August 9th. The stock was sold at an average price of $80.79, for a total value of $388,761.48. Following the sale, the insider now directly owns 21,812 shares of the company’s stock, valued at $1,762,191.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Robert F. Weber, Jr. sold 10,865 shares of the stock in a transaction on Thursday, August 16th. The stock was sold at an average price of $79.14, for a total value of $859,856.10. Following the completion of the sale, the chief financial officer now directly owns 35,688 shares in the company, valued at $2,824,348.32. The disclosure for this sale can be found here. Insiders sold 34,924 shares of company stock worth $2,788,758 over the last ninety days. 6.17% of the stock is owned by corporate insiders.
Shares of NASDAQ WWD opened at $78.17 on Friday. Woodward, Inc.Common Stock has a 1-year low of $68.56 and a 1-year high of $89.30. The company has a current ratio of 2.11, a quick ratio of 1.01 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $4.90 billion, a price-to-earnings ratio of 24.74, a P/E/G ratio of 1.70 and a beta of 1.26.
Woodward, Inc.Common Stock (NASDAQ:WWD) last issued its earnings results on Monday, July 30th. The technology company reported $1.12 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.00 by $0.12. Woodward, Inc.Common Stock had a return on equity of 15.40% and a net margin of 7.59%. The firm had revenue of $588.00 million for the quarter, compared to analyst estimates of $578.51 million. During the same period last year, the company earned $0.85 earnings per share. The firm’s revenue for the quarter was up 4.4% on a year-over-year basis. sell-side analysts anticipate that Woodward, Inc.Common Stock will post 3.79 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 4th. Shareholders of record on Tuesday, August 21st were given a $0.142 dividend. This represents a $0.57 annualized dividend and a yield of 0.73%. The ex-dividend date was Monday, August 20th. Woodward, Inc.Common Stock’s dividend payout ratio is presently 18.04%.
Several equities research analysts recently issued reports on the company. BidaskClub lowered Woodward, Inc.Common Stock from a “buy” rating to a “hold” rating in a research report on Friday. Barrington Research reissued a “hold” rating on shares of Woodward, Inc.Common Stock in a research report on Friday, July 13th. Wood & Company reissued a “hold” rating on shares of Woodward, Inc.Common Stock in a research report on Monday, July 30th. ValuEngine raised Woodward, Inc.Common Stock from a “hold” rating to a “buy” rating in a research report on Thursday, July 12th. Finally, Zacks Investment Research raised Woodward, Inc.Common Stock from a “sell” rating to a “hold” rating and set a $91.00 price target on the stock in a research report on Monday, July 23rd. Nine analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $80.00.
Woodward, Inc.Common Stock Profile
Woodward, Inc designs, manufactures, and services energy control and optimization solutions for the aerospace and industrial markets worldwide. Its 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 that are used on commercial and private aircrafts and rotorcrafts, as well as in military fixed-wing aircrafts and rotorcrafts, weapons, and defense systems.
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