Federated Investors Inc. PA raised its holdings in Woodward, Inc.Common Stock (NASDAQ:WWD) by 2,450.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 535,676 shares of the technology company’s stock after purchasing an additional 514,671 shares during the quarter. Federated Investors Inc. PA’s holdings in Woodward, Inc.Common Stock were worth $43,315,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of WWD. HighPoint Advisor Group LLC acquired a new position in Woodward, Inc.Common Stock in the third quarter valued at $218,000. Associated Banc Corp acquired a new position in Woodward, Inc.Common Stock in the third quarter valued at $279,000. Jane Street Group LLC acquired a new position in Woodward, Inc.Common Stock in the second quarter valued at $283,000. First Hawaiian Bank acquired a new position in Woodward, Inc.Common Stock in the third quarter valued at $287,000. Finally, GAM Holding AG increased its stake in Woodward, Inc.Common Stock by 24.0% in the second quarter. GAM Holding AG now owns 3,851 shares of the technology company’s stock valued at $296,000 after purchasing an additional 746 shares during the period. Institutional investors own 73.70% of the company’s stock.

Shares of Woodward, Inc.Common Stock stock opened at $76.32 on Friday. Woodward, Inc.Common Stock has a 52-week low of $68.56 and a 52-week high of $89.30. The company has a current ratio of 1.89, a quick ratio of 0.96 and a debt-to-equity ratio of 0.71. The stock has a market cap of $4.75 billion, a PE ratio of 19.82, a PEG ratio of 1.42 and a beta of 1.33.

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

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 27th. Stockholders of record on Tuesday, November 13th were paid a dividend of $0.1425 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 0.75%. This is a positive change from Woodward, Inc.Common Stock’s previous quarterly dividend of $0.14. The ex-dividend date was Friday, November 9th. Woodward, Inc.Common Stock’s payout ratio is 14.81%.

In other Woodward, Inc.Common Stock news, insider Thomas A. Gendron sold 2,000 shares of the company’s stock in a transaction dated Tuesday, November 13th. The shares were sold at an average price of $81.33, for a total transaction of $162,660.00. Following the transaction, the insider now directly owns 227,390 shares in the company, valued at $18,493,628.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Thomas A. Gendron sold 3,000 shares of the company’s stock in a transaction dated Wednesday, November 21st. The stock was sold at an average price of $81.21, for a total transaction of $243,630.00. Following the transaction, the insider now owns 227,390 shares in the company, valued at $18,466,341.90. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 23,625 shares of company stock worth $1,942,411. Company insiders own 6.17% of the company’s stock.

A number of research analysts have commented on the stock. BidaskClub lowered shares of Woodward, Inc.Common Stock from a “buy” rating to a “hold” rating in a research note on Saturday, December 8th. Barrington Research set a $90.00 price target on shares of Woodward, Inc.Common Stock and gave the stock a “buy” rating in a research note on Tuesday, December 11th. Wood & Company reiterated a “sell” rating on shares of Woodward, Inc.Common Stock in a research note on Thursday, December 6th. Zacks Investment Research reiterated a “hold” rating on shares of Woodward, Inc.Common Stock in a research note on Saturday, November 17th. Finally, Credit Suisse Group boosted their price target on shares of Woodward, Inc.Common Stock from $81.00 to $83.00 and gave the stock a “neutral” rating in a research note on Monday, December 10th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $89.86.

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About Woodward, Inc.Common Stock

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

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