Mutual of America Capital Management LLC raised its stake in shares of Woodward, Inc.Common Stock (NASDAQ:WWD) by 23.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 76,495 shares of the technology company’s stock after acquiring an additional 14,564 shares during the quarter. Mutual of America Capital Management LLC owned approximately 0.12% of Woodward, Inc.Common Stock worth $5,879,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Pendal Group Ltd lifted its holdings in shares of Woodward, Inc.Common Stock by 3.9% during the second quarter. Pendal Group Ltd now owns 25,163 shares of the technology company’s stock valued at $1,934,000 after acquiring an additional 941 shares during the period. Profund Advisors LLC raised its holdings in shares of Woodward, Inc.Common Stock by 12.3% in the first quarter. Profund Advisors LLC now owns 8,963 shares of the technology company’s stock valued at $642,000 after buying an additional 980 shares during the last quarter. NJ State Employees Deferred Compensation Plan raised its holdings in shares of Woodward, Inc.Common Stock by 14.3% in the second quarter. NJ State Employees Deferred Compensation Plan now owns 8,000 shares of the technology company’s stock valued at $615,000 after buying an additional 1,000 shares during the last quarter. M&T Bank Corp raised its holdings in shares of Woodward, Inc.Common Stock by 8.3% in the first quarter. M&T Bank Corp now owns 13,590 shares of the technology company’s stock valued at $973,000 after buying an additional 1,037 shares during the last quarter. Finally, Amalgamated Bank raised its holdings in shares of Woodward, Inc.Common Stock by 14.0% in the second quarter. Amalgamated Bank now owns 8,762 shares of the technology company’s stock valued at $673,000 after buying an additional 1,073 shares during the last quarter. 73.68% of the stock is owned by institutional investors.

Woodward, Inc.Common Stock stock opened at $79.24 on Friday. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.11 and a quick ratio of 1.01. The stock has a market capitalization of $4.94 billion, a P/E ratio of 23.22, a price-to-earnings-growth ratio of 1.71 and a beta of 1.31. Woodward, Inc.Common Stock has a 12-month low of $67.04 and a 12-month high of $89.30.

Woodward, Inc.Common Stock (NASDAQ:WWD) last announced its quarterly earnings data on Monday, July 30th. The technology company reported $1.12 EPS for the quarter, topping the Zacks’ consensus estimate of $1.00 by $0.12. The firm had revenue of $588.00 million during the quarter, compared to analyst estimates of $578.51 million. Woodward, Inc.Common Stock had a return on equity of 15.40% and a net margin of 7.59%. The company’s revenue was up 4.4% on a year-over-year basis. During the same period last year, the company earned $0.85 earnings per share. sell-side analysts predict that Woodward, Inc.Common Stock will post 3.79 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 4th. Investors of record on Tuesday, August 21st will be given a $0.142 dividend. The ex-dividend date is Monday, August 20th. This represents a $0.57 dividend on an annualized basis and a yield of 0.72%. Woodward, Inc.Common Stock’s payout ratio is 18.04%.

A number of research analysts recently issued reports on WWD shares. Barrington Research reaffirmed a “hold” rating on shares of Woodward, Inc.Common Stock in a report on Friday, July 13th. Zacks Investment Research cut Woodward, Inc.Common Stock from a “buy” rating to a “hold” rating in a report on Friday, April 27th. ValuEngine raised Woodward, Inc.Common Stock from a “hold” rating to a “buy” rating in a report on Thursday, July 12th. BidaskClub cut Woodward, Inc.Common Stock from a “buy” rating to a “hold” rating in a report on Tuesday, May 1st. Finally, Wood & Company reaffirmed a “hold” rating on shares of Woodward, Inc.Common Stock in a report on Monday, July 30th. Eight equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $80.00.

In related news, Director James R. Rulseh sold 4,112 shares of Woodward, Inc.Common Stock stock in a transaction dated Thursday, August 2nd. The stock was sold at an average price of $79.09, for a total value of $325,218.08. Following the completion of the sale, the director now directly owns 10,000 shares in the company, valued at $790,900. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Chad Robert Preiss sold 4,812 shares of Woodward, Inc.Common Stock stock in a transaction dated Thursday, August 9th. The stock was sold at an average price of $80.79, for a total value of $388,761.48. Following the completion of the sale, the insider now owns 21,812 shares of the company’s stock, valued at $1,762,191.48. The disclosure for this sale can be found here. Over the last quarter, insiders sold 40,324 shares of company stock valued at $3,175,506. Corporate insiders own 6.17% of the company’s stock.

About Woodward, Inc.Common Stock

Woodward, Inc engages in the provision of control system solutions and components for the aerospace and industrial markets. It operates through the Aerospace and Industrial segments. The Aerospace segment designs, manufactures, and services systems and products for the management of fuel, air, combustion and motion control.

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

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