Savant Capital LLC grew its stake in shares of Woodward, Inc. (NASDAQ:WWD) by 8.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 48,934 shares of the technology company’s stock after acquiring an additional 3,733 shares during the period. Woodward accounts for 0.9% of Savant Capital LLC’s holdings, making the stock its 25th largest position. Savant Capital LLC owned about 0.08% of Woodward worth $3,798,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of the business. Alps Advisors Inc. lifted its position in Woodward by 0.3% during the second quarter. Alps Advisors Inc. now owns 7,046 shares of the technology company’s stock worth $476,000 after acquiring an additional 18 shares during the last quarter. Jennison Associates LLC raised its position in shares of Woodward by 0.4% in the second quarter. Jennison Associates LLC now owns 9,009 shares of the technology company’s stock valued at $609,000 after buying an additional 34 shares in the last quarter. World Asset Management Inc raised its position in shares of Woodward by 2.7% in the second quarter. World Asset Management Inc now owns 3,462 shares of the technology company’s stock valued at $234,000 after buying an additional 91 shares in the last quarter. Advisor Group Inc. raised its position in shares of Woodward by 9.8% in the second quarter. Advisor Group Inc. now owns 1,654 shares of the technology company’s stock valued at $112,000 after buying an additional 147 shares in the last quarter. Finally, Public Employees Retirement System of Ohio raised its position in shares of Woodward by 5.8% in the second quarter. Public Employees Retirement System of Ohio now owns 3,115 shares of the technology company’s stock valued at $211,000 after buying an additional 171 shares in the last quarter. Hedge funds and other institutional investors own 71.29% of the company’s stock.

A number of research firms have recently weighed in on WWD. BidaskClub downgraded shares of Woodward from a “strong-buy” rating to a “buy” rating in a research report on Tuesday. Zacks Investment Research downgraded shares of Woodward from a “hold” rating to a “sell” rating in a research report on Friday, October 27th. Oppenheimer Holdings, Inc. reiterated a “market perform” rating and issued a $82.00 price target on shares of Woodward in a research report on Thursday, October 26th. Wood & Company downgraded shares of Woodward from an “outperform” rating to a “market perform” rating in a research report on Thursday, October 26th. Finally, CIBC began coverage on shares of Woodward in a research report on Friday, July 14th. They issued an “outperform” rating and a $82.00 price target for the company. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. Woodward presently has a consensus rating of “Hold” and a consensus target price of $74.75.

In other Woodward news, Director Paul Donovan sold 5,700 shares of the stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $70.55, for a total value of $402,135.00. Following the sale, the director now directly owns 39,052 shares in the company, valued at approximately $2,755,118.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John A. Halbrook sold 1,800 shares of the stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $70.60, for a total transaction of $127,080.00. Following the completion of the sale, the director now owns 345,721 shares in the company, valued at $24,407,902.60. The disclosure for this sale can be found here. Insiders sold a total of 16,200 shares of company stock worth $1,138,389 over the last quarter. Corporate insiders own 5.93% of the company’s stock.

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The company also recently announced a quarterly dividend, which will be paid on Monday, November 27th. Shareholders of record on Monday, November 13th will be paid a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 0.64%. The ex-dividend date of this dividend is Friday, November 10th. Woodward’s dividend payout ratio is presently 15.77%.

About Woodward

Woodward, Inc is an independent designer, manufacturer and service provider of energy control and optimization solutions. The Company designs, produces and services energy control products for various applications. The Company’s segments include Aerospace and Industrial. The Company’s 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 (NASDAQ:WWD)

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