Woodward, Inc.Common Stock (NASDAQ:WWD) Director Mary L. Petrovich sold 3,577 shares of the firm’s stock in a transaction dated Friday, August 9th. The shares were sold at an average price of $107.23, for a total transaction of $383,561.71. Following the completion of the sale, the director now owns 6,015 shares of the company’s stock, valued at approximately $644,988.45. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

WWD traded up $1.63 during midday trading on Tuesday, reaching $108.40. 337,762 shares of the company’s stock were exchanged, compared to its average volume of 447,151. The company has a quick ratio of 1.19, a current ratio of 2.02 and a debt-to-equity ratio of 0.59. The firm has a market cap of $6.72 billion, a PE ratio of 28.16, a PEG ratio of 1.71 and a beta of 1.34. The company’s 50-day moving average price is $113.28. Woodward, Inc.Common Stock has a 1-year low of $68.40 and a 1-year high of $119.20.

Woodward, Inc.Common Stock (NASDAQ:WWD) last issued its quarterly earnings results on Monday, August 5th. The technology company reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.13. The business had revenue of $752.01 million during the quarter, compared to the consensus estimate of $699.59 million. Woodward, Inc.Common Stock had a net margin of 9.27% and a return on equity of 19.79%. The company’s quarterly revenue was up 27.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.12 earnings per share. Equities analysts predict that Woodward, Inc.Common Stock will post 4.91 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Tuesday, August 20th will be issued a dividend of $0.162 per share. The ex-dividend date is Monday, August 19th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 0.60%. Woodward, Inc.Common Stock’s dividend payout ratio (DPR) is presently 16.88%.

Several hedge funds and other institutional investors have recently modified their holdings of WWD. Motco purchased a new stake in shares of Woodward, Inc.Common Stock during the second quarter worth about $39,000. Quadrant Capital Group LLC grew its holdings in shares of Woodward, Inc.Common Stock by 774.2% during the first quarter. Quadrant Capital Group LLC now owns 542 shares of the technology company’s stock worth $50,000 after buying an additional 480 shares in the last quarter. Pearl River Capital LLC purchased a new stake in shares of Woodward, Inc.Common Stock during the first quarter worth about $66,000. FNY Investment Advisers LLC purchased a new stake in Woodward, Inc.Common Stock in the second quarter valued at approximately $80,000. Finally, Meeder Asset Management Inc. purchased a new stake in Woodward, Inc.Common Stock in the first quarter valued at approximately $94,000. Institutional investors and hedge funds own 75.18% of the company’s stock.

Several analysts recently commented on the stock. Zacks Investment Research upgraded shares of Woodward, Inc.Common Stock from a “hold” rating to a “buy” rating and set a $115.00 price objective for the company in a research note on Friday, May 3rd. William Blair initiated coverage on shares of Woodward, Inc.Common Stock in a research report on Wednesday, April 17th. They set an “outperform” rating for the company. BidaskClub cut shares of Woodward, Inc.Common Stock from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 27th. Barrington Research set a $110.00 target price on shares of Woodward, Inc.Common Stock and gave the stock a “buy” rating in a research report on Tuesday, April 23rd. Finally, SunTrust Banks restated a “hold” rating and set a $110.00 target price (down previously from $118.00) on shares of Woodward, Inc.Common Stock in a research report on Friday, June 14th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company. Woodward, Inc.Common Stock presently has a consensus rating of “Buy” and a consensus price target of $103.40.

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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Insider Buying and Selling by Quarter for Woodward, Inc.Common Stock (NASDAQ:WWD)

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