Fmr LLC Boosts Holdings in Woodward, Inc.Common Stock (NASDAQ:WWD)

FMR LLC raised its stake in Woodward, Inc.Common Stock (NASDAQ:WWD) by 12.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 289,099 shares of the technology company’s stock after purchasing an additional 31,599 shares during the period. FMR LLC owned 0.47% of Woodward, Inc.Common Stock worth $23,377,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. BlackRock Inc. raised its holdings in shares of Woodward, Inc.Common Stock by 2.2% in the third quarter. BlackRock Inc. now owns 6,107,387 shares of the technology company’s stock worth $493,844,000 after acquiring an additional 129,821 shares during the last quarter. Northern Trust Corp increased its stake in shares of Woodward, Inc.Common Stock by 2.1% in the second quarter. Northern Trust Corp now owns 1,089,483 shares of the technology company’s stock worth $83,738,000 after acquiring an additional 22,106 shares during the last quarter. Voya Investment Management LLC increased its position in Woodward, Inc.Common Stock by 11.6% during the second quarter. Voya Investment Management LLC now owns 918,121 shares of the technology company’s stock worth $70,566,000 after buying an additional 95,756 shares during the last quarter. Bank of New York Mellon Corp increased its position in Woodward, Inc.Common Stock by 0.3% during the third quarter. Bank of New York Mellon Corp now owns 642,614 shares of the technology company’s stock worth $51,962,000 after buying an additional 2,120 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of Woodward, Inc.Common Stock by 1.1% in the second quarter. Dimensional Fund Advisors LP now owns 607,059 shares of the technology company’s stock valued at $46,656,000 after purchasing an additional 6,441 shares during the last quarter. Institutional investors own 73.84% of the company’s stock.

Woodward, Inc.Common Stock stock traded up $0.37 during mid-day trading on Thursday, hitting $76.38. 245,900 shares of the company traded hands, compared to its average volume of 396,114. The firm has a market cap of $4.50 billion, a PE ratio of 19.84, a PEG ratio of 1.35 and a beta of 1.31. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.89 and a quick ratio of 0.96. Woodward, Inc.Common Stock has a one year low of $68.40 and a one year high of $89.30.

Woodward, Inc.Common Stock (NASDAQ:WWD) last posted its quarterly earnings results on Wednesday, November 7th. The technology company reported $1.39 EPS for the quarter, beating the Zacks’ consensus estimate 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 company had revenue of $719.40 million during the quarter, compared to analyst estimates of $689.01 million. During the same period in the prior year, the business posted $0.98 EPS. The firm’s revenue was up 18.6% compared to the same quarter last year. As a group, research analysts anticipate that Woodward, Inc.Common Stock will post 4.6 earnings per share for the current year.

WWD has been the subject of a number of research analyst reports. Credit Suisse Group lifted their target price on shares of Woodward, Inc.Common Stock from $78.00 to $81.00 and gave the company a “neutral” rating in a research note on Thursday, November 8th. Wood & Company reaffirmed a “hold” rating on shares of Woodward, Inc.Common Stock in a research report on Thursday, November 8th. Barrington Research upgraded shares of Woodward, Inc.Common Stock from a “market perform” rating to an “outperform” rating and set a $98.00 price objective on the stock in a research note on Friday, November 9th. Zacks Investment Research reiterated a “hold” rating on shares of Woodward, Inc.Common Stock in a research note on Saturday, November 17th. Finally, SunTrust Banks raised shares of Woodward, Inc.Common Stock from a “hold” rating to a “buy” rating and upped their price target for the stock from $80.00 to $96.00 in a report on Tuesday, November 20th. 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 company currently has a consensus rating of “Hold” and a consensus target price of $89.86.

In related news, VP Christopher Fawzy sold 3,000 shares of the stock in a transaction that occurred on Monday, December 3rd. The shares were sold at an average price of $85.00, for a total value of $255,000.00. Following the completion of the sale, the vice president now directly owns 6,506 shares of the company’s stock, valued at approximately $553,010. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Thomas A. Gendron sold 2,000 shares of the stock in a transaction that occurred on Tuesday, November 13th. The shares were sold at an average price of $81.33, for a total transaction of $162,660.00. Following the sale, the insider now directly owns 227,390 shares of the company’s stock, valued at $18,493,628.70. The disclosure for this sale can be found here. Insiders have sold a total of 23,625 shares of company stock worth $1,942,411 in the last 90 days. Company insiders own 4.61% of the company’s stock.

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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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