American Century Companies Inc. lifted its holdings in shares of Woodward, Inc. (NASDAQ:WWD) by 3.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 190,285 shares of the technology company’s stock after purchasing an additional 6,111 shares during the quarter. American Century Companies Inc. owned approximately 0.31% of Woodward worth $14,768,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Advisor Group Inc. increased its stake in shares of Woodward by 9.8% during the 2nd quarter. Advisor Group Inc. now owns 1,654 shares of the technology company’s stock worth $112,000 after purchasing an additional 147 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Woodward by 9.5% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,190 shares of the technology company’s stock worth $148,000 after purchasing an additional 190 shares during the last quarter. CAPROCK Group Inc. acquired a new position in shares of Woodward during the 3rd quarter worth $222,000. Public Employees Retirement System of Ohio grew its stake in Woodward by 5.8% in the 2nd 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 during the last quarter. Finally, Diversified Trust Co acquired a new position in Woodward in the 2nd quarter valued at $213,000. Institutional investors own 70.68% of the company’s stock.
Shares of Woodward, Inc. (WWD) opened at $76.71 on Friday. The company has a quick ratio of 1.28, a current ratio of 2.39 and a debt-to-equity ratio of 0.42. The stock has a market cap of $4,760.00, a price-to-earnings ratio of 24.78, a price-to-earnings-growth ratio of 1.92 and a beta of 1.24. Woodward, Inc. has a 12-month low of $65.22 and a 12-month high of $82.94.
The business also recently declared a quarterly dividend, which will be paid on Monday, November 27th. Shareholders of record on Monday, November 13th will be given a $0.125 dividend. The ex-dividend date of this dividend is Friday, November 10th. This represents a $0.50 annualized dividend and a yield of 0.65%. Woodward’s dividend payout ratio is 15.82%.
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A number of research firms recently issued reports on WWD. SunTrust Banks, Inc. raised their target price on shares of Woodward to $77.00 and gave the company a “hold” rating in a research note on Thursday, November 9th. BidaskClub lowered shares of Woodward from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. Cowen and Company reiterated a “hold” rating and issued a $62.00 target price on shares of Woodward in a research note on Thursday, November 9th. ValuEngine lowered shares of Woodward from a “buy” rating to a “hold” rating in a research note on Wednesday. Finally, Oppenheimer Holdings, Inc. reiterated a “market perform” rating and issued a $82.00 target price on shares of Woodward in a research note on Thursday, October 26th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $75.75.
In other news, Director Mary L. Petrovich sold 5,700 shares of the firm’s stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $79.69, for a total transaction of $454,233.00. Following the completion of the transaction, the director now directly owns 27,904 shares of the company’s stock, valued at approximately $2,223,669.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John A. Halbrook sold 1,800 shares of the firm’s stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $70.60, for a total transaction of $127,080.00. Following the transaction, the director now directly owns 345,721 shares of the company’s stock, valued at $24,407,902.60. The disclosure for this sale can be found here. Company insiders own 5.93% of the company’s stock.
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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