200 Shares in Woodward, Inc. (NASDAQ:WWD) Acquired by Berbice Capital Management LLC

Berbice Capital Management LLC acquired a new position in Woodward, Inc. (NASDAQ:WWD) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 200 shares of the technology company’s stock, valued at approximately $33,000.

Several other institutional investors and hedge funds also recently bought and sold shares of WWD. CIBC Asset Management Inc lifted its stake in Woodward by 3.5% in the 3rd quarter. CIBC Asset Management Inc now owns 1,758 shares of the technology company’s stock worth $302,000 after purchasing an additional 59 shares in the last quarter. Atomi Financial Group Inc. lifted its stake in Woodward by 5.1% in the 4th quarter. Atomi Financial Group Inc. now owns 1,355 shares of the technology company’s stock worth $225,000 after purchasing an additional 66 shares in the last quarter. Delta Capital Management LLC lifted its stake in Woodward by 4.0% in the 4th quarter. Delta Capital Management LLC now owns 1,805 shares of the technology company’s stock worth $300,000 after purchasing an additional 70 shares in the last quarter. AdvisorNet Financial Inc lifted its stake in Woodward by 5.3% in the 4th quarter. AdvisorNet Financial Inc now owns 1,790 shares of the technology company’s stock worth $298,000 after purchasing an additional 90 shares in the last quarter. Finally, Commerce Bank lifted its stake in Woodward by 2.1% in the 3rd quarter. Commerce Bank now owns 4,624 shares of the technology company’s stock worth $793,000 after purchasing an additional 95 shares in the last quarter. 81.18% of the stock is owned by institutional investors.

Woodward Trading Down 0.6 %

Shares of NASDAQ WWD opened at $188.16 on Friday. Woodward, Inc. has a 1 year low of $133.56 and a 1 year high of $201.64. The stock has a market cap of $11.13 billion, a P/E ratio of 31.31, a price-to-earnings-growth ratio of 2.42 and a beta of 1.39. The firm has a 50-day moving average of $177.37 and a 200 day moving average of $170.21. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.89 and a quick ratio of 1.23.

Woodward (NASDAQ:WWD) last issued its earnings results on Monday, November 25th. The technology company reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.19. The business had revenue of $855.00 million during the quarter, compared to analysts’ expectations of $810.39 million. Woodward had a net margin of 11.22% and a return on equity of 17.13%. The business’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.33 earnings per share. As a group, sell-side analysts expect that Woodward, Inc. will post 6 EPS for the current fiscal year.

Woodward Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Thursday, November 21st were issued a $0.25 dividend. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $1.00 annualized dividend and a yield of 0.53%. Woodward’s dividend payout ratio (DPR) is presently 16.64%.

Analyst Ratings Changes

WWD has been the topic of several research reports. Wells Fargo & Company lowered their price objective on shares of Woodward from $197.00 to $193.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 8th. UBS Group raised their price objective on shares of Woodward from $209.00 to $228.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Truist Financial raised their price objective on shares of Woodward from $226.00 to $229.00 and gave the company a “buy” rating in a research report on Tuesday, January 14th. StockNews.com upgraded shares of Woodward from a “hold” rating to a “buy” rating in a research report on Monday, December 2nd. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Woodward from $158.00 to $162.00 and gave the company a “hold” rating in a research report on Thursday, October 3rd. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Woodward has a consensus rating of “Moderate Buy” and an average target price of $190.11.

Insiders Place Their Bets

In other news, Director John D. Cohn sold 2,400 shares of the business’s stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $179.57, for a total transaction of $430,968.00. Following the completion of the transaction, the director now directly owns 20,963 shares of the company’s stock, valued at $3,764,325.91. The trade was a 10.27 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Thomas G. Cromwell sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $174.50, for a total transaction of $1,745,000.00. Following the transaction, the chief operating officer now directly owns 11,511 shares of the company’s stock, valued at $2,008,669.50. The trade was a 46.49 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 60,313 shares of company stock valued at $10,752,072. Insiders own 0.82% of the company’s stock.

Woodward Profile

Woodward, Inc designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company operates in two segments, Aerospace and Industrial. The Aerospace segment provides 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, servocontrols, motors, and sensors for aircraft.