Woodward, Inc. (NASDAQ:WWD) Shares Purchased by Crawford Investment Counsel Inc.

Crawford Investment Counsel Inc. grew its holdings in shares of Woodward, Inc. (NASDAQ:WWDGet Rating) by 1.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 46,665 shares of the technology company’s stock after purchasing an additional 600 shares during the quarter. Crawford Investment Counsel Inc. owned approximately 0.07% of Woodward worth $5,829,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. increased its stake in shares of Woodward by 43.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 315 shares of the technology company’s stock worth $34,000 after buying an additional 96 shares during the period. Meeder Asset Management Inc. acquired a new stake in shares of Woodward during the first quarter valued at $41,000. Johnson Financial Group Inc. acquired a new stake in shares of Woodward during the fourth quarter valued at $123,000. Benjamin F. Edwards & Company Inc. boosted its stake in Woodward by 1,142.9% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 1,131 shares of the technology company’s stock worth $141,000 after buying an additional 1,040 shares during the last quarter. Finally, Prospera Financial Services Inc acquired a new stake in Woodward in the 1st quarter worth about $154,000. Institutional investors and hedge funds own 84.00% of the company’s stock.

Insider Transactions at Woodward

In other Woodward news, CEO Charles P. Blankenship acquired 500 shares of Woodward stock in a transaction that occurred on Wednesday, August 3rd. The shares were bought at an average price of $94.97 per share, with a total value of $47,485.00. Following the completion of the purchase, the chief executive officer now directly owns 37,100 shares in the company, valued at approximately $3,523,387. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO Charles P. Blankenship purchased 500 shares of the business’s stock in a transaction on Wednesday, August 3rd. The shares were acquired at an average price of $94.97 per share, with a total value of $47,485.00. Following the completion of the transaction, the chief executive officer now owns 37,100 shares of the company’s stock, valued at approximately $3,523,387. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director David P. Hess purchased 11,000 shares of the business’s stock in a transaction on Tuesday, August 30th. The shares were purchased at an average cost of $93.93 per share, for a total transaction of $1,033,230.00. Following the transaction, the director now directly owns 15,400 shares of the company’s stock, valued at approximately $1,446,522. The disclosure for this purchase can be found here. Over the last ninety days, insiders purchased 17,100 shares of company stock worth $1,622,371. Corporate insiders own 3.90% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Wells Fargo & Company dropped their target price on Woodward from $117.00 to $100.00 and set an “equal weight” rating on the stock in a report on Tuesday, August 2nd. Truist Financial downgraded Woodward from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $121.00 to $88.00 in a research note on Tuesday, August 2nd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $114.29.

Woodward Trading Up 2.1 %

Shares of NASDAQ:WWD opened at $96.64 on Friday. Woodward, Inc. has a 12-month low of $87.43 and a 12-month high of $129.12. The stock has a market cap of $5.81 billion, a PE ratio of 37.03, a P/E/G ratio of 2.64 and a beta of 1.49. The business has a 50 day moving average of $96.50 and a 200-day moving average of $104.91. The company has a quick ratio of 1.77, a current ratio of 2.95 and a debt-to-equity ratio of 0.38.

Woodward (NASDAQ:WWDGet Rating) last released its quarterly earnings results on Monday, August 1st. The technology company reported $0.64 earnings per share for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.27). Woodward had a net margin of 7.24% and a return on equity of 8.38%. The business had revenue of $614.33 million during the quarter, compared to analyst estimates of $625.04 million. During the same quarter in the previous year, the firm posted $0.74 earnings per share. The firm’s quarterly revenue was up 10.4% on a year-over-year basis. As a group, equities research analysts forecast that Woodward, Inc. will post 2.65 earnings per share for the current year.

Woodward Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, August 29th. Stockholders of record on Monday, August 15th were issued a dividend of $0.19 per share. The ex-dividend date of this dividend was Friday, August 12th. This represents a $0.76 annualized dividend and a dividend yield of 0.79%. Woodward’s dividend payout ratio (DPR) is presently 29.12%.

About Woodward

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Woodward, Inc designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company operates through 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.

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Institutional Ownership by Quarter for Woodward (NASDAQ:WWD)

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