2,891 Shares in Woodward, Inc. (NASDAQ:WWD) Acquired by Argentarii LLC

Argentarii LLC purchased a new position in Woodward, Inc. (NASDAQ:WWD) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 2,891 shares of the technology company’s stock, valued at approximately $481,000.

Several other hedge funds have also made changes to their positions in the stock. Personal CFO Solutions LLC bought a new stake in shares of Woodward in the 4th quarter worth approximately $289,000. Larson Financial Group LLC lifted its holdings in shares of Woodward by 9.6% in the 4th quarter. Larson Financial Group LLC now owns 24,784 shares of the technology company’s stock worth $4,125,000 after purchasing an additional 2,166 shares during the last quarter. Inceptionr LLC bought a new stake in shares of Woodward in the 4th quarter worth approximately $451,000. Raymond James Financial Inc. acquired a new stake in Woodward in the 4th quarter valued at approximately $31,187,000. Finally, Proficio Capital Partners LLC acquired a new stake in Woodward in the 4th quarter valued at approximately $2,687,000. Institutional investors own 81.18% of the company’s stock.

Insider Buying and Selling

In related news, Director Gregg C. Sengstack sold 4,600 shares of the firm’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $187.86, for a total value of $864,156.00. Following the completion of the sale, the director now directly owns 17,450 shares in the company, valued at approximately $3,278,157. This trade represents a 20.86 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.82% of the company’s stock.

Woodward Stock Down 0.5 %

NASDAQ WWD opened at $176.35 on Friday. The company has a market capitalization of $10.47 billion, a price-to-earnings ratio of 29.54, a PEG ratio of 2.37 and a beta of 1.39. The company has a current ratio of 1.89, a quick ratio of 1.19 and a debt-to-equity ratio of 0.22. Woodward, Inc. has a 1-year low of $144.13 and a 1-year high of $201.64. The stock’s 50 day moving average is $184.29 and its two-hundred day moving average is $174.50.

Woodward (NASDAQ:WWD) last posted its quarterly earnings data on Monday, February 3rd. The technology company reported $1.35 earnings per share for the quarter, topping the consensus estimate of $1.14 by $0.21. Woodward had a net margin of 11.18% and a return on equity of 16.76%. During the same period in the previous year, the firm posted $1.45 earnings per share. Equities analysts forecast that Woodward, Inc. will post 6.15 earnings per share for the current fiscal year.

Woodward Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Investors of record on Thursday, February 20th were paid a $0.28 dividend. The ex-dividend date was Thursday, February 20th. This is a positive change from Woodward’s previous quarterly dividend of $0.25. This represents a $1.12 dividend on an annualized basis and a yield of 0.64%. Woodward’s dividend payout ratio is presently 18.76%.

Analysts Set New Price Targets

Several analysts recently commented on WWD shares. Truist Financial raised their target price on Woodward from $226.00 to $229.00 and gave the company a “buy” rating in a research report on Tuesday, January 14th. Barclays raised their target price on Woodward from $175.00 to $200.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 3rd. StockNews.com upgraded Woodward from a “hold” rating to a “buy” rating in a research report on Friday. UBS Group lifted their price target on Woodward from $216.00 to $232.00 and gave the company a “buy” rating in a research report on Tuesday, February 4th. Finally, Wells Fargo & Company lifted their price target on Woodward from $193.00 to $205.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 4th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Woodward presently has a consensus rating of “Moderate Buy” and an average target price of $197.38.

About Woodward

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.