Winslow Evans & Crocker Inc. Makes New $242,000 Investment in Woodward, Inc.Common Stock (NASDAQ:WWD)

Winslow Evans & Crocker Inc. bought a new position in Woodward, Inc.Common Stock (NASDAQ:WWD) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,126 shares of the technology company’s stock, valued at approximately $242,000.

A number of other hedge funds have also bought and sold shares of WWD. BlackRock Inc. boosted its holdings in shares of Woodward, Inc.Common Stock by 3.8% during the 1st quarter. BlackRock Inc. now owns 6,449,780 shares of the technology company’s stock worth $612,019,000 after buying an additional 237,595 shares during the period. Northern Trust Corp raised its stake in Woodward, Inc.Common Stock by 1.3% during the 1st quarter. Northern Trust Corp now owns 1,104,274 shares of the technology company’s stock valued at $104,785,000 after purchasing an additional 14,253 shares during the last quarter. Geode Capital Management LLC raised its stake in Woodward, Inc.Common Stock by 8.5% during the 4th quarter. Geode Capital Management LLC now owns 676,342 shares of the technology company’s stock valued at $50,245,000 after purchasing an additional 53,220 shares during the last quarter. Norges Bank acquired a new position in Woodward, Inc.Common Stock during the 4th quarter valued at $40,686,000. Finally, FMR LLC raised its stake in shares of Woodward, Inc.Common Stock by 114.4% in the 1st quarter. FMR LLC now owns 540,692 shares of the technology company’s stock valued at $51,306,000 after buying an additional 288,545 shares in the last quarter. 74.46% of the stock is owned by institutional investors.

In other Woodward, Inc.Common Stock news, VP Christopher Fawzy sold 8,000 shares of the stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $108.58, for a total transaction of $868,640.00. Following the sale, the vice president now owns 7,506 shares of the company’s stock, valued at approximately $815,001.48. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Ronald M. Sega sold 6,700 shares of the stock in a transaction dated Wednesday, June 5th. The stock was sold at an average price of $112.00, for a total transaction of $750,400.00. Following the sale, the director now directly owns 18,975 shares in the company, valued at approximately $2,125,200. The disclosure for this sale can be found here. Insiders have sold a total of 35,700 shares of company stock valued at $3,952,915 in the last quarter. 4.61% of the stock is currently owned by corporate insiders.

Shares of WWD stock traded up $0.59 during mid-day trading on Thursday, reaching $112.63. The company’s stock had a trading volume of 8,929 shares, compared to its average volume of 320,290. Woodward, Inc.Common Stock has a 1-year low of $68.40 and a 1-year high of $119.20. The company has a market capitalization of $6.96 billion, a P/E ratio of 29.48, a P/E/G ratio of 1.87 and a beta of 1.34. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.10 and a current ratio of 1.94. The firm’s 50-day moving average is $114.36.

Woodward, Inc.Common Stock (NASDAQ:WWD) last announced its earnings results on Monday, April 29th. The technology company reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.35. The business had revenue of $758.84 million during the quarter, compared to analysts’ expectations of $661.88 million. Woodward, Inc.Common Stock had a net margin of 9.21% and a return on equity of 19.75%. The firm’s revenue for the quarter was up 38.4% on a year-over-year basis. During the same quarter last year, the company posted $0.82 EPS. On average, analysts forecast that Woodward, Inc.Common Stock will post 4.77 EPS for the current fiscal year.

WWD has been the subject of a number of recent research reports. ValuEngine upgraded shares of Woodward, Inc.Common Stock from a “hold” rating to a “buy” rating in a research note on Tuesday, April 23rd. Zacks Investment Research upgraded shares of Woodward, Inc.Common Stock from a “hold” rating to a “buy” rating and set a $115.00 price objective for the company in a research note on Friday, May 3rd. William Blair initiated coverage on shares of Woodward, Inc.Common Stock in a research note on Wednesday, April 17th. They issued an “outperform” rating for the company. Barrington Research set a $110.00 price objective on shares of Woodward, Inc.Common Stock and gave the company a “buy” rating in a research note on Tuesday, April 23rd. Finally, SunTrust Banks restated a “hold” rating and issued a $110.00 price objective (down previously from $118.00) on shares of Woodward, Inc.Common Stock in a research note on Friday, June 14th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $103.40.

Woodward, Inc.Common Stock Profile

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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