Woodward, Inc. (NASDAQ:WWD) Shares Acquired by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC increased its holdings in shares of Woodward, Inc. (NASDAQ:WWDFree Report) by 219.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,445 shares of the technology company’s stock after purchasing an additional 3,743 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in Woodward were worth $741,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the business. Victory Capital Management Inc. raised its stake in shares of Woodward by 3.2% in the 3rd quarter. Victory Capital Management Inc. now owns 10,325 shares of the technology company’s stock valued at $1,283,000 after acquiring an additional 322 shares during the period. Amalgamated Bank raised its position in Woodward by 2.4% in the third quarter. Amalgamated Bank now owns 39,878 shares of the technology company’s stock valued at $4,955,000 after purchasing an additional 916 shares during the period. Swiss National Bank lifted its stake in shares of Woodward by 1.5% during the third quarter. Swiss National Bank now owns 125,400 shares of the technology company’s stock worth $15,582,000 after purchasing an additional 1,900 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Woodward by 0.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 496,844 shares of the technology company’s stock worth $61,738,000 after buying an additional 1,783 shares during the period. Finally, Van ECK Associates Corp grew its stake in shares of Woodward by 42.8% in the third quarter. Van ECK Associates Corp now owns 9,970 shares of the technology company’s stock valued at $1,239,000 after buying an additional 2,988 shares in the last quarter. Hedge funds and other institutional investors own 81.18% of the company’s stock.

Insider Buying and Selling at Woodward

In other news, Director Gregg C. Sengstack sold 6,000 shares of the company’s stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of $167.01, for a total transaction of $1,002,060.00. Following the completion of the transaction, the director now owns 17,450 shares in the company, valued at $2,914,324.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.12% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on WWD shares. Deutsche Bank Aktiengesellschaft boosted their price target on Woodward from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Tuesday, May 28th. Truist Financial increased their price target on Woodward from $143.00 to $152.00 and gave the company a “hold” rating in a report on Tuesday, April 30th. Barclays raised their price objective on Woodward from $140.00 to $175.00 and gave the company an “equal weight” rating in a research note on Monday, May 6th. The Goldman Sachs Group increased their target price on Woodward from $159.00 to $201.00 and gave the company a “buy” rating in a research note on Tuesday, April 16th. Finally, Wells Fargo & Company raised their price target on shares of Woodward from $156.00 to $172.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 30th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $174.38.

Read Our Latest Report on WWD

Woodward Stock Down 1.8 %

Shares of NASDAQ:WWD opened at $182.07 on Friday. Woodward, Inc. has a 1-year low of $109.24 and a 1-year high of $188.35. The company’s fifty day moving average is $166.17 and its two-hundred day moving average is $148.18. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.78 and a current ratio of 2.62. The stock has a market capitalization of $11.09 billion, a price-to-earnings ratio of 31.83, a price-to-earnings-growth ratio of 1.92 and a beta of 1.37.

Woodward (NASDAQ:WWDGet Free Report) last issued its earnings results on Monday, April 29th. The technology company reported $1.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.34. Woodward had a net margin of 11.09% and a return on equity of 16.50%. The firm had revenue of $835.34 million for the quarter, compared to analysts’ expectations of $807.04 million. During the same quarter last year, the company posted $1.01 earnings per share. Woodward’s revenue was up 16.3% on a year-over-year basis. Equities analysts anticipate that Woodward, Inc. will post 5.88 EPS for the current year.

Woodward Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 5th. Shareholders of record on Wednesday, May 22nd were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.55%. The ex-dividend date of this dividend was Tuesday, May 21st. Woodward’s dividend payout ratio is presently 17.48%.

About Woodward

(Free Report)

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.

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Institutional Ownership by Quarter for Woodward (NASDAQ:WWD)

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