Woodward, Inc.Common Stock (WWD) Holdings Raised by Retirement Systems of Alabama

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Retirement Systems of Alabama raised its position in Woodward, Inc.Common Stock (NASDAQ:WWD) by 0.9% during the first quarter, Holdings Channel reports. The firm owned 72,734 shares of the technology company’s stock after buying an additional 641 shares during the quarter. Retirement Systems of Alabama’s holdings in Woodward, Inc.Common Stock were worth $6,902,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in WWD. Louisiana State Employees Retirement System lifted its stake in shares of Woodward, Inc.Common Stock by 1.4% in the first quarter. Louisiana State Employees Retirement System now owns 15,000 shares of the technology company’s stock valued at $1,423,000 after purchasing an additional 200 shares during the period. Pembroke Management LTD increased its holdings in Woodward, Inc.Common Stock by 20.0% during the 1st quarter. Pembroke Management LTD now owns 158,050 shares of the technology company’s stock valued at $14,997,000 after acquiring an additional 26,300 shares in the last quarter. Truvestments Capital LLC purchased a new position in Woodward, Inc.Common Stock during the 1st quarter valued at about $380,000. Peregrine Capital Management LLC purchased a new position in Woodward, Inc.Common Stock during the 1st quarter valued at about $18,276,000. Finally, Geode Capital Management LLC increased its holdings 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 acquiring an additional 53,220 shares in the last quarter. 75.08% of the stock is currently owned by institutional investors.

Several equities analysts have weighed in on WWD shares. Zacks Investment Research downgraded shares of Woodward, Inc.Common Stock from a “buy” rating to a “hold” rating in a report on Saturday, January 26th. BidaskClub downgraded shares of Woodward, Inc.Common Stock from a “buy” rating to a “hold” rating in a report on Thursday, March 14th. SunTrust Banks raised their target price on shares of Woodward, Inc.Common Stock to $97.00 and gave the company a “buy” rating in a report on Tuesday, January 29th. Wood & Company restated a “sell” rating on shares of Woodward, Inc.Common Stock in a report on Tuesday, February 5th. Finally, Barrington Research raised their target price on shares of Woodward, Inc.Common Stock to $96.00 and gave the company an “outperform” rating in a report on Tuesday, January 29th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company. The company has an average rating of “Buy” and an average target price of $99.40.

In other news, insider Thomas A. Gendron sold 24,010 shares of Woodward, Inc.Common Stock stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $94.48, for a total transaction of $2,268,464.80. Following the completion of the sale, the insider now directly owns 234,890 shares in the company, valued at $22,192,407.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Chad Robert Preiss sold 14,000 shares of Woodward, Inc.Common Stock stock in a transaction dated Monday, February 4th. The stock was sold at an average price of $89.77, for a total transaction of $1,256,780.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 278,310 shares of company stock valued at $25,887,325. Insiders own 4.61% of the company’s stock.

NASDAQ:WWD opened at $104.37 on Wednesday. The company has a quick ratio of 1.05, a current ratio of 1.96 and a debt-to-equity ratio of 0.63. Woodward, Inc.Common Stock has a twelve month low of $68.40 and a twelve month high of $104.47. The stock has a market cap of $6.28 billion, a price-to-earnings ratio of 27.11, a price-to-earnings-growth ratio of 1.70 and a beta of 1.46.

Woodward, Inc.Common Stock (NASDAQ:WWD) last posted its earnings results on Monday, January 28th. The technology company reported $0.96 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.74 by $0.22. Woodward, Inc.Common Stock had a net margin of 8.42% and a return on equity of 18.03%. The firm had revenue of $652.80 million during the quarter, compared to the consensus estimate of $583.12 million. During the same period last year, the firm posted $0.53 EPS. The firm’s revenue for the quarter was up 38.9% on a year-over-year basis. On average, research analysts forecast that Woodward, Inc.Common Stock will post 4.62 EPS for the current year.

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Woodward, Inc.Common Stock Company 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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