2,814 Shares in Woodward, Inc. (NASDAQ:WWD) Acquired by Numerai GP LLC

Numerai GP LLC acquired a new stake in shares of Woodward, Inc. (NASDAQ:WWD - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 2,814 shares of the technology company's stock, valued at approximately $468,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Barclays PLC raised its position in Woodward by 51.4% during the third quarter. Barclays PLC now owns 42,189 shares of the technology company's stock worth $7,236,000 after acquiring an additional 14,326 shares during the period. AdvisorNet Financial Inc raised its position in Woodward by 5.3% during the fourth quarter. AdvisorNet Financial Inc now owns 1,790 shares of the technology company's stock worth $298,000 after acquiring an additional 90 shares during the period. Park Avenue Securities LLC raised its position in Woodward by 105.2% during the fourth quarter. Park Avenue Securities LLC now owns 5,299 shares of the technology company's stock worth $882,000 after acquiring an additional 2,717 shares during the period. Hennion & Walsh Asset Management Inc. raised its position in Woodward by 39.4% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 5,395 shares of the technology company's stock worth $898,000 after acquiring an additional 1,524 shares during the period. Finally, Gateway Investment Advisers LLC raised its position in Woodward by 112.2% during the fourth quarter. Gateway Investment Advisers LLC now owns 10,645 shares of the technology company's stock worth $1,772,000 after acquiring an additional 5,629 shares during the period. Institutional investors and hedge funds own 81.18% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft set a $187.00 target price on Woodward and gave the company a "hold" rating in a research report on Monday, April 14th. Truist Financial raised their target price on Woodward from $205.00 to $209.00 and gave the company a "buy" rating in a research report on Tuesday, April 29th. UBS Group raised their target price on Woodward from $200.00 to $220.00 and gave the company a "buy" rating in a research report on Tuesday, April 29th. Wells Fargo & Company boosted their price target on shares of Woodward from $175.00 to $193.00 and gave the stock an "equal weight" rating in a research report on Wednesday, April 30th. Finally, StockNews.com upgraded shares of Woodward from a "hold" rating to a "buy" rating in a research report on Tuesday, April 29th. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, Woodward presently has an average rating of "Moderate Buy" and an average price target of $195.00.

Woodward Trading Up 1.8%

NASDAQ:WWD traded up $3.74 on Monday, hitting $213.53. The stock had a trading volume of 440,532 shares, compared to its average volume of 462,689. The company has a quick ratio of 1.19, a current ratio of 1.89 and a debt-to-equity ratio of 0.22. The stock has a market cap of $12.68 billion, a price-to-earnings ratio of 35.77, a PEG ratio of 2.37 and a beta of 1.24. The company has a fifty day moving average price of $182.45 and a two-hundred day moving average price of $180.74. Woodward, Inc. has a 1-year low of $145.98 and a 1-year high of $213.58.

Woodward (NASDAQ:WWD - Get Free Report) last released its quarterly earnings results on Monday, April 28th. The technology company reported $1.69 earnings per share for the quarter, topping analysts' consensus estimates of $1.44 by $0.25. The business had revenue of $883.63 million during the quarter, compared to analysts' expectations of $838.61 million. Woodward had a return on equity of 16.76% and a net margin of 11.18%. The company's revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.62 EPS. Equities research analysts expect that Woodward, Inc. will post 6.15 earnings per share for the current fiscal year.

Woodward Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 22nd will be issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date is Thursday, May 22nd. Woodward's dividend payout ratio is presently 18.09%.

Insider Activity at Woodward

In other news, COO Thomas G. Cromwell sold 10,000 shares of the stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $184.50, for a total value of $1,845,000.00. Following the sale, the chief operating officer now directly owns 15,477 shares in the company, valued at approximately $2,855,506.50. This trade represents a 39.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John D. Cohn sold 2,800 shares of the stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $191.52, for a total value of $536,256.00. Following the completion of the sale, the director now owns 20,965 shares in the company, valued at approximately $4,015,216.80. The trade was a 11.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 30,700 shares of company stock worth $5,751,700. Insiders own 0.82% of the company's stock.

Woodward Profile

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.