Wood & Company reiterated their sell rating on shares of Woodward, Inc.Common Stock (NASDAQ:WWD) in a research report report published on Thursday.

Other research analysts have also issued reports about the company. SunTrust Banks raised Woodward, Inc.Common Stock from a hold rating to a buy rating and raised their price target for the company from $80.00 to $96.00 in a report on Tuesday, November 20th. Barrington Research reissued a hold rating on shares of Woodward, Inc.Common Stock in a report on Tuesday, October 30th. Credit Suisse Group raised their price target on Woodward, Inc.Common Stock from $78.00 to $81.00 and gave the company a neutral rating in a report on Thursday, November 8th. Zacks Investment Research raised Woodward, Inc.Common Stock from a sell rating to a hold rating in a report on Friday, October 5th. Finally, BidaskClub raised Woodward, Inc.Common Stock from a hold rating to a buy rating in a report on Wednesday, November 7th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. Woodward, Inc.Common Stock presently has a consensus rating of Hold and a consensus target price of $87.13.

WWD stock opened at $77.29 on Thursday. The company has a current ratio of 1.89, a quick ratio of 0.96 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $4.85 billion, a price-to-earnings ratio of 20.08, a P/E/G ratio of 1.45 and a beta of 1.33. Woodward, Inc.Common Stock has a 1 year low of $68.56 and a 1 year high of $89.30.

Woodward, Inc.Common Stock (NASDAQ:WWD) last posted its earnings results on Wednesday, November 7th. The technology company reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.08. The company had revenue of $719.40 million for the quarter, compared to analysts’ expectations of $689.01 million. Woodward, Inc.Common Stock had a return on equity of 16.80% and a net margin of 7.76%. The firm’s quarterly revenue was up 18.6% compared to the same quarter last year. During the same period last year, the business posted $0.98 earnings per share. As a group, analysts predict that Woodward, Inc.Common Stock will post 4.6 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 27th. Investors of record on Tuesday, November 13th were issued a dividend of $0.1425 per share. This is a positive change from Woodward, Inc.Common Stock’s previous quarterly dividend of $0.14. This represents a $0.57 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date of this dividend was Friday, November 9th. Woodward, Inc.Common Stock’s payout ratio is presently 14.81%.

In related news, insider Thomas A. Gendron sold 4,500 shares of Woodward, Inc.Common Stock stock in a transaction dated Tuesday, December 4th. The stock was sold at an average price of $82.51, for a total transaction of $371,295.00. Following the transaction, the insider now directly owns 229,890 shares of the company’s stock, valued at $18,968,223.90. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Christopher Fawzy sold 3,000 shares of Woodward, Inc.Common Stock stock in a transaction dated Monday, December 3rd. The stock was sold at an average price of $85.00, for a total value of $255,000.00. Following the transaction, the vice president now directly owns 6,506 shares in the company, valued at $553,010. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 23,625 shares of company stock worth $1,942,411. 6.17% of the stock is owned by corporate insiders.

A number of large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in Woodward, Inc.Common Stock by 1.9% during the third quarter. Vanguard Group Inc. now owns 4,965,656 shares of the technology company’s stock worth $401,523,000 after acquiring an additional 93,193 shares during the period. Morgan Stanley increased its stake in Woodward, Inc.Common Stock by 41.8% in the 3rd quarter. Morgan Stanley now owns 284,692 shares of the technology company’s stock worth $23,020,000 after purchasing an additional 83,893 shares in the last quarter. Nordea Investment Management AB purchased a new position in Woodward, Inc.Common Stock in the 3rd quarter worth about $10,960,000. Teachers Advisors LLC increased its stake in Woodward, Inc.Common Stock by 2.5% in the 3rd quarter. Teachers Advisors LLC now owns 127,071 shares of the technology company’s stock worth $10,275,000 after purchasing an additional 3,118 shares in the last quarter. Finally, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp purchased a new position in Woodward, Inc.Common Stock in the 3rd quarter worth about $938,000. 73.70% of the stock is currently owned by hedge funds and other institutional investors.

About Woodward, Inc.Common Stock

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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Analyst Recommendations for Woodward, Inc.Common Stock (NASDAQ:WWD)

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