Landscape Capital Management L.L.C. Acquires 3,996 Shares of Woodward, Inc. (NASDAQ:WWD)

Landscape Capital Management L.L.C. boosted its holdings in Woodward, Inc. (NASDAQ:WWD - Free Report) by 145.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,751 shares of the technology company's stock after buying an additional 3,996 shares during the period. Landscape Capital Management L.L.C.'s holdings in Woodward were worth $1,124,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Atomi Financial Group Inc. lifted its stake in Woodward by 5.1% in the 4th quarter. Atomi Financial Group Inc. now owns 1,355 shares of the technology company's stock worth $225,000 after purchasing an additional 66 shares in the last quarter. Assetmark Inc. boosted its stake in Woodward by 20.8% during the fourth quarter. Assetmark Inc. now owns 401 shares of the technology company's stock valued at $67,000 after buying an additional 69 shares during the period. Delta Capital Management LLC grew its position in Woodward by 4.0% during the fourth quarter. Delta Capital Management LLC now owns 1,805 shares of the technology company's stock worth $300,000 after buying an additional 70 shares in the last quarter. Summit Financial LLC increased its stake in Woodward by 6.5% in the 4th quarter. Summit Financial LLC now owns 1,324 shares of the technology company's stock worth $220,000 after acquiring an additional 81 shares during the last quarter. Finally, Mather Group LLC. raised its holdings in shares of Woodward by 44.8% in the 4th quarter. Mather Group LLC. now owns 278 shares of the technology company's stock valued at $46,000 after acquiring an additional 86 shares in the last quarter. Hedge funds and other institutional investors own 81.18% of the company's stock.

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Woodward Trading Up 0.8 %

Shares of NASDAQ:WWD traded up $1.29 during midday trading on Friday, hitting $167.64. 369,587 shares of the stock traded hands, compared to its average volume of 467,436. 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 capitalization of $9.95 billion, a PE ratio of 28.08, a P/E/G ratio of 2.37 and a beta of 1.12. Woodward, Inc. has a one year low of $144.45 and a one year high of $201.64. The business's 50 day moving average is $182.18 and its two-hundred day moving average is $176.98.

Woodward (NASDAQ:WWD - Get Free Report) last posted its earnings results on Monday, February 3rd. The technology company reported $1.35 EPS for the quarter, topping the consensus estimate of $1.14 by $0.21. Woodward had a net margin of 11.18% and a return on equity of 16.76%. During the same period in the previous year, the business posted $1.45 earnings per share. As a group, research analysts forecast that Woodward, Inc. will post 6.15 earnings per share for the current year.

Woodward Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 6th. Stockholders of record on Thursday, February 20th were paid a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date of this dividend was Thursday, February 20th. This is a boost from Woodward's previous quarterly dividend of $0.25. Woodward's dividend payout ratio (DPR) is presently 18.76%.

Wall Street Analysts Forecast Growth

WWD has been the topic of several research analyst reports. StockNews.com cut shares of Woodward from a "buy" rating to a "hold" rating in a research report on Thursday, April 3rd. Truist Financial raised their price objective on shares of Woodward from $226.00 to $229.00 and gave the company a "buy" rating in a research report on Tuesday, January 14th. Wells Fargo & Company cut their target price on shares of Woodward from $205.00 to $172.00 and set an "equal weight" rating for the company in a research report on Tuesday. Finally, UBS Group lifted their price target on Woodward from $216.00 to $232.00 and gave the stock a "buy" rating in a research note on Tuesday, February 4th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $193.25.

Insider Buying and Selling

In other Woodward news, Director Gregg C. Sengstack sold 4,600 shares of Woodward stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $187.86, for a total transaction of $864,156.00. Following the completion of the transaction, the director now owns 17,450 shares in the company, valued at approximately $3,278,157. The trade was a 20.86 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Thomas G. Cromwell sold 10,000 shares of the stock in a transaction on Monday, March 24th. The stock was sold at an average price of $186.49, for a total value of $1,864,900.00. Following the completion of the sale, the chief operating officer now directly owns 15,477 shares in the company, valued at approximately $2,886,305.73. This represents a 39.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 27,900 shares of company stock valued at $5,215,444 over the last ninety days. Company 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.