LaFleur & Godfrey LLC Sells 1,980 Shares of Woodward Inc (WWD)

LaFleur & Godfrey LLC trimmed its holdings in Woodward Inc (NASDAQ:WWD) by 2.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 94,054 shares of the technology company’s stock after selling 1,980 shares during the period. Woodward makes up 1.8% of LaFleur & Godfrey LLC’s investment portfolio, making the stock its 21st biggest holding. LaFleur & Godfrey LLC’s holdings in Woodward were worth $7,199,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in WWD. Advisor Group Inc. boosted its holdings in Woodward by 9.8% in the 2nd quarter. Advisor Group Inc. now owns 1,654 shares of the technology company’s stock valued at $112,000 after purchasing an additional 147 shares during the period. Public Employees Retirement System of Ohio boosted its holdings in Woodward by 5.8% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 3,115 shares of the technology company’s stock valued at $211,000 after purchasing an additional 171 shares during the period. Amalgamated Bank boosted its holdings in Woodward by 5.1% in the 2nd quarter. Amalgamated Bank now owns 7,684 shares of the technology company’s stock valued at $519,000 after purchasing an additional 373 shares during the period. Virtu KCG Holdings LLC boosted its holdings in Woodward by 5.6% in the 2nd quarter. Virtu KCG Holdings LLC now owns 10,152 shares of the technology company’s stock valued at $686,000 after purchasing an additional 540 shares during the period. Finally, Mutual of America Capital Management LLC boosted its holdings in Woodward by 1.3% in the 2nd quarter. Mutual of America Capital Management LLC now owns 45,219 shares of the technology company’s stock valued at $3,056,000 after purchasing an additional 599 shares during the period. Institutional investors and hedge funds own 72.17% of the company’s stock.

WWD has been the subject of several analyst reports. Zacks Investment Research downgraded shares of Woodward from a “hold” rating to a “sell” rating in a report on Friday, October 27th. BidaskClub raised shares of Woodward from a “buy” rating to a “strong-buy” rating in a report on Friday, September 29th. ValuEngine downgraded shares of Woodward from a “buy” rating to a “hold” rating in a report on Wednesday, November 15th. Wood & Company downgraded shares of Woodward from an “outperform” rating to a “market perform” rating in a report on Thursday, October 26th. Finally, Cowen reissued a “hold” rating and issued a $62.00 price target on shares of Woodward in a report on Thursday, November 9th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $79.25.

In other news, Director Mary L. Petrovich sold 5,700 shares of Woodward stock in a transaction on Monday, November 13th. The shares were sold at an average price of $79.69, for a total transaction of $454,233.00. Following the completion of the sale, the director now directly owns 27,904 shares of the company’s stock, valued at approximately $2,223,669.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 6.17% of the company’s stock.

Woodward Inc (WWD) traded up $0.52 during midday trading on Monday, hitting $81.02. 498,417 shares of the stock were exchanged, compared to its average volume of 371,285. Woodward Inc has a 52 week low of $65.22 and a 52 week high of $84.23. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.39 and a quick ratio of 1.28. The company has a market cap of $4,960.00, a P/E ratio of 25.64, a P/E/G ratio of 1.98 and a beta of 1.24.

Woodward (NASDAQ:WWD) last posted its quarterly earnings data on Wednesday, November 8th. The technology company reported $0.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.05. Woodward had a net margin of 9.55% and a return on equity of 15.55%. The company had revenue of $606.79 million during the quarter, compared to the consensus estimate of $596.99 million. During the same period in the previous year, the firm posted $0.99 EPS. The firm’s revenue was up 2.7% compared to the same quarter last year. sell-side analysts predict that Woodward Inc will post 3.39 earnings per share for the current fiscal year.

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About Woodward

Woodward, Inc is an independent designer, manufacturer and service provider of energy control and optimization solutions. The Company designs, produces and services energy control products for various applications. The Company’s segments include Aerospace and Industrial. The Company’s Aerospace segment designs, manufactures and services systems and products for the management of fuel, air, combustion and motion control.

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Institutional Ownership by Quarter for Woodward (NASDAQ:WWD)

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