Sumitomo Mitsui Trust Holdings Inc. acquired a new position in shares of Woodward, Inc.Common Stock (NASDAQ:WWD) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 225,324 shares of the technology company’s stock, valued at approximately $24,297,000. Sumitomo Mitsui Trust Holdings Inc. owned about 0.36% of Woodward, Inc.Common Stock at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Usca Ria LLC purchased a new stake in shares of Woodward, Inc.Common Stock during the 3rd quarter worth $34,000. Retirement Systems of Alabama lifted its stake in shares of Woodward, Inc.Common Stock by 0.6% during the 3rd quarter. Retirement Systems of Alabama now owns 73,159 shares of the technology company’s stock worth $7,889,000 after purchasing an additional 441 shares during the last quarter. Heritage Way Advisors LLC purchased a new stake in Woodward, Inc.Common Stock in the third quarter valued at about $205,000. Steward Partners Investment Advisory LLC raised its stake in Woodward, Inc.Common Stock by 281.7% in the third quarter. Steward Partners Investment Advisory LLC now owns 271 shares of the technology company’s stock valued at $29,000 after buying an additional 200 shares during the last quarter. Finally, Pembroke Management LTD raised its stake in Woodward, Inc.Common Stock by 26.5% in the third quarter. Pembroke Management LTD now owns 198,030 shares of the technology company’s stock valued at $21,354,000 after buying an additional 41,526 shares during the last quarter. Hedge funds and other institutional investors own 73.81% of the company’s stock.
In other news, CFO Robert F. Weber, Jr. sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $108.32, for a total value of $1,083,200.00. Following the transaction, the chief financial officer now owns 36,553 shares in the company, valued at $3,959,420.96. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders sold 30,000 shares of company stock worth $3,209,000. Company insiders own 4.61% of the company’s stock.
Woodward, Inc.Common Stock stock opened at $111.23 on Friday. The stock has a market cap of $6.75 billion, a PE ratio of 28.89, a price-to-earnings-growth ratio of 1.63 and a beta of 1.30. The stock has a 50-day moving average of $107.48 and a two-hundred day moving average of $109.49. Woodward, Inc.Common Stock has a one year low of $68.40 and a one year high of $119.20. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.19 and a current ratio of 2.02.
The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Monday, November 18th will be given a $0.162 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.65 annualized dividend and a dividend yield of 0.58%. Woodward, Inc.Common Stock’s dividend payout ratio (DPR) is presently 16.88%.
Woodward, Inc.Common Stock 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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