YHB Investment Advisors Inc. Buys 528 Shares of Woodward, Inc. (NASDAQ:WWD)

YHB Investment Advisors Inc. raised its position in shares of Woodward, Inc. (NASDAQ:WWD) by 1.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,169 shares of the technology company’s stock after acquiring an additional 528 shares during the quarter. YHB Investment Advisors Inc.’s holdings in Woodward were worth $5,174,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. International Assets Investment Management LLC lifted its holdings in Woodward by 17,072.3% during the third quarter. International Assets Investment Management LLC now owns 76,760 shares of the technology company’s stock worth $13,165,000 after acquiring an additional 76,313 shares during the period. Sequoia Financial Advisors LLC increased its position in shares of Woodward by 2.3% during the third quarter. Sequoia Financial Advisors LLC now owns 13,949 shares of the technology company’s stock valued at $2,392,000 after buying an additional 315 shares during the period. Graybill Wealth Management LTD. increased its holdings in Woodward by 2.1% during the 3rd quarter. Graybill Wealth Management LTD. now owns 31,607 shares of the technology company’s stock worth $5,421,000 after acquiring an additional 644 shares during the period. Blue Trust Inc. raised its position in shares of Woodward by 35.1% in the third quarter. Blue Trust Inc. now owns 3,571 shares of the technology company’s stock worth $623,000 after buying an additional 928 shares in the last quarter. Finally, Wolff Wiese Magana LLC purchased a new stake in shares of Woodward in the 3rd quarter valued at about $31,000. Institutional investors own 81.18% of the company’s stock.

Wall Street Analyst Weigh In

WWD has been the subject of several research reports. StockNews.com lowered Woodward from a “buy” rating to a “hold” rating in a research note on Monday, October 14th. Jefferies Financial Group raised Woodward from a “hold” rating to a “buy” rating and upped their price target for the company from $170.00 to $190.00 in a research report on Wednesday, July 31st. Truist Financial raised shares of Woodward from a “hold” rating to a “buy” rating and raised their target price for the stock from $152.00 to $187.00 in a research report on Wednesday, August 21st. Deutsche Bank Aktiengesellschaft upped their price target on Woodward from $158.00 to $162.00 and gave the stock a “hold” rating in a research note on Thursday, October 3rd. Finally, The Goldman Sachs Group decreased their target price on shares of Woodward from $228.00 to $201.00 and set a “buy” rating for the company in a research note on Wednesday, July 31st. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $174.67.

Woodward Trading Up 0.1 %

Shares of WWD stock opened at $164.41 on Thursday. The stock has a market capitalization of $9.81 billion, a P/E ratio of 27.49, a P/E/G ratio of 1.74 and a beta of 1.37. The company has a current ratio of 1.96, a quick ratio of 1.29 and a debt-to-equity ratio of 0.26. The firm’s 50 day moving average is $164.37 and its 200 day moving average is $168.62. Woodward, Inc. has a 12-month low of $119.03 and a 12-month high of $188.35.

Woodward (NASDAQ:WWD) last issued its quarterly earnings data on Monday, July 29th. The technology company reported $1.63 EPS for the quarter, topping the consensus estimate of $1.52 by $0.11. Woodward had a return on equity of 17.16% and a net margin of 11.47%. The company had revenue of $847.69 million during the quarter, compared to analyst estimates of $853.29 million. During the same quarter in the previous year, the company posted $1.37 earnings per share. Woodward’s revenue was up 5.9% compared to the same quarter last year. Research analysts expect that Woodward, Inc. will post 5.92 earnings per share for the current year.

Woodward Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Thursday, November 21st will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.61%. The ex-dividend date is Thursday, November 21st. Woodward’s dividend payout ratio (DPR) is presently 16.72%.

Woodward Company 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.