Today’s Ownership Action: Woodward Inc Stock Rise in 2016 Q2 Driven by Institutional Investors

December 1, 2016 - By kentuckypostne   ·   0 Comments

Today's Ownership Action: Woodward Inc Stock Rise in  2016 Q2 Driven by Institutional Investors

Sentiment for Woodward Inc (NASDAQ:WWD)

Woodward Inc (NASDAQ:WWD) institutional sentiment increased to 0.89 in Q2 2016. Its up 0.01, from 0.88 in 2016Q1. The ratio is better, as 98 institutional investors increased and opened new positions, while 112 decreased and sold holdings in Woodward Inc. The institutional investors in our partner’s database now possess: 45.92 million shares, down from 46.29 million shares in 2016Q1. Also, the number of institutional investors holding Woodward Inc in their top 10 positions was flat from 5 to 5 for the same number . Sold All: 16 Reduced: 96 Increased: 64 New Position: 34.

Woodward, Inc. is an independent designer, maker and service well-known provider of energy control and optimization solutions. The company has a market cap of $4.22 billion. The Firm designs, produces and services energy control products for various applications. It has a 23.85 P/E ratio. The Company’s divisions include Aerospace and Industrial.

About 103,184 shares traded hands. Woodward Inc (NASDAQ:WWD) has risen 22.81% since April 28, 2016 and is uptrending. It has outperformed by 16.89% the S&P500.

Analysts await Woodward Inc (NASDAQ:WWD) to report earnings on January, 17. They expect $0.51 earnings per share, down 8.93% or $0.05 from last year’s $0.56 per share. WWD’s profit will be $31.58M for 33.40 P/E if the $0.51 EPS becomes a reality. After $0.99 actual earnings per share reported by Woodward Inc for the previous quarter, Wall Street now forecasts -48.48% negative EPS growth.

According to Zacks Investment Research, “Woodward Inc. operates as a designer, manufacturer, and service provider of energy control and optimization solutions used in global infrastructure equipment serving the aerospace, power generation and distribution, and transportation markets. The Company has four operating business segments – Turbine Systems, Airframe Systems, Electrical Power Systems, and Engine Systems. The products offered by the Company include solution for the Aircraft Turbine Systems, Industrial Gas Turbine Control, Steam Turbine Control, Industrial Gas Engine Control, Industrial Diesel Engine Control, Power Conversion, Power Distribution, Power Generation. Its customer base comprises original equipment manufacturers and end users of their products. Woodward Inc., formerly known as Woodward Governor Company is headquartered in Fort Collins, Colorado.”

Thompson Rubinstein Investment Management Inc Or holds 3.09% of its portfolio in Woodward Inc for 137,607 shares. Garrison Bradford & Associates Inc owns 54,153 shares or 3.06% of their US portfolio. Moreover, Snyder Capital Management L P has 3.06% invested in the company for 815,955 shares. The California-based Lombardia Capital Partners Llc has invested 2.58% in the stock. Terril Brothers Inc., a Missouri-based fund reported 100,179 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 6 selling transactions for $2.96 million net activity.

Woodward Inc (NASDAQ:WWD) Ratings Coverage

Ratings analysis reveals 25% of Woodward Governor’s analysts are positive. Out of 4 Wall Street analysts rating Woodward Governor, 1 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $45 while the high is $70. The stock’s average target of $55 is -19.28% below today’s ($68.14) share price. WWD was included in 8 notes of analysts from July 21, 2015. Maxim Group maintained Woodward Inc (NASDAQ:WWD) on Wednesday, November 11 with “Buy” rating. The firm earned “Market Perform” rating on Monday, September 14 by Cowen & Co. The rating was maintained by Maxim Group with “Buy” on Friday, July 15. The rating was initiated by Barrington Research on Friday, September 16 with “Mkt Perform”.

WWD Company Profile

Woodward, Inc., incorporated on November 18, 1976, is a designer, manufacturer, and service well-known provider of energy controls and optimization solutions. The Firm has production and assembly facilities in the United States, Europe and Asia, and promotes its services and products through its worldwide locations. The Company’s is engaged in providing energy control and optimization solutions for the aerospace and energy markets. The Firm focuses primarily on original equipment manufacturers (OEMs) and equipment packagers, partnering with them to bring component and system solutions to their demanding applications. The Firm operates in two divisions: Aerospace and Energy. The Firm also provides aftermarket repair, replacement and other service support for its installed products.

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