Is Woodward Inc (NASDAQ:WWD) Going to Burn These Institutional Investors?

October 2, 2018 - By whatsonthorold

Woodward, Inc. (NASDAQ:WWD) Logo

Sentiment for Woodward Inc (NASDAQ:WWD)

Woodward Inc (NASDAQ:WWD) institutional sentiment increased to 1.35 in 2018 Q2. Its up 0.22, from 1.13 in 2018Q1. The ratio increased, as 116 institutional investors opened new or increased holdings, while 86 decreased and sold stock positions in Woodward Inc. The institutional investors in our partner’s database now have: 44.29 million shares, up from 43.23 million shares in 2018Q1. Also, the number of institutional investors holding Woodward Inc in their top 10 holdings increased from 2 to 3 for an increase of 1. Sold All: 20 Reduced: 66 Increased: 88 New Position: 28.

Woodward, Inc. designs, manufactures, and services energy control and optimization solutions for the aerospace, industrial, and energy markets worldwide. The company has market cap of $4.89 billion. The Company’s 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 that are used on commercial and private aircrafts and helicopters, as well as in military fixed-wing aircrafts and rotorcrafts, weapons, and defense systems. It has a 30 P/E ratio. It also offers aftermarket repair, overhaul, and other services to commercial airlines, turbine original equipment maker repair facilities, military depots, third party repair shops, and other end users.

The stock decreased 0.80% or $0.635 during the last trading session, reaching $79.175. About 44,833 shares traded. Woodward, Inc. (NASDAQ:WWD) has risen 13.21% since October 2, 2017 and is uptrending. It has underperformed by 2.41% the S&P500.

Analysts await Woodward, Inc. (NASDAQ:WWD) to report earnings on November, 14. They expect $1.32 EPS, up 34.69 % or $0.34 from last year’s $0.98 per share. WWD’s profit will be $81.44 million for 15.00 P/E if the $1.32 EPS becomes a reality. After $1.12 actual EPS reported by Woodward, Inc. for the previous quarter, Wall Street now forecasts 17.86 % EPS growth.

Garrison Bradford & Associates Inc holds 3.47% of its portfolio in Woodward, Inc. for 55,115 shares. Black Creek Investment Management Inc. owns 1.42 million shares or 3.33% of their US portfolio. Moreover, Thompson Rubinstein Investment Management Inc Or has 3.32% invested in the company for 129,062 shares. The California-based Snyder Capital Management L P has invested 3.09% in the stock. Terril Brothers Inc., a Missouri-based fund reported 100,179 shares.

Since January 1, 0001, it had 0 insider purchases, and 11 selling transactions for $9.73 million activity.

Woodward, Inc. (NASDAQ:WWD) Ratings Coverage

Ratings analysis reveals 0 of Woodward’s analysts are positive. Out of 3 Wall Street analysts rating Woodward, 0 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $78 while the high is $8100. The stock’s average target of $79.50 is 0.41% above today’s ($79.175) share price. WWD was included in 3 notes of analysts from April 10, 2018. The rating was maintained by Jefferies on Monday, April 23 with “Hold”. On Tuesday, April 24 the stock rating was maintained by Credit Suisse with “Neutral”.

Woodward, Inc. (NASDAQ:WWD) Institutional Positions Chart

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