Woodward, Inc. reported strong earnings and revenue growth, adjusted its stock stakes, and announced a dividend.

Institutional investors adjusted their stakes in Woodward, Inc. (NASDAQ:WWD) in the third quarter, with Former LLC reducing its holdings by 4.9% to $164.78 million. Woodward reported earnings per share of $1.41, surpassing analyst expectations, with revenue up 10% to $855 million. Analysts have a "Moderate Buy" rating on the stock, with price targets ranging from $160 to $228. The company also announced a quarterly dividend of $0.25 per share, to be paid on December 5th to shareholders of record as of November 21st.

December 04, 2024
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