Ameritas Advisory Services LLC decreased its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 45.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,587 shares of the company’s stock after selling 1,313 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Howmet Aerospace were worth $295,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of HWM. Brighton Jones LLC raised its stake in Howmet Aerospace by 5.4% during the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after acquiring an additional 130 shares during the period. Gateway Investment Advisers LLC acquired a new stake in Howmet Aerospace during the first quarter worth about $230,000. UMB Bank n.a. raised its stake in Howmet Aerospace by 22.0% during the first quarter. UMB Bank n.a. now owns 1,197 shares of the company’s stock worth $155,000 after acquiring an additional 216 shares during the period. Park Avenue Securities LLC raised its stake in Howmet Aerospace by 126.1% during the first quarter. Park Avenue Securities LLC now owns 24,207 shares of the company’s stock worth $3,140,000 after acquiring an additional 13,500 shares during the period. Finally, Capital Investment Advisors LLC acquired a new stake in Howmet Aerospace during the first quarter worth about $214,000. Institutional investors and hedge funds own 90.46% of the company’s stock.
Analyst Upgrades and Downgrades
HWM has been the topic of several research reports. Barclays reiterated an “overweight” rating and set a $190.00 price objective (up previously from $140.00) on shares of Howmet Aerospace in a research note on Monday, August 4th. Vertical Research restated a “buy” rating on shares of Howmet Aerospace in a research report on Thursday, July 31st. BTIG Research set a $205.00 target price on shares of Howmet Aerospace and gave the stock a “buy” rating in a research report on Monday, August 4th. Truist Financial upped their target price on shares of Howmet Aerospace from $161.00 to $192.00 and gave the stock a “buy” rating in a research report on Thursday, June 12th. Finally, Bank of America upped their target price on shares of Howmet Aerospace from $185.00 to $215.00 and gave the stock a “buy” rating in a research report on Tuesday, August 5th. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $175.50.
Howmet Aerospace Trading Up 0.4%
Howmet Aerospace stock opened at $191.26 on Wednesday. The firm has a 50 day simple moving average of $182.42 and a 200-day simple moving average of $166.80. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08. The stock has a market capitalization of $77.10 billion, a PE ratio of 55.92, a price-to-earnings-growth ratio of 2.47 and a beta of 1.45. Howmet Aerospace Inc. has a 12-month low of $98.83 and a 12-month high of $198.48.
Howmet Aerospace (NYSE:HWM – Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.04. The business had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $1.99 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The business’s revenue was up 9.2% on a year-over-year basis. During the same period last year, the firm posted $0.67 earnings per share. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. As a group, equities research analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.
Howmet Aerospace Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be issued a $0.12 dividend. The ex-dividend date is Friday, November 7th. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. Howmet Aerospace’s dividend payout ratio (DPR) is 14.04%.
Howmet Aerospace Profile
Howmet Aerospace Inc provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels.
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