12,685 Howmet Aerospace Inc. $HWM Shares Sold by Neville Rodie & Shaw Inc.

Neville Rodie & Shaw Inc. cut its stake in Howmet Aerospace Inc. (NYSE:HWM) by 20.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 50,129 shares of the company’s stock after selling 12,685 shares during the period. Neville Rodie & Shaw Inc.’s holdings in Howmet Aerospace were worth $11,338,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in HWM. Premier Path Wealth Partners LLC boosted its stake in shares of Howmet Aerospace by 1.0% in the 2nd quarter. Premier Path Wealth Partners LLC now owns 3,812 shares of the company’s stock valued at $1,025,000 after purchasing an additional 37 shares in the last quarter. Bartlett & CO. Wealth Management LLC boosted its position in Howmet Aerospace by 55.1% during the second quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock valued at $29,000 after buying an additional 38 shares during the period. Tudor Financial Inc. boosted its position in Howmet Aerospace by 2.6% during the fourth quarter. Tudor Financial Inc. now owns 1,650 shares of the company’s stock valued at $338,000 after buying an additional 42 shares during the period. Physician Wealth Advisors Inc. grew its stake in shares of Howmet Aerospace by 2.5% during the first quarter. Physician Wealth Advisors Inc. now owns 1,730 shares of the company’s stock valued at $399,000 after buying an additional 42 shares during the last quarter. Finally, Roman Butler Fullerton & Co. increased its holdings in shares of Howmet Aerospace by 0.4% in the first quarter. Roman Butler Fullerton & Co. now owns 10,537 shares of the company’s stock worth $2,634,000 after buying an additional 42 shares during the period. Institutional investors own 90.46% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on HWM shares. Wall Street Zen lowered Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 5th. Royal Bank Of Canada lifted their price target on Howmet Aerospace from $325.00 to $350.00 and gave the stock an “outperform” rating in a research note on Friday, August 7th. Susquehanna boosted their price objective on Howmet Aerospace from $330.00 to $340.00 and gave the company a “positive” rating in a research report on Friday, August 7th. Guggenheim began coverage on Howmet Aerospace in a research note on Monday, September 14th. They set a “buy” rating and a $350.00 price objective for the company. Finally, UBS Group raised their target price on shares of Howmet Aerospace from $299.00 to $326.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $314.84.

Howmet Aerospace Trading Down 0.3%

NYSE HWM traded down $0.77 during trading on Monday, hitting $230.50. The company had a trading volume of 764,411 shares, compared to its average volume of 2,714,977. The company’s fifty day moving average is $257.63 and its 200-day moving average is $257.90. Howmet Aerospace Inc. has a one year low of $183.83 and a one year high of $310.00. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71. The company has a market cap of $92.23 billion, a price-to-earnings ratio of 49.67, a price-to-earnings-growth ratio of 2.08 and a beta of 1.21.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.09. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The company had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.43 billion. During the same quarter in the previous year, the company earned $0.91 earnings per share. Howmet Aerospace’s quarterly revenue was up 24.1% on a year-over-year basis. Howmet Aerospace has set its Q3 2026 guidance at 1.340-1.360 EPS and its FY 2026 guidance at 5.230-5.310 EPS. On average, sell-side analysts predict that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 25th. Investors of record on Friday, August 7th were paid a $0.14 dividend. The ex-dividend date of this dividend was Friday, August 7th. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a yield of 0.2%. Howmet Aerospace’s payout ratio is currently 12.07%.

Howmet Aerospace Profile

Howmet Aerospace Inc (NYSE:HWM) is an aerospace and industrial products company that develops and manufactures advanced engineered components and systems. Its products are used primarily in commercial and defense aircraft, aircraft engines, and other transportation and industrial applications.

The company’s principal businesses include engine products, fastening systems, engineered structures, and forged wheels. Its offerings include forged and cast engine components, airfoils, titanium and nickel-based parts, aerospace structural components, specialized fasteners, and forged aluminum wheels for commercial transportation.