Deroy & Devereaux Private Investment Counsel Inc. Sells 49,550 Shares of Howmet Aerospace Inc. $HWM

Deroy & Devereaux Private Investment Counsel Inc. cut its position in Howmet Aerospace Inc. (NYSE:HWM) by 25.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 144,447 shares of the company’s stock after selling 49,550 shares during the quarter. Howmet Aerospace comprises approximately 1.5% of Deroy & Devereaux Private Investment Counsel Inc.’s holdings, making the stock its 27th biggest position. Deroy & Devereaux Private Investment Counsel Inc.’s holdings in Howmet Aerospace were worth $26,886,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Harbour Investments Inc. lifted its holdings in Howmet Aerospace by 10.1% during the 1st quarter. Harbour Investments Inc. now owns 1,114 shares of the company’s stock valued at $145,000 after purchasing an additional 102 shares during the last quarter. PFG Advisors lifted its holdings in Howmet Aerospace by 37.9% during the 1st quarter. PFG Advisors now owns 9,593 shares of the company’s stock valued at $1,245,000 after purchasing an additional 2,635 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Howmet Aerospace by 233.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 140,883 shares of the company’s stock valued at $18,277,000 after purchasing an additional 98,642 shares during the last quarter. Private Trust Co. NA lifted its holdings in Howmet Aerospace by 65.4% during the 1st quarter. Private Trust Co. NA now owns 673 shares of the company’s stock valued at $87,000 after purchasing an additional 266 shares during the last quarter. Finally, Diversified Trust Co lifted its holdings in Howmet Aerospace by 13.5% during the 2nd quarter. Diversified Trust Co now owns 22,297 shares of the company’s stock valued at $4,150,000 after purchasing an additional 2,645 shares during the last quarter. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Stock Up 1.5%

HWM opened at $192.91 on Wednesday. Howmet Aerospace Inc. has a fifty-two week low of $98.83 and a fifty-two week high of $198.48. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31. The company has a market capitalization of $77.77 billion, a P/E ratio of 56.41, a P/E/G ratio of 2.46 and a beta of 1.45. The stock has a fifty day moving average of $183.02 and a 200-day moving average of $168.72.

Howmet Aerospace (NYSE:HWM) last posted its earnings results on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The company had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.99 billion. During the same quarter last year, the firm earned $0.67 earnings per share. The company’s revenue was up 9.2% on a year-over-year basis. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. On average, equities analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 25th. Investors of record on Friday, November 7th will be given a $0.12 dividend. The ex-dividend date is Friday, November 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is presently 14.04%.

Wall Street Analysts Forecast Growth

HWM has been the subject of several research reports. Bank of America raised their price target on Howmet Aerospace from $185.00 to $215.00 and gave the company a “buy” rating in a report on Tuesday, August 5th. Vertical Research reaffirmed a “buy” rating on shares of Howmet Aerospace in a report on Thursday, July 31st. Barclays reaffirmed an “overweight” rating and set a $190.00 price target (up previously from $140.00) on shares of Howmet Aerospace in a report on Monday, August 4th. Susquehanna lifted their target price on Howmet Aerospace from $210.00 to $220.00 and gave the stock a “positive” rating in a report on Thursday, October 9th. Finally, JPMorgan Chase & Co. lifted their target price on Howmet Aerospace from $150.00 to $190.00 and gave the stock an “overweight” rating in a report on Monday, August 4th. Fourteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $176.21.

About Howmet Aerospace

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.