WealthTrust Axiom LLC Sells 3,669 Shares of Howmet Aerospace Inc. $HWM

WealthTrust Axiom LLC decreased its stake in Howmet Aerospace Inc. (NYSE:HWM) by 10.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 33,128 shares of the company’s stock after selling 3,669 shares during the period. Howmet Aerospace accounts for about 1.8% of WealthTrust Axiom LLC’s holdings, making the stock its 11th biggest position. WealthTrust Axiom LLC’s holdings in Howmet Aerospace were worth $6,166,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC raised its holdings in shares of Howmet Aerospace by 5.4% in the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after purchasing an additional 130 shares during the period. Avantax Advisory Services Inc. grew its stake in shares of Howmet Aerospace by 18.2% during the 1st quarter. Avantax Advisory Services Inc. now owns 10,421 shares of the company’s stock worth $1,352,000 after acquiring an additional 1,601 shares during the period. Cetera Investment Advisers increased its holdings in Howmet Aerospace by 10.8% in the 1st quarter. Cetera Investment Advisers now owns 80,629 shares of the company’s stock worth $10,460,000 after acquiring an additional 7,858 shares during the last quarter. LPL Financial LLC raised its stake in Howmet Aerospace by 62.6% in the 1st quarter. LPL Financial LLC now owns 291,673 shares of the company’s stock valued at $37,839,000 after acquiring an additional 112,340 shares during the period. Finally, Foundations Investment Advisors LLC lifted its holdings in Howmet Aerospace by 9.4% during the first quarter. Foundations Investment Advisors LLC now owns 3,062 shares of the company’s stock valued at $397,000 after purchasing an additional 264 shares during the last quarter. 90.46% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on HWM. BTIG Research boosted their price target on shares of Howmet Aerospace from $205.00 to $240.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. UBS Group lifted their price objective on shares of Howmet Aerospace from $199.00 to $209.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. Vertical Research reaffirmed a “buy” rating on shares of Howmet Aerospace in a report on Thursday, July 31st. Royal Bank Of Canada lifted their price target on Howmet Aerospace from $210.00 to $235.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. Finally, Morgan Stanley set a $225.00 price objective on Howmet Aerospace and gave the stock an “overweight” rating in a report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $216.93.

Howmet Aerospace Stock Up 0.5%

HWM stock opened at $204.61 on Friday. The company’s 50 day moving average is $197.62 and its 200 day moving average is $183.94. The stock has a market cap of $82.26 billion, a price-to-earnings ratio of 59.83, a price-to-earnings-growth ratio of 2.64 and a beta of 1.47. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65. Howmet Aerospace Inc. has a 1-year low of $105.04 and a 1-year high of $211.95.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04. The business had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.04 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The business’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.81 EPS. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. Sell-side analysts predict that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, November 7th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is 13.48%.

Howmet Aerospace Company 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.