Mutual Advisors LLC Acquires Shares of 2,969 Howmet Aerospace Inc. $HWM

Mutual Advisors LLC acquired a new stake in Howmet Aerospace Inc. (NYSE:HWM) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,969 shares of the company’s stock, valued at approximately $563,000.

Other large investors also recently bought and sold shares of the company. Harbour Investments Inc. boosted its stake in Howmet Aerospace by 10.1% in the first quarter. Harbour Investments Inc. now owns 1,114 shares of the company’s stock valued at $145,000 after acquiring an additional 102 shares in the last quarter. PFG Advisors boosted its stake in Howmet Aerospace by 37.9% in the first quarter. PFG Advisors now owns 9,593 shares of the company’s stock valued at $1,245,000 after acquiring an additional 2,635 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Howmet Aerospace by 233.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 140,883 shares of the company’s stock valued at $18,277,000 after acquiring an additional 98,642 shares in the last quarter. Private Trust Co. NA boosted its stake in Howmet Aerospace by 65.4% in the first quarter. Private Trust Co. NA now owns 673 shares of the company’s stock valued at $87,000 after acquiring an additional 266 shares in the last quarter. Finally, Diversified Trust Co boosted its stake in Howmet Aerospace by 13.5% in the second quarter. Diversified Trust Co now owns 22,297 shares of the company’s stock valued at $4,150,000 after acquiring an additional 2,645 shares in the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Price Performance

Shares of NYSE:HWM opened at $189.64 on Monday. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65. The company has a market cap of $76.45 billion, a P/E ratio of 55.45, a PEG ratio of 2.46 and a beta of 1.45. Howmet Aerospace Inc. has a 52 week low of $98.83 and a 52 week high of $198.48. The company has a 50-day moving average price of $183.61 and a 200 day moving average price of $170.27.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04. The firm had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.99 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The firm’s revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the firm earned $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. Research analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The company also recently disclosed 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 yield of 0.3%. Howmet Aerospace’s dividend payout ratio (DPR) is presently 14.04%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Zacks Research downgraded shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. Barclays reiterated an “overweight” rating and set a $190.00 target price (up previously from $140.00) on shares of Howmet Aerospace in a research note on Monday, August 4th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Howmet Aerospace in a research note on Monday, June 30th. Morgan Stanley increased their target price on shares of Howmet Aerospace from $170.00 to $210.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. Finally, Truist Financial increased their target price on shares of Howmet Aerospace from $202.00 to $217.00 and gave the stock a “buy” rating in a research note on Wednesday. Fourteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $178.00.

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.