Earned Wealth Advisors LLC Reduces Stock Position in Howmet Aerospace Inc. $HWM

Earned Wealth Advisors LLC decreased its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 4.4% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 4,487 shares of the company’s stock after selling 207 shares during the period. Earned Wealth Advisors LLC’s holdings in Howmet Aerospace were worth $835,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Harbour Investments Inc. lifted its holdings in shares of Howmet Aerospace by 10.1% in the first quarter. Harbour Investments Inc. now owns 1,114 shares of the company’s stock worth $145,000 after buying an additional 102 shares in the last quarter. PFG Advisors lifted its holdings in shares of Howmet Aerospace by 37.9% in the first quarter. PFG Advisors now owns 9,593 shares of the company’s stock worth $1,245,000 after buying an additional 2,635 shares in the last quarter. Private Trust Co. NA lifted its stake in Howmet Aerospace by 65.4% in the 1st quarter. Private Trust Co. NA now owns 673 shares of the company’s stock worth $87,000 after purchasing an additional 266 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Howmet Aerospace in the 2nd quarter worth approximately $40,949,000. Finally, Diversified Trust Co lifted its stake in Howmet Aerospace by 13.5% in the 2nd quarter. Diversified Trust Co now owns 22,297 shares of the company’s stock worth $4,150,000 after purchasing an additional 2,645 shares in the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the stock. 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, October 15th. Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a research report on Wednesday, October 8th. JPMorgan Chase & Co. increased their price objective on Howmet Aerospace from $150.00 to $190.00 and gave the stock an “overweight” rating in a research report on Monday, August 4th. Susquehanna raised their price target on Howmet Aerospace from $210.00 to $220.00 and gave the company a “positive” rating in a report on Thursday, October 9th. Finally, Vertical Research reaffirmed a “buy” rating on shares of Howmet Aerospace in a report on Thursday, July 31st. Thirteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and a consensus price target of $181.92.

Howmet Aerospace Trading Down 0.9%

NYSE HWM opened at $201.71 on Friday. The stock’s 50-day simple moving average is $187.88 and its two-hundred day simple moving average is $174.81. Howmet Aerospace Inc. has a twelve month low of $99.10 and a twelve month high of $211.95. 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 capitalization of $81.32 billion, a price-to-earnings ratio of 58.98, a PEG ratio of 2.64 and a beta of 1.45.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. The company had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.04 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.Howmet Aerospace’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same period last year, the firm posted $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. Research analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be paid a $0.12 dividend. The ex-dividend date of this dividend 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 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.