Yousif Capital Management LLC Sells 4,153 Shares of Howmet Aerospace Inc. $HWM

Yousif Capital Management LLC lowered its position in Howmet Aerospace Inc. (NYSE:HWM) by 7.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 49,442 shares of the company’s stock after selling 4,153 shares during the period. Yousif Capital Management LLC’s holdings in Howmet Aerospace were worth $9,702,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its position in Howmet Aerospace by 5.4% in the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after purchasing an additional 130 shares during the period. Kestra Advisory Services LLC raised its holdings in Howmet Aerospace by 7.3% during the first quarter. Kestra Advisory Services LLC now owns 20,193 shares of the company’s stock worth $2,620,000 after buying an additional 1,372 shares during the last quarter. AlphaQuest LLC lifted its stake in shares of Howmet Aerospace by 188.2% in the first quarter. AlphaQuest LLC now owns 3,571 shares of the company’s stock valued at $463,000 after buying an additional 2,332 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Howmet Aerospace by 44.3% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 3,327 shares of the company’s stock valued at $432,000 after buying an additional 1,022 shares during the last quarter. Finally, ICONIQ Capital LLC bought a new stake in shares of Howmet Aerospace during the first quarter worth about $312,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Stock Performance

Shares of HWM opened at $209.57 on Wednesday. The stock has a 50 day moving average of $199.87 and a 200 day moving average of $188.08. The company has a market capitalization of $84.26 billion, a price-to-earnings ratio of 58.87, a PEG ratio of 2.38 and a beta of 1.32. Howmet Aerospace Inc. has a 12 month low of $105.04 and a 12 month high of $211.95. The company has a current ratio of 2.35, a quick ratio of 1.14 and a debt-to-equity ratio of 0.63.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.04. Howmet Aerospace had a return on equity of 29.21% and a net margin of 18.18%.The business had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.04 billion. During the same quarter in the previous year, the firm earned $0.81 earnings per share. The business’s revenue was up 13.8% on a year-over-year basis. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS and its Q4 2025 guidance at 0.940-0.960 EPS. As a group, sell-side analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Announces Dividend

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

Analyst Upgrades and Downgrades

HWM has been the subject of a number of analyst reports. Cowen reiterated a “buy” rating on shares of Howmet Aerospace in a research note on Friday, October 31st. BNP Paribas Exane assumed coverage on Howmet Aerospace in a research note on Tuesday, November 18th. They issued an “outperform” rating and a $240.00 price objective for the company. Royal Bank Of Canada lifted their target price on Howmet Aerospace from $210.00 to $235.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. The Goldman Sachs Group increased their price target on Howmet Aerospace from $205.00 to $226.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Finally, Truist Financial raised their price objective on Howmet Aerospace from $202.00 to $217.00 and gave the company a “buy” rating in a research note on Wednesday, October 15th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $218.75.

About Howmet Aerospace

Howmet Aerospace Inc is an industrial technology company that designs, manufactures and repairs engineered metal products for the aerospace, transportation and industrial markets. Its product portfolio includes precision castings and forgings, engineered fasteners, seamless rolled rings, and complex components for turbine engines, airframes and industrial gas turbines. The company also provides aftermarket services such as component repair, overhaul and parts distribution to support the operating fleet of commercial and military customers.

Howmet serves a global customer base of original equipment manufacturers (OEMs) and aftermarket operators, with manufacturing, service and distribution facilities across North America, Europe and Asia.