Wealth Enhancement Advisory Services LLC Grows Holdings in Howmet Aerospace Inc. $HWM

Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 16.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 238,423 shares of the company’s stock after purchasing an additional 34,306 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Howmet Aerospace were worth $45,648,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC lifted its stake 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 acquiring an additional 130 shares during the period. Acadian Asset Management LLC purchased a new position in Howmet Aerospace during the first quarter worth about $399,000. Sivia Capital Partners LLC acquired a new stake in Howmet Aerospace in the second quarter valued at about $216,000. UMB Bank n.a. boosted its holdings in Howmet Aerospace by 15.5% in the 2nd quarter. UMB Bank n.a. now owns 1,383 shares of the company’s stock valued at $257,000 after purchasing an additional 186 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its position in Howmet Aerospace by 49.2% during the 2nd quarter. Farther Finance Advisors LLC now owns 9,849 shares of the company’s stock worth $1,833,000 after purchasing an additional 3,250 shares during the period. 90.46% of the stock is owned by hedge funds and other institutional investors.

Howmet Aerospace Price Performance

Shares of NYSE:HWM opened at $220.16 on Wednesday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.14 and a current ratio of 2.35. The business’s fifty day moving average price is $205.45 and its two-hundred day moving average price is $193.68. The stock has a market cap of $88.52 billion, a PE ratio of 61.84, a price-to-earnings-growth ratio of 2.13 and a beta of 1.29. Howmet Aerospace Inc. has a one year low of $105.04 and a one year high of $226.87.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04. The company had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.04 billion. Howmet Aerospace had a return on equity of 29.21% and a net margin of 18.18%.The business’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.81 earnings per share. 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. On average, analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 25th. Investors of record on Friday, February 6th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, February 6th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is 13.48%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on HWM. BNP Paribas raised Howmet Aerospace to a “strong-buy” rating in a report on Tuesday, November 18th. Susquehanna reiterated a “positive” rating and issued a $255.00 price target on shares of Howmet Aerospace in a report on Thursday, January 15th. Zacks Research cut shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. TD Cowen upped their target price on shares of Howmet Aerospace from $210.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Finally, Royal Bank Of Canada increased their target price on shares of Howmet Aerospace from $210.00 to $235.00 and gave the company an “outperform” rating in a report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Howmet Aerospace currently has an average rating of “Moderate Buy” and a consensus price target of $224.53.

Howmet Aerospace Profile

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.