Ashton Thomas Securities LLC Lowers Stock Position in Howmet Aerospace Inc. $HWM

Ashton Thomas Securities LLC reduced its position in Howmet Aerospace Inc. (NYSE:HWM) by 13.7% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 6,758 shares of the company’s stock after selling 1,075 shares during the period. Ashton Thomas Securities LLC’s holdings in Howmet Aerospace were worth $1,258,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Howmet Aerospace by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 47,813,262 shares of the company’s stock worth $6,202,814,000 after purchasing an additional 695,953 shares during the period. JPMorgan Chase & Co. raised its holdings in Howmet Aerospace by 21.1% in the first quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company’s stock valued at $3,171,970,000 after buying an additional 4,252,401 shares during the period. Invesco Ltd. lifted its position in Howmet Aerospace by 8.3% during the first quarter. Invesco Ltd. now owns 7,315,238 shares of the company’s stock valued at $949,006,000 after buying an additional 563,109 shares in the last quarter. Northern Trust Corp grew its stake in Howmet Aerospace by 1.3% during the first quarter. Northern Trust Corp now owns 3,722,871 shares of the company’s stock worth $482,968,000 after buying an additional 45,963 shares during the period. Finally, Ameriprise Financial Inc. increased its position in shares of Howmet Aerospace by 6.1% in the first quarter. Ameriprise Financial Inc. now owns 3,589,432 shares of the company’s stock worth $465,666,000 after acquiring an additional 206,397 shares in the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on HWM shares. Susquehanna lifted their target price on shares of Howmet Aerospace from $170.00 to $210.00 and gave the company a “positive” rating in a report on Monday, July 14th. BTIG Research set a $205.00 target price on Howmet Aerospace and gave the stock a “buy” rating in a research report on Monday, August 4th. Truist Financial increased their target price on Howmet Aerospace from $161.00 to $192.00 and gave the company a “buy” rating in a research note on Thursday, June 12th. Wall Street Zen raised Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Howmet Aerospace in a report on Monday, June 30th. Thirteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $175.50.

Howmet Aerospace Trading Down 1.9%

Shares of HWM opened at $191.11 on Friday. Howmet Aerospace Inc. has a one year low of $98.83 and a one year high of $198.48. The stock has a 50-day moving average price of $182.33 and a 200 day moving average price of $165.31. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31. The company has a market capitalization of $77.04 billion, a P/E ratio of 55.88, a P/E/G ratio of 2.52 and a beta of 1.45.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04. The company had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.Howmet Aerospace’s quarterly revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.67 EPS. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. Sell-side analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Friday, November 7th. Howmet Aerospace’s dividend payout ratio (DPR) is currently 14.04%.

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.