Earned Wealth Advisors LLC Has $835,000 Holdings in Howmet Aerospace Inc. $HWM

Earned Wealth Advisors LLC lessened its position in Howmet Aerospace Inc. (NYSE:HWM) by 4.4% in the second quarter, according to its most recent disclosure with the SEC. The firm 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 filing with the SEC.

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

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on HWM. Barclays restated an “overweight” rating and set a $190.00 price target (up from $140.00) on shares of Howmet Aerospace in a report on Monday, August 4th. Weiss Ratings restated a “buy (b)” rating on shares of Howmet Aerospace in a research note on Wednesday, October 8th. Morgan Stanley boosted their target price on Howmet Aerospace from $170.00 to $210.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. Susquehanna upped their price objective on Howmet Aerospace from $210.00 to $220.00 and gave the company a “positive” rating in a research note on Thursday, October 9th. Finally, Bank of America upped their price objective on Howmet Aerospace from $185.00 to $215.00 and gave the company a “buy” rating in a research note on Tuesday, August 5th. Thirteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $181.92.

Howmet Aerospace Price Performance

Howmet Aerospace stock opened at $201.71 on Friday. Howmet Aerospace Inc. has a 12 month low of $99.10 and a 12 month high of $211.95. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65. The business’s 50 day simple moving average is $187.88 and its 200 day simple moving average is $174.81. The company has a market cap 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 issued its quarterly earnings results on Thursday, October 30th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The firm had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.04 billion. During the same quarter in the prior year, the firm earned $0.81 EPS. The business’s revenue for the quarter was up 13.8% compared to the same quarter last year. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. Sell-side analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Announces Dividend

The firm 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. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.48 annualized dividend and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is 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.