Advisors Asset Management Inc. Sells 18,167 Shares of Howmet Aerospace Inc. $HWM

Key Points

• Advisors Asset Management Inc. reduced its shares in Howmet Aerospace by 20.3%, selling 18,167 shares and now holding 71,306 shares valued at approximately $9.25 million.
• Howmet Aerospace reported a quarterly EPS of $0.91, exceeding analyst expectations, alongside a revenue of $2.05 billion, which is a 9.2% increase year-over-year.
• The company announced a dividend increase from $0.10 to $0.12 per share, reflecting a 0.3% yield and a payout ratio of 14.04%.

Advisors Asset Management Inc. trimmed its stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 20.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 71,306 shares of the company's stock after selling 18,167 shares during the quarter. Advisors Asset Management Inc.'s holdings in Howmet Aerospace were worth $9,251,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Pinpoint Asset Management Ltd lifted its position in shares of Howmet Aerospace by 42.8% in the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company's stock worth $31,000 after purchasing an additional 71 shares in the last quarter. Hemington Wealth Management lifted its position in shares of Howmet Aerospace by 46.6% in the first quarter. Hemington Wealth Management now owns 255 shares of the company's stock worth $33,000 after purchasing an additional 81 shares in the last quarter. GPS Wealth Strategies Group LLC lifted its position in shares of Howmet Aerospace by 114.6% in the first quarter. GPS Wealth Strategies Group LLC now owns 264 shares of the company's stock worth $34,000 after purchasing an additional 141 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC lifted its position in shares of Howmet Aerospace by 100.7% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company's stock worth $36,000 after purchasing an additional 140 shares in the last quarter. Finally, Wayfinding Financial LLC purchased a new stake in shares of Howmet Aerospace in the first quarter worth approximately $37,000. 90.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HWM has been the subject of a number of research analyst reports. Zacks Research raised shares of Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 25th. Barclays reaffirmed an "overweight" rating and set a $190.00 price objective (up previously from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. BTIG Research set a $205.00 price objective on shares of Howmet Aerospace and gave the company a "buy" rating in a research report on Monday, August 4th. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Howmet Aerospace in a research report on Monday, June 30th. Finally, Susquehanna raised their price objective on shares of Howmet Aerospace from $170.00 to $210.00 and gave the company a "positive" rating in a research report on Monday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $172.13.

Howmet Aerospace Stock Performance

HWM stock traded down $1.09 during midday trading on Tuesday, hitting $178.34. 563,443 shares of the company traded hands, compared to its average volume of 2,966,715. Howmet Aerospace Inc. has a twelve month low of $91.03 and a twelve month high of $193.26. 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 business has a 50 day simple moving average of $179.92 and a 200-day simple moving average of $158.13. The stock has a market capitalization of $71.89 billion, a price-to-earnings ratio of 52.15, a price-to-earnings-growth ratio of 2.31 and a beta of 1.45.

Howmet Aerospace (NYSE:HWM - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.87 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The company had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same quarter last year, the company posted $0.67 earnings per share. The company's revenue for the quarter was up 9.2% compared to the same quarter last year. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. As a group, equities research analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, August 25th. Shareholders of record on Friday, August 8th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.3%. This is a boost from Howmet Aerospace's previous quarterly dividend of $0.10. The ex-dividend date was Friday, August 8th. 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.