Howmet Aerospace Inc. $HWM Shares Sold by KDT Advisors LLC

Key Points

• KDT Advisors LLC reduced its stake in Howmet Aerospace by 28.1%, now holding 10,260 shares worth approximately $1.33 million.
• Howmet Aerospace recently increased its quarterly dividend from $0.10 to $0.12 per share, representing a yield of 0.3%.
• Analysts are optimistic about Howmet Aerospace, with target price increases from major firms, leading to an average price target of $172.13 and a consensus rating of "Moderate Buy."

KDT Advisors LLC lessened its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 28.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,260 shares of the company's stock after selling 4,000 shares during the quarter. Howmet Aerospace comprises 2.0% of KDT Advisors LLC's portfolio, making the stock its 11th biggest holding. KDT Advisors LLC's holdings in Howmet Aerospace were worth $1,331,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Pinpoint Asset Management Ltd increased its stake in Howmet Aerospace by 42.8% in the 1st quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company's stock worth $31,000 after acquiring an additional 71 shares during the last quarter. Hemington Wealth Management grew its position in Howmet Aerospace by 46.6% in the 1st quarter. Hemington Wealth Management now owns 255 shares of the company's stock valued at $33,000 after acquiring an additional 81 shares during the last quarter. GPS Wealth Strategies Group LLC grew its position in Howmet Aerospace by 114.6% in the 1st quarter. GPS Wealth Strategies Group LLC now owns 264 shares of the company's stock valued at $34,000 after acquiring an additional 141 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in shares of Howmet Aerospace by 100.7% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company's stock worth $36,000 after buying an additional 140 shares during the period. Finally, Wayfinding Financial LLC purchased a new stake in shares of Howmet Aerospace in the 1st quarter worth $37,000. Institutional investors own 90.46% of the company's stock.

Analyst Ratings Changes

HWM has been the topic of a number of recent research reports. BTIG Research set a $205.00 price objective on Howmet Aerospace and gave the company a "buy" rating in a research report on Monday, August 4th. Wall Street Zen upgraded Howmet Aerospace from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Barclays restated an "overweight" rating and issued a $190.00 price objective (up from $140.00) on shares of Howmet Aerospace in a research note on Monday, August 4th. Zacks Research upgraded Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 25th. Finally, Susquehanna raised their price objective on Howmet Aerospace from $170.00 to $210.00 and gave the stock a "positive" rating in a research note on Monday, July 14th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $172.13.

Howmet Aerospace Price Performance

Shares of NYSE:HWM traded down $0.47 during trading on Tuesday, reaching $178.96. The stock had a trading volume of 1,399,617 shares, compared to its average volume of 2,971,806. 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 business has a fifty day moving average price of $179.92 and a 200-day moving average price of $158.13. The stock has a market cap of $72.14 billion, a PE ratio of 52.33, a PEG ratio of 2.31 and a beta of 1.45. Howmet Aerospace Inc. has a 1-year low of $91.03 and a 1-year high of $193.26.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.87 by $0.04. The firm 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%.The business's revenue was up 9.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.67 earnings per share. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. On average, equities analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 25th. Stockholders of record on Friday, August 8th were paid a $0.12 dividend. This is a boost from Howmet Aerospace's previous quarterly dividend of $0.10. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Friday, August 8th. Howmet Aerospace's dividend payout ratio is presently 14.04%.

Howmet Aerospace Profile

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.