Howmet Aerospace Inc. $HWM Shares Sold by Prime Capital Investment Advisors LLC

Key Points

• Prime Capital Investment Advisors LLC reduced its stake in Howmet Aerospace by 8.3% in Q2, owning 63,112 shares valued at approximately $11.7 million following the sale of 5,728 shares.
• Howmet Aerospace has recently been assigned new price targets by analysts, with Bank of America raising theirs from $185.00 to $215.00 while maintaining a "buy" rating.
• The company declared a quarterly dividend of $0.12 per share, set to be paid on November 25th, reflecting an annualized yield of 0.3% and a payout ratio of 14.04%.

Prime Capital Investment Advisors LLC lowered its position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 8.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 63,112 shares of the company's stock after selling 5,728 shares during the quarter. Prime Capital Investment Advisors LLC's holdings in Howmet Aerospace were worth $11,747,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Pinpoint Asset Management Ltd increased its holdings in Howmet Aerospace by 42.8% in the 1st quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company's stock valued at $31,000 after purchasing an additional 71 shares in the last quarter. Hemington Wealth Management raised its holdings in shares of Howmet Aerospace by 46.6% during the 1st quarter. Hemington Wealth Management now owns 255 shares of the company's stock valued at $33,000 after buying an additional 81 shares during the period. GPS Wealth Strategies Group LLC lifted its position in Howmet Aerospace by 114.6% during the 1st quarter. GPS Wealth Strategies Group LLC now owns 264 shares of the company's stock worth $34,000 after acquiring an additional 141 shares in the last quarter. Rise Advisors LLC raised its stake in shares of Howmet Aerospace by 32.4% during the first quarter. Rise Advisors LLC now owns 270 shares of the company's stock valued at $35,000 after purchasing an additional 66 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC lifted its position in shares of Howmet Aerospace by 100.7% during 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. Institutional investors and hedge funds own 90.46% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on HWM. Bank of America raised their target price on Howmet Aerospace from $185.00 to $215.00 and gave the company a "buy" rating in a research note on Tuesday, August 5th. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Howmet Aerospace in a research report on Monday, June 30th. Weiss Ratings restated a "buy (b)" rating on shares of Howmet Aerospace in a research note on Saturday, September 27th. Susquehanna upped their price target 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. Finally, Zacks Research downgraded shares of Howmet Aerospace from a "strong-buy" rating to a "hold" rating in a research note on Friday, September 26th. Fourteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $175.50.

Howmet Aerospace Trading Down 0.9%

Howmet Aerospace stock opened at $189.41 on Monday. 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 firm's 50-day moving average is $182.33 and its 200-day moving average is $166.21. Howmet Aerospace Inc. has a 1 year low of $98.83 and a 1 year high of $198.48. The company has a market cap of $76.36 billion, a P/E ratio of 55.38, a PEG ratio of 2.45 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 earnings per share for the quarter, topping analysts' consensus estimates of $0.87 by $0.04. The business had revenue of $2.05 billion for the quarter, compared to analysts' expectations of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The business's quarterly revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the firm earned $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. On average, equities analysts expect that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, November 7th. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. Howmet Aerospace's dividend payout ratio is currently 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.

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