Howmet Aerospace Inc. $HWM is RPg Family Wealth Advisory LLC's 5th Largest Position

Key Points

• RPg Family Wealth Advisory LLC reduced its stake in Howmet Aerospace Inc. by 22.1%, holding 71,240 shares after selling 20,267 shares in the first quarter.
• Howmet Aerospace reported $0.91 EPS for the quarter, exceeding analysts' expectations of $0.87, while revenues reached $2.05 billion, marking a 9.2% year-over-year increase.
• The company declared a quarterly dividend of $0.12 per share, an increase from the previous $0.10, representing an annualized yield of 0.3%.

RPg Family Wealth Advisory LLC reduced its holdings in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 22.1% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 71,240 shares of the company's stock after selling 20,267 shares during the quarter. Howmet Aerospace makes up about 2.6% of RPg Family Wealth Advisory LLC's portfolio, making the stock its 5th largest holding. RPg Family Wealth Advisory LLC's holdings in Howmet Aerospace were worth $9,242,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Harbour Investments Inc. increased its position in Howmet Aerospace by 10.1% in the 1st quarter. Harbour Investments Inc. now owns 1,114 shares of the company's stock valued at $145,000 after acquiring an additional 102 shares during the period. PFG Advisors increased its position in Howmet Aerospace by 37.9% in the 1st quarter. PFG Advisors now owns 9,593 shares of the company's stock valued at $1,245,000 after acquiring an additional 2,635 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in Howmet Aerospace by 233.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 140,883 shares of the company's stock valued at $18,277,000 after acquiring an additional 98,642 shares during the period. Park Avenue Securities LLC increased its position in Howmet Aerospace by 126.1% in the 1st quarter. Park Avenue Securities LLC now owns 24,207 shares of the company's stock valued at $3,140,000 after acquiring an additional 13,500 shares during the period. Finally, Private Trust Co. NA increased its position in Howmet Aerospace by 65.4% in the 1st quarter. Private Trust Co. NA now owns 673 shares of the company's stock valued at $87,000 after acquiring an additional 266 shares during the period. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have weighed in on HWM shares. Wall Street Zen raised shares of Howmet Aerospace from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Barclays reaffirmed 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. Truist Financial raised their price objective on shares of Howmet Aerospace from $161.00 to $192.00 and gave the company a "buy" rating in a research note on Thursday, June 12th. Morgan Stanley raised their price target on shares of Howmet Aerospace from $170.00 to $210.00 and gave the company an "overweight" rating in a research report on Thursday, July 17th. Finally, Wells Fargo & Company raised their price target on shares of Howmet Aerospace from $118.00 to $145.00 and gave the company an "equal weight" rating in a research report on Friday, May 2nd. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $172.13.

Howmet Aerospace Stock Performance

HWM stock traded down $1.86 during mid-day trading on Friday, hitting $174.30. The company had a trading volume of 657,412 shares, compared to its average volume of 3,005,908. The firm has a market cap of $70.27 billion, a PE ratio of 50.93, a price-to-earnings-growth ratio of 2.27 and a beta of 1.48. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31. Howmet Aerospace Inc. has a 12 month low of $90.71 and a 12 month high of $193.26. The stock's fifty day moving average price is $180.27 and its two-hundred day moving average price is $155.70.

Howmet Aerospace (NYSE:HWM - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.87 by $0.04. The business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.99 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The company's revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter in the previous year, the firm 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, analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 25th. Stockholders of record on Friday, August 8th were paid a $0.12 dividend. The ex-dividend date was Friday, August 8th. This is a positive change from Howmet Aerospace's previous quarterly dividend of $0.10. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. 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.