Janney Capital Management LLC Has $506,000 Stock Holdings in Howmet Aerospace Inc. $HWM

Key Points

• Janney Capital Management LLC has reduced its stake in Howmet Aerospace by 44.0%, resulting in holdings worth $506,000 after selling 2,132 shares during the second quarter.
• Howmet Aerospace reported third-quarter earnings of $0.91 EPS, exceeding analysts' estimates, with revenue of $2.05 billion, a 9.2% increase from the previous year.
• The company has announced a quarterly dividend of $0.12 per share, reflecting a 0.2% dividend yield, payable on November 25th.

Janney Capital Management LLC reduced its stake in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 44.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,716 shares of the company's stock after selling 2,132 shares during the period. Janney Capital Management LLC's holdings in Howmet Aerospace were worth $506,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. AdvisorNet Financial Inc boosted its stake in Howmet Aerospace by 2,433.3% in the 2nd quarter. AdvisorNet Financial Inc now owns 228 shares of the company's stock worth $42,000 after purchasing an additional 219 shares during the period. Pinpoint Asset Management Ltd lifted its holdings 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 valued at $31,000 after purchasing an additional 71 shares in the last quarter. Hemington Wealth Management lifted its holdings in shares of Howmet Aerospace by 46.6% in the first quarter. Hemington Wealth Management now owns 255 shares of the company's stock valued at $33,000 after purchasing an additional 81 shares in the last quarter. GPS Wealth Strategies Group LLC boosted its position in shares of Howmet Aerospace by 114.6% during the first quarter. GPS Wealth Strategies Group LLC now owns 264 shares of the company's stock worth $34,000 after buying an additional 141 shares during the period. Finally, Rise Advisors LLC grew its holdings in shares of Howmet Aerospace by 32.4% during the first quarter. Rise Advisors LLC now owns 270 shares of the company's stock worth $35,000 after buying an additional 66 shares in the last quarter. Institutional investors and hedge funds own 90.46% of the company's stock.

Howmet Aerospace Stock Performance

Shares of HWM stock opened at $196.43 on Wednesday. The company has a fifty day moving average price of $182.08 and a two-hundred day moving average price of $164.68. Howmet Aerospace Inc. has a one year low of $98.83 and a one year high of $196.66. The stock has a market cap of $79.19 billion, a P/E ratio of 57.44, a P/E/G ratio of 2.48 and a beta of 1.45. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.87 by $0.04. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The company had revenue of $2.05 billion for the quarter, compared to analysts' expectations of $1.99 billion. During the same period in the prior year, the firm earned $0.67 EPS. Howmet Aerospace's quarterly revenue 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 analysts predict 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. Stockholders of record on Friday, November 7th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace's payout ratio is 14.04%.

Analysts Set New Price Targets

A number of research firms have weighed in on HWM. JPMorgan Chase & Co. upped their price target on Howmet Aerospace from $150.00 to $190.00 and gave the stock an "overweight" rating in a research report on Monday, August 4th. Royal Bank Of Canada restated an "outperform" rating on shares of Howmet Aerospace in a report on Monday, June 30th. Morgan Stanley lifted their price target on shares of Howmet Aerospace from $170.00 to $210.00 and gave the company an "overweight" rating in a research note on Thursday, July 17th. Zacks Research downgraded shares of Howmet Aerospace from a "strong-buy" rating to a "hold" rating in a research note on Friday, September 26th. Finally, BTIG Research set a $205.00 price objective on Howmet Aerospace and gave the company a "buy" rating in a report on Monday, August 4th. Fourteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $172.13.

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.

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