Jones Financial Companies Lllp Sells 4,899 Shares of Howmet Aerospace Inc. $HWM

Key Points

• Jones Financial Companies Lllp has decreased its stake in Howmet Aerospace by 36.6%, selling 4,899 shares during the first quarter, resulting in holdings valued at approximately $1.1 million.
• Wall Street analysts have a favorable outlook on Howmet Aerospace, with several firms raising their target prices significantly, indicating a consensus rating of "Moderate Buy" and an average target price of $172.13.
• Howmet Aerospace recently increased its quarterly dividend from $0.10 to $0.12 per share, representing a 0.3% yield based on an annualized amount of $0.48.

Jones Financial Companies Lllp lowered its stake in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 36.6% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,468 shares of the company's stock after selling 4,899 shares during the quarter. Jones Financial Companies Lllp's holdings in Howmet Aerospace were worth $1,099,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. 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 worth $35,000 after acquiring an additional 66 shares in the last quarter. Pinpoint Asset Management Ltd grew 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 worth $31,000 after purchasing an additional 71 shares during the last quarter. Hemington Wealth Management grew 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 worth $33,000 after purchasing an additional 81 shares during the last quarter. CVA Family Office LLC grew its holdings in shares of Howmet Aerospace by 15.7% in the first quarter. CVA Family Office LLC now owns 605 shares of the company's stock worth $78,000 after purchasing an additional 82 shares during the last quarter. Finally, Mount Lucas Management LP grew its holdings in shares of Howmet Aerospace by 3.2% in the first quarter. Mount Lucas Management LP now owns 2,661 shares of the company's stock worth $345,000 after purchasing an additional 82 shares during the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

HWM has been the topic of several recent analyst reports. Truist Financial raised their target price on shares of Howmet Aerospace from $161.00 to $192.00 and gave the stock a "buy" rating in a report on Thursday, June 12th. Susquehanna raised their target price on shares of Howmet Aerospace from $170.00 to $210.00 and gave the stock a "positive" rating in a report on Monday, July 14th. Bank of America raised their target price on shares of Howmet Aerospace from $185.00 to $215.00 and gave the stock a "buy" rating in a report on Tuesday, August 5th. Morgan Stanley raised their target price on shares of Howmet Aerospace from $170.00 to $210.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Howmet Aerospace from $150.00 to $190.00 and gave the company an "overweight" rating in a report on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $172.13.

Howmet Aerospace Trading Up 1.0%

Shares of NYSE HWM opened at $186.00 on Friday. Howmet Aerospace Inc. has a 1 year low of $92.77 and a 1 year high of $193.26. The stock has a market cap of $74.98 billion, a P/E ratio of 54.39, a price-to-earnings-growth ratio of 2.38 and a beta of 1.45. The firm has a 50-day moving average of $180.31 and a 200 day moving average of $159.21. 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 quarterly 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 during the quarter, compared to analysts' expectations of $1.99 billion. During the same period last year, the company posted $0.67 EPS. Howmet Aerospace's revenue was up 9.2% on a year-over-year basis. 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, sell-side analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

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

Howmet Aerospace Company 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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