Schneider Downs Wealth Management Advisors LP Makes New Investment in Howmet Aerospace Inc. $HWM

Key Points

• Schneider Downs Wealth Management Advisors LP made a new investment of $565,000 in Howmet Aerospace Inc. by acquiring 4,355 shares of the company in the first quarter.
• Howmet Aerospace has received numerous upgrades from analysts, with a consensus rating of "Moderate Buy" and a price target averaging $172.13.
• The company recently announced a quarterly dividend increase, raising it to $0.12 per share, which represents a 0.3% dividend yield.

Schneider Downs Wealth Management Advisors LP acquired a new position in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 4,355 shares of the company's stock, valued at approximately $565,000.

Several other institutional investors have also modified their holdings of the stock. Pinpoint Asset Management Ltd boosted its holdings in Howmet Aerospace by 42.8% during the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company's stock worth $31,000 after buying an additional 71 shares in the last quarter. Hemington Wealth Management increased its stake in Howmet Aerospace by 46.6% during the first quarter. Hemington Wealth Management now owns 255 shares of the company's stock worth $33,000 after acquiring an additional 81 shares during the last quarter. CVA Family Office LLC lifted its stake in shares of Howmet Aerospace by 15.7% in the 1st quarter. CVA Family Office LLC now owns 605 shares of the company's stock valued at $78,000 after purchasing an additional 82 shares in the last quarter. Mount Lucas Management LP lifted its position in Howmet Aerospace by 3.2% during the 1st quarter. Mount Lucas Management LP now owns 2,661 shares of the company's stock worth $345,000 after acquiring an additional 82 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its position in shares of Howmet Aerospace by 4.9% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,971 shares of the company's stock valued at $256,000 after purchasing an additional 92 shares in the last quarter. Hedge funds and other institutional investors own 90.46% of the company's stock.

Howmet Aerospace Trading Up 0.4%

Shares of NYSE HWM traded up $0.6570 during midday trading on Thursday, hitting $172.5970. The stock had a trading volume of 1,025,536 shares, compared to its average volume of 3,024,217. The company's 50-day simple moving average is $179.92 and its 200 day simple moving average is $153.78. The firm has a market cap of $69.58 billion, a P/E ratio of 50.45, a price-to-earnings-growth ratio of 2.22 and a beta of 1.48. Howmet Aerospace Inc. has a fifty-two week low of $90.71 and a fifty-two week high of $193.26. 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 posted its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.99 billion. During the same period last year, the company earned $0.67 EPS. The firm'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. Research analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 25th. Stockholders of record on Friday, August 8th will be given a $0.12 dividend. The ex-dividend date is Friday, August 8th. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. This is an increase from Howmet Aerospace's previous quarterly dividend of $0.10. Howmet Aerospace's dividend payout ratio is 14.04%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. BTIG Research set a $205.00 price target on Howmet Aerospace and gave the company a "buy" rating in a report on Monday, August 4th. Barclays reissued an "overweight" rating and set a $190.00 price target (up from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. Morgan Stanley upped their target price on Howmet Aerospace from $170.00 to $210.00 and gave the stock an "overweight" rating in a research report on Thursday, July 17th. Wall Street Zen upgraded Howmet Aerospace from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Finally, UBS Group increased their target price on Howmet Aerospace from $120.00 to $155.00 and gave the company a "neutral" rating in a research note on Friday, May 2nd. Fourteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Howmet Aerospace presently has an average rating of "Moderate Buy" and an average target price of $172.13.

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.