Sendero Wealth Management LLC Sells 2,067 Shares of Howmet Aerospace Inc. $HWM

Sendero Wealth Management LLC reduced its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 10.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,653 shares of the company's stock after selling 2,067 shares during the period. Sendero Wealth Management LLC's holdings in Howmet Aerospace were worth $3,472,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Valeo Financial Advisors LLC raised its holdings in Howmet Aerospace by 4.9% in the 2nd quarter. Valeo Financial Advisors LLC now owns 3,112 shares of the company's stock worth $579,000 after purchasing an additional 144 shares during the period. Merit Financial Group LLC increased its holdings in Howmet Aerospace by 31.9% in the 2nd quarter. Merit Financial Group LLC now owns 17,344 shares of the company's stock worth $3,228,000 after acquiring an additional 4,195 shares in the last quarter. OLD National Bancorp IN purchased a new position in Howmet Aerospace during the second quarter valued at approximately $231,000. Carolina Wealth Advisors LLC bought a new position in shares of Howmet Aerospace in the second quarter worth approximately $105,000. Finally, QRG Capital Management Inc. boosted its position in shares of Howmet Aerospace by 82.7% in the second quarter. QRG Capital Management Inc. now owns 17,953 shares of the company's stock worth $3,342,000 after purchasing an additional 8,128 shares during the period. Hedge funds and other institutional investors own 90.46% of the company's stock.

Howmet Aerospace Trading Down 0.9%

Shares of HWM stock opened at $189.41 on Monday. Howmet Aerospace Inc. has a 1 year low of $98.83 and a 1 year high of $198.48. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08. The stock's 50 day simple moving average is $182.33 and its two-hundred day simple moving average is $166.21. The company has a market cap of $76.36 billion, a PE ratio of 55.38, a price-to-earnings-growth ratio of 2.45 and a beta of 1.45.

Howmet Aerospace (NYSE:HWM - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.91 EPS for the quarter, topping analysts' consensus estimates of $0.87 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The firm had revenue of $2.05 billion during the quarter, compared to analysts' expectations of $1.99 billion. During the same quarter in the previous year, the business earned $0.67 EPS. The company's quarterly 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 predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Friday, November 7th. Howmet Aerospace's dividend payout ratio (DPR) is 14.04%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on HWM. Bank of America boosted their price objective on Howmet Aerospace from $185.00 to $215.00 and gave the company a "buy" rating in a research report on Tuesday, August 5th. Vertical Research restated a "buy" rating on shares of Howmet Aerospace in a research report on Thursday, July 31st. Susquehanna boosted their target price on Howmet Aerospace from $170.00 to $210.00 and gave the stock a "positive" rating in a research report on Monday, July 14th. Royal Bank Of Canada restated an "outperform" rating on shares of Howmet Aerospace in a report on Monday, June 30th. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Howmet Aerospace in a research note on Saturday, September 27th. Fourteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Howmet Aerospace currently has a consensus rating of "Moderate Buy" and a consensus price target of $175.50.

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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