Howmet Aerospace Inc. $HWM Position Cut by Silver Oak Securities Incorporated

Key Points

• Silver Oak Securities Incorporated reduced its position in Howmet Aerospace Inc. by 12.2%, leaving it with a value of approximately $1.90 million after selling 1,417 shares during the second quarter.
• Howmet Aerospace has received mostly positive analyst ratings, with one Strong Buy and fourteen Buy ratings, along with a revised consensus price target of $172.13.
• The company recently increased its quarterly dividend from $0.10 to $0.12 per share, representing an annualized dividend of $0.48 and a yield of 0.3%.

Silver Oak Securities Incorporated reduced its holdings in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 12.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,200 shares of the company's stock after selling 1,417 shares during the quarter. Silver Oak Securities Incorporated's holdings in Howmet Aerospace were worth $1,899,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of HWM. Brighton Jones LLC lifted its holdings in shares of Howmet Aerospace by 5.4% in the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company's stock valued at $279,000 after buying an additional 130 shares during the period. Two Sigma Advisers LP lifted its holdings in shares of Howmet Aerospace by 15.9% in the 4th quarter. Two Sigma Advisers LP now owns 8,000 shares of the company's stock valued at $875,000 after buying an additional 1,100 shares during the period. Vident Advisory LLC lifted its holdings in shares of Howmet Aerospace by 21.3% in the 4th quarter. Vident Advisory LLC now owns 13,009 shares of the company's stock valued at $1,423,000 after buying an additional 2,287 shares during the period. Waverly Advisors LLC acquired a new stake in shares of Howmet Aerospace in the 4th quarter valued at approximately $274,000. Finally, Focus Partners Advisor Solutions LLC lifted its holdings in shares of Howmet Aerospace by 11.6% in the 4th quarter. Focus Partners Advisor Solutions LLC now owns 3,058 shares of the company's stock valued at $334,000 after buying an additional 319 shares during the period. 90.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Vertical Research reaffirmed a "buy" rating on shares of Howmet Aerospace in a report on Thursday, July 31st. Truist Financial lifted their price objective on Howmet Aerospace from $161.00 to $192.00 and gave the stock a "buy" rating in a report on Thursday, June 12th. JPMorgan Chase & Co. lifted their price objective on Howmet Aerospace from $150.00 to $190.00 and gave the stock an "overweight" rating in a report on Monday, August 4th. Morgan Stanley lifted their price objective on Howmet Aerospace from $170.00 to $210.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. Finally, Susquehanna raised their price target on Howmet Aerospace from $170.00 to $210.00 and gave the stock a "positive" rating in a research report on Monday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Howmet Aerospace presently has an average rating of "Moderate Buy" and an average price target of $172.13.

Howmet Aerospace Stock Up 1.0%

Shares of HWM traded up $1.89 during midday trading on Monday, reaching $192.12. 2,110,650 shares of the company were exchanged, compared to its average volume of 2,945,929. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65. Howmet Aerospace Inc. has a 1-year low of $97.23 and a 1-year high of $193.26. The stock has a 50-day moving average price of $181.21 and a 200-day moving average price of $161.64. The company has a market cap of $77.45 billion, a price-to-earnings ratio of 56.18, a P/E/G ratio of 2.46 and a beta of 1.45.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.91 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 analysts' expectations of $1.99 billion. During the same quarter in the previous year, the firm posted $0.67 earnings per share. The company's 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. Research analysts expect that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 25th. Stockholders of record on Friday, August 8th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. This is a boost from Howmet Aerospace's previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Friday, August 8th. Howmet Aerospace's dividend payout ratio is currently 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.