SMI Advisory Services LLC Takes Position in Howmet Aerospace Inc. $HWM

Key Points

• SMI Advisory Services LLC has acquired a new position in Howmet Aerospace, purchasing 1,925 shares valued at approximately $355,000 during the second quarter.
• Howmet Aerospace's quarterly earnings report showed $0.91 earnings per share, surpassing the expected $0.87, with a revenue increase of 9.2% year-over-year.
• The company announced a $0.12 quarterly dividend, set to be paid on November 25th, with a current yield of 0.2% and a payout ratio of 14.04%.

SMI Advisory Services LLC acquired a new position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,925 shares of the company's stock, valued at approximately $355,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HWM. Brighton Jones LLC increased its position in Howmet Aerospace by 5.4% in the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company's stock worth $279,000 after purchasing an additional 130 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in Howmet Aerospace by 38.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 42,241 shares of the company's stock worth $4,620,000 after purchasing an additional 11,622 shares during the period. Wellington Management Group LLP increased its position in Howmet Aerospace by 236.6% in the fourth quarter. Wellington Management Group LLP now owns 9,816 shares of the company's stock worth $1,074,000 after purchasing an additional 6,900 shares during the period. Parallel Advisors LLC increased its position in Howmet Aerospace by 21.0% in the first quarter. Parallel Advisors LLC now owns 2,741 shares of the company's stock worth $356,000 after purchasing an additional 475 shares during the period. Finally, Rothschild Investment LLC increased its position in Howmet Aerospace by 13.1% in the first quarter. Rothschild Investment LLC now owns 941 shares of the company's stock worth $122,000 after purchasing an additional 109 shares during the period. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on HWM shares. Zacks Research lowered Howmet Aerospace from a "strong-buy" rating to a "hold" rating in a research report on Friday, September 26th. Royal Bank Of Canada restated an "outperform" rating on shares of Howmet Aerospace in a report on Monday, June 30th. Vertical Research restated a "buy" rating on shares of Howmet Aerospace in a report on Thursday, July 31st. Truist Financial raised their target price on Howmet Aerospace from $161.00 to $192.00 and gave the stock a "buy" rating in a report on Thursday, June 12th. Finally, Morgan Stanley raised their target price on Howmet Aerospace from $170.00 to $210.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. Fourteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $172.13.

Howmet Aerospace Trading Up 2.3%

NYSE:HWM opened at $196.43 on Wednesday. Howmet Aerospace Inc. has a fifty-two week low of $98.83 and a fifty-two week high of $196.66. 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 has a market capitalization of $79.19 billion, a PE ratio of 57.44, a price-to-earnings-growth ratio of 2.48 and a beta of 1.45. The business's 50-day simple moving average is $182.08 and its 200-day simple moving average is $164.68.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, beating 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 business posted $0.67 EPS. Howmet Aerospace's revenue for the quarter 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. Sell-side analysts expect that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th will be paid a $0.12 dividend. The ex-dividend date is Friday, November 7th. This represents a $0.48 annualized dividend and a yield of 0.2%. Howmet Aerospace's payout ratio is presently 14.04%.

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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