Transamerica Financial Advisors LLC Trims Holdings in Howmet Aerospace Inc. $HWM

Key Points

• Transamerica Financial Advisors LLC decreased its stake in Howmet Aerospace by 4.5% during the first quarter, now holding 55,073 shares valued at $7,145,000.
• Howmet Aerospace reported earnings of $0.91 per share, surpassing analyst expectations of $0.87, with quarterly revenue rising 9.2% year-over-year to $2.05 billion.
• The company recently increased its quarterly dividend to $0.12, marking an annualized yield of 0.3%, with a payout ratio of 14.04%.

Transamerica Financial Advisors LLC reduced its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 4.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 55,073 shares of the company's stock after selling 2,565 shares during the period. Howmet Aerospace makes up 0.7% of Transamerica Financial Advisors LLC's investment portfolio, making the stock its 27th largest holding. Transamerica Financial Advisors LLC's holdings in Howmet Aerospace were worth $7,145,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Harbour Investments Inc. raised its stake in Howmet Aerospace by 10.1% during the 1st quarter. Harbour Investments Inc. now owns 1,114 shares of the company's stock valued at $145,000 after acquiring an additional 102 shares during the last quarter. PFG Advisors grew its position in Howmet Aerospace by 37.9% in the 1st quarter. PFG Advisors now owns 9,593 shares of the company's stock valued at $1,245,000 after buying an additional 2,635 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in Howmet Aerospace by 233.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 140,883 shares of the company's stock valued at $18,277,000 after buying an additional 98,642 shares during the period. Park Avenue Securities LLC raised its position in Howmet Aerospace by 126.1% during the 1st quarter. Park Avenue Securities LLC now owns 24,207 shares of the company's stock worth $3,140,000 after buying an additional 13,500 shares during the last quarter. Finally, Private Trust Co. NA lifted its stake in shares of Howmet Aerospace by 65.4% in the 1st quarter. Private Trust Co. NA now owns 673 shares of the company's stock worth $87,000 after acquiring an additional 266 shares during the period. 90.46% of the stock is owned by hedge funds and other institutional investors.

Howmet Aerospace Price Performance

Howmet Aerospace stock opened at $176.11 on Wednesday. The firm has a market capitalization of $71.00 billion, a PE ratio of 51.50, a P/E/G ratio of 2.22 and a beta of 1.48. Howmet Aerospace Inc. has a 52 week low of $90.71 and a 52 week high of $193.26. The firm's 50-day simple moving average is $180.03 and its 200 day simple moving average is $155.23. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65.

Howmet Aerospace (NYSE:HWM - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping 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 quarter in the previous year, the business posted $0.67 earnings per share. The firm's quarterly 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. On average, equities research analysts predict that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

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

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on HWM shares. BTIG Research set a $205.00 price target on shares of Howmet Aerospace and gave the stock a "buy" rating in a report on Monday, August 4th. Royal Bank Of Canada reissued an "outperform" rating on shares of Howmet Aerospace in a report on Monday, June 30th. UBS Group lifted their price target on Howmet Aerospace from $120.00 to $155.00 and gave the company a "neutral" rating in a research note on Friday, May 2nd. Barclays reiterated an "overweight" rating and issued a $190.00 price objective (up previously from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. Finally, Bank of America boosted their target price on shares of Howmet Aerospace from $185.00 to $215.00 and gave the stock a "buy" rating in a research report on Tuesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target 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.

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