U.S. Capital Wealth Advisors LLC Sells 12,415 Shares of Howmet Aerospace Inc. $HWM

Key Points

• U.S. Capital Wealth Advisors LLC has reduced its stake in Howmet Aerospace by 17.4%, selling 12,415 shares and now holding 59,141 shares valued at approximately $11 million.
• Significant institutional investors, such as Vanguard Group and JPMorgan Chase, increased their holdings in Howmet Aerospace, with institutional ownership now at 90.46%.
• Howmet Aerospace reported a quarterly EPS of $0.91, exceeding analysts' expectations, and recently increased its dividend from $0.10 to $0.12 per share.

U.S. Capital Wealth Advisors LLC lowered its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 17.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 59,141 shares of the company's stock after selling 12,415 shares during the quarter. U.S. Capital Wealth Advisors LLC's holdings in Howmet Aerospace were worth $11,008,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Harbour Investments Inc. increased its position 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 purchasing an additional 102 shares during the period. PFG Advisors lifted its stake in Howmet Aerospace by 37.9% during the 1st quarter. PFG Advisors now owns 9,593 shares of the company's stock valued at $1,245,000 after acquiring an additional 2,635 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in Howmet Aerospace by 233.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 140,883 shares of the company's stock valued at $18,277,000 after acquiring an additional 98,642 shares during the period. Park Avenue Securities LLC lifted its stake in shares of Howmet Aerospace by 126.1% in the 1st quarter. Park Avenue Securities LLC now owns 24,207 shares of the company's stock valued at $3,140,000 after purchasing an additional 13,500 shares during the period. 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 valued at $87,000 after purchasing an additional 266 shares during the period. Institutional investors own 90.46% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Wall Street Zen upgraded shares of Howmet Aerospace from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Bank of America upped their price objective on shares of Howmet Aerospace from $185.00 to $215.00 and gave the company a "buy" rating in a report on Tuesday, August 5th. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Howmet Aerospace in a research note on Monday, June 30th. BTIG Research set a $205.00 price target on shares of Howmet Aerospace and gave the stock a "buy" rating in a research report on Monday, August 4th. Finally, Truist Financial raised their target price on shares of Howmet Aerospace from $161.00 to $192.00 and gave the company a "buy" rating in a report on Thursday, June 12th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $172.13.

Howmet Aerospace Trading Up 1.0%

HWM traded up $1.89 during midday trading on Monday, hitting $192.12. The company's stock had a trading volume of 2,110,650 shares, compared to its average volume of 2,151,608. 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 52-week low of $97.23 and a 52-week high of $193.26. The firm has a market cap of $77.45 billion, a P/E ratio of 56.18, a PEG ratio of 2.46 and a beta of 1.45. The firm has a 50-day moving average price of $181.37 and a two-hundred day moving average price of $162.12.

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, beating 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 company had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.99 billion. During the same period in the prior year, the company posted $0.67 EPS. Howmet Aerospace'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. On average, research analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend was Friday, August 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. This is a positive change from Howmet Aerospace's previous quarterly dividend of $0.10. Howmet Aerospace's payout ratio is currently 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.