Vestmark Advisory Solutions Inc. Raises Stock Holdings in Howmet Aerospace Inc. $HWM

Key Points

• Vestmark Advisory Solutions Inc. boosted its position in Howmet Aerospace Inc. by 97.3%, acquiring an additional 31,686 shares, bringing its total holdings to 64,268 shares worth $8,337,000.
• Multiple analysts have given positive ratings and increased price targets for Howmet Aerospace, with Bank of America raising its target from $185.00 to $215.00, reflecting a strong market outlook.
• Howmet Aerospace announced a quarterly dividend increase from $0.10 to $0.12 per share, set to be paid on August 25th, indicating a solid financial performance.

Vestmark Advisory Solutions Inc. increased its position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 97.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 64,268 shares of the company's stock after acquiring an additional 31,686 shares during the quarter. Vestmark Advisory Solutions Inc.'s holdings in Howmet Aerospace were worth $8,337,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC boosted its holdings in 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 purchasing an additional 130 shares during the period. Townsquare Capital LLC raised its position in shares of Howmet Aerospace by 6.7% in the fourth quarter. Townsquare Capital LLC now owns 3,108 shares of the company's stock worth $340,000 after buying an additional 195 shares in the last quarter. Mariner LLC raised its position in shares of Howmet Aerospace by 6.7% in the fourth quarter. Mariner LLC now owns 53,817 shares of the company's stock worth $5,886,000 after buying an additional 3,361 shares in the last quarter. CreativeOne Wealth LLC boosted its stake in Howmet Aerospace by 177.7% during the fourth quarter. CreativeOne Wealth LLC now owns 6,964 shares of the company's stock valued at $762,000 after buying an additional 4,456 shares during the period. Finally, Guggenheim Capital LLC grew its position in Howmet Aerospace by 162.2% during the fourth quarter. Guggenheim Capital LLC now owns 14,639 shares of the company's stock worth $1,601,000 after buying an additional 9,055 shares in the last quarter. Institutional investors own 90.46% of the company's stock.

Howmet Aerospace Trading Down 0.0%

Shares of Howmet Aerospace stock traded down $0.0720 during trading on Wednesday, reaching $171.8280. The company's stock had a trading volume of 2,762,841 shares, compared to its average volume of 2,833,245. 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 Inc. has a 52-week low of $90.71 and a 52-week high of $193.26. The firm's 50-day moving average is $179.92 and its two-hundred day moving average is $153.78. The company has a market cap of $69.27 billion, a price-to-earnings ratio of 50.24, a PEG ratio of 2.22 and a beta of 1.48.

Howmet Aerospace (NYSE:HWM - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.04. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The business had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.99 billion. During the same period in the previous year, the firm posted $0.67 earnings per share. The firm'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. On average, sell-side 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 announced a quarterly dividend, which will be paid on Monday, August 25th. Investors of record on Friday, August 8th will be issued a dividend of $0.12 per share. The ex-dividend date is Friday, August 8th. This represents a $0.48 annualized dividend and a yield of 0.3%. This is a boost from Howmet Aerospace's previous quarterly dividend of $0.10. Howmet Aerospace's dividend payout ratio (DPR) is currently 14.04%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Truist Financial upped their target price on Howmet Aerospace from $161.00 to $192.00 and gave the stock a "buy" rating in a research note on Thursday, June 12th. BTIG Research set a $205.00 price objective on shares of Howmet Aerospace and gave the stock a "buy" rating in a research report on Monday, August 4th. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Howmet Aerospace in a research note on Monday, June 30th. JPMorgan Chase & Co. boosted their price target on shares of Howmet Aerospace from $150.00 to $190.00 and gave the stock an "overweight" rating in a research note on Monday, August 4th. Finally, Vertical Research reissued a "buy" rating on shares of Howmet Aerospace in a report on Thursday, July 31st. Fourteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Howmet Aerospace has an average rating of "Moderate Buy" and an average target price 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.