Wilmington Savings Fund Society FSB Decreases Stock Holdings in Howmet Aerospace Inc. $HWM

Key Points

• Wilmington Savings Fund Society FSB decreased its shares in Howmet Aerospace by 27.6%, ending the quarter with 10,290 shares valued at approximately $1.9 million.
• Recent analyst evaluations have been positive, with multiple institutions raising their price targets for Howmet Aerospace, now ranging from $190.00 to $220.00 per share.
• Howmet Aerospace has declared a quarterly dividend of $0.12 per share, with a payout ratio of 14.04%, signaling ongoing financial commitment to its shareholders.

Wilmington Savings Fund Society FSB trimmed its position in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 27.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 10,290 shares of the company's stock after selling 3,919 shares during the quarter. Wilmington Savings Fund Society FSB's holdings in Howmet Aerospace were worth $1,915,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Pinpoint Asset Management Ltd lifted its position in shares of Howmet Aerospace by 42.8% during the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company's stock valued at $31,000 after buying an additional 71 shares during the last quarter. Hemington Wealth Management lifted its position in shares of Howmet Aerospace by 46.6% during the first quarter. Hemington Wealth Management now owns 255 shares of the company's stock valued at $33,000 after buying an additional 81 shares during the last quarter. Rise Advisors LLC lifted its position in shares of Howmet Aerospace by 32.4% during the first quarter. Rise Advisors LLC now owns 270 shares of the company's stock valued at $35,000 after buying an additional 66 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC lifted its position in shares of Howmet Aerospace by 100.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company's stock valued at $36,000 after buying an additional 140 shares during the last quarter. Finally, Wayfinding Financial LLC purchased a new stake in shares of Howmet Aerospace during the first quarter valued at about $37,000. 90.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on HWM shares. Morgan Stanley increased their price objective on shares of Howmet Aerospace from $170.00 to $210.00 and gave the company an "overweight" rating in a research report on Thursday, July 17th. Susquehanna increased their price objective on shares of Howmet Aerospace from $210.00 to $220.00 and gave the company a "positive" rating in a research report on Thursday, October 9th. Bank of America increased their price objective on shares of Howmet Aerospace from $185.00 to $215.00 and gave the company a "buy" rating in a research report on Tuesday, August 5th. Barclays reaffirmed an "overweight" rating and issued a $190.00 price objective (up from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. Finally, 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. Fourteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, Howmet Aerospace presently has a consensus rating of "Moderate Buy" and a consensus target price of $178.00.

Howmet Aerospace Price Performance

Shares of NYSE:HWM opened at $192.23 on Thursday. Howmet Aerospace Inc. has a twelve month low of $98.83 and a twelve month high of $198.48. The company's 50 day moving average is $183.23 and its 200 day moving average is $168.88. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65. The company has a market cap of $77.49 billion, a PE ratio of 56.21, a price-to-earnings-growth ratio of 2.50 and a beta of 1.45.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued 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. The company had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $1.99 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. Howmet Aerospace's quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.67 EPS. 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 forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace's dividend payout ratio (DPR) 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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