SOA Wealth Advisors LLC. Cuts Position in Howmet Aerospace Inc. $HWM

SOA Wealth Advisors LLC. reduced its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 3.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,701 shares of the company’s stock after selling 370 shares during the period. SOA Wealth Advisors LLC.’s holdings in Howmet Aerospace were worth $1,806,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. AdvisorNet Financial Inc increased its stake in Howmet Aerospace by 2,433.3% during the second quarter. AdvisorNet Financial Inc now owns 228 shares of the company’s stock worth $42,000 after purchasing an additional 219 shares during the period. Pinpoint Asset Management Ltd grew its stake in Howmet Aerospace by 42.8% during the 1st quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock worth $31,000 after purchasing an additional 71 shares in the last quarter. Hemington Wealth Management raised its holdings in Howmet Aerospace by 46.6% in the first quarter. Hemington Wealth Management now owns 255 shares of the company’s stock valued at $33,000 after acquiring an additional 81 shares in the last quarter. GPS Wealth Strategies Group LLC grew its stake in shares of Howmet Aerospace by 114.6% during the first quarter. GPS Wealth Strategies Group LLC now owns 264 shares of the company’s stock worth $34,000 after purchasing an additional 141 shares in the last quarter. Finally, Rise Advisors LLC boosted its position in shares of Howmet Aerospace by 32.4% during the 1st quarter. Rise Advisors LLC now owns 270 shares of the company’s stock worth $35,000 after acquiring an additional 66 shares in the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Price Performance

HWM opened at $194.99 on Thursday. The stock has a market capitalization of $78.61 billion, a PE ratio of 57.02, a P/E/G ratio of 2.54 and a beta of 1.45. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31. The company’s 50 day simple moving average is $182.25 and its 200 day simple moving average is $164.88. Howmet Aerospace Inc. has a 1 year low of $98.83 and a 1 year high of $198.48.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, beating 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 firm had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $1.99 billion. During the same period in the previous year, the company posted $0.67 earnings per share. Howmet Aerospace’s 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. As a group, sell-side analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current 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 issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Friday, November 7th. Howmet Aerospace’s dividend payout ratio (DPR) is currently 14.04%.

Analysts Set New Price Targets

HWM has been the subject of several research analyst reports. 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 research note on Tuesday, August 5th. Barclays reissued an “overweight” rating and set a $190.00 price objective (up from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. BTIG Research set a $205.00 target price on shares of Howmet Aerospace and gave the company a “buy” rating in a report on Monday, August 4th. Royal Bank Of Canada restated an “outperform” rating on shares of Howmet Aerospace in a research report on Monday, June 30th. Finally, Zacks Research downgraded Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. Fourteen equities research 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 stock presently has an average rating of “Moderate Buy” and an average price target of $172.13.

About Howmet Aerospace

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.