Blue Trust Inc. Sells 709 Shares of Howmet Aerospace Inc. $HWM

Blue Trust Inc. lessened its position in Howmet Aerospace Inc. (NYSE:HWM) by 19.2% during the second quarter, Holdings Channel.com reports. The fund owned 2,983 shares of the company’s stock after selling 709 shares during the period. Blue Trust Inc.’s holdings in Howmet Aerospace were worth $555,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the stock. Callan Family Office LLC bought a new stake in shares of Howmet Aerospace during the 2nd quarter valued at about $1,071,000. Blair William & Co. IL boosted its stake in shares of Howmet Aerospace by 0.5% during the 2nd quarter. Blair William & Co. IL now owns 77,454 shares of the company’s stock valued at $14,416,000 after purchasing an additional 349 shares in the last quarter. US Bancorp DE boosted its stake in shares of Howmet Aerospace by 2.6% during the 2nd quarter. US Bancorp DE now owns 39,588 shares of the company’s stock valued at $7,369,000 after purchasing an additional 993 shares in the last quarter. Maryland State Retirement & Pension System boosted its stake in shares of Howmet Aerospace by 2.9% during the 2nd quarter. Maryland State Retirement & Pension System now owns 19,490 shares of the company’s stock valued at $3,628,000 after purchasing an additional 549 shares in the last quarter. Finally, Valmark Advisers Inc. bought a new stake in shares of Howmet Aerospace during the 2nd quarter valued at about $224,000. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Trading Down 2.6%

NYSE:HWM opened at $183.97 on Monday. The company’s 50 day moving average price is $182.56 and its 200-day moving average price is $168.13. Howmet Aerospace Inc. has a 52 week low of $98.83 and a 52 week high of $198.48. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65. The stock has a market cap of $74.16 billion, a price-to-earnings ratio of 53.79, a PEG ratio of 2.39 and a beta of 1.45.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.91 earnings per share 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 analyst estimates of $1.99 billion. During the same period in the previous year, the business earned $0.67 EPS. 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, equities research analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Investors of record on Friday, November 7th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. Howmet Aerospace’s dividend payout ratio (DPR) is 14.04%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Wall Street Zen raised shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Susquehanna lifted their price target on shares of Howmet Aerospace from $210.00 to $220.00 and gave the company a “positive” rating in a research report on Thursday. Weiss Ratings reissued a “buy (b)” rating on shares of Howmet Aerospace in a research report on Wednesday, October 8th. BTIG Research set a $205.00 price target on shares of Howmet Aerospace and gave the company a “buy” rating in a research report on Monday, August 4th. Finally, Zacks Research cut shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. Fourteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $176.21.

Howmet Aerospace Company 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.