TD Asset Management Inc Sells 330,877 Shares of Howmet Aerospace Inc. $HWM

TD Asset Management Inc lowered its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 11.4% in the 2nd quarter, HoldingsChannel reports. The firm owned 2,569,349 shares of the company’s stock after selling 330,877 shares during the quarter. TD Asset Management Inc’s holdings in Howmet Aerospace were worth $478,233,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of HWM. Brighton Jones LLC raised its stake in shares of Howmet Aerospace by 5.4% during the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after acquiring an additional 130 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Howmet Aerospace by 22.1% during the 1st quarter. GAMMA Investing LLC now owns 10,238 shares of the company’s stock worth $1,328,000 after acquiring an additional 1,854 shares in the last quarter. Fifth Third Bancorp increased its stake in Howmet Aerospace by 15.5% during the 1st quarter. Fifth Third Bancorp now owns 12,777 shares of the company’s stock valued at $1,658,000 after purchasing an additional 1,716 shares in the last quarter. CVA Family Office LLC increased its stake in Howmet Aerospace by 15.7% during the 1st quarter. CVA Family Office LLC now owns 605 shares of the company’s stock valued at $78,000 after purchasing an additional 82 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased 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 purchasing an additional 98,642 shares in the last quarter. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Performance

Shares of NYSE HWM opened at $190.04 on Tuesday. The company’s fifty day moving average price is $182.75 and its 200 day moving average price is $168.55. Howmet Aerospace Inc. has a 1 year low of $98.83 and a 1 year high of $198.48. The company has a market capitalization of $76.61 billion, a PE ratio of 55.57, a price-to-earnings-growth ratio of 2.39 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.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.04. The business 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%. The company’s revenue was up 9.2% compared to the same quarter last year. During the same period last year, the firm posted $0.67 earnings per share. 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 predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The business also recently disclosed 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 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Friday, November 7th. Howmet Aerospace’s dividend payout ratio (DPR) is presently 14.04%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on HWM shares. Barclays restated an “overweight” rating and set a $190.00 price target (up previously from $140.00) on shares of Howmet Aerospace in a research note on Monday, August 4th. Vertical Research reiterated a “buy” rating on shares of Howmet Aerospace in a research note on Thursday, July 31st. Royal Bank Of Canada reiterated an “outperform” rating on shares of Howmet Aerospace in a research note on Monday, June 30th. Bank of America increased their price objective on shares of Howmet Aerospace from $185.00 to $215.00 and gave the stock a “buy” rating in a research note on Tuesday, August 5th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a research note on Wednesday, October 8th. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price 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.