Howmet Aerospace Inc. $HWM Shares Sold by Hantz Financial Services Inc.

Hantz Financial Services Inc. reduced its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 10.9% in the 2nd quarter, HoldingsChannel reports. The fund owned 24,957 shares of the company’s stock after selling 3,057 shares during the quarter. Hantz Financial Services Inc.’s holdings in Howmet Aerospace were worth $4,645,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Arkadios Wealth Advisors acquired a new position in shares of Howmet Aerospace during the 2nd quarter worth about $222,000. World Investment Advisors acquired a new position in shares of Howmet Aerospace during the 2nd quarter worth about $892,000. Daymark Wealth Partners LLC boosted its position in shares of Howmet Aerospace by 6.9% during the 2nd quarter. Daymark Wealth Partners LLC now owns 4,429 shares of the company’s stock worth $824,000 after acquiring an additional 287 shares in the last quarter. 626 Financial LLC acquired a new position in shares of Howmet Aerospace during the 2nd quarter worth about $227,000. Finally, Auto Owners Insurance Co boosted its position in shares of Howmet Aerospace by 175.8% during the 2nd quarter. Auto Owners Insurance Co now owns 7,033 shares of the company’s stock worth $1,309,000 after acquiring an additional 4,483 shares in the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently issued reports on HWM shares. Zacks Research cut Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. Weiss Ratings reissued a “buy (b)” rating on shares of Howmet Aerospace in a research report on Wednesday, October 8th. Morgan Stanley upped their target price on Howmet Aerospace from $170.00 to $210.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Vertical Research reissued a “buy” rating on shares of Howmet Aerospace in a research report on Thursday, July 31st. Finally, Susquehanna upped their target price on Howmet Aerospace from $210.00 to $220.00 and gave the company a “positive” rating in a research report on Thursday, October 9th. Thirteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $181.92.

Howmet Aerospace Stock Performance

Shares of HWM stock opened at $201.71 on Friday. The company has a market cap of $81.32 billion, a price-to-earnings ratio of 58.98, a price-to-earnings-growth ratio of 2.64 and a beta of 1.45. The stock has a 50 day simple moving average of $187.88 and a 200-day simple moving average of $174.81. Howmet Aerospace Inc. has a 12-month low of $99.10 and a 12-month high of $211.95. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, October 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04. The business had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.04 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The company’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.81 EPS. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. On average, equities analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Dividend Announcement

The firm also recently announced 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. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, November 7th. Howmet Aerospace’s dividend payout ratio is 14.04%.

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.