Vontobel Holding Ltd. Sells 17,859 Shares of Howmet Aerospace Inc. $HWM

Vontobel Holding Ltd. reduced its stake in Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 33.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,552 shares of the company’s stock after selling 17,859 shares during the quarter. Vontobel Holding Ltd.’s holdings in Howmet Aerospace were worth $8,041,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Premier Path Wealth Partners LLC raised its stake in shares of Howmet Aerospace by 1.0% in the 2nd quarter. Premier Path Wealth Partners LLC now owns 3,812 shares of the company’s stock valued at $1,025,000 after purchasing an additional 37 shares during the period. Bartlett & CO. Wealth Management LLC lifted its holdings in shares of Howmet Aerospace by 55.1% in the second quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock valued at $29,000 after purchasing an additional 38 shares in the last quarter. Physician Wealth Advisors Inc. lifted its holdings in shares of Howmet Aerospace by 2.5% in the first quarter. Physician Wealth Advisors Inc. now owns 1,730 shares of the company’s stock valued at $399,000 after purchasing an additional 42 shares in the last quarter. Roman Butler Fullerton & Co. boosted its position in shares of Howmet Aerospace by 0.4% during the first quarter. Roman Butler Fullerton & Co. now owns 10,537 shares of the company’s stock worth $2,634,000 after buying an additional 42 shares during the period. Finally, Raleigh Capital Management Inc. boosted its position in shares of Howmet Aerospace by 4.3% during the second quarter. Raleigh Capital Management Inc. now owns 1,094 shares of the company’s stock worth $294,000 after buying an additional 45 shares during the period. 90.46% of the stock is owned by institutional investors and hedge funds.

Howmet Aerospace Price Performance

NYSE:HWM opened at $220.91 on Friday. Howmet Aerospace Inc. has a 1-year low of $187.46 and a 1-year high of $310.00. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71. The firm has a fifty day simple moving average of $245.22 and a 200 day simple moving average of $256.84. The stock has a market capitalization of $88.39 billion, a PE ratio of 47.61, a P/E/G ratio of 1.99 and a beta of 1.21.

Howmet Aerospace (NYSE:HWM – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.09. The firm had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The company’s quarterly revenue was up 24.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.91 earnings per share. Howmet Aerospace has set its Q3 2026 guidance at 1.340-1.360 EPS and its FY 2026 guidance at 5.230-5.310 EPS. On average, research analysts expect that Howmet Aerospace Inc. will post 5.34 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Friday, November 6th will be paid a dividend of $0.14 per share. The ex-dividend date is Friday, November 6th. This represents a $0.56 annualized dividend and a dividend yield of 0.3%. Howmet Aerospace’s payout ratio is currently 12.07%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. JPMorgan Chase & Co. increased their price objective on Howmet Aerospace from $310.00 to $350.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. BTIG Research boosted their target price on Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Royal Bank Of Canada reduced their price target on Howmet Aerospace from $350.00 to $300.00 and set an “outperform” rating for the company in a research report on Thursday. Weiss Ratings raised Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, August 19th. Finally, BNP Paribas Exane decreased their price target on shares of Howmet Aerospace from $345.00 to $310.00 and set an “outperform” rating for the company in a research note on Tuesday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Howmet Aerospace currently has an average rating of “Moderate Buy” and an average target price of $310.29.

Check Out Our Latest Research Report on HWM

Howmet Aerospace Profile

(Free Report)

Howmet Aerospace Inc (NYSE:HWM) is a global manufacturer of advanced engineered products and materials primarily serving the aerospace, defense, commercial transportation and industrial markets. The company develops components designed to operate in demanding environments where strength, durability and weight reduction are important.

Howmet’s product portfolio includes aircraft engine components, airframe structures, titanium and nickel-based forgings, fastening systems and wheels for commercial vehicles.

See Also

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Institutional Ownership by Quarter for Howmet Aerospace (NYSE:HWM)

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