Arkadios Wealth Advisors Buys 4,295 Shares of Howmet Aerospace Inc. $HWM

Arkadios Wealth Advisors lifted its position in Howmet Aerospace Inc. (NYSE:HWM) by 359.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,489 shares of the company’s stock after purchasing an additional 4,295 shares during the quarter. Arkadios Wealth Advisors’ holdings in Howmet Aerospace were worth $1,077,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in HWM. Brighton Jones LLC grew its holdings in Howmet Aerospace by 5.4% during the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after buying an additional 130 shares in the last quarter. Acadian Asset Management LLC bought a new position in shares of Howmet Aerospace during the 1st quarter valued at approximately $399,000. Sivia Capital Partners LLC bought a new position in shares of Howmet Aerospace during the 2nd quarter valued at approximately $216,000. AdvisorNet Financial Inc grew its holdings in shares of Howmet Aerospace by 2,433.3% in the second quarter. AdvisorNet Financial Inc now owns 228 shares of the company’s stock valued at $42,000 after purchasing an additional 219 shares in the last quarter. Finally, Fifth Third Bancorp increased its position in Howmet Aerospace by 16.4% in the second quarter. Fifth Third Bancorp now owns 14,871 shares of the company’s stock worth $2,768,000 after purchasing an additional 2,094 shares during the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have commented on the stock. UBS Group increased their price objective on shares of Howmet Aerospace from $199.00 to $209.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. Industrial Alliance Securities set a $240.00 target price on shares of Howmet Aerospace in a report on Monday, November 3rd. TD Cowen reaffirmed a “buy” rating on shares of Howmet Aerospace in a report on Friday, October 31st. Bank of America lifted their price target on Howmet Aerospace from $215.00 to $250.00 and gave the stock a “buy” rating in a research report on Friday, November 14th. Finally, BTIG Research boosted their price objective on Howmet Aerospace from $205.00 to $240.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Howmet Aerospace has a consensus rating of “Moderate Buy” and a consensus target price of $224.53.

Howmet Aerospace Stock Performance

Shares of NYSE:HWM opened at $214.91 on Friday. The company has a current ratio of 2.35, a quick ratio of 1.14 and a debt-to-equity ratio of 0.63. Howmet Aerospace Inc. has a 12 month low of $105.04 and a 12 month high of $226.87. The company has a market capitalization of $86.41 billion, a price-to-earnings ratio of 60.37, a PEG ratio of 2.03 and a beta of 1.29. The firm’s 50-day moving average is $206.42 and its 200 day moving average is $194.40.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Thursday, October 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.04. The business had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.04 billion. Howmet Aerospace had a return on equity of 29.21% and a net margin of 18.18%.The company’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.81 earnings per share. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS and its Q4 2025 guidance at 0.940-0.960 EPS. Research analysts predict that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 25th. Investors of record on Friday, February 6th will be issued a dividend of $0.12 per share. The ex-dividend date is Friday, February 6th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s payout ratio is presently 13.48%.

Howmet Aerospace Company Profile

Howmet Aerospace Inc is an industrial technology company that designs, manufactures and repairs engineered metal products for the aerospace, transportation and industrial markets. Its product portfolio includes precision castings and forgings, engineered fasteners, seamless rolled rings, and complex components for turbine engines, airframes and industrial gas turbines. The company also provides aftermarket services such as component repair, overhaul and parts distribution to support the operating fleet of commercial and military customers.

Howmet serves a global customer base of original equipment manufacturers (OEMs) and aftermarket operators, with manufacturing, service and distribution facilities across North America, Europe and Asia.