Neville Rodie & Shaw Inc. Buys 7,530 Shares of Howmet Aerospace Inc. $HWM

Neville Rodie & Shaw Inc. boosted its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 11.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,584 shares of the company’s stock after purchasing an additional 7,530 shares during the quarter. Howmet Aerospace comprises 1.0% of Neville Rodie & Shaw Inc.’s holdings, making the stock its 27th largest holding. Neville Rodie & Shaw Inc.’s holdings in Howmet Aerospace were worth $13,696,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Harbour Investments Inc. boosted its position in Howmet Aerospace by 10.1% during the first quarter. Harbour Investments Inc. now owns 1,114 shares of the company’s stock valued at $145,000 after purchasing an additional 102 shares in the last quarter. PFG Advisors boosted its holdings in Howmet Aerospace by 37.9% in the first quarter. PFG Advisors now owns 9,593 shares of the company’s stock worth $1,245,000 after acquiring an additional 2,635 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in Howmet Aerospace by 233.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 140,883 shares of the company’s stock worth $18,277,000 after acquiring an additional 98,642 shares in the last quarter. Park Avenue Securities LLC boosted its holdings in Howmet Aerospace by 126.1% in the first quarter. Park Avenue Securities LLC now owns 24,207 shares of the company’s stock worth $3,140,000 after acquiring an additional 13,500 shares in the last quarter. Finally, Private Trust Co. NA boosted its holdings in Howmet Aerospace by 65.4% in the first quarter. Private Trust Co. NA now owns 673 shares of the company’s stock worth $87,000 after acquiring an additional 266 shares in the last quarter. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Trading Up 1.0%

Shares of NYSE:HWM opened at $186.00 on Friday. Howmet Aerospace Inc. has a 52-week low of $92.77 and a 52-week high of $193.26. The stock has a market cap of $74.98 billion, a price-to-earnings ratio of 54.39, a PEG ratio of 2.38 and a beta of 1.45. 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 business has a 50-day moving average price of $180.31 and a 200-day moving average price of $159.21.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The firm had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $1.99 billion. During the same period last year, the business posted $0.67 earnings per share. The company’s revenue for the quarter was up 9.2% compared to the same quarter last year. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. Equities analysts predict that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, August 25th. Investors of record on Friday, August 8th were given a dividend of $0.12 per share. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.10. This represents a $0.48 annualized dividend and a yield of 0.3%. The ex-dividend date was Friday, August 8th. Howmet Aerospace’s dividend payout ratio (DPR) is 14.04%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on HWM shares. Morgan Stanley raised their price target on Howmet Aerospace from $170.00 to $210.00 and gave the stock an “overweight” rating in a report on Thursday, July 17th. Vertical Research reissued a “buy” rating on shares of Howmet Aerospace in a report on Thursday, July 31st. Truist Financial raised their price target on Howmet Aerospace from $161.00 to $192.00 and gave the stock a “buy” rating in a report on Thursday, June 12th. Zacks Research raised Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a report on Monday, August 25th. Finally, BTIG Research set a $205.00 price target on Howmet Aerospace and gave the stock a “buy” rating in a report on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and an average target price of $172.13.

About Howmet Aerospace

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.