GWN Securities Inc. Takes Position in Howmet Aerospace Inc. (NYSE:HWM)

GWN Securities Inc. bought a new stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,291 shares of the company's stock, valued at approximately $360,000.

Other institutional investors also recently added to or reduced their stakes in the company. RiverPark Advisors LLC acquired a new stake in shares of Howmet Aerospace in the 3rd quarter valued at approximately $26,000. R Squared Ltd purchased a new position in Howmet Aerospace in the fourth quarter worth $26,000. Washington Trust Advisors Inc. acquired a new stake in Howmet Aerospace in the fourth quarter valued at $29,000. Global Trust Asset Management LLC purchased a new stake in shares of Howmet Aerospace during the 4th quarter worth $33,000. Finally, Hanson & Doremus Investment Management acquired a new position in shares of Howmet Aerospace during the 4th quarter worth $34,000. Hedge funds and other institutional investors own 90.46% of the company's stock.

Analyst Ratings Changes

Several analysts recently commented on the stock. The Goldman Sachs Group raised their price objective on shares of Howmet Aerospace from $124.00 to $139.00 and gave the company a "buy" rating in a research note on Tuesday, February 18th. JPMorgan Chase & Co. boosted their price target on Howmet Aerospace from $125.00 to $130.00 and gave the stock an "overweight" rating in a research note on Friday, February 14th. Truist Financial reaffirmed a "buy" rating and issued a $140.00 price objective (up from $130.00) on shares of Howmet Aerospace in a research note on Friday, February 14th. Morgan Stanley boosted their target price on Howmet Aerospace from $125.00 to $155.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 19th. Finally, Barclays raised their price target on Howmet Aerospace from $130.00 to $140.00 and gave the company an "overweight" rating in a research report on Tuesday, February 18th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and fifteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Howmet Aerospace presently has an average rating of "Moderate Buy" and an average price target of $123.28.

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Howmet Aerospace Trading Down 0.2 %

HWM stock traded down $0.28 during midday trading on Thursday, hitting $131.70. The stock had a trading volume of 2,074,860 shares, compared to its average volume of 2,955,299. The company's 50-day moving average price is $127.40 and its 200 day moving average price is $113.96. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.17 and a quick ratio of 0.98. The firm has a market cap of $53.34 billion, a PE ratio of 46.70, a price-to-earnings-growth ratio of 1.92 and a beta of 1.54. Howmet Aerospace Inc. has a 12-month low of $62.80 and a 12-month high of $140.55.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its earnings results on Thursday, February 13th. The company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.71 by $0.03. Howmet Aerospace had a return on equity of 25.74% and a net margin of 15.55%. The firm had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.88 billion. On average, equities research analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 25th. Stockholders of record on Friday, February 7th were issued a dividend of $0.10 per share. This is a positive change from Howmet Aerospace's previous quarterly dividend of $0.08. This represents a $0.40 annualized dividend and a dividend yield of 0.30%. The ex-dividend date was Friday, February 7th. Howmet Aerospace's dividend payout ratio is presently 14.18%.

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.