Mn Services Vermogensbeheer B.V. Has $17.10 Million Position in Howmet Aerospace Inc. (NYSE:HWM)

Mn Services Vermogensbeheer B.V. lifted its position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 4.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 156,300 shares of the company's stock after purchasing an additional 6,300 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in Howmet Aerospace were worth $17,095,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Private Advisor Group LLC grew its position in Howmet Aerospace by 2.6% during the 3rd quarter. Private Advisor Group LLC now owns 17,009 shares of the company's stock worth $1,705,000 after acquiring an additional 433 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Howmet Aerospace by 36.8% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 25,442 shares of the company's stock worth $2,524,000 after purchasing an additional 6,839 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of Howmet Aerospace by 97.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 30,619 shares of the company's stock valued at $3,070,000 after buying an additional 15,108 shares in the last quarter. abrdn plc increased its stake in shares of Howmet Aerospace by 3.5% in the third quarter. abrdn plc now owns 150,774 shares of the company's stock valued at $14,956,000 after buying an additional 5,146 shares in the last quarter. Finally, Nicholas Hoffman & Company LLC. bought a new position in shares of Howmet Aerospace in the third quarter valued at about $251,000. Institutional investors own 90.46% of the company's stock.

Analyst Ratings Changes

HWM has been the topic of a number of research analyst reports. Barclays increased their price objective on shares of Howmet Aerospace from $130.00 to $140.00 and gave the stock an "overweight" rating in a report on Tuesday, February 18th. Robert W. Baird increased their price target on shares of Howmet Aerospace from $113.00 to $144.00 and gave the company an "outperform" rating in a research note on Thursday, November 7th. The Goldman Sachs Group upped their price objective on Howmet Aerospace from $124.00 to $139.00 and gave the stock a "buy" rating in a report on Tuesday, February 18th. Wells Fargo & Company lifted their target price on Howmet Aerospace from $129.00 to $132.00 and gave the company an "overweight" rating in a research note on Wednesday, December 11th. Finally, Bank of America raised their price target on Howmet Aerospace from $100.00 to $135.00 and gave the company a "buy" rating in a report on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $123.28.

Howmet Aerospace Trading Down 4.1 %

NYSE:HWM traded down $5.56 during trading hours on Monday, hitting $131.04. The stock had a trading volume of 3,192,068 shares, compared to its average volume of 2,819,158. The business's 50 day moving average is $123.36 and its 200-day moving average is $111.27. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 2.17. The company has a market cap of $53.07 billion, a price-to-earnings ratio of 46.47, a P/E/G ratio of 1.92 and a beta of 1.50. Howmet Aerospace Inc. has a one year low of $62.80 and a one year high of $140.55.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.74 EPS for the quarter, topping 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 business had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.88 billion. Sell-side analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 25th. Shareholders of record on Friday, February 7th were paid a $0.10 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $0.40 dividend on an annualized basis and a yield of 0.31%. This is a positive change from Howmet Aerospace's previous quarterly dividend of $0.08. Howmet Aerospace's payout ratio is presently 14.18%.

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.