Howmet Aerospace Inc. (NYSE:HWM) Holdings Lifted by Natixis Advisors LLC

Natixis Advisors LLC grew its holdings in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 3.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 756,218 shares of the company's stock after acquiring an additional 25,979 shares during the period. Natixis Advisors LLC owned about 0.19% of Howmet Aerospace worth $82,708,000 as of its most recent SEC filing.

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

Wall Street Analyst Weigh In

A number of research firms recently weighed in on HWM. Barclays raised their price target on shares of Howmet Aerospace from $130.00 to $140.00 and gave the company an "overweight" rating in a report on Tuesday, February 18th. Truist Financial restated a "buy" rating and set a $140.00 target price (up from $130.00) on shares of Howmet Aerospace in a research note on Friday, February 14th. 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. The Goldman Sachs Group raised their price objective on Howmet Aerospace from $124.00 to $139.00 and gave the company a "buy" rating in a research note on Tuesday, February 18th. Finally, Morgan Stanley upped their target price on Howmet Aerospace from $125.00 to $155.00 and gave the company an "overweight" rating in a research report on Wednesday, February 19th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and fifteen have issued a buy rating to the stock. According to data from MarketBeat, Howmet Aerospace presently has an average rating of "Moderate Buy" and an average price target of $123.28.

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Howmet Aerospace Stock Performance

Shares of NYSE:HWM traded down $0.28 during trading on Thursday, reaching $131.70. 2,074,860 shares of the company's stock traded hands, compared to its average volume of 2,955,299. The stock has a market capitalization of $53.34 billion, a P/E 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. The company has a 50 day moving average of $127.40 and a 200-day moving average of $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.

Howmet Aerospace (NYSE:HWM - Get Free Report) last posted 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. The company had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.88 billion. Howmet Aerospace had a return on equity of 25.74% and a net margin of 15.55%. On average, equities analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 25th. Shareholders of record on Friday, February 7th were given a $0.10 dividend. The ex-dividend date was Friday, February 7th. This is a positive change from Howmet Aerospace's previous quarterly dividend of $0.08. This represents a $0.40 annualized dividend and a yield of 0.30%. Howmet Aerospace's dividend payout ratio (DPR) is currently 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.