19,486 Shares in Howmet Aerospace Inc. (NYSE:HWM) Purchased by Roman Butler Fullerton & Co.

Roman Butler Fullerton & Co. bought a new position in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 19,486 shares of the company's stock, valued at approximately $2,025,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cultivar Capital Inc. bought a new position in shares of Howmet Aerospace during the 2nd quarter valued at about $26,000. LGT Financial Advisors LLC boosted its stake in Howmet Aerospace by 278.7% during the second quarter. LGT Financial Advisors LLC now owns 356 shares of the company's stock valued at $28,000 after buying an additional 262 shares during the last quarter. Rothschild Investment LLC bought a new stake in Howmet Aerospace in the 2nd quarter worth approximately $32,000. Versant Capital Management Inc increased its stake in Howmet Aerospace by 1,209.1% in the 2nd quarter. Versant Capital Management Inc now owns 432 shares of the company's stock worth $34,000 after acquiring an additional 399 shares during the last quarter. Finally, AlphaCentric Advisors LLC purchased a new stake in shares of Howmet Aerospace during the 2nd quarter worth approximately $36,000. Institutional investors own 90.46% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on HWM shares. Benchmark boosted their price target on shares of Howmet Aerospace from $53.00 to $85.00 and gave the stock a "buy" rating in a research report on Friday, July 12th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Howmet Aerospace from $106.00 to $125.00 and gave the company a "buy" rating in a research report on Thursday, October 3rd. Robert W. Baird upped their price target on shares of Howmet Aerospace from $84.00 to $113.00 and gave the company an "outperform" rating in a report on Wednesday, July 31st. JPMorgan Chase & Co. upped their target price on Howmet Aerospace from $83.00 to $105.00 and gave the company an "overweight" rating in a research note on Wednesday, July 31st. Finally, BTIG Research boosted their price objective on Howmet Aerospace from $95.00 to $115.00 and gave the company a "buy" rating in a report on Monday, August 5th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $101.50.

Howmet Aerospace Stock Down 0.2 %

Shares of NYSE:HWM traded down $0.19 during trading on Monday, reaching $99.84. The stock had a trading volume of 1,728,414 shares, compared to its average volume of 2,947,362. The company has a current ratio of 1.53, a quick ratio of 0.74 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $40.75 billion, a P/E ratio of 44.08, a PEG ratio of 1.45 and a beta of 1.46. The firm's 50-day simple moving average is $99.22 and its 200 day simple moving average is $88.05. Howmet Aerospace Inc. has a one year low of $47.88 and a one year high of $106.93.

Howmet Aerospace Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 25th. Stockholders of record on Friday, November 8th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.32%. The ex-dividend date of this dividend is Friday, November 8th. Howmet Aerospace's payout ratio is presently 14.16%.

Insider Activity

In related news, EVP Neil Edward Marchuk sold 70,637 shares of the business's stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $96.94, for a total transaction of $6,847,550.78. Following the transaction, the executive vice president now directly owns 92,687 shares in the company, valued at $8,985,077.78. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other Howmet Aerospace news, CFO Ken Giacobbe sold 154,909 shares of the firm's stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $96.58, for a total value of $14,961,111.22. Following the completion of the transaction, the chief financial officer now owns 155,135 shares of the company's stock, valued at approximately $14,982,938.30. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Neil Edward Marchuk sold 70,637 shares of Howmet Aerospace stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $96.94, for a total transaction of $6,847,550.78. Following the sale, the executive vice president now owns 92,687 shares of the company's stock, valued at $8,985,077.78. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.12% of the company's stock.

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.