Guyasuta Investment Advisors Inc. Buys 104 Shares of Howmet Aerospace Inc. (NYSE:HWM)

Guyasuta Investment Advisors Inc. raised its stake in Howmet Aerospace Inc. (NYSE:HWM) by 1.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 7,662 shares of the company’s stock after purchasing an additional 104 shares during the quarter. Guyasuta Investment Advisors Inc.’s holdings in Howmet Aerospace were worth $838,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Nations Financial Group Inc. IA ADV bought a new stake in Howmet Aerospace in the fourth quarter valued at approximately $248,000. New Mexico Educational Retirement Board lifted its position in Howmet Aerospace by 2.6% in the fourth quarter. New Mexico Educational Retirement Board now owns 19,509 shares of the company’s stock valued at $2,134,000 after purchasing an additional 500 shares during the last quarter. Valeo Financial Advisors LLC lifted its position in Howmet Aerospace by 9.5% in the fourth quarter. Valeo Financial Advisors LLC now owns 2,784 shares of the company’s stock valued at $305,000 after purchasing an additional 241 shares during the last quarter. AustralianSuper Pty Ltd lifted its position in Howmet Aerospace by 1,000.0% in the fourth quarter. AustralianSuper Pty Ltd now owns 930,533 shares of the company’s stock valued at $101,772,000 after purchasing an additional 845,941 shares during the last quarter. Finally, Compagnie Lombard Odier SCmA bought a new stake in Howmet Aerospace in the fourth quarter valued at approximately $507,000. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Up 4.4 %

NYSE HWM opened at $133.66 on Friday. The stock’s 50-day moving average price is $118.75 and its 200-day moving average price is $107.74. The company has a quick ratio of 0.98, a current ratio of 2.24 and a debt-to-equity ratio of 0.76. Howmet Aerospace Inc. has a 52 week low of $62.70 and a 52 week high of $133.92. The company has a market capitalization of $54.30 billion, a P/E ratio of 51.02, a price-to-earnings-growth ratio of 1.45 and a beta of 1.50.

Howmet Aerospace (NYSE:HWM) last posted 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 24.50% and a net margin of 14.81%. On average, equities research analysts predict that Howmet Aerospace Inc. will post 2.66 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 25th. Investors of record on Friday, February 7th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $0.40 annualized dividend and a dividend yield of 0.30%. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.08. Howmet Aerospace’s dividend payout ratio (DPR) is currently 12.21%.

Analyst Ratings Changes

HWM has been the topic of a number of research analyst reports. Royal Bank of Canada upped their price target on Howmet Aerospace from $105.00 to $135.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Wells Fargo & Company upped their price target on Howmet Aerospace from $129.00 to $132.00 and gave the company an “overweight” rating in a report on Wednesday, December 11th. JPMorgan Chase & Co. upped their price target on Howmet Aerospace from $125.00 to $130.00 and gave the company an “overweight” rating in a report on Friday. Robert W. Baird upped their price target on Howmet Aerospace from $113.00 to $144.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Finally, Truist Financial reaffirmed a “buy” rating and set a $140.00 price target (up from $130.00) on shares of Howmet Aerospace in a report on Friday. One analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and a consensus target price of $117.76.

Howmet Aerospace 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.