Savant Capital LLC Has $3.02 Million Position in Howmet Aerospace Inc. (NYSE:HWM)

Savant Capital LLC grew its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 0.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 27,583 shares of the company’s stock after purchasing an additional 219 shares during the quarter. Savant Capital LLC’s holdings in Howmet Aerospace were worth $3,017,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of HWM. Livforsakringsbolaget Skandia Omsesidigt lifted its stake in shares of Howmet Aerospace by 1,258.3% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 2,051 shares of the company’s stock valued at $206,000 after acquiring an additional 1,900 shares during the period. Inspire Investing LLC acquired a new position in shares of Howmet Aerospace during the third quarter valued at $889,000. Exchange Traded Concepts LLC bought a new stake in Howmet Aerospace in the third quarter valued at about $553,000. ORG Wealth Partners LLC bought a new stake in Howmet Aerospace in the third quarter valued at about $125,000. Finally, Creative Planning increased its holdings in Howmet Aerospace by 14.3% in the third quarter. Creative Planning now owns 52,170 shares of the company’s stock valued at $5,230,000 after purchasing an additional 6,537 shares during the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

Analyst Ratings Changes

HWM has been the subject of a number of recent analyst reports. Barclays upped their price objective on Howmet Aerospace from $100.00 to $130.00 and gave the company an “overweight” rating in a report on Monday, November 11th. Robert W. Baird upped their price objective on Howmet Aerospace from $113.00 to $144.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. UBS Group upped their price objective on Howmet Aerospace from $103.00 to $120.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. KeyCorp downgraded Howmet Aerospace from an “overweight” rating to a “sector weight” rating in a report on Thursday, October 24th. Finally, Bank of America upped their price objective 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 fourteen have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $115.71.

Howmet Aerospace Stock Performance

Shares of NYSE HWM opened at $129.38 on Wednesday. The stock has a 50 day moving average price of $118.22 and a 200 day moving average price of $107.12. Howmet Aerospace Inc. has a 52 week low of $58.34 and a 52 week high of $129.69. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.98 and a current ratio of 2.24. The stock has a market capitalization of $52.56 billion, a PE ratio of 49.38, a price-to-earnings-growth ratio of 1.45 and a beta of 1.50.

Howmet Aerospace Increases Dividend

The business also recently declared 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 is Friday, February 7th. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.08. This represents a $0.40 annualized dividend and a yield of 0.31%. Howmet Aerospace’s dividend payout ratio is 12.21%.

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.