4,962 Shares in Howmet Aerospace Inc. (NYSE:HWM) Acquired by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC acquired a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 4,962 shares of the company’s stock, valued at approximately $497,000.

Several other hedge funds have also added to or reduced their stakes in HWM. Lone Pine Capital LLC purchased a new stake in shares of Howmet Aerospace during the second quarter valued at approximately $284,539,000. TD Asset Management Inc lifted its position in Howmet Aerospace by 16.9% in the 2nd quarter. TD Asset Management Inc now owns 3,152,629 shares of the company’s stock valued at $244,739,000 after acquiring an additional 455,180 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Howmet Aerospace by 5.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,305,249 shares of the company’s stock valued at $231,101,000 after purchasing an additional 114,457 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Howmet Aerospace by 2.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,102,155 shares of the company’s stock worth $163,218,000 after purchasing an additional 56,614 shares in the last quarter. Finally, Los Angeles Capital Management LLC raised its stake in shares of Howmet Aerospace by 12.2% in the third quarter. Los Angeles Capital Management LLC now owns 1,378,141 shares of the company’s stock worth $138,159,000 after purchasing an additional 150,387 shares during the last quarter. 90.46% of the stock is owned by institutional investors.

Analyst Ratings Changes

HWM has been the topic of several recent analyst reports. Bank of America increased their price objective on Howmet Aerospace from $100.00 to $135.00 and gave the company a “buy” rating in a research report on Wednesday, November 13th. BTIG Research lifted their price target on shares of Howmet Aerospace from $95.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, August 5th. Susquehanna raised their target price on shares of Howmet Aerospace from $120.00 to $132.00 and gave the stock a “positive” rating in a report on Thursday, November 7th. Barclays lifted their target price on shares of Howmet Aerospace from $100.00 to $130.00 and gave the stock an “overweight” rating in a research report on Monday, November 11th. Finally, Robert W. Baird increased 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. One analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat, Howmet Aerospace has a consensus rating of “Moderate Buy” and a consensus price target of $115.41.

Howmet Aerospace Trading Down 0.4 %

Howmet Aerospace stock opened at $116.70 on Friday. Howmet Aerospace Inc. has a 12-month low of $51.47 and a 12-month high of $119.28. The firm has a market capitalization of $47.41 billion, a price-to-earnings ratio of 44.54, a P/E/G ratio of 1.56 and a beta of 1.46. The firm has a 50 day moving average of $106.31 and a 200 day moving average of $93.42. The company has a current ratio of 2.24, a quick ratio of 0.98 and a debt-to-equity ratio of 0.76.

Howmet Aerospace Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 25th. Stockholders of record on Friday, November 8th were given a dividend of $0.08 per share. The ex-dividend date was Friday, November 8th. This represents a $0.32 annualized dividend and a dividend yield of 0.27%. Howmet Aerospace’s payout ratio is 12.21%.

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.