Yeomans Consulting Group Inc. Has $593,000 Stock Holdings in Howmet Aerospace Inc. (NYSE:HWM)

Yeomans Consulting Group Inc. lifted its stake in Howmet Aerospace Inc. (NYSE:HWM) by 48.8% in the third quarter, HoldingsChannel reports. The firm owned 5,912 shares of the company’s stock after purchasing an additional 1,940 shares during the period. Yeomans Consulting Group Inc.’s holdings in Howmet Aerospace were worth $593,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of HWM. Cultivar Capital Inc. purchased a new stake in shares of Howmet Aerospace in the second quarter valued at $26,000. LGT Financial Advisors LLC lifted its stake in Howmet Aerospace by 278.7% in the 2nd quarter. LGT Financial Advisors LLC now owns 356 shares of the company’s stock worth $28,000 after acquiring an additional 262 shares in the last quarter. Rothschild Investment LLC acquired a new stake in Howmet Aerospace during the 2nd quarter worth about $32,000. Versant Capital Management Inc grew its stake in Howmet Aerospace by 1,209.1% during the 2nd quarter. Versant Capital Management Inc now owns 432 shares of the company’s stock valued at $34,000 after acquiring an additional 399 shares in the last quarter. Finally, Whittier Trust Co. increased its holdings in shares of Howmet Aerospace by 81.4% in the 1st quarter. Whittier Trust Co. now owns 508 shares of the company’s stock valued at $35,000 after purchasing an additional 228 shares during the period. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Insider Buying and Selling at Howmet Aerospace

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

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Robert W. Baird upped their price objective on shares of Howmet Aerospace from $84.00 to $113.00 and gave the company an “outperform” rating in a research note on Wednesday, July 31st. Barclays lifted their price objective on Howmet Aerospace from $85.00 to $100.00 and gave the company an “overweight” rating in a research report on Monday, August 5th. JPMorgan Chase & Co. boosted 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. Royal Bank of Canada lifted their price target on Howmet Aerospace from $90.00 to $105.00 and gave the company an “outperform” rating in a report on Wednesday, July 31st. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Howmet Aerospace from $106.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, October 3rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $101.50.

Howmet Aerospace Stock Performance

NYSE:HWM traded up $0.52 during mid-day trading on Monday, hitting $101.91. 421,833 shares of the company’s stock traded hands, compared to its average volume of 2,950,566. 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 firm has a 50 day moving average of $98.79 and a two-hundred day moving average of $86.76. The firm has a market capitalization of $41.60 billion, a price-to-earnings ratio of 48.98, a price-to-earnings-growth ratio of 1.51 and a beta of 1.46. Howmet Aerospace Inc. has a 12 month low of $43.19 and a 12 month high of $106.93.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Tuesday, July 30th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.07. The business had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.83 billion. Howmet Aerospace had a net margin of 13.15% and a return on equity of 23.02%. Howmet Aerospace’s revenue was up 14.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.44 earnings per share. On average, equities analysts forecast that Howmet Aerospace Inc. will post 2.59 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, November 25th. Investors of record on Friday, November 8th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, November 8th. This represents a $0.32 annualized dividend and a yield of 0.31%. Howmet Aerospace’s dividend payout ratio is 15.46%.

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.