Fifth Third Wealth Advisors LLC Has $505,000 Stake in Howmet Aerospace Inc. (NYSE:HWM)

Fifth Third Wealth Advisors LLC cut its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 5.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,614 shares of the company’s stock after selling 257 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in Howmet Aerospace were worth $505,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in HWM. Caprock Group LLC lifted its stake in shares of Howmet Aerospace by 1.0% in the third quarter. Caprock Group LLC now owns 11,179 shares of the company’s stock worth $1,121,000 after acquiring an additional 106 shares during the period. Versant Capital Management Inc raised its holdings in Howmet Aerospace by 18.7% during the 4th quarter. Versant Capital Management Inc now owns 744 shares of the company’s stock worth $81,000 after purchasing an additional 117 shares during the last quarter. Massmutual Trust Co. FSB ADV lifted its position in shares of Howmet Aerospace by 6.8% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 1,944 shares of the company’s stock worth $195,000 after purchasing an additional 124 shares during the period. OneDigital Investment Advisors LLC boosted its stake in shares of Howmet Aerospace by 2.4% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 5,260 shares of the company’s stock valued at $527,000 after purchasing an additional 124 shares during the last quarter. Finally, Assetmark Inc. increased its position in shares of Howmet Aerospace by 40.0% during the third quarter. Assetmark Inc. now owns 441 shares of the company’s stock worth $44,000 after buying an additional 126 shares during the period. Institutional investors own 90.46% of the company’s stock.

Wall Street Analysts Forecast Growth

HWM has been the topic of a number of research analyst reports. UBS Group upped their price target on shares of Howmet Aerospace from $103.00 to $120.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. KeyCorp lowered Howmet Aerospace from an “overweight” rating to a “sector weight” rating in a research report on Thursday, October 24th. Royal Bank of Canada lifted their target price on Howmet Aerospace from $105.00 to $135.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Deutsche Bank Aktiengesellschaft increased their price target on Howmet Aerospace from $106.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, October 3rd. Finally, Robert W. Baird lifted their price objective on shares of Howmet Aerospace from $113.00 to $144.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $115.71.

Howmet Aerospace Trading Up 1.0 %

HWM opened at $123.04 on Friday. The firm has a market capitalization of $49.98 billion, a PE ratio of 46.96, a P/E/G ratio of 1.27 and a beta of 1.49. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.24 and a quick ratio of 0.98. Howmet Aerospace Inc. has a fifty-two week low of $53.18 and a fifty-two week high of $124.15. The company’s 50-day moving average is $114.31 and its 200 day moving average is $101.04.

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.