Howmet Aerospace Inc. (NYSE:HWM) Shares Sold by ORG Wealth Partners LLC

ORG Wealth Partners LLC lessened its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 37.9% during the 4th quarter, Holdings Channel reports. The firm owned 773 shares of the company’s stock after selling 471 shares during the quarter. ORG Wealth Partners LLC’s holdings in Howmet Aerospace were worth $85,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of HWM. RiverPark Advisors LLC purchased a new position in Howmet Aerospace in the 3rd quarter worth $26,000. Hollencrest Capital Management acquired a new stake in Howmet Aerospace during the 3rd quarter valued at approximately $30,000. Assetmark Inc. lifted its stake in Howmet Aerospace by 40.0% during the 3rd quarter. Assetmark Inc. now owns 441 shares of the company’s stock valued at $44,000 after acquiring an additional 126 shares during the period. ORG Partners LLC purchased a new stake in shares of Howmet Aerospace in the 4th quarter valued at $44,000. Finally, Planning Capital Management Corp acquired a new stake in shares of Howmet Aerospace in the third quarter worth $51,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Price Performance

Shares of Howmet Aerospace stock opened at $112.70 on Friday. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.24 and a quick ratio of 0.98. The business has a 50 day simple moving average of $113.52 and a two-hundred day simple moving average of $100.05. The stock has a market capitalization of $45.79 billion, a P/E ratio of 43.02, a PEG ratio of 1.56 and a beta of 1.49. Howmet Aerospace Inc. has a 12 month low of $53.18 and a 12 month high of $120.71.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Susquehanna boosted their price objective on Howmet Aerospace from $120.00 to $132.00 and gave the company a “positive” rating in a report on Thursday, November 7th. Bank of America boosted their price target on Howmet Aerospace from $100.00 to $135.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Barclays raised their price objective on shares of Howmet Aerospace from $100.00 to $130.00 and gave the stock an “overweight” rating in a research note on Monday, November 11th. Royal Bank of Canada boosted their target price on shares of Howmet Aerospace from $105.00 to $135.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Finally, Sanford C. Bernstein raised their price target on shares of Howmet Aerospace from $113.00 to $127.00 and gave the company an “outperform” rating in a research report on Monday, October 21st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $115.59.

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.