Western Financial Corp CA Has $1.40 Million Holdings in Howmet Aerospace Inc. $HWM

Western Financial Corp CA trimmed its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 6.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,499 shares of the company’s stock after selling 518 shares during the period. Western Financial Corp CA’s holdings in Howmet Aerospace were worth $1,396,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Harbour Investments Inc. lifted its position in shares of Howmet Aerospace by 10.1% during the 1st quarter. Harbour Investments Inc. now owns 1,114 shares of the company’s stock worth $145,000 after purchasing an additional 102 shares during the last quarter. PFG Advisors increased its position in Howmet Aerospace by 37.9% in the 1st quarter. PFG Advisors now owns 9,593 shares of the company’s stock worth $1,245,000 after buying an additional 2,635 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in shares of Howmet Aerospace by 233.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 140,883 shares of the company’s stock worth $18,277,000 after acquiring an additional 98,642 shares during the last quarter. Park Avenue Securities LLC grew its stake in shares of Howmet Aerospace by 126.1% in the first quarter. Park Avenue Securities LLC now owns 24,207 shares of the company’s stock worth $3,140,000 after acquiring an additional 13,500 shares during the last quarter. Finally, Private Trust Co. NA grew its stake in shares of Howmet Aerospace by 65.4% in the first quarter. Private Trust Co. NA now owns 673 shares of the company’s stock worth $87,000 after acquiring an additional 266 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Bank of America increased their price target on shares of Howmet Aerospace from $185.00 to $215.00 and gave the company a “buy” rating in a report on Tuesday, August 5th. Zacks Research raised shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 25th. Truist Financial upped their price objective on shares of Howmet Aerospace from $161.00 to $192.00 and gave the company a “buy” rating in a research report on Thursday, June 12th. JPMorgan Chase & Co. boosted their price target on Howmet Aerospace from $150.00 to $190.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. Finally, BTIG Research set a $205.00 price target on Howmet Aerospace and gave the company a “buy” rating in a research note on Monday, August 4th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $172.13.

Howmet Aerospace Price Performance

Howmet Aerospace stock opened at $193.55 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08. The business has a 50 day simple moving average of $181.73 and a 200 day simple moving average of $163.46. Howmet Aerospace Inc. has a one year low of $97.86 and a one year high of $194.89. The company has a market capitalization of $78.03 billion, a PE ratio of 56.59, a price-to-earnings-growth ratio of 2.46 and a beta of 1.45.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04. The company had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The business’s revenue was up 9.2% on a year-over-year basis. During the same period last year, the business earned $0.67 earnings per share. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. On average, sell-side analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 25th. Shareholders of record on Friday, August 8th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.10. The ex-dividend date was Friday, August 8th. Howmet Aerospace’s dividend payout ratio (DPR) is presently 14.04%.

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.