Blair William & Co. IL grew its position in Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 0.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 77,454 shares of the company’s stock after purchasing an additional 349 shares during the quarter. Blair William & Co. IL’s holdings in Howmet Aerospace were worth $14,416,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of HWM. REAP Financial Group LLC lifted its position in Howmet Aerospace by 101.9% during the 2nd quarter. REAP Financial Group LLC now owns 212 shares of the company’s stock worth $39,000 after acquiring an additional 107 shares during the last quarter. AdvisorNet Financial Inc lifted its position in shares of Howmet Aerospace by 2,433.3% during the 2nd quarter. AdvisorNet Financial Inc now owns 228 shares of the company’s stock worth $42,000 after purchasing an additional 219 shares during the last quarter. Pinpoint Asset Management Ltd boosted its stake in Howmet Aerospace by 42.8% during the 1st quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock valued at $31,000 after purchasing an additional 71 shares during the period. Hemington Wealth Management boosted its stake in Howmet Aerospace by 46.6% during the 1st quarter. Hemington Wealth Management now owns 255 shares of the company’s stock valued at $33,000 after purchasing an additional 81 shares during the period. Finally, GPS Wealth Strategies Group LLC grew its holdings in Howmet Aerospace by 114.6% in the 1st quarter. GPS Wealth Strategies Group LLC now owns 264 shares of the company’s stock valued at $34,000 after buying an additional 141 shares during the last quarter. 90.46% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of brokerages have recently commented on HWM. Bank of America upped their price target on Howmet Aerospace from $185.00 to $215.00 and gave the stock a “buy” rating in a report on Tuesday, August 5th. Barclays reissued an “overweight” rating and issued a $190.00 price target (up from $140.00) on shares of Howmet Aerospace in a report on Monday, August 4th. Susquehanna boosted their price objective on shares of Howmet Aerospace from $210.00 to $220.00 and gave the stock a “positive” rating in a report on Thursday. Vertical Research reiterated a “buy” rating on shares of Howmet Aerospace in a research note on Thursday, July 31st. Finally, BTIG Research set a $205.00 target price on Howmet Aerospace and gave the stock a “buy” rating in a research report on Monday, August 4th. Fourteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $176.21.
Howmet Aerospace Price Performance
Shares of Howmet Aerospace stock opened at $183.97 on Friday. The firm has a market cap of $74.16 billion, a P/E ratio of 53.79, a price-to-earnings-growth ratio of 2.44 and a beta of 1.45. The firm’s 50-day simple moving average is $182.56 and its 200-day simple moving average is $167.65. Howmet Aerospace Inc. has a twelve month low of $98.83 and a twelve month high of $198.48. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31.
Howmet Aerospace (NYSE:HWM – Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04. The firm had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $1.99 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The company’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same quarter last year, the company 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. As a group, research analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.
Howmet Aerospace Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Friday, November 7th. Howmet Aerospace’s dividend payout ratio is 14.04%.
Howmet Aerospace 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.
Read More
- Five stocks we like better than Howmet Aerospace
- How to Use Stock Screeners to Find Stocks
- 3 Heavily Shorted Stocks That Could Pop on Rate Cuts
- What is a Bond Market Holiday? How to Invest and Trade
- Broadcom Gets Second $420 Target as CPO Win Boosts Outlook
- What Makes a Stock a Good Dividend Stock?
- PepsiCo’s Deep Discount Will Soon Evaporate: Buy It While You Can
Want to see what other hedge funds are holding HWM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Howmet Aerospace Inc. (NYSE:HWM – Free Report).
Receive News & Ratings for Howmet Aerospace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Howmet Aerospace and related companies with MarketBeat.com's FREE daily email newsletter.