Venturi Wealth Management LLC Purchases 62 Shares of Howmet Aerospace Inc. $HWM

Venturi Wealth Management LLC boosted its position in Howmet Aerospace Inc. (NYSE:HWM) by 3.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,093 shares of the company’s stock after acquiring an additional 62 shares during the quarter. Venturi Wealth Management LLC’s holdings in Howmet Aerospace were worth $390,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in HWM. Brighton Jones LLC increased its stake in Howmet Aerospace by 5.4% in the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after acquiring an additional 130 shares during the last quarter. Farther Finance Advisors LLC increased its stake in Howmet Aerospace by 40.3% in the first quarter. Farther Finance Advisors LLC now owns 6,599 shares of the company’s stock valued at $870,000 after acquiring an additional 1,895 shares during the last quarter. GAMMA Investing LLC increased its stake in Howmet Aerospace by 22.1% in the first quarter. GAMMA Investing LLC now owns 10,238 shares of the company’s stock valued at $1,328,000 after acquiring an additional 1,854 shares during the last quarter. Handelsbanken Fonder AB bought a new position in Howmet Aerospace in the first quarter valued at approximately $3,033,000. Finally, CX Institutional increased its stake in Howmet Aerospace by 9.2% in the first quarter. CX Institutional now owns 3,003 shares of the company’s stock valued at $390,000 after acquiring an additional 254 shares during the last quarter. 90.46% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on HWM. JPMorgan Chase & Co. lifted their price objective on shares of Howmet Aerospace from $150.00 to $190.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Howmet Aerospace in a research note on Monday, June 30th. Barclays reaffirmed an “overweight” rating and set a $190.00 target price (up previously from $140.00) on shares of Howmet Aerospace in a research note on Monday, August 4th. BTIG Research set a $205.00 target price on shares of Howmet Aerospace and gave the stock a “buy” rating in a research note on Monday, August 4th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a research note on Wednesday. Fourteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $176.21.

Howmet Aerospace Price Performance

Shares of NYSE:HWM opened at $183.97 on Friday. The firm has a market cap of $74.16 billion, a PE ratio of 53.79, a price-to-earnings-growth ratio of 2.44 and a beta of 1.45. The firm’s fifty day moving average is $182.56 and its 200-day moving average is $167.65. 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 Inc. has a 52 week low of $98.83 and a 52 week high of $198.48.

Howmet Aerospace (NYSE:HWM) last issued 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 company had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.99 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. Howmet Aerospace’s revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous 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. Sell-side analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Friday, November 7th. Howmet Aerospace’s payout ratio is 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.