Oak Ridge Investments LLC Purchases Shares of 2,245 Howmet Aerospace Inc. $HWM

Oak Ridge Investments LLC bought a new stake in Howmet Aerospace Inc. (NYSE:HWM) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 2,245 shares of the company’s stock, valued at approximately $418,000.

Several other hedge funds have also made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Howmet Aerospace by 4.3% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,491 shares of the company’s stock valued at $278,000 after buying an additional 61 shares during the period. Venturi Wealth Management LLC lifted its stake in shares of Howmet Aerospace by 3.1% in the second quarter. Venturi Wealth Management LLC now owns 2,093 shares of the company’s stock valued at $390,000 after buying an additional 62 shares during the period. Rise Advisors LLC raised its position in Howmet Aerospace by 32.4% in the first quarter. Rise Advisors LLC now owns 270 shares of the company’s stock worth $35,000 after purchasing an additional 66 shares in the last quarter. Hemington Wealth Management raised its position in Howmet Aerospace by 25.9% in the second quarter. Hemington Wealth Management now owns 321 shares of the company’s stock worth $59,000 after purchasing an additional 66 shares in the last quarter. Finally, Pinpoint Asset Management Ltd raised its position in Howmet Aerospace by 42.8% in the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock worth $31,000 after purchasing an additional 71 shares in the last quarter. Institutional investors own 90.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Zacks Research lowered shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. Barclays reissued an “overweight” rating and issued a $190.00 price target (up previously from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. Bank of America increased their price target on shares of Howmet Aerospace from $185.00 to $215.00 and gave the stock a “buy” rating in a research report on Tuesday, August 5th. Susquehanna increased their price target on shares of Howmet Aerospace from $210.00 to $220.00 and gave the stock a “positive” rating in a research report on Thursday. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Howmet Aerospace in a research report on Wednesday, October 8th. Fourteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $176.21.

Howmet Aerospace Stock Performance

NYSE HWM opened at $183.97 on Monday. The firm has a market cap of $74.16 billion, a price-to-earnings ratio of 53.79, a PEG ratio of 2.39 and a beta of 1.45. The company has a 50 day moving average of $182.56 and a 200-day moving average of $168.13. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65. Howmet Aerospace Inc. has a 1-year low of $98.83 and a 1-year high of $198.48.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04. The business had revenue of $2.05 billion during 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 for the quarter was up 9.2% compared to the same quarter last year. During the same quarter last year, the business posted $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, equities analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.48 dividend on an annualized basis and a yield of 0.3%. Howmet Aerospace’s dividend payout ratio (DPR) is presently 14.04%.

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.