Sagespring Wealth Partners LLC Increases Stock Position in Howmet Aerospace Inc. $HWM

Sagespring Wealth Partners LLC raised its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 19.7% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,141 shares of the company’s stock after buying an additional 847 shares during the period. Sagespring Wealth Partners LLC’s holdings in Howmet Aerospace were worth $957,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. raised its stake in Howmet Aerospace by 4.3% during 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 last quarter. Venturi Wealth Management LLC raised its position in shares of Howmet Aerospace by 3.1% in the 2nd quarter. Venturi Wealth Management LLC now owns 2,093 shares of the company’s stock worth $390,000 after purchasing an additional 62 shares during the last quarter. Rise Advisors LLC raised its position in shares of Howmet Aerospace by 32.4% in the 1st quarter. Rise Advisors LLC now owns 270 shares of the company’s stock worth $35,000 after purchasing an additional 66 shares during the last quarter. Hemington Wealth Management raised its position in shares of Howmet Aerospace by 25.9% in the 2nd quarter. Hemington Wealth Management now owns 321 shares of the company’s stock worth $59,000 after purchasing an additional 66 shares during the last quarter. Finally, Pinpoint Asset Management Ltd raised its position in shares of Howmet Aerospace by 42.8% in the 1st quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock worth $31,000 after purchasing an additional 71 shares during the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Howmet Aerospace Price Performance

NYSE HWM opened at $192.23 on Thursday. The business’s fifty day moving average price is $183.23 and its 200-day moving average price is $168.88. The stock has a market capitalization of $77.49 billion, a price-to-earnings ratio of 56.21, a PEG ratio of 2.50 and a beta of 1.45. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08. Howmet Aerospace Inc. has a 1-year low of $98.83 and a 1-year high of $198.48.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.04. The firm had revenue of $2.05 billion for 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 company’s revenue was up 9.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.67 EPS. 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 predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th will be issued 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 0.2%. Howmet Aerospace’s dividend payout ratio is currently 14.04%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on HWM shares. JPMorgan Chase & Co. lifted their target price on shares of Howmet Aerospace from $150.00 to $190.00 and gave the stock an “overweight” rating in a report on Monday, August 4th. Zacks Research cut shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th. Truist Financial boosted their price objective on shares of Howmet Aerospace from $202.00 to $217.00 and gave the stock a “buy” rating in a report on Wednesday. Vertical Research restated a “buy” rating on shares of Howmet Aerospace in a report on Thursday, July 31st. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Howmet Aerospace in a report on Monday, June 30th. Fourteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $178.00.

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.