Greenup Street Wealth Management LLC Trims Holdings in Howmet Aerospace Inc. $HWM

Greenup Street Wealth Management LLC decreased its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 1.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,894 shares of the company’s stock after selling 130 shares during the period. Greenup Street Wealth Management LLC’s holdings in Howmet Aerospace were worth $2,214,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Interchange Capital Partners LLC purchased a new stake in Howmet Aerospace in the second quarter worth $39,000. REAP Financial Group LLC increased its stake in shares of Howmet Aerospace by 101.9% during the second quarter. REAP Financial Group LLC now owns 212 shares of the company’s stock valued at $39,000 after buying an additional 107 shares during the period. AdvisorNet Financial Inc increased its stake in shares of Howmet Aerospace by 2,433.3% during the second quarter. AdvisorNet Financial Inc now owns 228 shares of the company’s stock valued at $42,000 after buying an additional 219 shares during the period. Pinpoint Asset Management Ltd increased its stake in shares of Howmet Aerospace by 42.8% during the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock valued at $31,000 after buying an additional 71 shares during the period. Finally, Hemington Wealth Management increased its stake in shares of Howmet Aerospace by 46.6% during the first quarter. Hemington Wealth Management now owns 255 shares of the company’s stock valued at $33,000 after buying an additional 81 shares during the period. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Price Performance

Shares of HWM stock opened at $192.59 on Tuesday. Howmet Aerospace Inc. has a 1-year low of $98.83 and a 1-year high of $198.48. The stock’s 50-day moving average is $183.87 and its 200 day moving average is $170.83. The company has a market cap of $77.64 billion, a P/E ratio of 56.31, a PEG ratio of 2.46 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 (NYSE:HWM) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.04. The business had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The company’s quarterly revenue was up 9.2% on a year-over-year basis. 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. Research analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The firm also recently declared 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. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, November 7th. Howmet Aerospace’s dividend payout ratio (DPR) is currently 14.04%.

Wall Street Analysts Forecast Growth

HWM has been the topic of several research reports. Morgan Stanley raised their price target on Howmet Aerospace from $170.00 to $210.00 and gave the company an “overweight” rating in a research note on Thursday, July 17th. Bank of America raised their price target on Howmet Aerospace from $185.00 to $215.00 and gave the company a “buy” rating in a research note on Tuesday, August 5th. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Royal Bank Of Canada restated an “outperform” rating on shares of Howmet Aerospace in a research note on Monday, June 30th. Finally, Zacks Research lowered Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. Thirteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Howmet Aerospace has an average rating of “Moderate Buy” and an average target price of $181.92.

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.