1,476 Shares in Howmet Aerospace Inc. $HWM Bought by Purkiss Capital Advisors LLC

Purkiss Capital Advisors LLC acquired a new stake in Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, Holdings Channel reports. The fund acquired 1,476 shares of the company’s stock, valued at approximately $275,000.

Several other institutional investors have also recently bought and sold shares of HWM. Interchange Capital Partners LLC bought a new stake in shares of Howmet Aerospace during the 2nd quarter valued at approximately $39,000. REAP Financial Group LLC lifted its stake in Howmet Aerospace by 101.9% in the 2nd quarter. REAP Financial Group LLC now owns 212 shares of the company’s stock valued at $39,000 after purchasing an additional 107 shares during the last quarter. AdvisorNet Financial Inc boosted its position in Howmet Aerospace by 2,433.3% in 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 in the last quarter. Pinpoint Asset Management Ltd boosted 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 valued at $31,000 after buying an additional 71 shares in the last quarter. Finally, Hemington Wealth Management grew 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 worth $33,000 after buying an additional 81 shares during the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Price Performance

Howmet Aerospace stock opened at $201.90 on Tuesday. The stock’s 50 day moving average is $186.09 and its 200 day moving average is $173.54. Howmet Aerospace Inc. has a one year low of $98.83 and a one year high of $202.84. The firm has a market cap of $81.39 billion, a P/E ratio of 59.04, a P/E/G ratio of 2.57 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 released its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.04. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The firm had revenue of $2.05 billion during the quarter, compared to analyst estimates of $1.99 billion. During the same quarter last year, the business earned $0.67 EPS. The company’s revenue was up 9.2% compared to the same quarter last year. 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 year.

Howmet Aerospace Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, November 7th. Howmet Aerospace’s payout ratio is currently 14.04%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Morgan Stanley increased 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. Barclays reiterated an “overweight” rating and issued a $190.00 target price (up from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. Royal Bank Of Canada restated an “outperform” rating on shares of Howmet Aerospace in a report on Monday, June 30th. Vertical Research reiterated a “buy” rating on shares of Howmet Aerospace in a report on Thursday, July 31st. Finally, Bank of America lifted their target price 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. Thirteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $181.92.

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.