Atria Investments Inc Lowers Holdings in Howmet Aerospace Inc. $HWM

Atria Investments Inc lessened its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 22.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 22,236 shares of the company’s stock after selling 6,443 shares during the quarter. Atria Investments Inc’s holdings in Howmet Aerospace were worth $4,139,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Interchange Capital Partners LLC acquired a new position in shares of Howmet Aerospace during the 2nd quarter worth $39,000. REAP Financial Group LLC raised its stake in shares of Howmet Aerospace by 101.9% during the 2nd quarter. REAP Financial Group LLC now owns 212 shares of the company’s stock worth $39,000 after buying an additional 107 shares during the last quarter. AdvisorNet Financial Inc raised its stake in shares of Howmet Aerospace by 2,433.3% during the 2nd quarter. AdvisorNet Financial Inc now owns 228 shares of the company’s stock worth $42,000 after buying an additional 219 shares during the last quarter. Pinpoint Asset Management Ltd raised its stake in shares of Howmet Aerospace by 42.8% during the 1st quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock worth $31,000 after buying an additional 71 shares during the last quarter. Finally, Hemington Wealth Management raised its stake in shares of Howmet Aerospace by 46.6% during the 1st 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 Trading Up 2.3%

NYSE HWM opened at $206.47 on Friday. Howmet Aerospace Inc. has a 12 month low of $99.10 and a 12 month high of $211.95. The company has a 50-day moving average of $188.59 and a 200-day moving average of $175.72. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08. The company has a market cap of $83.23 billion, a P/E ratio of 60.37, a P/E/G ratio of 2.64 and a beta of 1.45.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The company had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same quarter in the prior year, the company posted $0.81 EPS. The company’s quarterly revenue was up 13.8% compared to the same quarter last year. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. As a group, equities analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The business 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 dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio is currently 13.48%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on HWM. Zacks Research downgraded Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. Morgan Stanley set a $225.00 price target on Howmet Aerospace and gave the stock an “overweight” rating in a research note on Friday. Barclays reissued an “overweight” rating and issued a $190.00 target price (up previously from $140.00) on shares of Howmet Aerospace in a research note on Monday, August 4th. JPMorgan Chase & Co. boosted their target price 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. Finally, TD Cowen boosted their target price on shares of Howmet Aerospace from $210.00 to $240.00 and gave the company a “buy” rating in a research note on Friday. Fifteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Howmet Aerospace has a consensus rating of “Moderate Buy” and a consensus target price of $194.57.

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.