Kesler Norman & Wride LLC Invests $250,000 in Howmet Aerospace Inc. $HWM

Kesler Norman & Wride LLC purchased a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 1,343 shares of the company’s stock, valued at approximately $250,000.

Other hedge funds have also made changes to their positions in the company. Pinpoint Asset Management Ltd lifted its position 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 worth $31,000 after purchasing an additional 71 shares in the last quarter. Hemington Wealth Management raised its holdings in Howmet Aerospace by 46.6% in the first quarter. Hemington Wealth Management now owns 255 shares of the company’s stock valued at $33,000 after acquiring an additional 81 shares in the last quarter. Rise Advisors LLC raised its holdings in Howmet Aerospace by 32.4% in the first quarter. Rise Advisors LLC now owns 270 shares of the company’s stock valued at $35,000 after acquiring an additional 66 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its holdings in Howmet Aerospace by 100.7% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company’s stock valued at $36,000 after acquiring an additional 140 shares in the last quarter. Finally, Wayfinding Financial LLC acquired a new stake in Howmet Aerospace in the first quarter valued at approximately $37,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Stock Performance

Shares of Howmet Aerospace stock opened at $206.47 on Friday. The firm has a market capitalization 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 Inc. has a 52 week low of $99.10 and a 52 week high of $211.95. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65. The firm’s 50 day moving average is $188.59 and its two-hundred day moving average is $175.72.

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

Howmet Aerospace Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be given a dividend of $0.12 per share. The ex-dividend date 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 (DPR) is 13.48%.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. BTIG Research set a $205.00 target price on shares of Howmet Aerospace and gave the company a “buy” rating in a report on Monday, August 4th. UBS Group raised their target price on shares of Howmet Aerospace from $199.00 to $209.00 and gave the company a “neutral” rating in a report on Friday. Royal Bank Of Canada raised their target price on shares of Howmet Aerospace from $210.00 to $235.00 and gave the company an “outperform” rating in a report on Friday. Cowen reaffirmed a “buy” rating on shares of Howmet Aerospace in a report on Friday. Finally, Wall Street Zen raised shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Fifteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $194.57.

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.