Howmet Aerospace Inc. $HWM Shares Sold by Dorsey Wright & Associates

Dorsey Wright & Associates lessened its stake in Howmet Aerospace Inc. (NYSE:HWM) by 4.8% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,563 shares of the company’s stock after selling 978 shares during the period. Dorsey Wright & Associates’ holdings in Howmet Aerospace were worth $3,641,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in HWM. Traub Capital Management LLC acquired a new position in shares of Howmet Aerospace in the second quarter valued at approximately $25,000. Atlantic Union Bankshares Corp purchased a new position in Howmet Aerospace in the 2nd quarter valued at $32,000. Penserra Capital Management LLC increased its stake in Howmet Aerospace by 450.0% in the 2nd quarter. Penserra Capital Management LLC now owns 198 shares of the company’s stock valued at $36,000 after buying an additional 162 shares during the period. Interchange Capital Partners LLC acquired a new position in Howmet Aerospace in the 2nd quarter valued at $39,000. Finally, REAP Financial Group LLC raised its position in 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. 90.46% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

HWM has been the topic of several analyst reports. The Goldman Sachs Group lifted their target price on shares of Howmet Aerospace from $205.00 to $226.00 and gave the company a “buy” rating in a report on Monday, November 3rd. BNP Paribas Exane assumed coverage on Howmet Aerospace in a report on Tuesday. They issued an “outperform” rating and a $240.00 price objective on the stock. Morgan Stanley set a $225.00 target price on Howmet Aerospace and gave the stock an “overweight” rating in a research report on Friday, October 31st. Truist Financial raised their price target on Howmet Aerospace from $202.00 to $217.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a report on Wednesday, October 8th. Fifteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $216.93.

Howmet Aerospace Price Performance

HWM stock opened at $201.23 on Wednesday. The firm has a 50 day moving average of $195.57 and a 200-day moving average of $182.11. The company has a market cap of $80.91 billion, a price-to-earnings ratio of 58.84, a PEG ratio of 2.64 and a beta of 1.47. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65. Howmet Aerospace Inc. has a 12-month low of $105.04 and a 12-month high of $211.95.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.04. The firm had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.04 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.Howmet Aerospace’s quarterly revenue was up 13.8% on a year-over-year basis. During the same period last year, the business posted $0.81 EPS. 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 expect that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The company also recently declared 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. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, November 7th. Howmet Aerospace’s payout ratio is 13.48%.

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.