Telligent Fund LP Acquires Shares of 12,000 Howmet Aerospace Inc. $HWM

Telligent Fund LP acquired a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) in the second quarter, HoldingsChannel reports. The firm acquired 12,000 shares of the company’s stock, valued at approximately $2,234,000. Howmet Aerospace accounts for approximately 2.0% of Telligent Fund LP’s holdings, making the stock its 24th biggest holding.

A number of other hedge funds also recently made changes to their positions in HWM. Winnow Wealth LLC purchased a new position in Howmet Aerospace during the 2nd quarter valued at approximately $25,000. Westfield Capital Management Co. LP raised its holdings in shares of Howmet Aerospace by 68.8% during the 2nd quarter. Westfield Capital Management Co. LP now owns 1,915,955 shares of the company’s stock worth $356,617,000 after acquiring an additional 780,896 shares in the last quarter. Ensign Peak Advisors Inc boosted its position in shares of Howmet Aerospace by 5.4% during the 2nd quarter. Ensign Peak Advisors Inc now owns 247,622 shares of the company’s stock valued at $46,090,000 after acquiring an additional 12,681 shares during the last quarter. Empirical Finance LLC boosted its position in shares of Howmet Aerospace by 0.7% during the 2nd quarter. Empirical Finance LLC now owns 13,366 shares of the company’s stock valued at $2,488,000 after acquiring an additional 95 shares during the last quarter. Finally, Traub Capital Management LLC purchased a new position in shares of Howmet Aerospace in the second quarter valued at $25,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Howmet Aerospace Price Performance

Howmet Aerospace stock opened at $202.00 on Thursday. Howmet Aerospace Inc. has a 12-month low of $105.04 and a 12-month high of $211.95. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65. The firm has a 50-day moving average price of $195.93 and a 200-day moving average price of $182.25. The firm has a market capitalization of $81.21 billion, a PE ratio of 59.06, a price-to-earnings-growth ratio of 2.64 and a beta of 1.47.

Howmet Aerospace (NYSE:HWM) last issued 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 the consensus estimate 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% compared to the same quarter last year. During the same period in the prior year, the firm 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 research analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, November 7th. Howmet Aerospace’s dividend payout ratio is presently 13.48%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on HWM shares. TD Cowen upped their price target on shares of Howmet Aerospace from $210.00 to $240.00 and gave the company a “buy” rating in a research note on Friday, October 31st. BNP Paribas upgraded shares of Howmet Aerospace to a “strong-buy” rating in a report on Tuesday. Truist Financial increased their price target on shares of Howmet Aerospace from $202.00 to $217.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. The Goldman Sachs Group increased their price target 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. Finally, Bank of America boosted their price objective on Howmet Aerospace from $215.00 to $250.00 and gave the stock a “buy” rating in a research note on Friday, November 14th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $216.93.

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.