Tema Etfs LLC Makes New Investment in Howmet Aerospace Inc. $HWM

Tema Etfs LLC acquired a new stake in Howmet Aerospace Inc. (NYSE:HWM) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 12,400 shares of the company’s stock, valued at approximately $2,433,000.

A number of other institutional investors have also recently made changes to their positions in HWM. Traub Capital Management LLC acquired a new position in shares of Howmet Aerospace in the second quarter worth $25,000. Winnow Wealth LLC acquired a new stake in shares of Howmet Aerospace in the second quarter valued at $25,000. Newbridge Financial Services Group Inc. boosted its holdings in Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after purchasing an additional 73 shares during the period. Tradewinds Capital Management LLC grew its stake in Howmet Aerospace by 52.0% during the 3rd quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock worth $30,000 after purchasing an additional 52 shares in the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new position in Howmet Aerospace during the 2nd quarter worth $32,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Analyst Ratings Changes

HWM has been the subject of several recent research reports. Bank of America lifted their price objective on Howmet Aerospace from $215.00 to $250.00 and gave the company a “buy” rating in a research note on Friday, November 14th. JPMorgan Chase & Co. lifted their price target on shares of Howmet Aerospace from $190.00 to $227.00 and gave the stock an “overweight” rating in a research note on Monday, November 10th. The Goldman Sachs Group boosted their price target on shares of Howmet Aerospace from $205.00 to $226.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. BNP Paribas raised shares of Howmet Aerospace to a “strong-buy” rating in a research report on Tuesday, November 18th. Finally, UBS Group raised their price objective on shares of Howmet Aerospace from $199.00 to $209.00 and gave the company a “neutral” rating in a report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Howmet Aerospace has a consensus rating of “Moderate Buy” and a consensus target price of $222.82.

Howmet Aerospace Price Performance

Shares of NYSE HWM opened at $220.00 on Tuesday. The stock has a market cap of $88.45 billion, a P/E ratio of 61.80, a P/E/G ratio of 2.08 and a beta of 1.29. Howmet Aerospace Inc. has a twelve month low of $105.04 and a twelve month high of $221.44. The stock has a 50 day moving average of $203.61 and a two-hundred day moving average of $191.92. The company has a current ratio of 2.35, a quick ratio of 1.14 and a debt-to-equity ratio of 0.63.

Howmet Aerospace (NYSE:HWM) last announced its earnings results 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 18.18% and a return on equity of 29.21%. The business had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.04 billion. During the same period in the prior year, the company earned $0.81 earnings per share. The business’s 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 and its Q4 2025 guidance at 0.940-0.960 EPS. On average, research analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Company Profile

Howmet Aerospace Inc is an industrial technology company that designs, manufactures and repairs engineered metal products for the aerospace, transportation and industrial markets. Its product portfolio includes precision castings and forgings, engineered fasteners, seamless rolled rings, and complex components for turbine engines, airframes and industrial gas turbines. The company also provides aftermarket services such as component repair, overhaul and parts distribution to support the operating fleet of commercial and military customers.

Howmet serves a global customer base of original equipment manufacturers (OEMs) and aftermarket operators, with manufacturing, service and distribution facilities across North America, Europe and Asia.