Clarendon Private LLC Purchases New Stake in Howmet Aerospace Inc. $HWM

Clarendon Private LLC purchased a new stake in Howmet Aerospace Inc. (NYSE:HWM) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,137 shares of the company’s stock, valued at approximately $398,000.

A number of other large investors have also added to or reduced their stakes in HWM. Harbour Investments Inc. increased its position in Howmet Aerospace by 10.1% during the 1st quarter. Harbour Investments Inc. now owns 1,114 shares of the company’s stock worth $145,000 after buying an additional 102 shares during the period. PFG Advisors increased its position in Howmet Aerospace by 37.9% during the 1st quarter. PFG Advisors now owns 9,593 shares of the company’s stock worth $1,245,000 after buying an additional 2,635 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in Howmet Aerospace by 233.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 140,883 shares of the company’s stock worth $18,277,000 after buying an additional 98,642 shares during the period. Private Trust Co. NA increased its position in Howmet Aerospace by 65.4% during the 1st quarter. Private Trust Co. NA now owns 673 shares of the company’s stock worth $87,000 after buying an additional 266 shares during the period. Finally, Diversified Trust Co increased its position in Howmet Aerospace by 13.5% during the 2nd quarter. Diversified Trust Co now owns 22,297 shares of the company’s stock worth $4,150,000 after buying an additional 2,645 shares during the period. Institutional investors own 90.46% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Royal Bank Of Canada reiterated an “outperform” rating on shares of Howmet Aerospace in a research report on Monday, June 30th. Zacks Research cut Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a research report on Wednesday. JPMorgan Chase & Co. increased their price objective on Howmet Aerospace from $150.00 to $190.00 and gave the stock an “overweight” rating in a research report on Monday, August 4th. Finally, Susquehanna increased their price objective on Howmet Aerospace from $210.00 to $220.00 and gave the stock a “positive” rating in a research report on Thursday. Fourteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Howmet Aerospace has an average rating of “Moderate Buy” and a consensus price target of $176.21.

Howmet Aerospace Stock Performance

HWM opened at $183.97 on Friday. The firm has a market cap of $74.16 billion, a P/E ratio of 53.79, a price-to-earnings-growth ratio of 2.38 and a beta of 1.45. Howmet Aerospace Inc. has a 52-week low of $98.83 and a 52-week high of $198.48. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31. The business’s fifty day moving average is $182.56 and its 200-day moving average is $167.88.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.04. The company had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.99 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 9.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.67 EPS. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. Sell-side analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Investors of record on Friday, November 7th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.48 annualized dividend and a yield of 0.3%. Howmet Aerospace’s dividend payout ratio (DPR) is 14.04%.

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.