Wealthspan Partners LLC Invests $222,000 in Howmet Aerospace Inc. $HWM

Wealthspan Partners LLC bought a new position in Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,195 shares of the company’s stock, valued at approximately $222,000.

Several other hedge funds have also recently made changes to their positions in the business. New York State Teachers Retirement System raised its position in shares of Howmet Aerospace by 4.5% during the 2nd quarter. New York State Teachers Retirement System now owns 329,702 shares of the company’s stock valued at $61,367,000 after buying an additional 14,117 shares in the last quarter. Interchange Capital Partners LLC purchased a new stake in shares of Howmet Aerospace during the 2nd quarter valued at about $39,000. Mutual Advisors LLC purchased a new stake in shares of Howmet Aerospace during the 2nd quarter valued at about $563,000. Ritholtz Wealth Management purchased a new stake in shares of Howmet Aerospace during the 2nd quarter valued at about $340,000. Finally, Harbour Investments Inc. raised its position in shares of Howmet Aerospace by 63.3% during the 2nd quarter. Harbour Investments Inc. now owns 1,819 shares of the company’s stock valued at $339,000 after buying an additional 705 shares in the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently issued reports on HWM shares. Bank of America upped their target price on shares of Howmet Aerospace from $185.00 to $215.00 and gave the company a “buy” rating in a research report on Tuesday, August 5th. JPMorgan Chase & Co. upped their target price on shares of Howmet Aerospace from $150.00 to $190.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. Wall Street Zen raised shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Vertical Research reissued a “buy” rating on shares of Howmet Aerospace in a research report on Thursday, July 31st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Howmet Aerospace in a research report on Wednesday, October 8th. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and an average price target of $178.00.

Howmet Aerospace Stock Performance

Howmet Aerospace stock opened at $192.23 on Thursday. The firm has a market capitalization of $77.49 billion, a P/E ratio of 56.21, a price-to-earnings-growth ratio of 2.50 and a beta of 1.45. The company’s 50-day moving average is $183.23 and its 200 day moving average is $168.88. Howmet Aerospace Inc. has a 1-year low of $98.83 and a 1-year high of $198.48. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, July 31st. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04. The business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.99 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The company’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same period last year, the company posted $0.67 earnings per share. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. Research analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Dividend Announcement

The business 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 of this dividend 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 14.04%.

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.