Brookstone Capital Management Invests $647,000 in Howmet Aerospace Inc. $HWM

Brookstone Capital Management bought a new position in Howmet Aerospace Inc. (NYSE:HWM) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,477 shares of the company’s stock, valued at approximately $647,000.

A number of other institutional investors have also recently modified their holdings of the stock. FNY Investment Advisers LLC purchased a new stake in shares of Howmet Aerospace in the second quarter worth $1,582,000. Cavalier Investments LLC grew its stake in shares of Howmet Aerospace by 104.2% in the second quarter. Cavalier Investments LLC now owns 276,281 shares of the company’s stock worth $51,424,000 after acquiring an additional 140,970 shares during the last quarter. Cullen Frost Bankers Inc. boosted its position in shares of Howmet Aerospace by 89.3% during the second quarter. Cullen Frost Bankers Inc. now owns 833 shares of the company’s stock valued at $155,000 after buying an additional 393 shares during the last quarter. Whittier Trust Co. boosted its position in shares of Howmet Aerospace by 11.1% during the second quarter. Whittier Trust Co. now owns 918 shares of the company’s stock valued at $171,000 after buying an additional 92 shares during the last quarter. Finally, Phoenix Financial Ltd. purchased a new stake in shares of Howmet Aerospace during the second quarter valued at $251,000. 90.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on HWM shares. Morgan Stanley increased their price objective on Howmet Aerospace from $170.00 to $210.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Wall Street Zen raised Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Bank of America increased their price objective on Howmet Aerospace from $185.00 to $215.00 and gave the company a “buy” rating in a research report on Tuesday, August 5th. Truist Financial raised their target price on Howmet Aerospace from $202.00 to $217.00 and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Finally, Susquehanna raised their target price on Howmet Aerospace from $210.00 to $220.00 and gave the stock a “positive” rating in a research report on Thursday, October 9th. Thirteen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $181.92.

Howmet Aerospace Stock Down 0.7%

NYSE HWM opened at $198.71 on Monday. The stock’s 50-day moving average price is $185.51 and its 200-day moving average price is $173.03. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65. Howmet Aerospace Inc. has a 52 week low of $98.83 and a 52 week high of $202.50. The company has a market capitalization of $80.11 billion, a P/E ratio of 58.10, a price-to-earnings-growth ratio of 2.57 and a beta of 1.45.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.04. The company had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The firm’s quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter last year, the company earned $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. On average, equities research analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Announces Dividend

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 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s payout ratio is currently 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.