Parallel Advisors LLC Acquires 342 Shares of Howmet Aerospace Inc. $HWM

Parallel Advisors LLC boosted its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 12.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,083 shares of the company’s stock after buying an additional 342 shares during the quarter. Parallel Advisors LLC’s holdings in Howmet Aerospace were worth $574,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Harbour Investments Inc. lifted its holdings in Howmet Aerospace by 10.1% during the first quarter. Harbour Investments Inc. now owns 1,114 shares of the company’s stock valued at $145,000 after purchasing an additional 102 shares in the last quarter. PFG Advisors lifted its holdings in Howmet Aerospace by 37.9% during the first quarter. PFG Advisors now owns 9,593 shares of the company’s stock valued at $1,245,000 after purchasing an additional 2,635 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Howmet Aerospace by 233.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 140,883 shares of the company’s stock valued at $18,277,000 after purchasing an additional 98,642 shares in the last quarter. Park Avenue Securities LLC lifted its holdings in Howmet Aerospace by 126.1% during the first quarter. Park Avenue Securities LLC now owns 24,207 shares of the company’s stock valued at $3,140,000 after purchasing an additional 13,500 shares in the last quarter. Finally, Private Trust Co. NA lifted its holdings in Howmet Aerospace by 65.4% during the first quarter. Private Trust Co. NA now owns 673 shares of the company’s stock valued at $87,000 after purchasing an additional 266 shares in the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Trading Down 0.8%

HWM stock opened at $190.38 on Friday. 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 twelve month low of $96.52 and a twelve month high of $193.26. The stock has a market capitalization of $76.75 billion, a price-to-earnings ratio of 55.67, a price-to-earnings-growth ratio of 2.48 and a beta of 1.45. The firm’s fifty day simple moving average is $181.21 and its two-hundred day simple moving average is $161.17.

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

Howmet Aerospace Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 25th. Shareholders of record on Friday, August 8th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.3%. The ex-dividend date was Friday, August 8th. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.10. Howmet Aerospace’s dividend payout ratio (DPR) is currently 14.04%.

Analysts Set New Price Targets

HWM has been the topic of several analyst reports. Bank of America lifted their price target on shares of Howmet Aerospace from $185.00 to $215.00 and gave the company a “buy” rating in a report on Tuesday, August 5th. Royal Bank Of Canada reissued an “outperform” rating on shares of Howmet Aerospace in a report on Monday, June 30th. JPMorgan Chase & Co. boosted their target price on shares of Howmet Aerospace from $150.00 to $190.00 and gave the stock an “overweight” rating in a report on Monday, August 4th. Truist Financial boosted their target price on shares of Howmet Aerospace from $161.00 to $192.00 and gave the stock a “buy” rating in a report on Thursday, June 12th. Finally, Wall Street Zen raised shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $172.13.

Howmet Aerospace Company 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.