Howmet Aerospace Inc. $HWM Shares Bought by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. raised its stake in Howmet Aerospace Inc. (NYSE:HWM) by 89.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 833 shares of the company’s stock after acquiring an additional 393 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in Howmet Aerospace were worth $155,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Harbour Investments Inc. lifted its holdings in Howmet Aerospace by 10.1% in the first quarter. Harbour Investments Inc. now owns 1,114 shares of the company’s stock valued at $145,000 after acquiring an additional 102 shares during the period. PFG Advisors lifted its holdings in Howmet Aerospace by 37.9% in the first quarter. PFG Advisors now owns 9,593 shares of the company’s stock valued at $1,245,000 after acquiring an additional 2,635 shares during the period. Private Trust Co. NA lifted its holdings in Howmet Aerospace by 65.4% in the first quarter. Private Trust Co. NA now owns 673 shares of the company’s stock valued at $87,000 after acquiring an additional 266 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Howmet Aerospace in the second quarter valued at approximately $40,949,000. Finally, Diversified Trust Co lifted its holdings in Howmet Aerospace by 13.5% in the second quarter. Diversified Trust Co now owns 22,297 shares of the company’s stock valued at $4,150,000 after acquiring an additional 2,645 shares during the period. 90.46% of the stock is owned by institutional investors and hedge funds.

Howmet Aerospace Stock Down 0.7%

Shares of HWM opened at $198.71 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31. Howmet Aerospace Inc. has a one year low of $98.83 and a one year high of $202.50. The stock has a market capitalization of $80.11 billion, a price-to-earnings ratio of 58.10, a PEG ratio of 2.57 and a beta of 1.45. The stock has a 50 day moving average price of $185.51 and a 200 day moving average price of $172.72.

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

Howmet Aerospace Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, November 7th. Howmet Aerospace’s dividend payout ratio is presently 14.04%.

Analysts Set New Price Targets

A number of analysts have recently commented on HWM shares. Bank of America boosted 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. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. JPMorgan Chase & Co. boosted their price objective on Howmet Aerospace from $150.00 to $190.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. Barclays restated an “overweight” rating and issued a $190.00 price objective (up from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. Finally, Vertical Research restated a “buy” rating on shares of Howmet Aerospace in a research report on Thursday, July 31st. Thirteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Howmet Aerospace presently has an average rating of “Moderate Buy” and a consensus price target of $181.92.

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.