Aspire Growth Partners LLC Sells 245 Shares of Howmet Aerospace Inc. $HWM

Aspire Growth Partners LLC lessened its stake in Howmet Aerospace Inc. (NYSE:HWM) by 18.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,109 shares of the company’s stock after selling 245 shares during the period. Aspire Growth Partners LLC’s holdings in Howmet Aerospace were worth $206,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in HWM. Traub Capital Management LLC acquired a new position in Howmet Aerospace in the 2nd quarter valued at approximately $25,000. Winnow Wealth LLC bought a new stake in shares of Howmet Aerospace during the second quarter valued at approximately $25,000. Pinpoint Asset Management Ltd raised its stake in shares of Howmet Aerospace by 42.8% in the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock valued at $31,000 after purchasing an additional 71 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of Howmet Aerospace in the second quarter valued at $32,000. Finally, Hemington Wealth Management lifted its position in Howmet Aerospace by 46.6% in the first quarter. Hemington Wealth Management now owns 255 shares of the company’s stock worth $33,000 after purchasing an additional 81 shares during the period. 90.46% of the stock is owned by institutional investors and hedge funds.

Howmet Aerospace Price Performance

Shares of Howmet Aerospace stock opened at $204.55 on Friday. The stock has a market capitalization of $82.24 billion, a price-to-earnings ratio of 59.81, a P/E/G ratio of 2.64 and a beta of 1.47. The firm’s 50-day moving average price is $197.90 and its two-hundred day moving average price is $184.27. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65. Howmet Aerospace Inc. has a 1-year low of $105.04 and a 1-year high of $211.95.

Howmet Aerospace (NYSE:HWM) last posted its earnings results on Thursday, October 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. The company had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.04 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. Howmet Aerospace’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.81 earnings per share. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. On average, equities analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, November 7th. Howmet Aerospace’s dividend payout ratio is presently 13.48%.

Analysts Set New Price Targets

Several brokerages have issued reports on HWM. Susquehanna set a $235.00 price target on shares of Howmet Aerospace and gave the company a “positive” rating in a report on Friday, October 31st. Royal Bank Of Canada lifted their target price on shares of Howmet Aerospace from $210.00 to $235.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. Bank of America upped their target price on shares of Howmet Aerospace from $215.00 to $250.00 and gave the company a “buy” rating in a research note on Friday, November 14th. Cowen reissued a “buy” rating on shares of Howmet Aerospace in a research report on Friday, October 31st. Finally, BTIG Research raised their price target on shares of Howmet Aerospace from $205.00 to $240.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $216.93.

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.