Howmet Aerospace Inc. $HWM Position Trimmed by 1832 Asset Management L.P.

1832 Asset Management L.P. decreased its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 3.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 746,391 shares of the company’s stock after selling 22,773 shares during the quarter. 1832 Asset Management L.P. owned 0.19% of Howmet Aerospace worth $138,926,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Howmet Aerospace during the 2nd quarter worth $56,000. Groupe la Francaise lifted its holdings in shares of Howmet Aerospace by 6.2% during the second quarter. Groupe la Francaise now owns 86,643 shares of the company’s stock valued at $16,101,000 after purchasing an additional 5,073 shares during the last quarter. Pinkerton Wealth LLC acquired a new position in shares of Howmet Aerospace in the 2nd quarter valued at $3,069,000. Beacon Pointe Advisors LLC acquired a new position in shares of Howmet Aerospace in the 2nd quarter valued at $241,000. Finally, Fisher Asset Management LLC increased its stake in Howmet Aerospace by 399.2% in the 2nd quarter. Fisher Asset Management LLC now owns 7,817 shares of the company’s stock worth $1,455,000 after purchasing an additional 6,251 shares in the last quarter. Institutional investors own 90.46% of the company’s stock.

Analyst Ratings Changes

HWM has been the subject of a number of analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a research note on Wednesday, October 8th. Industrial Alliance Securities set a $240.00 price target on shares of Howmet Aerospace in a report on Monday, November 3rd. Morgan Stanley set a $225.00 price target on shares of Howmet Aerospace and gave the company an “overweight” rating in a research report on Friday, October 31st. UBS Group raised their price objective on shares of Howmet Aerospace from $199.00 to $209.00 and gave the stock a “neutral” rating in a research note on Friday, October 31st. Finally, BTIG Research lifted their price objective on shares of Howmet Aerospace from $205.00 to $240.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. One 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 stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $216.93.

Howmet Aerospace Price Performance

Shares of HWM opened at $196.16 on Wednesday. The firm has a market cap of $78.87 billion, a PE ratio of 57.36, a PEG ratio of 2.64 and a beta of 1.47. The firm’s 50 day moving average price is $198.09 and its 200 day moving average price is $185.13. 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 twelve month low of $105.04 and a twelve month high of $211.95.

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

Howmet Aerospace Dividend Announcement

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

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.