Howmet Aerospace Inc. $HWM Shares Purchased by Advisory Services Network LLC

Advisory Services Network LLC boosted its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 51.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,221 shares of the company’s stock after buying an additional 9,191 shares during the quarter. Advisory Services Network LLC’s holdings in Howmet Aerospace were worth $4,894,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HWM. Shell Asset Management Co. grew its holdings in shares of Howmet Aerospace by 135.6% during the second quarter. Shell Asset Management Co. now owns 12,420 shares of the company’s stock worth $2,312,000 after buying an additional 7,148 shares during the last quarter. Forsta AP Fonden lifted its position in Howmet Aerospace by 27.7% during the 2nd quarter. Forsta AP Fonden now owns 174,900 shares of the company’s stock worth $32,554,000 after acquiring an additional 37,900 shares during the period. Vanguard Group Inc. grew its stake in shares of Howmet Aerospace by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 48,475,394 shares of the company’s stock valued at $9,022,725,000 after purchasing an additional 662,132 shares during the last quarter. Westfield Capital Management Co. LP increased its holdings in shares of Howmet Aerospace by 68.8% in the second quarter. Westfield Capital Management Co. LP now owns 1,915,955 shares of the company’s stock valued at $356,617,000 after purchasing an additional 780,896 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Howmet Aerospace in the second quarter valued at approximately $40,949,000. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Trading Down 0.5%

Shares of HWM opened at $197.28 on Tuesday. Howmet Aerospace Inc. has a twelve month low of $105.04 and a twelve month high of $211.95. The company has a current ratio of 2.35, a quick ratio of 1.14 and a debt-to-equity ratio of 0.63. The firm has a market capitalization of $79.32 billion, a P/E ratio of 55.42, a PEG ratio of 2.27 and a beta of 1.32. The firm’s 50-day moving average is $198.54 and its two-hundred day moving average is $186.92.

Howmet Aerospace (NYSE:HWM) last posted its quarterly 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 the consensus estimate of $2.04 billion. Howmet Aerospace had a net margin of 18.18% and a return on equity of 29.21%. The company’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same period last year, the firm earned $0.81 EPS. 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. On average, research analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th were given a $0.12 dividend. The ex-dividend date was Friday, November 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is currently 13.48%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on HWM. Truist Financial increased their price target on Howmet Aerospace from $202.00 to $217.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. Bank of America upped their price objective on shares of Howmet Aerospace from $215.00 to $250.00 and gave the stock a “buy” rating in a research report on Friday, November 14th. BNP Paribas raised shares of Howmet Aerospace to a “strong-buy” rating in a report on Tuesday, November 18th. BTIG Research boosted 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. Finally, Cowen reissued a “buy” rating on shares of Howmet Aerospace in a report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $218.75.

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.