Howmet Aerospace Inc. $HWM Shares Sold by Braun Stacey Associates Inc.

Braun Stacey Associates Inc. lessened its stake in Howmet Aerospace Inc. (NYSE:HWM) by 11.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 234,196 shares of the company’s stock after selling 28,992 shares during the period. Howmet Aerospace comprises about 1.5% of Braun Stacey Associates Inc.’s investment portfolio, making the stock its 10th largest position. Braun Stacey Associates Inc. owned approximately 0.06% of Howmet Aerospace worth $45,956,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Traub Capital Management LLC acquired a new stake in shares of Howmet Aerospace in the 2nd quarter valued at about $25,000. Winnow Wealth LLC bought a new stake in Howmet Aerospace in the second quarter valued at about $25,000. Newbridge Financial Services Group Inc. raised its stake in Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after buying an additional 73 shares in the last quarter. Atlantic Union Bankshares Corp bought a new position in Howmet Aerospace during the 2nd quarter worth approximately $32,000. Finally, Penserra Capital Management LLC grew its position in shares of Howmet Aerospace by 450.0% in the 2nd quarter. Penserra Capital Management LLC now owns 198 shares of the company’s stock worth $36,000 after acquiring an additional 162 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

HWM has been the topic of several research reports. BNP Paribas Exane assumed coverage on Howmet Aerospace in a research report on Tuesday, November 18th. They set an “outperform” rating and a $240.00 price target on the stock. Morgan Stanley set a $225.00 target price on shares of Howmet Aerospace and gave the stock an “overweight” rating in a report on Friday, October 31st. Citigroup started coverage on shares of Howmet Aerospace in a report on Thursday, December 11th. They issued a “buy” rating and a $246.00 price target for the company. TD Cowen increased their price objective on shares of Howmet Aerospace from $210.00 to $240.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Finally, Zacks Research downgraded Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $218.75.

Howmet Aerospace Price Performance

NYSE HWM opened at $204.89 on Friday. The company has a 50-day moving average price of $202.05 and a two-hundred day moving average price of $189.70. Howmet Aerospace Inc. has a 52 week low of $105.04 and a 52 week high of $212.52. The stock has a market cap of $82.38 billion, a price-to-earnings ratio of 57.55, a price-to-earnings-growth ratio of 2.35 and a beta of 1.29. The company has a current ratio of 2.35, a quick ratio of 1.14 and a debt-to-equity ratio of 0.63.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Howmet Aerospace had a return on equity of 29.21% and a net margin of 18.18%.The company had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.04 billion. During the same quarter in the previous year, the company posted $0.81 earnings per share. The business’s revenue for the quarter was up 13.8% compared to the same quarter last year. 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. Analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Company Profile

Howmet Aerospace Inc is an industrial technology company that designs, manufactures and repairs engineered metal products for the aerospace, transportation and industrial markets. Its product portfolio includes precision castings and forgings, engineered fasteners, seamless rolled rings, and complex components for turbine engines, airframes and industrial gas turbines. The company also provides aftermarket services such as component repair, overhaul and parts distribution to support the operating fleet of commercial and military customers.

Howmet serves a global customer base of original equipment manufacturers (OEMs) and aftermarket operators, with manufacturing, service and distribution facilities across North America, Europe and Asia.