Inspire Advisors LLC Has $1.70 Million Stake in Howmet Aerospace Inc. $HWM

Inspire Advisors LLC raised its position in Howmet Aerospace Inc. (NYSE:HWMFree Report) by 57.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,672 shares of the company’s stock after buying an additional 3,153 shares during the period. Inspire Advisors LLC’s holdings in Howmet Aerospace were worth $1,702,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Brighton Jones LLC lifted its holdings in Howmet Aerospace by 5.4% during the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after buying an additional 130 shares in the last quarter. Acadian Asset Management LLC acquired a new position in shares of Howmet Aerospace in the first quarter valued at approximately $399,000. Sivia Capital Partners LLC bought a new stake in shares of Howmet Aerospace in the second quarter valued at about $216,000. Kingstone Capital Partners Texas LLC bought a new position in shares of Howmet Aerospace during the 2nd quarter worth approximately $6,167,000. Finally, Perpetual Ltd bought a new position in shares of Howmet Aerospace in the 2nd quarter valued at about $246,000. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Up 0.4%

Howmet Aerospace stock opened at $225.22 on Monday. Howmet Aerospace Inc. has a twelve month low of $105.04 and a twelve month high of $226.87. The company has a quick ratio of 1.14, a current ratio of 2.35 and a debt-to-equity ratio of 0.63. The firm has a 50 day moving average price of $204.92 and a 200-day moving average price of $193.08. The company has a market capitalization of $90.55 billion, a P/E ratio of 63.26, a P/E/G ratio of 2.13 and a beta of 1.29.

Howmet Aerospace (NYSE:HWMGet Free Report) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.95 earnings per share 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 analyst estimates of $2.04 billion. Howmet Aerospace had a return on equity of 29.21% and a net margin of 18.18%.The firm’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter last year, the firm posted $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. As a group, equities analysts predict that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Wall Street Analysts Forecast Growth

HWM has been the subject of several research analyst reports. Cowen reiterated a “buy” rating on shares of Howmet Aerospace in a research note on Friday, October 31st. Royal Bank Of Canada raised their price objective on Howmet Aerospace from $210.00 to $235.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. TD Cowen boosted their price target on Howmet Aerospace from $210.00 to $240.00 and gave the stock a “buy” rating in a report on Friday, October 31st. BNP Paribas raised shares of Howmet Aerospace to a “strong-buy” rating in a research note on Tuesday, November 18th. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $247.00 price objective on shares of Howmet Aerospace in a research report on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $224.53.

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Howmet Aerospace News Summary

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Howmet Aerospace Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Howmet Aerospace (NYSE:HWM)

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