Clarendon Private LLC Takes Position in Howmet Aerospace Inc. $HWM

Clarendon Private LLC acquired a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 2,137 shares of the company’s stock, valued at approximately $398,000.

Several other institutional investors have also modified their holdings of HWM. JPMorgan Chase & Co. lifted its holdings in shares of Howmet Aerospace by 21.1% during the 1st quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company’s stock valued at $3,171,970,000 after purchasing an additional 4,252,401 shares in the last quarter. Nuveen LLC bought a new stake in Howmet Aerospace in the 1st quarter valued at approximately $366,209,000. Westfield Capital Management Co. LP bought a new stake in Howmet Aerospace in the 1st quarter valued at approximately $147,251,000. Goldman Sachs Group Inc. lifted its stake in Howmet Aerospace by 58.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,094,971 shares of the company’s stock valued at $271,781,000 after acquiring an additional 771,271 shares in the last quarter. Finally, Menora Mivtachim Holdings LTD. bought a new stake in Howmet Aerospace in the 1st quarter valued at approximately $93,529,000. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Trading Down 2.6%

Shares of Howmet Aerospace stock opened at $183.97 on Friday. Howmet Aerospace Inc. has a 12-month low of $98.83 and a 12-month high of $198.48. The stock has a market cap of $74.16 billion, a P/E ratio of 53.79, a P/E/G ratio of 2.38 and a beta of 1.45. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65. The business’s 50 day moving average is $182.56 and its 200-day moving average is $167.88.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The company had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $1.99 billion. During the same quarter in the prior year, the business posted $0.67 EPS. The business’s revenue was up 9.2% compared to the same quarter last year. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. Equities research analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 25th. Investors of record on Friday, November 7th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Friday, November 7th. Howmet Aerospace’s dividend payout ratio is 14.04%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on HWM shares. Morgan Stanley boosted their target price on Howmet Aerospace from $170.00 to $210.00 and gave the company an “overweight” rating in a research note on Thursday, July 17th. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. BTIG Research set a $205.00 target price on Howmet Aerospace and gave the company a “buy” rating in a research note on Monday, August 4th. Susquehanna boosted their target price on Howmet Aerospace from $210.00 to $220.00 and gave the company a “positive” rating in a research note on Thursday. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Howmet Aerospace in a research note on Monday, June 30th. Fourteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $176.21.

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.