IFP Advisors Inc Decreases Stake in Howmet Aerospace Inc. $HWM

IFP Advisors Inc decreased its position in Howmet Aerospace Inc. (NYSE:HWM) by 19.8% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 3,546 shares of the company’s stock after selling 874 shares during the period. IFP Advisors Inc’s holdings in Howmet Aerospace were worth $712,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pinpoint Asset Management Ltd increased its stake in shares of Howmet Aerospace by 42.8% during the 1st quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock worth $31,000 after purchasing an additional 71 shares during the last quarter. Hemington Wealth Management increased its stake in shares of Howmet Aerospace by 46.6% during the 1st quarter. Hemington Wealth Management now owns 255 shares of the company’s stock worth $33,000 after purchasing an additional 81 shares during the last quarter. Rise Advisors LLC increased its stake in shares of Howmet Aerospace by 32.4% during the 1st quarter. Rise Advisors LLC now owns 270 shares of the company’s stock worth $35,000 after purchasing an additional 66 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its stake in shares of Howmet Aerospace by 100.7% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company’s stock worth $36,000 after purchasing an additional 140 shares during the last quarter. Finally, Wayfinding Financial LLC purchased a new stake in shares of Howmet Aerospace during the 1st quarter worth approximately $37,000. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Morgan Stanley raised their price target on shares of Howmet Aerospace from $170.00 to $210.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. BTIG Research set a $205.00 price target on shares of Howmet Aerospace and gave the stock a “buy” rating in a research note on Monday, August 4th. JPMorgan Chase & Co. raised their price target on shares of Howmet Aerospace from $150.00 to $190.00 and gave the stock an “overweight” rating in a research note on Monday, August 4th. Zacks Research downgraded shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th. Finally, Barclays reaffirmed an “overweight” rating and issued a $190.00 price objective (up from $140.00) on shares of Howmet Aerospace in a report on Monday, August 4th. Fourteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $176.21.

Howmet Aerospace Stock Up 3.2%

HWM opened at $190.04 on Tuesday. The company has a 50 day moving average of $182.75 and a 200 day moving average of $168.55. The company has a market cap of $76.61 billion, a PE ratio of 55.57, a price-to-earnings-growth ratio of 2.39 and a beta of 1.45. Howmet Aerospace Inc. has a 12 month low of $98.83 and a 12 month high of $198.48. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04. The firm had revenue of $2.05 billion during the quarter, compared to analyst estimates of $1.99 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The business’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.67 EPS. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. On average, sell-side analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Announces Dividend

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

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.