Courier Capital LLC Invests $257,000 in Howmet Aerospace Inc. $HWM

Courier Capital LLC acquired a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) in the second quarter, HoldingsChannel.com reports. The firm acquired 1,383 shares of the company’s stock, valued at approximately $257,000.

A number of other large investors also recently modified their holdings of HWM. JPMorgan Chase & Co. boosted its stake 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 worth $3,171,970,000 after buying an additional 4,252,401 shares during the last quarter. Nuveen LLC acquired a new position in shares of Howmet Aerospace during the 1st quarter worth about $366,209,000. Westfield Capital Management Co. LP acquired a new position in shares of Howmet Aerospace during the 1st quarter worth about $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 purchasing an additional 771,271 shares during the last quarter. Finally, Menora Mivtachim Holdings LTD. acquired a new stake in Howmet Aerospace in the 1st quarter valued at about $93,529,000. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on HWM. Bank of America raised their target price on shares of Howmet Aerospace from $185.00 to $215.00 and gave the company a “buy” rating in a research note on Tuesday, August 5th. Truist Financial increased their price target on shares of Howmet Aerospace from $202.00 to $217.00 and gave the company a “buy” rating in a report on Wednesday. Royal Bank Of Canada reissued an “outperform” rating on shares of Howmet Aerospace in a report on Monday, June 30th. Zacks Research cut shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th. Finally, Vertical Research reissued a “buy” rating on shares of Howmet Aerospace in a report on Thursday, July 31st. Fourteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $178.00.

Howmet Aerospace Stock Down 0.4%

Shares of HWM opened at $192.23 on Thursday. Howmet Aerospace Inc. has a 12 month low of $98.83 and a 12 month high of $198.48. The firm’s 50 day moving average is $183.23 and its 200-day moving average is $168.88. The stock has a market capitalization of $77.49 billion, a PE ratio of 56.21, a P/E/G ratio of 2.50 and a beta of 1.45. 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 announced its earnings results on Thursday, July 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.87 by $0.04. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The company had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $1.99 billion. During the same period last year, the firm earned $0.67 earnings per share. The business’s revenue for the quarter was up 9.2% on a year-over-year basis. 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 forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is currently 14.04%.

About Howmet Aerospace

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.