Wealthspan Partners LLC Buys Shares of 1,195 Howmet Aerospace Inc. $HWM

Wealthspan Partners LLC bought a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 1,195 shares of the company’s stock, valued at approximately $222,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in Howmet Aerospace by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 47,813,262 shares of the company’s stock valued at $6,202,814,000 after buying an additional 695,953 shares during the last quarter. JPMorgan Chase & Co. raised its stake in 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 buying an additional 4,252,401 shares during the last quarter. Invesco Ltd. raised its stake in Howmet Aerospace by 8.3% during the 1st quarter. Invesco Ltd. now owns 7,315,238 shares of the company’s stock valued at $949,006,000 after buying an additional 563,109 shares during the last quarter. Northern Trust Corp raised its stake in Howmet Aerospace by 1.3% during the 1st quarter. Northern Trust Corp now owns 3,722,871 shares of the company’s stock valued at $482,968,000 after buying an additional 45,963 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in Howmet Aerospace by 6.1% during the 1st quarter. Ameriprise Financial Inc. now owns 3,589,432 shares of the company’s stock valued at $465,666,000 after buying an additional 206,397 shares during the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Howmet Aerospace Trading Down 0.4%

Shares of Howmet Aerospace stock opened at $192.23 on Thursday. The company has a market capitalization of $77.49 billion, a P/E ratio of 56.21, a P/E/G ratio of 2.50 and a beta of 1.45. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31. The company has a fifty day moving average of $183.23 and a 200 day moving average of $168.88. Howmet Aerospace Inc. has a fifty-two week low of $98.83 and a fifty-two week high of $198.48.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.04. The company had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.99 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. Howmet Aerospace’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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 anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The company 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 $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, November 7th. Howmet Aerospace’s payout ratio is 14.04%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. BTIG Research set a $205.00 target price on shares of Howmet Aerospace and gave the company a “buy” 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 research report on Friday, September 26th. Truist Financial boosted their price objective on shares of Howmet Aerospace from $202.00 to $217.00 and gave the company a “buy” rating in a research report on Wednesday. Morgan Stanley boosted their price objective on shares of Howmet Aerospace from $170.00 to $210.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Finally, Susquehanna boosted their price objective on shares of Howmet Aerospace from $210.00 to $220.00 and gave the company a “positive” rating in a research report on Thursday, October 9th. Fourteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, Howmet Aerospace has an average rating of “Moderate Buy” and an average price target of $178.00.

Howmet Aerospace Company 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.