Ethic Inc. Increases Stock Position in Howmet Aerospace Inc. $HWM

Ethic Inc. raised its holdings in Howmet Aerospace Inc. (NYSE:HWMFree Report) by 2.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 46,202 shares of the company’s stock after purchasing an additional 1,300 shares during the quarter. Ethic Inc.’s holdings in Howmet Aerospace were worth $8,543,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Harbour Investments Inc. boosted its holdings in Howmet Aerospace by 10.1% in the 1st quarter. Harbour Investments Inc. now owns 1,114 shares of the company’s stock valued at $145,000 after purchasing an additional 102 shares in the last quarter. PFG Advisors lifted its position in shares of Howmet Aerospace by 37.9% during the 1st quarter. PFG Advisors now owns 9,593 shares of the company’s stock valued at $1,245,000 after acquiring an additional 2,635 shares during the period. Private Trust Co. NA lifted its position in shares of Howmet Aerospace by 65.4% during the 1st quarter. Private Trust Co. NA now owns 673 shares of the company’s stock valued at $87,000 after acquiring an additional 266 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Howmet Aerospace during the 2nd quarter valued at approximately $40,949,000. Finally, Diversified Trust Co lifted its position in shares of Howmet Aerospace by 13.5% during the 2nd quarter. Diversified Trust Co now owns 22,297 shares of the company’s stock valued at $4,150,000 after acquiring an additional 2,645 shares during the period. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Trading Down 3.1%

Shares of Howmet Aerospace stock opened at $191.03 on Thursday. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08. Howmet Aerospace Inc. has a 1 year low of $98.83 and a 1 year high of $200.00. The company has a market capitalization of $77.01 billion, a P/E ratio of 55.86, a P/E/G ratio of 2.56 and a beta of 1.45. The business has a 50 day moving average price of $184.48 and a 200 day moving average price of $171.15.

Howmet Aerospace (NYSE:HWMGet Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The firm had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.99 billion. During the same period in the previous year, the firm posted $0.67 EPS. The company’s quarterly 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. Sell-side analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

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

Analyst Ratings Changes

A number of research firms have recently issued reports on HWM. Bank of America lifted their price target on shares of Howmet Aerospace from $185.00 to $215.00 and gave the company a “buy” rating in a research report on Tuesday, August 5th. Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a research report on Wednesday, October 8th. Barclays reiterated an “overweight” rating and set a $190.00 price target (up from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. BTIG Research set a $205.00 price target on shares of Howmet Aerospace and gave the company a “buy” rating in a research report on Monday, August 4th. Finally, Susquehanna lifted their price target 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. Thirteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $181.92.

Get Our Latest Stock Report on HWM

Howmet Aerospace Profile

(Free Report)

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.

Further Reading

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

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