Sage Mountain Advisors LLC raised its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 21.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,466 shares of the company’s stock after buying an additional 438 shares during the quarter. Sage Mountain Advisors LLC’s holdings in Howmet Aerospace were worth $459,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently bought and sold shares of HWM. Thurston Springer Miller Herd & Titak Inc. lifted its stake in Howmet Aerospace by 4.3% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,491 shares of the company’s stock worth $278,000 after purchasing an additional 61 shares in the last quarter. Venturi Wealth Management LLC increased its stake in shares of Howmet Aerospace by 3.1% in the 2nd quarter. Venturi Wealth Management LLC now owns 2,093 shares of the company’s stock worth $390,000 after acquiring an additional 62 shares during the last quarter. Rise Advisors LLC boosted its position in shares of Howmet Aerospace by 32.4% during the 1st quarter. Rise Advisors LLC now owns 270 shares of the company’s stock valued at $35,000 after acquiring an additional 66 shares during the last quarter. Hemington Wealth Management grew its holdings in shares of Howmet Aerospace by 25.9% in the second quarter. Hemington Wealth Management now owns 321 shares of the company’s stock valued at $59,000 after purchasing an additional 66 shares during the period. Finally, Pinpoint Asset Management Ltd raised its stake in Howmet Aerospace by 42.8% during the first 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 period. 90.46% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on HWM shares. 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. Wall Street Zen upgraded shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Vertical Research reissued a “buy” rating on shares of Howmet Aerospace in a research note on Thursday, July 31st. Barclays reiterated an “overweight” rating and issued a $190.00 target price (up previously from $140.00) on shares of Howmet Aerospace in a report on Monday, August 4th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Howmet Aerospace in a research note on Monday, June 30th. Thirteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $181.92.
Howmet Aerospace Stock Down 0.7%
HWM stock opened at $198.71 on Friday. The company’s 50 day moving average price is $185.51 and its 200 day moving average price is $172.72. The firm has a market capitalization of $80.11 billion, a price-to-earnings ratio of 58.10, a PEG ratio of 2.57 and a beta of 1.45. Howmet Aerospace Inc. has a fifty-two week low of $98.83 and a fifty-two week high of $202.50. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31.
Howmet Aerospace (NYSE:HWM – Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04. The company had revenue of $2.05 billion for 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%. The company’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same period 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, equities research analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.
Howmet Aerospace Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders 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 presently 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.
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