Oppenheimer Asset Management Inc. Trims Stock Holdings in Howmet Aerospace Inc. $HWM

Oppenheimer Asset Management Inc. trimmed its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 14.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,357 shares of the company’s stock after selling 10,658 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Howmet Aerospace were worth $11,420,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of HWM. Harbour Investments Inc. grew its position in shares of Howmet Aerospace by 10.1% during 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 grew 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 purchasing an additional 2,635 shares in the last quarter. Private Trust Co. NA grew 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 purchasing an additional 266 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Howmet Aerospace during the 2nd quarter valued at $40,949,000. Finally, Diversified Trust Co grew 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 purchasing an additional 2,645 shares in the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Howmet Aerospace Stock Down 0.7%

Shares of NYSE:HWM opened at $198.71 on Monday. Howmet Aerospace Inc. has a 52-week low of $98.83 and a 52-week high of $202.50. The firm has a fifty day moving average of $185.51 and a 200 day moving average of $173.03. The firm has a market capitalization of $80.11 billion, a PE ratio of 58.10, a price-to-earnings-growth ratio of 2.57 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.

Howmet Aerospace (NYSE:HWM) last announced its earnings results 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 net margin of 18.09% and a return on equity of 28.17%. The company had revenue of $2.05 billion during the quarter, compared to analyst estimates of $1.99 billion. During the same period in the previous year, the business earned $0.67 earnings per share. The firm’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. As a group, research analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

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

Analyst Ratings Changes

HWM has been the subject of a number of recent analyst reports. Bank of America boosted 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. Royal Bank Of Canada restated an “outperform” rating on shares of Howmet Aerospace in a research report on Monday, June 30th. Barclays restated 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. Susquehanna upped their target price on shares of Howmet Aerospace from $210.00 to $220.00 and gave the stock a “positive” rating in a research report on Thursday, October 9th. Finally, Vertical Research reiterated a “buy” rating on shares of Howmet Aerospace in a research report on Thursday, July 31st. Thirteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and an average target price of $181.92.

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.