Csenge Advisory Group Sells 298 Shares of Howmet Aerospace Inc. $HWM

Csenge Advisory Group lessened its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 2.7% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,650 shares of the company’s stock after selling 298 shares during the quarter. Csenge Advisory Group’s holdings in Howmet Aerospace were worth $1,809,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. grew its position in Howmet Aerospace by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 47,813,262 shares of the company’s stock valued at $6,202,814,000 after acquiring an additional 695,953 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Howmet Aerospace by 21.1% in the first quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company’s stock worth $3,171,970,000 after purchasing an additional 4,252,401 shares during the last quarter. Invesco Ltd. grew its holdings in shares of Howmet Aerospace by 8.3% in the first quarter. Invesco Ltd. now owns 7,315,238 shares of the company’s stock worth $949,006,000 after purchasing an additional 563,109 shares during the last quarter. Northern Trust Corp grew its stake in Howmet Aerospace by 1.3% in the 1st quarter. Northern Trust Corp now owns 3,722,871 shares of the company’s stock worth $482,968,000 after acquiring an additional 45,963 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in Howmet Aerospace by 6.1% in the 1st quarter. Ameriprise Financial Inc. now owns 3,589,432 shares of the company’s stock worth $465,666,000 after acquiring an additional 206,397 shares in the last quarter. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Price Performance

Shares of HWM stock opened at $206.39 on Thursday. Howmet Aerospace Inc. has a 1-year low of $105.04 and a 1-year high of $211.95. The stock’s 50-day moving average is $190.49 and its 200 day moving average is $177.45. The company has a market cap of $83.20 billion, a P/E ratio of 60.35, a PEG ratio of 2.64 and a beta of 1.45. 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 (NYSE:HWM) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The company had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.04 billion. During the same quarter last year, the company earned $0.81 earnings per share. The firm’s revenue for the quarter was up 13.8% compared to the same quarter last year. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. Research analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The company also recently announced 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. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, November 7th. Howmet Aerospace’s dividend payout ratio (DPR) is 13.48%.

Analyst Ratings Changes

A number of brokerages have commented on HWM. Cowen restated a “buy” rating on shares of Howmet Aerospace in a research note on Friday, October 31st. Royal Bank Of Canada increased their price objective on Howmet Aerospace from $210.00 to $235.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. Vertical Research reissued a “buy” rating on shares of Howmet Aerospace in a research report on Thursday, July 31st. Susquehanna set a $235.00 price target on Howmet Aerospace and gave the stock a “positive” rating in a research report on Friday, October 31st. Finally, TD Cowen increased their price target on Howmet Aerospace from $210.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Fifteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Howmet Aerospace has an average rating of “Moderate Buy” and an average target price of $205.73.

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.