Crestwood Advisors Group LLC Makes New $266,000 Investment in Howmet Aerospace Inc. $HWM

Crestwood Advisors Group LLC purchased a new stake in Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 1,430 shares of the company’s stock, valued at approximately $266,000.

Several other large investors also recently modified their holdings of the stock. Interchange Capital Partners LLC acquired a new position in shares of Howmet Aerospace during the 2nd quarter valued at $39,000. REAP Financial Group LLC increased its stake in Howmet Aerospace by 101.9% in the second quarter. REAP Financial Group LLC now owns 212 shares of the company’s stock valued at $39,000 after purchasing an additional 107 shares in the last quarter. AdvisorNet Financial Inc increased its stake in Howmet Aerospace by 2,433.3% in the second quarter. AdvisorNet Financial Inc now owns 228 shares of the company’s stock valued at $42,000 after purchasing an additional 219 shares in the last quarter. Pinpoint Asset Management Ltd raised its holdings in shares of Howmet Aerospace by 42.8% during the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock valued at $31,000 after purchasing an additional 71 shares during the period. Finally, Hemington Wealth Management boosted its position in shares of Howmet Aerospace by 46.6% during the 1st quarter. Hemington Wealth Management now owns 255 shares of the company’s stock worth $33,000 after purchasing an additional 81 shares in the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Trading Up 0.5%

Shares of Howmet Aerospace stock opened at $206.66 on Friday. The company has a market capitalization of $83.09 billion, a P/E ratio of 60.43, a price-to-earnings-growth ratio of 2.64 and a beta of 1.47. The stock has a fifty day simple moving average of $191.73 and a 200 day simple moving average of $178.25. Howmet Aerospace Inc. has a 12-month low of $105.04 and a 12-month high of $211.95. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65.

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 the consensus estimate of $0.91 by $0.04. The business had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.04 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The business’s revenue was up 13.8% on a year-over-year basis. During the same period last year, the business earned $0.81 EPS. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 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 declared a quarterly dividend, which will be paid on Tuesday, November 25th. Investors of record on Friday, November 7th will be issued a dividend of $0.12 per share. The ex-dividend date is Friday, November 7th. This represents a $0.48 annualized dividend and a yield of 0.2%. Howmet Aerospace’s payout ratio is 13.48%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on HWM shares. Barclays reaffirmed an “overweight” rating and issued a $190.00 target price (up from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. Morgan Stanley set a $225.00 price objective on Howmet Aerospace and gave the company an “overweight” rating in a research note on Friday, October 31st. Truist Financial upped their target price on Howmet Aerospace from $202.00 to $217.00 and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Finally, Industrial Alliance Securities set a $240.00 price target on shares of Howmet Aerospace in a research report on Monday. Fourteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $210.14.

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.