Paradigm Asset Management Co. LLC Has $112,000 Position in Howmet Aerospace Inc. $HWM

Paradigm Asset Management Co. LLC decreased its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 45.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 600 shares of the company’s stock after selling 500 shares during the period. Paradigm Asset Management Co. LLC’s holdings in Howmet Aerospace were worth $112,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in HWM. Harbour Investments Inc. boosted its position in Howmet Aerospace by 10.1% during the first quarter. Harbour Investments Inc. now owns 1,114 shares of the company’s stock valued at $145,000 after acquiring an additional 102 shares during the last quarter. PFG Advisors grew its stake in Howmet Aerospace by 37.9% during the first quarter. PFG Advisors now owns 9,593 shares of the company’s stock worth $1,245,000 after purchasing an additional 2,635 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Howmet Aerospace during the second quarter worth approximately $40,949,000. Assetmark Inc. increased its holdings in Howmet Aerospace by 1,288.0% in the second quarter. Assetmark Inc. now owns 8,883 shares of the company’s stock worth $1,653,000 after purchasing an additional 8,243 shares in the last quarter. Finally, Asahi Life Asset Management CO. LTD. acquired a new position in Howmet Aerospace in the second quarter valued at approximately $491,000. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Stock Up 0.5%

Shares of NYSE:HWM opened at $206.66 on Friday. The business’s 50 day moving average is $191.73 and its 200 day moving average is $178.63. Howmet Aerospace Inc. has a 12-month low of $105.04 and a 12-month high of $211.95. The stock has a market cap of $83.09 billion, a price-to-earnings ratio of 60.43, a PEG ratio of 2.64 and a beta of 1.47. The company has a quick ratio of 1.08, a current ratio of 2.31 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 forecast that Howmet Aerospace Inc. will post 3.27 earnings per share 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 given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Friday, November 7th. Howmet Aerospace’s dividend payout ratio is presently 13.48%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Truist Financial lifted their price objective on shares of Howmet Aerospace from $202.00 to $217.00 and gave the company a “buy” rating in a research note on Wednesday, October 15th. Susquehanna set a $235.00 price objective on shares of Howmet Aerospace and gave the company a “positive” rating in a report on Friday, October 31st. Wall Street Zen raised shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Morgan Stanley set a $225.00 target price on Howmet Aerospace and gave the company an “overweight” rating in a research report on Friday, October 31st. Finally, Industrial Alliance Securities set a $240.00 price target on Howmet Aerospace in a report on Monday, November 3rd. Fourteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $210.14.

Howmet Aerospace 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.