Quadrant Private Wealth Management LLC Purchases New Position in Howmet Aerospace Inc. $HWM

Quadrant Private Wealth Management LLC purchased a new stake in Howmet Aerospace Inc. (NYSE:HWM) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,450 shares of the company’s stock, valued at approximately $270,000.

Other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake 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 valued at $3,171,970,000 after acquiring an additional 4,252,401 shares during the last quarter. Nuveen LLC bought a new stake in Howmet Aerospace during the 1st quarter worth approximately $366,209,000. Westfield Capital Management Co. LP acquired a new stake in Howmet Aerospace during the 1st quarter valued at $147,251,000. Nordea Investment Management AB raised its position in Howmet Aerospace by 1,340.2% in the 2nd quarter. Nordea Investment Management AB now owns 880,155 shares of the company’s stock valued at $163,137,000 after purchasing an additional 819,040 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in Howmet Aerospace by 58.3% in the first quarter. Goldman Sachs Group Inc. now owns 2,094,971 shares of the company’s stock worth $271,781,000 after purchasing an additional 771,271 shares in the last quarter. 90.46% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on HWM. BTIG Research raised their target price on Howmet Aerospace from $205.00 to $240.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. JPMorgan Chase & Co. increased their price objective on shares of Howmet Aerospace from $150.00 to $190.00 and gave the stock an “overweight” rating in a report on Monday, August 4th. Susquehanna set a $235.00 target price on shares of Howmet Aerospace and gave the stock a “positive” rating in a research note on Friday, October 31st. Morgan Stanley set a $225.00 target price on shares of Howmet Aerospace and gave the stock an “overweight” rating in a research report on Friday, October 31st. Finally, Zacks Research lowered shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th. Fourteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $210.14.

Howmet Aerospace Stock Performance

Howmet Aerospace stock opened at $206.66 on Friday. The company has a market cap of $83.09 billion, a PE ratio of 60.43, a PEG ratio of 2.64 and a beta of 1.47. 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 Inc. has a 1 year low of $105.04 and a 1 year high of $211.95. The company’s 50-day moving average is $191.73 and its two-hundred day moving average is $178.63.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The business had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same period in the previous year, the firm posted $0.81 earnings per share. Howmet Aerospace’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. Equities analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, November 7th. Howmet Aerospace’s dividend payout ratio (DPR) is currently 13.48%.

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.