Financial Life Planners Has $378,000 Holdings in Howmet Aerospace Inc. $HWM

Financial Life Planners increased its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 83.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,030 shares of the company’s stock after purchasing an additional 923 shares during the quarter. Financial Life Planners’ holdings in Howmet Aerospace were worth $378,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Atlantic Union Bankshares Corp acquired a new stake in shares of Howmet Aerospace in the second quarter valued at about $32,000. Penserra Capital Management LLC increased its position in shares of Howmet Aerospace by 450.0% during the 2nd quarter. Penserra Capital Management LLC now owns 198 shares of the company’s stock worth $36,000 after purchasing an additional 162 shares during the last quarter. Interchange Capital Partners LLC acquired a new position in shares of Howmet Aerospace during the 2nd quarter worth approximately $39,000. REAP Financial Group LLC increased its position in shares of Howmet Aerospace by 101.9% during the 2nd quarter. REAP Financial Group LLC now owns 212 shares of the company’s stock worth $39,000 after purchasing an additional 107 shares during the last quarter. Finally, AdvisorNet Financial Inc boosted its holdings in shares of Howmet Aerospace by 2,433.3% in the 2nd quarter. AdvisorNet Financial Inc now owns 228 shares of the company’s stock valued at $42,000 after buying an additional 219 shares during the last quarter. 90.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on HWM. BTIG Research raised their target price on shares of Howmet Aerospace from $205.00 to $240.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Royal Bank Of Canada lifted their price objective on shares of Howmet Aerospace from $210.00 to $235.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. Truist Financial upped their target price on shares of Howmet Aerospace from $202.00 to $217.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. Vertical Research reaffirmed a “buy” rating on shares of Howmet Aerospace in a research report on Thursday, July 31st. Finally, Industrial Alliance Securities set a $240.00 target price on shares of Howmet Aerospace in a research note on Monday, November 3rd. Fourteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $215.29.

Howmet Aerospace Trading Up 0.8%

Shares of Howmet Aerospace stock opened at $203.00 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31. The stock has a market cap of $81.62 billion, a PE ratio of 59.36, a PEG ratio of 2.64 and a beta of 1.47. Howmet Aerospace Inc. has a 52-week low of $105.04 and a 52-week high of $211.95. The firm has a 50-day moving average of $194.70 and a 200-day moving average of $180.81.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Thursday, October 30th. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.91 by $0.04. The company had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.04 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The business’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same period last year, the firm earned $0.81 earnings per share. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. As a group, sell-side analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, November 7th. Howmet Aerospace’s dividend payout ratio is 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.