SG Americas Securities LLC Sells 73,398 Shares of Howmet Aerospace Inc. $HWM

SG Americas Securities LLC decreased its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 27.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 189,520 shares of the company’s stock after selling 73,398 shares during the quarter. SG Americas Securities LLC’s holdings in Howmet Aerospace were worth $37,190,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of HWM. Brighton Jones LLC increased its stake in Howmet Aerospace by 5.4% during the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after purchasing an additional 130 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Howmet Aerospace by 58.3% during the first quarter. Goldman Sachs Group Inc. now owns 2,094,971 shares of the company’s stock valued at $271,781,000 after buying an additional 771,271 shares during the last quarter. MBB Public Markets I LLC bought a new stake in shares of Howmet Aerospace during the first quarter worth about $310,000. Advisory Alpha LLC raised its holdings in shares of Howmet Aerospace by 25.1% in the 1st quarter. Advisory Alpha LLC now owns 3,506 shares of the company’s stock worth $455,000 after acquiring an additional 704 shares during the last quarter. Finally, SageView Advisory Group LLC lifted its position in Howmet Aerospace by 14.9% in the 1st quarter. SageView Advisory Group LLC now owns 7,362 shares of the company’s stock valued at $955,000 after acquiring an additional 957 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors.

Howmet Aerospace Trading Down 1.8%

Shares of HWM stock opened at $210.89 on Thursday. The company has a 50 day moving average of $202.94 and a 200-day moving average of $190.97. The company has a quick ratio of 1.14, a current ratio of 2.35 and a debt-to-equity ratio of 0.63. Howmet Aerospace Inc. has a 12-month low of $105.04 and a 12-month high of $216.38. The firm has a market cap of $84.79 billion, a P/E ratio of 59.24, a PEG ratio of 2.05 and a beta of 1.29.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.91 by $0.04. Howmet Aerospace had a return on equity of 29.21% and a net margin of 18.18%.The business had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.04 billion. During the same quarter in the prior year, the business earned $0.81 earnings per share. Howmet Aerospace’s revenue for the quarter was up 13.8% on a year-over-year basis. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS and its Q4 2025 guidance at 0.940-0.960 EPS. Sell-side analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on HWM. JPMorgan Chase & Co. lifted their price target on Howmet Aerospace from $190.00 to $227.00 and gave the company an “overweight” rating in a research note on Monday, November 10th. Truist Financial lifted their target price on Howmet Aerospace from $202.00 to $217.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. BNP Paribas Exane assumed coverage on Howmet Aerospace in a report on Tuesday, November 18th. They set an “outperform” rating and a $240.00 price target for the company. Weiss Ratings restated a “buy (b)” rating on shares of Howmet Aerospace in a report on Wednesday, October 8th. Finally, Cowen reissued a “buy” rating on shares of Howmet Aerospace in a research report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Howmet Aerospace currently has an average rating of “Moderate Buy” and an average target price of $220.41.

Howmet Aerospace Company Profile

Howmet Aerospace Inc is an industrial technology company that designs, manufactures and repairs engineered metal products for the aerospace, transportation and industrial markets. Its product portfolio includes precision castings and forgings, engineered fasteners, seamless rolled rings, and complex components for turbine engines, airframes and industrial gas turbines. The company also provides aftermarket services such as component repair, overhaul and parts distribution to support the operating fleet of commercial and military customers.

Howmet serves a global customer base of original equipment manufacturers (OEMs) and aftermarket operators, with manufacturing, service and distribution facilities across North America, Europe and Asia.