1858 Wealth Management LLC Has $282,000 Stock Holdings in Howmet Aerospace Inc. $HWM

1858 Wealth Management LLC cut its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 27.8% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,516 shares of the company’s stock after selling 583 shares during the quarter. 1858 Wealth Management LLC’s holdings in Howmet Aerospace were worth $282,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. grew its position in shares of Howmet Aerospace by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 47,813,262 shares of the company’s stock valued at $6,202,814,000 after purchasing an additional 695,953 shares during the period. JPMorgan Chase & Co. boosted its position in Howmet Aerospace by 21.1% during the 1st quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company’s stock worth $3,171,970,000 after acquiring an additional 4,252,401 shares during the last quarter. Invesco Ltd. boosted its position in Howmet Aerospace by 8.3% during the 1st quarter. Invesco Ltd. now owns 7,315,238 shares of the company’s stock worth $949,006,000 after acquiring an additional 563,109 shares during the last quarter. Northern Trust Corp boosted its position in Howmet Aerospace by 1.3% during the 1st quarter. Northern Trust Corp now owns 3,722,871 shares of the company’s stock worth $482,968,000 after acquiring an additional 45,963 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in Howmet Aerospace by 6.1% during the 1st quarter. Ameriprise Financial Inc. now owns 3,589,432 shares of the company’s stock worth $465,666,000 after acquiring an additional 206,397 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

HWM has been the subject of a number of recent research reports. Susquehanna upped their price target on Howmet Aerospace from $210.00 to $220.00 and gave the stock a “positive” rating in a research report on Thursday. Barclays reaffirmed an “overweight” rating and set a $190.00 price target (up previously from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. Wall Street Zen raised Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. JPMorgan Chase & Co. upped their price target on Howmet Aerospace from $150.00 to $190.00 and gave the stock an “overweight” rating in a research report on Monday, August 4th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a research report on Wednesday. Fourteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $176.21.

Howmet Aerospace Trading Down 2.6%

Shares of Howmet Aerospace stock opened at $183.97 on Friday. Howmet Aerospace Inc. has a 12-month low of $98.83 and a 12-month high of $198.48. The stock has a market cap of $74.16 billion, a P/E ratio of 53.79, a P/E/G ratio of 2.38 and a beta of 1.45. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65. The business’s 50 day moving average is $182.56 and its 200-day moving average is $167.88.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The company had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $1.99 billion. During the same quarter in the prior year, the business posted $0.67 EPS. The business’s revenue was up 9.2% compared to the same quarter last year. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. Equities research analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 25th. Investors of record on Friday, November 7th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Friday, November 7th. Howmet Aerospace’s dividend payout ratio is 14.04%.

Howmet Aerospace Company 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.