Mutual Advisors LLC Makes New Investment in Howmet Aerospace Inc. $HWM

Mutual Advisors LLC purchased a new position in shares of Howmet Aerospace Inc. (NYSE:HWMFree Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,969 shares of the company’s stock, valued at approximately $563,000.

A number of other large investors also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. lifted its stake in Howmet Aerospace by 4.3% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,491 shares of the company’s stock worth $278,000 after purchasing an additional 61 shares in the last quarter. Venturi Wealth Management LLC lifted its stake in Howmet Aerospace by 3.1% during the second quarter. Venturi Wealth Management LLC now owns 2,093 shares of the company’s stock worth $390,000 after purchasing an additional 62 shares in the last quarter. Rise Advisors LLC lifted its stake in Howmet Aerospace by 32.4% during the first quarter. Rise Advisors LLC now owns 270 shares of the company’s stock worth $35,000 after purchasing an additional 66 shares in the last quarter. Hemington Wealth Management lifted its stake in Howmet Aerospace by 25.9% during the second quarter. Hemington Wealth Management now owns 321 shares of the company’s stock worth $59,000 after purchasing an additional 66 shares in the last quarter. Finally, Pinpoint Asset Management Ltd lifted its stake in Howmet Aerospace by 42.8% during the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock worth $31,000 after purchasing an additional 71 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have commented on HWM. BTIG Research set a $205.00 price target on Howmet Aerospace and gave the stock a “buy” rating in a research note on Monday, August 4th. Vertical Research reaffirmed a “buy” rating on shares of Howmet Aerospace in a research report on Thursday, July 31st. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Howmet Aerospace in a research report on Monday, June 30th. JPMorgan Chase & Co. upped their price objective 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, Wall Street Zen raised Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Fourteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $178.00.

Check Out Our Latest Analysis on Howmet Aerospace

Howmet Aerospace Stock Performance

NYSE:HWM opened at $189.64 on Monday. The firm has a market capitalization of $76.45 billion, a PE ratio of 55.45, a price-to-earnings-growth ratio of 2.46 and a beta of 1.45. The business’s fifty day moving average price is $183.61 and its 200 day moving average price is $170.27. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08. Howmet Aerospace Inc. has a 12 month low of $98.83 and a 12 month high of $198.48.

Howmet Aerospace (NYSE:HWMGet Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.87 by $0.04. The firm had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.Howmet Aerospace’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.67 earnings per share. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. On average, sell-side analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

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

Howmet Aerospace Company Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding HWM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Howmet Aerospace Inc. (NYSE:HWMFree Report).

Institutional Ownership by Quarter for Howmet Aerospace (NYSE:HWM)

Receive News & Ratings for Howmet Aerospace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Howmet Aerospace and related companies with MarketBeat.com's FREE daily email newsletter.