Barrett & Company Inc. Lowers Stock Position in Howmet Aerospace Inc. $HWM

Barrett & Company Inc. reduced its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 1.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,735 shares of the company’s stock after selling 121 shares during the period. Howmet Aerospace comprises approximately 0.7% of Barrett & Company Inc.’s portfolio, making the stock its 29th biggest holding. Barrett & Company Inc.’s holdings in Howmet Aerospace were worth $1,812,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of HWM. Pinpoint Asset Management Ltd grew its position in Howmet Aerospace by 42.8% during the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock valued at $31,000 after acquiring an additional 71 shares during the last quarter. Hemington Wealth Management grew its position in Howmet Aerospace by 46.6% during the first quarter. Hemington Wealth Management now owns 255 shares of the company’s stock valued at $33,000 after acquiring an additional 81 shares during the last quarter. GPS Wealth Strategies Group LLC grew its position in Howmet Aerospace by 114.6% during the first quarter. GPS Wealth Strategies Group LLC now owns 264 shares of the company’s stock valued at $34,000 after acquiring an additional 141 shares during the last quarter. Rise Advisors LLC grew its position in Howmet Aerospace by 32.4% during the first quarter. Rise Advisors LLC now owns 270 shares of the company’s stock valued at $35,000 after acquiring an additional 66 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC grew its position in Howmet Aerospace by 100.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company’s stock valued at $36,000 after acquiring an additional 140 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have commented on HWM shares. Zacks Research cut shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. Truist Financial raised their target price on shares of Howmet Aerospace from $161.00 to $192.00 and gave the stock a “buy” rating in a report on Thursday, June 12th. Barclays restated an “overweight” rating and issued a $190.00 target price (up previously from $140.00) on shares of Howmet Aerospace in a report on Monday, August 4th. Weiss Ratings restated a “buy (b)” rating on shares of Howmet Aerospace in a report on Saturday, September 27th. Finally, BTIG Research set a $205.00 target price on shares of Howmet Aerospace and gave the stock a “buy” rating in a report on Monday, August 4th. Fourteen research 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.com, Howmet Aerospace has a consensus rating of “Moderate Buy” and an average price target of $175.50.

Howmet Aerospace Stock Performance

NYSE:HWM opened at $189.41 on Friday. The stock has a market cap of $76.36 billion, a P/E ratio of 55.38, a price-to-earnings-growth ratio of 2.47 and a beta of 1.45. The firm’s fifty day simple moving average is $182.33 and its 200 day simple moving average is $165.73. Howmet Aerospace Inc. has a twelve month low of $98.83 and a twelve month high of $198.48. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.04. The business had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $1.99 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The firm’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the business 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. As a group, research analysts predict that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Announces Dividend

The firm 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 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Friday, November 7th. Howmet Aerospace’s payout ratio is 14.04%.

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.