Empirical Financial Services LLC d.b.a. Empirical Wealth Management Boosts Stock Holdings in Howmet Aerospace Inc. $HWM

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 49.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,973 shares of the company’s stock after buying an additional 1,317 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Howmet Aerospace were worth $740,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Wall Street Zen raised shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Zacks Research downgraded Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a research note on Saturday, September 27th. BTIG Research set a $205.00 price objective on Howmet Aerospace and gave the company a “buy” rating in a research note on Monday, August 4th. Finally, JPMorgan Chase & Co. raised their price target on Howmet Aerospace from $150.00 to $190.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. Fourteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and an average target price of $175.50.

Howmet Aerospace Trading Down 0.9%

Shares of HWM opened at $189.41 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08. The firm has a 50 day simple moving average of $182.33 and a 200-day simple moving average of $165.97. The stock has a market cap of $76.36 billion, a price-to-earnings ratio of 55.38, a price-to-earnings-growth ratio of 2.45 and a beta of 1.45. Howmet Aerospace Inc. has a 1-year low of $98.83 and a 1-year high of $198.48.

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, topping the consensus estimate of $0.87 by $0.04. The company had revenue of $2.05 billion during the quarter, compared to the consensus estimate 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 was up 9.2% compared to the same quarter last year. During the same quarter last 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. Equities analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Investors of record on Friday, November 7th will be given a dividend of $0.12 per share. 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 (DPR) is currently 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.