1,247 Shares in Howmet Aerospace Inc. $HWM Bought by Abel Hall LLC

Abel Hall LLC acquired a new position in Howmet Aerospace Inc. (NYSE:HWM) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 1,247 shares of the company’s stock, valued at approximately $232,000.

A number of other large investors have also recently bought and sold shares of HWM. JPMorgan Chase & Co. boosted its holdings 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 purchasing an additional 4,252,401 shares in the last quarter. Nuveen LLC bought a new stake in Howmet Aerospace in the first quarter worth $366,209,000. Westfield Capital Management Co. LP bought a new stake in Howmet Aerospace in the first quarter worth $147,251,000. Goldman Sachs Group Inc. boosted its holdings in Howmet Aerospace by 58.3% in the first quarter. Goldman Sachs Group Inc. now owns 2,094,971 shares of the company’s stock worth $271,781,000 after purchasing an additional 771,271 shares in the last quarter. Finally, Menora Mivtachim Holdings LTD. bought a new stake in Howmet Aerospace in the first quarter worth $93,529,000. 90.46% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Bank of America upped their price objective on shares of Howmet Aerospace from $185.00 to $215.00 and gave the stock a “buy” rating in a report on Tuesday, August 5th. Weiss Ratings restated a “buy (b)” rating on shares of Howmet Aerospace in a report on Wednesday. BTIG Research set a $205.00 price target on shares of Howmet Aerospace and gave the company a “buy” rating in a report on Monday, August 4th. Zacks Research cut shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th. Finally, Vertical Research restated a “buy” rating on shares of Howmet Aerospace in a report on Thursday, July 31st. Fourteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $175.50.

Howmet Aerospace Stock Performance

NYSE:HWM opened at $191.59 on Thursday. Howmet Aerospace Inc. has a 12-month low of $98.83 and a 12-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. The firm has a market capitalization of $77.24 billion, a PE ratio of 56.02, a price-to-earnings-growth ratio of 2.48 and a beta of 1.45. The firm has a 50-day moving average price of $182.40 and a 200 day moving average price of $166.97.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.04. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The firm had revenue of $2.05 billion during the quarter, compared to analyst estimates of $1.99 billion. During the same quarter in the prior year, the business posted $0.67 earnings per share. The company’s quarterly 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. Research analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. Howmet Aerospace’s dividend payout ratio (DPR) is presently 14.04%.

About Howmet Aerospace

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.