Bill Few Associates Inc. Invests $278,000 in Howmet Aerospace Inc. $HWM

Bill Few Associates Inc. purchased a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,494 shares of the company’s stock, valued at approximately $278,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Harbour Investments Inc. boosted its stake in Howmet Aerospace by 10.1% in the 1st quarter. Harbour Investments Inc. now owns 1,114 shares of the company’s stock worth $145,000 after purchasing an additional 102 shares during the period. PFG Advisors boosted its stake in Howmet Aerospace by 37.9% in the 1st quarter. PFG Advisors now owns 9,593 shares of the company’s stock worth $1,245,000 after purchasing an additional 2,635 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in Howmet Aerospace by 233.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 140,883 shares of the company’s stock worth $18,277,000 after purchasing an additional 98,642 shares during the period. Private Trust Co. NA boosted its stake in Howmet Aerospace by 65.4% in the 1st quarter. Private Trust Co. NA now owns 673 shares of the company’s stock worth $87,000 after purchasing an additional 266 shares during the period. Finally, Diversified Trust Co boosted its stake in Howmet Aerospace by 13.5% in the 2nd quarter. Diversified Trust Co now owns 22,297 shares of the company’s stock worth $4,150,000 after purchasing an additional 2,645 shares during the period. Institutional investors own 90.46% of the company’s stock.

Wall Street Analyst Weigh In

HWM has been the subject of several analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of Howmet Aerospace in a research note on Wednesday, October 8th. Royal Bank Of Canada restated an “outperform” rating on shares of Howmet Aerospace in a research note on Monday, June 30th. Bank of America raised their target price on Howmet Aerospace from $185.00 to $215.00 and gave the stock a “buy” rating in a research note on Tuesday, August 5th. JPMorgan Chase & Co. raised their target price on Howmet Aerospace from $150.00 to $190.00 and gave the stock an “overweight” rating in a research note on Monday, August 4th. Finally, Zacks Research downgraded Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. Fourteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Howmet Aerospace has a consensus rating of “Moderate Buy” and a consensus price target of $176.21.

Howmet Aerospace Stock Performance

Shares of HWM opened at $183.97 on Monday. The company has a market cap of $74.16 billion, a PE ratio of 53.79, a price-to-earnings-growth ratio of 2.39 and a beta of 1.45. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65. The stock has a 50-day moving average price of $182.56 and a 200-day moving average price of $168.13. Howmet Aerospace Inc. has a 12-month low of $98.83 and a 12-month high of $198.48.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04. The firm 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%.The company’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter last year, the company posted $0.67 EPS. 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, equities analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Investors 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 of this dividend is Friday, November 7th. Howmet Aerospace’s dividend payout ratio (DPR) is currently 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.