Bleakley Financial Group LLC Increases Stock Position in Howmet Aerospace Inc. $HWM

Bleakley Financial Group LLC increased its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 3.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,570 shares of the company’s stock after purchasing an additional 696 shares during the quarter. Bleakley Financial Group LLC’s holdings in Howmet Aerospace were worth $3,456,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in HWM. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Howmet Aerospace by 4.3% in the 2nd 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 during the period. Venturi Wealth Management LLC lifted its position in Howmet Aerospace by 3.1% during the 2nd quarter. Venturi Wealth Management LLC now owns 2,093 shares of the company’s stock valued at $390,000 after acquiring an additional 62 shares during the period. Rise Advisors LLC boosted its position in shares of Howmet Aerospace by 32.4% in the 1st 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 increased its position in Howmet Aerospace by 25.9% during the 2nd quarter. Hemington Wealth Management now owns 321 shares of the company’s stock valued at $59,000 after buying an additional 66 shares in the last quarter. Finally, Pinpoint Asset Management Ltd raised its position in shares of Howmet Aerospace by 42.8% in the 1st quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock worth $31,000 after purchasing an additional 71 shares during the last quarter. Institutional investors own 90.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Barclays reaffirmed an “overweight” rating and issued a $190.00 target price (up from $140.00) on shares of Howmet Aerospace in a report on Monday, August 4th. JPMorgan Chase & Co. increased their price target on Howmet Aerospace from $150.00 to $190.00 and gave the company an “overweight” rating in a report on Monday, August 4th. Vertical Research reissued a “buy” rating on shares of Howmet Aerospace in a report on Thursday, July 31st. Susquehanna boosted their price objective on shares of Howmet Aerospace from $210.00 to $220.00 and gave the company a “positive” rating in a research report on Thursday, October 9th. Finally, Bank of America boosted their price target on Howmet Aerospace from $185.00 to $215.00 and gave the company a “buy” rating in a report on Tuesday, August 5th. Thirteen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $181.92.

Howmet Aerospace Trading Up 4.6%

Shares of HWM opened at $199.98 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 company has a 50 day simple moving average of $184.96 and a two-hundred day simple moving average of $171.73. Howmet Aerospace Inc. has a 1 year low of $98.83 and a 1 year high of $200.20. The firm has a market cap of $80.62 billion, a P/E ratio of 58.47, a price-to-earnings-growth ratio of 2.48 and a beta of 1.45.

Howmet Aerospace (NYSE:HWM) last posted its 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 company had revenue of $2.05 billion during 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%. Howmet Aerospace’s quarterly revenue was up 9.2% on a year-over-year basis. During the same period last 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, equities analysts expect that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

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. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is 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.