Wealthfront Advisers LLC Has $16.59 Million Stock Holdings in Howmet Aerospace Inc. $HWM

Wealthfront Advisers LLC cut its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 0.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 89,148 shares of the company’s stock after selling 302 shares during the quarter. Wealthfront Advisers LLC’s holdings in Howmet Aerospace were worth $16,593,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in shares of Howmet Aerospace by 1.5% in the first quarter. Vanguard Group Inc. now owns 47,813,262 shares of the company’s stock valued at $6,202,814,000 after purchasing an additional 695,953 shares during the period. JPMorgan Chase & Co. raised its position in shares of Howmet Aerospace by 21.1% in the first quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company’s stock valued at $3,171,970,000 after purchasing an additional 4,252,401 shares during the period. Invesco Ltd. increased its position in Howmet Aerospace by 8.3% during the first quarter. Invesco Ltd. now owns 7,315,238 shares of the company’s stock worth $949,006,000 after acquiring an additional 563,109 shares during the period. Northern Trust Corp increased its position in Howmet Aerospace by 1.3% during the first quarter. Northern Trust Corp now owns 3,722,871 shares of the company’s stock worth $482,968,000 after acquiring an additional 45,963 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in Howmet Aerospace by 6.1% during 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 during the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. BTIG Research set a $205.00 target price on shares of Howmet Aerospace and gave the company a “buy” rating in a research note on Monday, August 4th. Barclays reiterated an “overweight” rating and set a $190.00 target price (up from $140.00) on shares of Howmet Aerospace in a research note on Monday, August 4th. Zacks Research cut shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. Truist Financial upped their target price on shares of Howmet Aerospace from $202.00 to $217.00 and gave the company a “buy” rating in a research note on Wednesday, October 15th. Finally, Susquehanna upped their target price on shares of Howmet Aerospace from $210.00 to $220.00 and gave the company a “positive” rating in a research note on Thursday, October 9th. Thirteen investment 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, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $181.92.

Howmet Aerospace Stock Performance

NYSE:HWM opened at $198.71 on Monday. The firm has a market capitalization of $80.11 billion, a PE ratio of 58.10, a price-to-earnings-growth ratio of 2.57 and a beta of 1.45. 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 Inc. has a 12-month low of $98.83 and a 12-month high of $202.50. The firm has a 50-day moving average price of $185.51 and a 200 day moving average price of $173.03.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The company had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same period in the previous year, the business earned $0.67 earnings per share. The company’s quarterly revenue was up 9.2% on a year-over-year basis. 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 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Friday, November 7th. Howmet Aerospace’s dividend payout ratio is 14.04%.

Howmet Aerospace Company 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.