RWA Wealth Partners LLC Invests $667,000 in Howmet Aerospace Inc. $HWM

RWA Wealth Partners LLC purchased a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,584 shares of the company’s stock, valued at approximately $667,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Harbour Investments Inc. grew its holdings in shares of Howmet Aerospace by 10.1% in the 1st quarter. Harbour Investments Inc. now owns 1,114 shares of the company’s stock valued at $145,000 after buying an additional 102 shares during the period. PFG Advisors raised its stake in Howmet Aerospace by 37.9% during the 1st quarter. PFG Advisors now owns 9,593 shares of the company’s stock worth $1,245,000 after buying an additional 2,635 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Howmet Aerospace during the second quarter worth about $40,949,000. Assetmark Inc. grew its stake in Howmet Aerospace by 1,288.0% in the second quarter. Assetmark Inc. now owns 8,883 shares of the company’s stock valued at $1,653,000 after acquiring an additional 8,243 shares during the period. Finally, Asahi Life Asset Management CO. LTD. bought a new stake in shares of Howmet Aerospace in the second quarter worth about $491,000. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Stock Up 0.5%

HWM stock opened at $206.66 on Monday. The company has a market cap of $83.09 billion, a price-to-earnings ratio of 60.43, a P/E/G ratio of 2.64 and a beta of 1.47. Howmet Aerospace Inc. has a twelve month low of $105.04 and a twelve month high of $211.95. The business has a 50 day moving average price of $191.73 and a two-hundred day moving average price of $178.97. 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 (NYSE:HWM) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.91 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 $2.09 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same quarter in the prior year, the firm posted $0.81 EPS. The firm’s revenue for the quarter was up 13.8% compared to the same quarter last year. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. Analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS 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. Stockholders 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 dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, November 7th. Howmet Aerospace’s dividend payout ratio (DPR) is 13.48%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on HWM. Zacks Research lowered Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. TD Cowen raised their target price on shares of Howmet Aerospace from $210.00 to $240.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Bank of America lifted their price target on shares of Howmet Aerospace from $185.00 to $215.00 and gave the company a “buy” rating in a research note on Tuesday, August 5th. Cowen reiterated a “buy” rating on shares of Howmet Aerospace in a report on Friday, October 31st. Finally, Barclays reissued an “overweight” rating and set a $190.00 price objective (up previously from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. Fourteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $210.14.

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.