Howmet Aerospace Inc. $HWM Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC cut its stake in Howmet Aerospace Inc. (NYSE:HWM) by 9.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,133 shares of the company’s stock after selling 1,685 shares during the period. Intech Investment Management LLC’s holdings in Howmet Aerospace were worth $3,189,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. grew its holdings in 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 valued at $278,000 after buying an additional 61 shares in the last quarter. Venturi Wealth Management LLC boosted its position in shares of 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 last quarter. Rise Advisors LLC grew its holdings in shares of Howmet Aerospace by 32.4% in the first quarter. Rise Advisors LLC now owns 270 shares of the company’s stock valued at $35,000 after purchasing an additional 66 shares during the period. Hemington Wealth Management increased its position in Howmet Aerospace by 25.9% during the second quarter. Hemington Wealth Management now owns 321 shares of the company’s stock worth $59,000 after purchasing an additional 66 shares during the last quarter. Finally, Pinpoint Asset Management Ltd boosted its holdings in Howmet Aerospace by 42.8% in the 1st quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock valued at $31,000 after purchasing an additional 71 shares during the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Trading Up 0.5%

NYSE:HWM opened at $201.23 on Wednesday. Howmet Aerospace Inc. has a 12-month low of $105.04 and a 12-month high of $211.95. The firm has a market cap of $80.91 billion, a PE ratio of 58.84, a price-to-earnings-growth ratio of 2.64 and a beta of 1.47. 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 fifty day moving average price of $195.57 and a 200 day moving average price of $182.11.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $2.04 billion. During the same quarter last year, the company earned $0.81 EPS. Howmet Aerospace’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. Sell-side 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 announced a quarterly dividend, which will be paid on Tuesday, November 25th. Investors of record on Friday, November 7th will be paid a dividend of $0.12 per share. The ex-dividend date is Friday, November 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s payout ratio is presently 13.48%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on HWM. JPMorgan Chase & Co. raised their price target on shares of Howmet Aerospace from $190.00 to $227.00 and gave the stock an “overweight” rating in a report on Monday, November 10th. The Goldman Sachs Group raised their target price on Howmet Aerospace from $205.00 to $226.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. Morgan Stanley set a $225.00 price target on Howmet Aerospace and gave the company an “overweight” rating in a research note on Friday, October 31st. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Finally, Industrial Alliance Securities set a $240.00 target price on shares of Howmet Aerospace in a report on Monday, November 3rd. Fifteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Howmet Aerospace has a consensus rating of “Moderate Buy” and a consensus target price of $216.93.

Howmet Aerospace 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.