Citizens Financial Group Inc. RI Buys 498 Shares of Howmet Aerospace Inc. $HWM

Citizens Financial Group Inc. RI increased its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 25.7% during the second quarter, HoldingsChannel.com reports. The firm owned 2,437 shares of the company’s stock after buying an additional 498 shares during the period. Citizens Financial Group Inc. RI’s holdings in Howmet Aerospace were worth $454,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of Howmet Aerospace by 5.4% in the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after buying an additional 130 shares in the last quarter. Private Advisor Group LLC increased its holdings in Howmet Aerospace by 5.5% during the 1st quarter. Private Advisor Group LLC now owns 17,193 shares of the company’s stock worth $2,230,000 after acquiring an additional 892 shares during the period. IFP Advisors Inc increased its holdings in Howmet Aerospace by 8.9% during the 1st quarter. IFP Advisors Inc now owns 4,420 shares of the company’s stock worth $573,000 after acquiring an additional 362 shares during the period. Lindbrook Capital LLC lifted its stake in Howmet Aerospace by 26.0% in the 1st quarter. Lindbrook Capital LLC now owns 1,583 shares of the company’s stock worth $205,000 after purchasing an additional 327 shares in the last quarter. Finally, GW&K Investment Management LLC boosted its holdings in Howmet Aerospace by 111.8% in the 1st quarter. GW&K Investment Management LLC now owns 396 shares of the company’s stock valued at $51,000 after purchasing an additional 209 shares during the period. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Performance

NYSE:HWM opened at $202.00 on Thursday. The company has a market capitalization of $81.21 billion, a price-to-earnings ratio of 59.06, a PEG ratio of 2.64 and a beta of 1.47. The business has a 50 day moving average of $195.93 and a 200 day moving average of $182.25. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08. Howmet Aerospace Inc. has a 1-year low of $105.04 and a 1-year high of $211.95.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. The business had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.04 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The business’s quarterly revenue was up 13.8% on a year-over-year basis. During the same period last year, the business earned $0.81 earnings per share. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. On average, sell-side analysts predict 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 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 (DPR) is presently 13.48%.

Analysts Set New Price Targets

A number of research analysts have recently commented on HWM shares. UBS Group boosted their price target on shares of Howmet Aerospace from $199.00 to $209.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. The Goldman Sachs Group lifted their price objective on Howmet Aerospace from $205.00 to $226.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Industrial Alliance Securities set a $240.00 target price on Howmet Aerospace in a research note on Monday, November 3rd. BNP Paribas Exane started coverage on Howmet Aerospace in a report on Tuesday. They issued an “outperform” rating and a $240.00 price target on the stock. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a research report on Wednesday, October 8th. Fifteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Howmet Aerospace has an average rating of “Moderate Buy” and a consensus price target of $216.93.

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.