Howmet Aerospace Inc. $HWM Shares Acquired by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. grew its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 475.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,397 shares of the company’s stock after purchasing an additional 15,200 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Howmet Aerospace were worth $3,424,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in HWM. Brighton Jones LLC raised its position 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 acquiring an additional 130 shares during the period. Avantax Advisory Services Inc. increased its stake in shares of Howmet Aerospace by 18.2% in the 1st quarter. Avantax Advisory Services Inc. now owns 10,421 shares of the company’s stock valued at $1,352,000 after purchasing an additional 1,601 shares in the last quarter. Cetera Investment Advisers raised its holdings in Howmet Aerospace by 10.8% in the 1st quarter. Cetera Investment Advisers now owns 80,629 shares of the company’s stock worth $10,460,000 after purchasing an additional 7,858 shares during the period. Skandinaviska Enskilda Banken AB publ acquired a new position in Howmet Aerospace in the 1st quarter worth about $376,000. Finally, HB Wealth Management LLC boosted its position in Howmet Aerospace by 57.5% during the first quarter. HB Wealth Management LLC now owns 7,654 shares of the company’s stock worth $993,000 after purchasing an additional 2,794 shares in the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Howmet Aerospace Trading Up 0.5%

Shares of HWM stock opened at $204.61 on Thursday. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65. Howmet Aerospace Inc. has a twelve month low of $105.04 and a twelve month high of $211.95. The company’s 50-day moving average price is $197.37 and its 200-day moving average price is $183.80. The stock has a market cap of $82.26 billion, a price-to-earnings ratio of 59.83, a PEG ratio of 2.64 and a beta of 1.47.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.04. The firm had revenue of $2.09 billion during 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%. Howmet Aerospace’s revenue was up 13.8% compared to the same quarter last year. 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. As a group, equities analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 25th. Investors of record on Friday, November 7th were issued a $0.12 dividend. The ex-dividend date was Friday, November 7th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is currently 13.48%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. BTIG Research boosted their price objective on Howmet Aerospace from $205.00 to $240.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Industrial Alliance Securities set a $240.00 price target on shares of Howmet Aerospace in a report on Monday, November 3rd. BNP Paribas Exane began coverage on shares of Howmet Aerospace in a research report on Tuesday, November 18th. They set an “outperform” rating and a $240.00 price objective for the company. Wall Street Zen upgraded shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Finally, TD Cowen boosted their target price on shares of Howmet Aerospace from $210.00 to $240.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target 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.