1,333 Shares in Howmet Aerospace Inc. $HWM Acquired by Insight Advisors LLC PA

Insight Advisors LLC PA bought a new position in shares of Howmet Aerospace Inc. (NYSE:HWMFree Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,333 shares of the company’s stock, valued at approximately $248,000.

Several other hedge funds also recently made changes to their positions in the stock. Brighton Jones LLC lifted its holdings in Howmet Aerospace by 5.4% during the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after purchasing an additional 130 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Howmet Aerospace by 22.1% during the first quarter. GAMMA Investing LLC now owns 10,238 shares of the company’s stock valued at $1,328,000 after buying an additional 1,854 shares during the period. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Howmet Aerospace by 11.5% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 33,532 shares of the company’s stock worth $4,350,000 after buying an additional 3,465 shares in the last quarter. Oppenheimer & Co. Inc. boosted its position in shares of Howmet Aerospace by 4.0% in the first quarter. Oppenheimer & Co. Inc. now owns 16,343 shares of the company’s stock valued at $2,120,000 after acquiring an additional 622 shares during the period. Finally, International Assets Investment Management LLC grew its stake in Howmet Aerospace by 7.1% during the first quarter. International Assets Investment Management LLC now owns 2,406 shares of the company’s stock valued at $312,000 after acquiring an additional 159 shares in the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. BTIG Research set a $205.00 target price on shares of Howmet Aerospace and gave the stock a “buy” rating in a research note on Monday, August 4th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Howmet Aerospace in a research report on Monday, June 30th. Vertical Research restated a “buy” rating on shares of Howmet Aerospace in a research report on Thursday, July 31st. Bank of America raised their price target on Howmet Aerospace from $185.00 to $215.00 and gave the company a “buy” rating in a report on Tuesday, August 5th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a research report on Wednesday, October 8th. Thirteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $181.92.

Get Our Latest Report on Howmet Aerospace

Howmet Aerospace Stock Up 4.6%

Shares of NYSE HWM opened at $199.98 on Friday. The stock has a market capitalization of $80.62 billion, a P/E ratio of 58.47, a PEG ratio of 2.48 and a beta of 1.45. Howmet Aerospace Inc. has a one year low of $98.83 and a one year high of $200.20. The firm’s 50 day simple moving average is $184.96 and its two-hundred day simple moving average is $171.73. 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 (NYSE:HWMGet Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The company had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $1.99 billion. During the same quarter last year, the company earned $0.67 EPS. The firm’s revenue was up 9.2% compared to the same quarter last year. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. As a group, analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 25th. Investors of record on Friday, November 7th will be issued a dividend of $0.12 per share. 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 currently 14.04%.

Howmet Aerospace Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Howmet Aerospace (NYSE:HWM)

Receive News & Ratings for Howmet Aerospace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Howmet Aerospace and related companies with MarketBeat.com's FREE daily email newsletter.