Convergence Investment Partners LLC Acquires 548 Shares of Howmet Aerospace Inc. $HWM

Convergence Investment Partners LLC raised its position in Howmet Aerospace Inc. (NYSE:HWM) by 7.5% during the 2nd quarter, HoldingsChannel reports. The fund owned 7,818 shares of the company’s stock after buying an additional 548 shares during the quarter. Convergence Investment Partners LLC’s holdings in Howmet Aerospace were worth $1,455,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of HWM. Brighton Jones LLC lifted its stake in Howmet Aerospace by 5.4% in the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after acquiring an additional 130 shares in the last quarter. GAMMA Investing LLC lifted its stake in Howmet Aerospace by 22.1% in the 1st quarter. GAMMA Investing LLC now owns 10,238 shares of the company’s stock valued at $1,328,000 after acquiring an additional 1,854 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in Howmet Aerospace by 11.5% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 33,532 shares of the company’s stock valued at $4,350,000 after acquiring an additional 3,465 shares in the last quarter. Golden State Wealth Management LLC lifted its stake in Howmet Aerospace by 211.5% in the 1st quarter. Golden State Wealth Management LLC now owns 433 shares of the company’s stock valued at $56,000 after acquiring an additional 294 shares in the last quarter. Finally, Perigon Wealth Management LLC lifted its stake in Howmet Aerospace by 6.3% in the 1st quarter. Perigon Wealth Management LLC now owns 3,086 shares of the company’s stock valued at $400,000 after acquiring an additional 182 shares in the last quarter. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Down 0.7%

HWM opened at $198.71 on Monday. Howmet Aerospace Inc. has a 1-year low of $98.83 and a 1-year high of $202.50. The stock’s fifty day simple moving average is $185.51 and its 200 day simple moving average is $173.03. 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 market cap of $80.11 billion, a PE ratio of 58.10, a price-to-earnings-growth ratio of 2.57 and a beta of 1.45.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The business had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $1.99 billion. During the same quarter in the prior year, the business earned $0.67 EPS. The firm’s revenue for the quarter was up 9.2% on a year-over-year basis. 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, research analysts expect that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Friday, November 7th. Howmet Aerospace’s dividend payout ratio is currently 14.04%.

Analyst Upgrades and Downgrades

HWM has been the topic of several recent analyst reports. JPMorgan Chase & Co. boosted their price target on Howmet Aerospace from $150.00 to $190.00 and gave the stock an “overweight” rating in a research report on Monday, August 4th. Truist Financial boosted their price target on Howmet Aerospace from $202.00 to $217.00 and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Morgan Stanley boosted their price target on Howmet Aerospace from $170.00 to $210.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Finally, Vertical Research restated a “buy” rating on shares of Howmet Aerospace in a research note on Thursday, July 31st. Thirteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $181.92.

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.