Defined Wealth Management LLC increased its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 2.8% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,927 shares of the company’s stock after acquiring an additional 81 shares during the period. Defined Wealth Management LLC’s holdings in Howmet Aerospace were worth $545,000 at the end of the most recent quarter.
A number of other large investors have also bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. grew its position in Howmet Aerospace by 4.3% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,491 shares of the company’s stock worth $278,000 after acquiring an additional 61 shares during the last quarter. Rise Advisors LLC grew its position in Howmet Aerospace by 32.4% during the 1st quarter. Rise Advisors LLC now owns 270 shares of the company’s stock worth $35,000 after acquiring an additional 66 shares during the last quarter. Pinpoint Asset Management Ltd grew its position in Howmet Aerospace by 42.8% during the 1st quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock worth $31,000 after acquiring an additional 71 shares during the last quarter. Hemington Wealth Management boosted its position in Howmet Aerospace by 46.6% in the 1st quarter. Hemington Wealth Management now owns 255 shares of the company’s stock valued at $33,000 after buying an additional 81 shares during the last quarter. Finally, CVA Family Office LLC boosted its position in Howmet Aerospace by 15.7% in the 1st quarter. CVA Family Office LLC now owns 605 shares of the company’s stock valued at $78,000 after buying an additional 82 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of brokerages have commented on HWM. Morgan Stanley increased their price objective on Howmet Aerospace from $170.00 to $210.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Howmet Aerospace in a research report on Monday, June 30th. Susquehanna increased their price objective on Howmet Aerospace from $170.00 to $210.00 and gave the company a “positive” rating in a research report on Monday, July 14th. Zacks Research upgraded Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 25th. Finally, Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $172.13.
Howmet Aerospace Price Performance
NYSE:HWM opened at $187.52 on Wednesday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31. The stock’s 50-day simple moving average is $180.65 and its 200 day simple moving average is $160.14. The company has a market cap of $75.59 billion, a P/E ratio of 54.83, a P/E/G ratio of 2.45 and a beta of 1.45. Howmet Aerospace Inc. has a 52-week low of $93.51 and a 52-week high of $193.26.
Howmet Aerospace (NYSE:HWM – Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04. The business had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.Howmet Aerospace’s quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.67 earnings per share. 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, sell-side analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.
Howmet Aerospace Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, August 25th. Shareholders of record on Friday, August 8th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.3%. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Friday, August 8th. Howmet Aerospace’s dividend payout ratio (DPR) is presently 14.04%.
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.
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