FNY Investment Advisers LLC acquired a new stake in Howmet Aerospace Inc. (NYSE:HWM – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 8,500 shares of the company’s stock, valued at approximately $1,582,000.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Howmet Aerospace by 4.3% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,491 shares of the company’s stock valued at $278,000 after acquiring an additional 61 shares during the last quarter. Venturi Wealth Management LLC raised its position in shares of Howmet Aerospace by 3.1% during the second quarter. Venturi Wealth Management LLC now owns 2,093 shares of the company’s stock worth $390,000 after purchasing an additional 62 shares during the period. Rise Advisors LLC raised its position in shares of Howmet Aerospace by 32.4% during the first quarter. Rise Advisors LLC now owns 270 shares of the company’s stock worth $35,000 after purchasing an additional 66 shares during the period. Hemington Wealth Management raised its position in shares of Howmet Aerospace by 25.9% during the second quarter. Hemington Wealth Management now owns 321 shares of the company’s stock worth $59,000 after purchasing an additional 66 shares during the period. Finally, Pinpoint Asset Management Ltd raised its position in shares of Howmet Aerospace by 42.8% during the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock worth $31,000 after purchasing an additional 71 shares during the period. 90.46% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
HWM has been the topic of a number of research analyst reports. Wall Street Zen raised Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Susquehanna raised their price target on Howmet Aerospace from $210.00 to $220.00 and gave the stock a “positive” rating in a research report on Thursday, October 9th. Weiss Ratings reissued a “buy (b)” rating on shares of Howmet Aerospace in a research report on Wednesday, October 8th. Zacks Research lowered Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. Finally, Truist Financial lifted their target price on Howmet Aerospace from $202.00 to $217.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. Thirteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Howmet Aerospace has a consensus rating of “Moderate Buy” and an average target price of $181.92.
Howmet Aerospace Stock Up 2.5%
HWM stock opened at $197.26 on Wednesday. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65. Howmet Aerospace Inc. has a twelve month low of $98.83 and a twelve month high of $198.48. The business has a 50 day moving average price of $184.19 and a two-hundred day moving average price of $171.02. The company has a market cap of $79.52 billion, a price-to-earnings ratio of 57.68, a P/E/G ratio of 2.50 and a beta of 1.45.
Howmet Aerospace (NYSE:HWM – Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.87 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The company had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.99 billion. During the same period in the previous year, the company posted $0.67 EPS. The firm’s revenue for the quarter 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. Analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.
Howmet Aerospace Dividend Announcement
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 paid a $0.12 dividend. The ex-dividend date is Friday, November 7th. This represents a $0.48 annualized dividend and a yield of 0.2%. Howmet Aerospace’s payout ratio is 14.04%.
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.
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