Forum Financial Management LP Cuts Stock Position in Howmet Aerospace Inc. $HWM

Forum Financial Management LP lessened its stake in Howmet Aerospace Inc. (NYSE:HWM) by 11.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,111 shares of the company’s stock after selling 678 shares during the quarter. Forum Financial Management LP’s holdings in Howmet Aerospace were worth $951,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Ethic Inc. increased its holdings in Howmet Aerospace by 2.9% in the 2nd quarter. Ethic Inc. now owns 46,202 shares of the company’s stock worth $8,543,000 after acquiring an additional 1,300 shares in the last quarter. Benin Management CORP purchased a new stake in Howmet Aerospace in the 2nd quarter worth $248,000. Brookstone Capital Management acquired a new stake in Howmet Aerospace during the 2nd quarter worth $647,000. FNY Investment Advisers LLC acquired a new stake in Howmet Aerospace during the 2nd quarter worth $1,582,000. Finally, Cavalier Investments LLC boosted its stake in Howmet Aerospace by 104.2% during the 2nd quarter. Cavalier Investments LLC now owns 276,281 shares of the company’s stock worth $51,424,000 after purchasing an additional 140,970 shares during the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on HWM. Barclays reaffirmed an “overweight” rating and set a $190.00 target price (up previously from $140.00) on shares of Howmet Aerospace in a research note on Monday, August 4th. Bank of America lifted their target price on shares of Howmet Aerospace from $185.00 to $215.00 and gave the stock a “buy” rating in a research note on Tuesday, August 5th. Zacks Research cut shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. Truist Financial lifted their target price on shares of Howmet Aerospace from $202.00 to $217.00 and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Finally, Vertical Research reaffirmed a “buy” rating on shares of Howmet Aerospace in a research note on Thursday, July 31st. Thirteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $181.92.

Howmet Aerospace Trading Up 4.6%

Shares of HWM stock opened at $199.98 on Friday. The company’s 50-day moving average price is $184.96 and its 200-day moving average price is $171.73. 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 $80.62 billion, a price-to-earnings ratio of 58.47, a PEG ratio of 2.48 and a beta of 1.45. Howmet Aerospace Inc. has a twelve month low of $98.83 and a twelve month high of $200.20.

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

Howmet Aerospace Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s payout ratio is presently 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.