FUKOKU MUTUAL LIFE INSURANCE Co Has $281,000 Stock Holdings in Howmet Aerospace Inc. $HWM

FUKOKU MUTUAL LIFE INSURANCE Co reduced its stake in Howmet Aerospace Inc. (NYSE:HWM) by 40.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,508 shares of the company’s stock after selling 1,034 shares during the period. FUKOKU MUTUAL LIFE INSURANCE Co’s holdings in Howmet Aerospace were worth $281,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of HWM. Traub Capital Management LLC acquired a new position in Howmet Aerospace in the 2nd quarter valued at about $25,000. Winnow Wealth LLC bought a new stake in shares of Howmet Aerospace during the second quarter worth approximately $25,000. Pinpoint Asset Management Ltd grew its position in shares of Howmet Aerospace by 42.8% in the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock valued at $31,000 after purchasing an additional 71 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of Howmet Aerospace in the second quarter valued at approximately $32,000. Finally, Hemington Wealth Management increased its stake in shares of Howmet Aerospace by 46.6% during the first quarter. Hemington Wealth Management now owns 255 shares of the company’s stock worth $33,000 after purchasing an additional 81 shares during the period. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Trading Down 1.9%

HWM opened at $198.15 on Friday. The stock has a market capitalization of $79.67 billion, a price-to-earnings ratio of 57.94, a P/E/G ratio of 2.64 and a beta of 1.47. 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 $105.04 and a twelve month high of $211.95. The company has a 50-day simple moving average of $196.21 and a 200 day simple moving average of $182.36.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, October 30th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.91 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 $2.09 billion during the quarter, compared to analysts’ expectations of $2.04 billion. During the same period in the previous year, the company earned $0.81 EPS. The business’s revenue for the quarter was up 13.8% compared to the same quarter last year. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. Analysts predict that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th will be paid a dividend of $0.12 per share. The ex-dividend date is Friday, November 7th. This represents a $0.48 annualized dividend and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is presently 13.48%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Barclays reaffirmed an “overweight” rating and issued a $190.00 price objective (up from $140.00) on shares of Howmet Aerospace in a report on Monday, August 4th. BTIG Research boosted their target price on shares of Howmet Aerospace from $205.00 to $240.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Truist Financial raised their price target on shares of Howmet Aerospace from $202.00 to $217.00 and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Industrial Alliance Securities set a $240.00 price objective on shares of Howmet Aerospace in a report on Monday, November 3rd. Finally, Royal Bank Of Canada increased their target price on shares of Howmet Aerospace from $210.00 to $235.00 and gave the stock an “outperform” rating in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $216.93.

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.