Howmet Aerospace Inc. $HWM Shares Bought by Osaic Holdings Inc.

Osaic Holdings Inc. grew its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 7.9% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 84,248 shares of the company’s stock after buying an additional 6,204 shares during the period. Osaic Holdings Inc.’s holdings in Howmet Aerospace were worth $15,537,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Traub Capital Management LLC purchased a new stake in Howmet Aerospace during the 2nd quarter valued at approximately $25,000. Winnow Wealth LLC purchased a new stake in shares of Howmet Aerospace during the second quarter worth approximately $25,000. Newbridge Financial Services Group Inc. lifted its holdings in shares of Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after purchasing an additional 73 shares during the period. Atlantic Union Bankshares Corp acquired a new stake in shares of Howmet Aerospace during the second quarter worth $32,000. Finally, Penserra Capital Management LLC grew its position in Howmet Aerospace by 450.0% in the 2nd quarter. Penserra Capital Management LLC now owns 198 shares of the company’s stock valued at $36,000 after buying an additional 162 shares during the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on HWM shares. JPMorgan Chase & Co. raised their target price on shares of Howmet Aerospace from $190.00 to $227.00 and gave the stock an “overweight” rating in a research note on Monday, November 10th. Zacks Research cut shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th. Morgan Stanley set a $225.00 price objective on Howmet Aerospace and gave the company an “overweight” rating in a report on Friday, October 31st. Royal Bank Of Canada boosted their target price on Howmet Aerospace from $210.00 to $235.00 and gave the stock an “outperform” rating in a research report on Friday, October 31st. Finally, Industrial Alliance Securities set a $240.00 target price on Howmet Aerospace in a research note on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $218.75.

Howmet Aerospace Trading Up 3.6%

Shares of HWM opened at $198.10 on Friday. Howmet Aerospace Inc. has a twelve month low of $105.04 and a twelve month high of $211.95. The company has a current ratio of 2.35, a quick ratio of 1.14 and a debt-to-equity ratio of 0.63. The firm has a market capitalization of $79.65 billion, a P/E ratio of 55.65, a PEG ratio of 2.19 and a beta of 1.32. The firm’s 50-day moving average is $198.79 and its two-hundred day moving average is $187.20.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.91 by $0.04. The business had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.04 billion. Howmet Aerospace had a return on equity of 29.21% and a net margin of 18.18%.The company’s quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.81 EPS. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS and its Q4 2025 guidance at 0.940-0.960 EPS. On average, research analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th were issued a $0.12 dividend. The ex-dividend date of this dividend was Friday, November 7th. This represents a $0.48 annualized dividend and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is 13.48%.

About Howmet Aerospace

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.