Greenleaf Trust boosted its position in Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 7.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,084 shares of the company’s stock after purchasing an additional 358 shares during the period. Greenleaf Trust’s holdings in Howmet Aerospace were worth $946,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds also recently added to or reduced their stakes in the stock. XML Financial LLC increased its holdings in Howmet Aerospace by 13.9% in the second quarter. XML Financial LLC now owns 2,216 shares of the company’s stock valued at $412,000 after buying an additional 271 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Howmet Aerospace by 9.9% during the 2nd quarter. Janney Montgomery Scott LLC now owns 66,963 shares of the company’s stock valued at $12,464,000 after buying an additional 6,013 shares during the period. GC Wealth Management RIA LLC purchased a new stake in shares of Howmet Aerospace during the 2nd quarter valued at $507,000. V Square Quantitative Management LLC grew its stake in shares of Howmet Aerospace by 10.4% during the 2nd quarter. V Square Quantitative Management LLC now owns 2,509 shares of the company’s stock valued at $467,000 after buying an additional 236 shares during the period. Finally, Genesis Private Wealth LLC acquired a new position in shares of Howmet Aerospace during the 2nd quarter valued at $263,000. 90.46% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several research firms recently weighed in on HWM. JPMorgan Chase & Co. lifted their target price on shares of Howmet Aerospace from $150.00 to $190.00 and gave the company an “overweight” rating in a report on Monday, August 4th. Morgan Stanley boosted their target price on shares of Howmet Aerospace from $170.00 to $210.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. Zacks Research downgraded shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. Truist Financial boosted their price objective on shares of Howmet Aerospace from $161.00 to $192.00 and gave the company a “buy” rating in a research report on Thursday, June 12th. Finally, Susquehanna boosted their target price on shares of Howmet Aerospace from $170.00 to $210.00 and gave the company a “positive” rating in a research note on Monday, July 14th. Fourteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $172.13.
Howmet Aerospace Stock Down 0.6%
HWM stock opened at $194.99 on Thursday. Howmet Aerospace Inc. has a 52-week low of $98.83 and a 52-week high of $198.48. The company’s 50 day simple moving average is $182.25 and its 200-day simple moving average is $164.88. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08. The firm has a market capitalization of $78.61 billion, a P/E ratio of 57.02, a P/E/G ratio of 2.54 and a beta of 1.45.
Howmet Aerospace (NYSE:HWM – Get Free Report) last released its quarterly 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. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.99 billion. During the same quarter in the previous year, the business earned $0.67 earnings per share. The firm’s revenue 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. As a group, equities research analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current year.
Howmet Aerospace Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, November 7th. Howmet Aerospace’s dividend payout ratio is currently 14.04%.
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.
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