Inspire Advisors LLC Invests $1.03 Million in Howmet Aerospace Inc. $HWM

Inspire Advisors LLC acquired a new position in Howmet Aerospace Inc. (NYSE:HWM) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 5,519 shares of the company’s stock, valued at approximately $1,027,000.

Several other institutional investors have also added to or reduced their stakes in the business. Brighton Jones LLC raised its position in shares of Howmet Aerospace by 5.4% in the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after purchasing an additional 130 shares during the period. Private Advisor Group LLC grew its stake in Howmet Aerospace by 5.5% in the 1st quarter. Private Advisor Group LLC now owns 17,193 shares of the company’s stock valued at $2,230,000 after buying an additional 892 shares in the last quarter. Kestra Private Wealth Services LLC raised its holdings in Howmet Aerospace by 91.6% during the 1st quarter. Kestra Private Wealth Services LLC now owns 18,795 shares of the company’s stock valued at $2,438,000 after acquiring an additional 8,983 shares during the period. IFP Advisors Inc lifted its position in shares of Howmet Aerospace by 8.9% during the first quarter. IFP Advisors Inc now owns 4,420 shares of the company’s stock worth $573,000 after acquiring an additional 362 shares in the last quarter. Finally, Teachers Retirement System of The State of Kentucky boosted its holdings in shares of Howmet Aerospace by 4.7% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 31,418 shares of the company’s stock worth $4,076,000 after acquiring an additional 1,402 shares during the period. 90.46% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

HWM has been the topic of a number of analyst reports. Zacks Research lowered Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. Morgan Stanley set a $225.00 price target on Howmet Aerospace and gave the company an “overweight” rating in a research report on Friday, October 31st. UBS Group increased their price target on shares of Howmet Aerospace from $199.00 to $209.00 and gave the stock a “neutral” rating in a report on Friday, October 31st. BNP Paribas Exane initiated coverage on shares of Howmet Aerospace in a research note on Tuesday. They set an “outperform” rating and a $240.00 price objective for the company. Finally, BTIG Research upped their target price on shares of Howmet Aerospace from $205.00 to $240.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Fifteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $216.93.

Howmet Aerospace Stock Up 0.5%

Shares of NYSE HWM opened at $201.23 on Wednesday. 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 business has a 50-day moving average of $195.57 and a 200-day moving average of $182.11. The firm has a market capitalization of $80.91 billion, a price-to-earnings ratio of 58.84, a PEG ratio of 2.64 and a beta of 1.47. Howmet Aerospace Inc. has a 12 month low of $105.04 and a 12 month high of $211.95.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Thursday, October 30th. The company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 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 $2.09 billion for the quarter, compared to the consensus estimate of $2.04 billion. During the same period last year, the firm posted $0.81 earnings per share. Howmet Aerospace’s quarterly revenue was up 13.8% on a year-over-year basis. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. Sell-side analysts expect that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 25th. Investors of record on Friday, November 7th will be given 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 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.