NorthCrest Asset Manangement LLC Lowers Stock Holdings in Howmet Aerospace Inc. $HWM

NorthCrest Asset Manangement LLC trimmed its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 7.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,269 shares of the company’s stock after selling 1,141 shares during the quarter. NorthCrest Asset Manangement LLC’s holdings in Howmet Aerospace were worth $2,583,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Pinpoint Asset Management Ltd boosted its stake in shares of Howmet Aerospace by 42.8% in the 1st quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock valued at $31,000 after buying an additional 71 shares during the period. Hemington Wealth Management boosted its stake in shares of Howmet Aerospace by 46.6% in the 1st quarter. Hemington Wealth Management now owns 255 shares of the company’s stock valued at $33,000 after buying an additional 81 shares during the period. GPS Wealth Strategies Group LLC boosted its stake in shares of Howmet Aerospace by 114.6% in the 1st quarter. GPS Wealth Strategies Group LLC now owns 264 shares of the company’s stock valued at $34,000 after buying an additional 141 shares during the period. Rise Advisors LLC boosted its stake in shares of Howmet Aerospace by 32.4% in the 1st quarter. Rise Advisors LLC now owns 270 shares of the company’s stock valued at $35,000 after buying an additional 66 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its stake in shares of Howmet Aerospace by 100.7% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company’s stock valued at $36,000 after buying an additional 140 shares during the period. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. BTIG Research set a $205.00 price objective on Howmet Aerospace and gave the company a “buy” rating in a research note on Monday, August 4th. Morgan Stanley lifted their price objective on Howmet Aerospace from $170.00 to $210.00 and gave the company an “overweight” rating in a research note on Thursday, July 17th. Bank of America lifted their price objective on Howmet Aerospace from $185.00 to $215.00 and gave the company a “buy” rating in a research note on Tuesday, August 5th. Susquehanna boosted their target price on Howmet Aerospace from $170.00 to $210.00 and gave the stock a “positive” rating in a research note on Monday, July 14th. Finally, Barclays restated 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. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Howmet Aerospace presently has an average rating of “Moderate Buy” and an average target price of $172.13.

Howmet Aerospace Trading Up 3.6%

HWM opened at $191.99 on Friday. The firm has a market cap of $77.40 billion, a price-to-earnings ratio of 56.14, a price-to-earnings-growth ratio of 2.40 and a beta of 1.45. Howmet Aerospace Inc. has a 52 week low of $95.46 and a 52 week high of $193.26. The business’s 50 day moving average is $181.00 and its two-hundred day moving average is $160.73. 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 (NYSE:HWM) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.87 by $0.04. The company had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The firm’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 earnings per share. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. On average, research analysts predict that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 25th. Shareholders of record on Friday, August 8th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.3%. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Friday, August 8th. Howmet Aerospace’s dividend 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.