TIAA Trust National Association Sells 419 Shares of Howmet Aerospace Inc. $HWM

TIAA Trust National Association trimmed its position in Howmet Aerospace Inc. (NYSE:HWM) by 14.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,571 shares of the company’s stock after selling 419 shares during the quarter. TIAA Trust National Association’s holdings in Howmet Aerospace were worth $478,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Pinpoint Asset Management Ltd increased its holdings in 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 position in shares of Howmet Aerospace by 46.6% during the 1st quarter. Hemington Wealth Management now owns 255 shares of the company’s stock valued at $33,000 after acquiring an additional 81 shares in the last quarter. Rise Advisors LLC increased its stake in Howmet Aerospace by 32.4% in the first quarter. Rise Advisors LLC now owns 270 shares of the company’s stock valued at $35,000 after acquiring an additional 66 shares during the period. Annis Gardner Whiting Capital Advisors LLC raised its position in Howmet Aerospace by 100.7% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company’s stock worth $36,000 after purchasing an additional 140 shares in the last quarter. Finally, REAP Financial Group LLC raised its position in Howmet Aerospace by 101.9% in the second quarter. REAP Financial Group LLC now owns 212 shares of the company’s stock worth $39,000 after purchasing an additional 107 shares in the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Stock Performance

Shares of NYSE:HWM opened at $206.39 on Thursday. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65. Howmet Aerospace Inc. has a 1-year low of $105.04 and a 1-year high of $211.95. The stock has a market capitalization of $83.20 billion, a P/E ratio of 60.35, a P/E/G ratio of 2.64 and a beta of 1.45. The business has a 50-day moving average price of $190.49 and a two-hundred day moving average price of $177.45.

Howmet Aerospace (NYSE:HWM) last issued 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 company had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.04 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. Howmet Aerospace’s 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. Q4 2025 guidance at 0.940-0.960 EPS. Equities analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio is 13.48%.

Analysts Set New Price Targets

Several research firms have recently weighed in on HWM. JPMorgan Chase & Co. upped their price objective on Howmet Aerospace from $150.00 to $190.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. Susquehanna set a $235.00 price target on Howmet Aerospace and gave the company a “positive” rating in a research report on Friday, October 31st. BTIG Research increased their price objective on Howmet Aerospace from $205.00 to $240.00 and gave the stock a “buy” rating in a research note on Monday. Truist Financial boosted their target price on shares of Howmet Aerospace from $202.00 to $217.00 and gave the company a “buy” rating in a research note on Wednesday, October 15th. Finally, Zacks Research lowered shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th. Fifteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $205.73.

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.