1,451 Shares in Howmet Aerospace Inc. $HWM Purchased by Ironwood Investment Counsel LLC

Ironwood Investment Counsel LLC purchased a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 1,451 shares of the company’s stock, valued at approximately $270,000.

A number of other large investors have also added to or reduced their stakes in HWM. Harbour Investments Inc. raised its position in shares of Howmet Aerospace by 10.1% during the 1st quarter. Harbour Investments Inc. now owns 1,114 shares of the company’s stock valued at $145,000 after buying an additional 102 shares in the last quarter. PFG Advisors raised its position in Howmet Aerospace by 37.9% during the first quarter. PFG Advisors now owns 9,593 shares of the company’s stock valued at $1,245,000 after purchasing an additional 2,635 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Howmet Aerospace during the second quarter valued at approximately $40,949,000. Assetmark Inc. lifted its stake in shares of Howmet Aerospace by 1,288.0% in the 2nd quarter. Assetmark Inc. now owns 8,883 shares of the company’s stock valued at $1,653,000 after purchasing an additional 8,243 shares during the last quarter. Finally, Asahi Life Asset Management CO. LTD. purchased a new position in shares of Howmet Aerospace in the 2nd quarter worth approximately $491,000. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Down 1.9%

Shares of NYSE HWM opened at $204.96 on Thursday. Howmet Aerospace Inc. has a 52-week low of $105.04 and a 52-week high of $211.95. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31. The stock has a 50 day moving average price of $193.77 and a 200 day moving average price of $180.20. The firm has a market capitalization of $82.41 billion, a price-to-earnings ratio of 59.93, a PEG ratio of 2.64 and a beta of 1.47.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The firm had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same period in the previous year, the company posted $0.81 earnings per share. The firm’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 year.

Howmet Aerospace Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Investors of record on Friday, November 7th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, November 7th. Howmet Aerospace’s dividend payout ratio (DPR) is presently 13.48%.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Industrial Alliance Securities set a $240.00 target price on shares of Howmet Aerospace in a research note on Monday, November 3rd. Bank of America lifted their price target on shares of Howmet Aerospace from $185.00 to $215.00 and gave the stock a “buy” rating in a research note on Tuesday, August 5th. Cowen reissued a “buy” rating on shares of Howmet Aerospace in a research report on Friday, October 31st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Howmet Aerospace in a research note on Wednesday, October 8th. Fourteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $212.79.

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.