Foundations Investment Advisors LLC Purchases 462 Shares of Howmet Aerospace Inc. $HWM

Foundations Investment Advisors LLC increased its position in Howmet Aerospace Inc. (NYSE:HWM) by 15.1% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 3,524 shares of the company’s stock after buying an additional 462 shares during the period. Foundations Investment Advisors LLC’s holdings in Howmet Aerospace were worth $656,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Pinpoint Asset Management Ltd boosted its stake in shares of Howmet Aerospace by 42.8% in the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock worth $31,000 after acquiring an additional 71 shares during the period. Atlantic Union Bankshares Corp bought a new position in Howmet Aerospace in the 2nd quarter worth approximately $32,000. Hemington Wealth Management grew its holdings in 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 buying an additional 81 shares in the last quarter. Rise Advisors LLC raised its position in shares of Howmet Aerospace by 32.4% during the first 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 last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC lifted its holdings in shares of 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 buying an additional 140 shares in the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Analyst Upgrades and Downgrades

HWM has been the subject of a number of research reports. The Goldman Sachs Group upped their target price on shares of Howmet Aerospace from $205.00 to $226.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Morgan Stanley set a $225.00 price target on shares of Howmet Aerospace and gave the stock an “overweight” rating in a research note on Friday, October 31st. Industrial Alliance Securities set a $240.00 price objective on Howmet Aerospace in a research report on Monday, November 3rd. BNP Paribas Exane initiated coverage on Howmet Aerospace in a report on Tuesday. They issued an “outperform” rating and a $240.00 target price on the stock. Finally, Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Fifteen 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.com, Howmet Aerospace currently has an average rating of “Moderate Buy” and an average target price of $216.93.

Howmet Aerospace Price Performance

HWM stock opened at $201.23 on Wednesday. Howmet Aerospace Inc. has a 52 week low of $105.04 and a 52 week high of $211.95. The firm has a market capitalization of $80.91 billion, a P/E ratio of 58.84, a price-to-earnings-growth ratio of 2.64 and a beta of 1.47. The company has a fifty day simple moving average of $195.57 and a two-hundred day simple moving average of $182.11. 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 announced its earnings results on Thursday, October 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.04. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The firm had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.04 billion. During the same period in the prior year, the company earned $0.81 EPS. The business’s revenue was up 13.8% compared to the same quarter last year. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. Analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

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

Howmet Aerospace Company 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.