Howmet Aerospace Inc. $HWM Shares Acquired by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. raised its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 21.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,801 shares of the company’s stock after buying an additional 317 shares during the period. SBI Securities Co. Ltd.’s holdings in Howmet Aerospace were worth $335,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Howmet Aerospace by 4.3% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,491 shares of the company’s stock valued at $278,000 after acquiring an additional 61 shares during the period. Venturi Wealth Management LLC boosted its stake in Howmet Aerospace by 3.1% during the 2nd quarter. Venturi Wealth Management LLC now owns 2,093 shares of the company’s stock valued at $390,000 after purchasing an additional 62 shares in the last quarter. Rise Advisors LLC increased its position in shares of Howmet Aerospace by 32.4% during the 1st quarter. Rise Advisors LLC now owns 270 shares of the company’s stock valued at $35,000 after purchasing an additional 66 shares during the period. Hemington Wealth Management raised its stake in shares of Howmet Aerospace by 25.9% in the 2nd quarter. Hemington Wealth Management now owns 321 shares of the company’s stock worth $59,000 after buying an additional 66 shares in the last quarter. Finally, Pinpoint Asset Management Ltd lifted its holdings 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 valued at $31,000 after buying an additional 71 shares during the period. 90.46% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

HWM has been the topic of a number of research analyst reports. Barclays reaffirmed an “overweight” rating and set a $190.00 target price (up from $140.00) on shares of Howmet Aerospace in a report on Monday, August 4th. Bank of America raised their price objective on shares of Howmet Aerospace from $215.00 to $250.00 and gave the company a “buy” rating in a research report on Friday. TD Cowen boosted their target price on shares of Howmet Aerospace from $210.00 to $240.00 and gave the stock a “buy” rating in a report on Friday, October 31st. UBS Group increased their target price on shares of Howmet Aerospace from $199.00 to $209.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. Finally, Morgan Stanley set a $225.00 price target on shares of Howmet Aerospace and gave the stock an “overweight” rating in a research report on Friday, October 31st. Fourteen 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 stock has an average rating of “Moderate Buy” and a consensus price target of $215.29.

Howmet Aerospace Stock Up 0.8%

Howmet Aerospace stock opened at $203.00 on Friday. Howmet Aerospace Inc. has a twelve month low of $105.04 and a twelve month 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 firm has a market cap of $81.62 billion, a PE ratio of 59.36, a P/E/G ratio of 2.64 and a beta of 1.47. The firm’s 50 day moving average price is $194.70 and its two-hundred day moving average price is $180.81.

Howmet Aerospace (NYSE:HWM) last announced its quarterly 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. The business had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.04 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The firm’s revenue was up 13.8% on a year-over-year basis. During the same period 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. On average, research analysts predict that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th will be given a $0.12 dividend. 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 payout ratio is currently 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.