Howmet Aerospace Inc. $HWM Shares Purchased by Daymark Wealth Partners LLC

Daymark Wealth Partners LLC raised its position in Howmet Aerospace Inc. (NYSE:HWM) by 6.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,429 shares of the company’s stock after buying an additional 287 shares during the period. Daymark Wealth Partners LLC’s holdings in Howmet Aerospace were worth $824,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in HWM. Vanguard Group Inc. boosted its stake in shares of Howmet Aerospace by 1.5% in the first quarter. Vanguard Group Inc. now owns 47,813,262 shares of the company’s stock worth $6,202,814,000 after acquiring an additional 695,953 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Howmet Aerospace by 21.1% in the 1st quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company’s stock valued at $3,171,970,000 after purchasing an additional 4,252,401 shares in the last quarter. Invesco Ltd. boosted its stake in Howmet Aerospace by 8.3% during the 1st quarter. Invesco Ltd. now owns 7,315,238 shares of the company’s stock worth $949,006,000 after purchasing an additional 563,109 shares during the last quarter. Northern Trust Corp boosted its stake in Howmet Aerospace by 1.3% during the 1st quarter. Northern Trust Corp now owns 3,722,871 shares of the company’s stock worth $482,968,000 after purchasing an additional 45,963 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of Howmet Aerospace by 6.1% during the first quarter. Ameriprise Financial Inc. now owns 3,589,432 shares of the company’s stock worth $465,666,000 after buying an additional 206,397 shares in the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Stock Down 0.9%

HWM stock opened at $201.71 on Friday. Howmet Aerospace Inc. has a one year low of $99.10 and a one year high of $211.95. The firm has a market cap of $81.32 billion, a PE ratio of 58.98, a PEG ratio of 2.64 and a beta of 1.45. The firm’s 50 day moving average price is $187.88 and its 200-day moving average price is $174.81. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31.

Howmet Aerospace (NYSE:HWM) last posted its earnings results on Thursday, October 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping 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 company had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.04 billion. During the same quarter last year, the firm earned $0.81 earnings per share. The firm’s quarterly 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. On average, equities research analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Dividend Announcement

The business 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 $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, November 7th. Howmet Aerospace’s payout ratio is 14.04%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on HWM shares. Weiss Ratings reissued a “buy (b)” rating on shares of Howmet Aerospace in a research note on Wednesday, October 8th. JPMorgan Chase & Co. raised their target price on shares of Howmet Aerospace from $150.00 to $190.00 and gave the stock an “overweight” rating in a research note on Monday, August 4th. Vertical Research restated a “buy” rating on shares of Howmet Aerospace in a report on Thursday, July 31st. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Finally, Barclays restated 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. Thirteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and an average target price of $181.92.

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.