Howmet Aerospace Inc. $HWM Shares Sold by Kingsman Wealth Management Inc.

Kingsman Wealth Management Inc. decreased its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 30.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,011 shares of the company’s stock after selling 12,133 shares during the quarter. Howmet Aerospace comprises 3.1% of Kingsman Wealth Management Inc.’s holdings, making the stock its 11th largest holding. Kingsman Wealth Management Inc.’s holdings in Howmet Aerospace were worth $5,497,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Ascent Group LLC lifted its position in Howmet Aerospace by 469.2% in the third quarter. Ascent Group LLC now owns 8,048 shares of the company’s stock valued at $1,579,000 after buying an additional 6,634 shares during the last quarter. Diversified Trust Co raised its stake in shares of Howmet Aerospace by 9.2% in the 3rd quarter. Diversified Trust Co now owns 24,355 shares of the company’s stock valued at $4,779,000 after acquiring an additional 2,058 shares during the period. Three Seasons Wealth LLC acquired a new position in shares of Howmet Aerospace in the 3rd quarter worth approximately $604,000. Westend Capital Management LLC lifted its holdings in shares of Howmet Aerospace by 1.6% in the 3rd quarter. Westend Capital Management LLC now owns 73,992 shares of the company’s stock worth $14,519,000 after acquiring an additional 1,135 shares during the last quarter. Finally, Optivise Advisory Services LLC boosted its position in shares of Howmet Aerospace by 15.0% during the 3rd quarter. Optivise Advisory Services LLC now owns 1,573 shares of the company’s stock worth $309,000 after purchasing an additional 205 shares during the period. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Stock Performance

NYSE:HWM opened at $207.66 on Wednesday. Howmet Aerospace Inc. has a 12 month low of $105.04 and a 12 month high of $212.52. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.35 and a quick ratio of 1.14. The firm has a market capitalization of $83.49 billion, a PE ratio of 58.33, a price-to-earnings-growth ratio of 2.40 and a beta of 1.32. The business’s fifty day moving average price is $201.67 and its 200 day moving average price is $189.48.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data 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 29.21% and a net margin of 18.18%.The business had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.04 billion. During the same period in the prior year, the firm posted $0.81 EPS. The business’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 and its Q4 2025 guidance at 0.940-0.960 EPS. On average, sell-side analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on HWM. TD Cowen upped their price target on Howmet Aerospace from $210.00 to $240.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Citigroup assumed coverage on Howmet Aerospace in a research note on Thursday, December 11th. They set a “buy” rating and a $246.00 target price on the stock. UBS Group boosted their price target on shares of Howmet Aerospace from $199.00 to $209.00 and gave the stock a “neutral” rating in a research note on Friday, October 31st. JPMorgan Chase & Co. increased their price target on shares of Howmet Aerospace from $190.00 to $227.00 and gave the stock an “overweight” rating in a research report on Monday, November 10th. Finally, Royal Bank Of Canada increased their target price on shares of Howmet Aerospace from $210.00 to $235.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and a consensus price target of $218.75.

About Howmet Aerospace

Howmet Aerospace Inc is an industrial technology company that designs, manufactures and repairs engineered metal products for the aerospace, transportation and industrial markets. Its product portfolio includes precision castings and forgings, engineered fasteners, seamless rolled rings, and complex components for turbine engines, airframes and industrial gas turbines. The company also provides aftermarket services such as component repair, overhaul and parts distribution to support the operating fleet of commercial and military customers.

Howmet serves a global customer base of original equipment manufacturers (OEMs) and aftermarket operators, with manufacturing, service and distribution facilities across North America, Europe and Asia.