LRI Investments LLC Trims Position in Howmet Aerospace Inc. $HWM

LRI Investments LLC lessened its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 28.9% in the second quarter, Holdings Channel reports. The institutional investor owned 712 shares of the company’s stock after selling 290 shares during the quarter. LRI Investments LLC’s holdings in Howmet Aerospace were worth $133,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in HWM. Pinpoint Asset Management Ltd grew its holdings in Howmet Aerospace by 42.8% during the 1st quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock valued at $31,000 after buying an additional 71 shares in the last quarter. 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. GPS Wealth Strategies Group LLC grew its holdings in Howmet Aerospace by 114.6% during the 1st quarter. GPS Wealth Strategies Group LLC now owns 264 shares of the company’s stock valued at $34,000 after buying an additional 141 shares in the last quarter. Rise Advisors LLC grew its holdings in 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 buying an additional 66 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC grew its holdings in Howmet Aerospace by 100.7% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company’s stock valued at $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 recent analyst reports. BTIG Research set a $205.00 target price on Howmet Aerospace and gave the company a “buy” rating in a report on Monday, August 4th. Barclays reiterated an “overweight” rating and set a $190.00 price target (up previously from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a research report on Wednesday, October 8th. JPMorgan Chase & Co. lifted their price target on Howmet Aerospace from $150.00 to $190.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. Finally, Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Fourteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $176.21.

Howmet Aerospace Stock Performance

NYSE:HWM opened at $183.97 on Monday. The business has a 50 day moving average of $182.56 and a 200 day moving average of $168.13. The company has a market capitalization of $74.16 billion, a price-to-earnings ratio of 53.79, a PEG ratio of 2.39 and a beta of 1.45. Howmet Aerospace Inc. has a 1-year low of $98.83 and a 1-year high of $198.48. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04. The company had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.Howmet Aerospace’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.67 EPS. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. On average, sell-side analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 25th. Investors of record on Friday, November 7th will be given a $0.12 dividend. The ex-dividend date is Friday, November 7th. This represents a $0.48 dividend on an annualized basis and a yield of 0.3%. Howmet Aerospace’s payout ratio is presently 14.04%.

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.