Private Trust Co. NA increased its position in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 10.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 744 shares of the company’s stock after buying an additional 71 shares during the quarter. Private Trust Co. NA’s holdings in Howmet Aerospace were worth $139,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in HWM. Brighton Jones LLC grew its position in shares of Howmet Aerospace by 5.4% during the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after acquiring an additional 130 shares during the period. GAMMA Investing LLC boosted its position in shares of Howmet Aerospace by 22.1% during the 1st quarter. GAMMA Investing LLC now owns 10,238 shares of the company’s stock valued at $1,328,000 after acquiring an additional 1,854 shares during the last quarter. PFG Investments LLC increased its holdings in shares of Howmet Aerospace by 77.7% in the 1st quarter. PFG Investments LLC now owns 3,665 shares of the company’s stock worth $475,000 after buying an additional 1,602 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in Howmet Aerospace by 11.5% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 33,532 shares of the company’s stock worth $4,350,000 after purchasing an additional 3,465 shares during the last quarter. Finally, XML Financial LLC boosted its stake in Howmet Aerospace by 5.5% in the first quarter. XML Financial LLC now owns 1,945 shares of the company’s stock worth $252,000 after buying an additional 101 shares in the last quarter. 90.46% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of brokerages recently commented on HWM. Morgan Stanley upped their target price on Howmet Aerospace from $170.00 to $210.00 and gave the company an “overweight” rating in a report on Thursday, July 17th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Howmet Aerospace in a report on Monday, June 30th. Wall Street Zen upgraded shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Zacks Research cut shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. Finally, Truist Financial raised their target price on shares of Howmet Aerospace from $202.00 to $217.00 and gave the company a “buy” rating in a research note on Wednesday, October 15th. Thirteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and a consensus price target of $181.92.
Howmet Aerospace Price Performance
Shares of HWM opened at $191.03 on Thursday. Howmet Aerospace Inc. has a 1-year low of $98.83 and a 1-year high of $200.00. The firm has a fifty day simple moving average of $184.48 and a two-hundred day simple moving average of $171.15. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65. The firm has a market cap of $77.01 billion, a PE ratio of 55.86, a P/E/G ratio of 2.56 and a beta of 1.45.
Howmet Aerospace (NYSE:HWM – Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 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 $2.05 billion during the quarter, compared to the consensus estimate of $1.99 billion. During the same quarter in the previous year, the firm posted $0.67 EPS. The company’s revenue for the quarter was up 9.2% compared to the same quarter last year. 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, equities 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 paid a dividend of $0.12 per share. The ex-dividend date is Friday, November 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. Howmet Aerospace’s payout ratio is 14.04%.
Howmet Aerospace 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.
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