Simon Quick Advisors LLC Has $963,000 Stake in Howmet Aerospace Inc. $HWM

Simon Quick Advisors LLC increased its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 39.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,176 shares of the company’s stock after purchasing an additional 1,469 shares during the quarter. Simon Quick Advisors LLC’s holdings in Howmet Aerospace were worth $963,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

HWM has been the subject of a number of recent analyst reports. Susquehanna set a $235.00 price target on shares of Howmet Aerospace and gave the company a “positive” rating in a research note on Friday. Vertical Research reiterated a “buy” rating on shares of Howmet Aerospace in a research note on Thursday, July 31st. Bank of America increased their price target on shares of Howmet Aerospace from $185.00 to $215.00 and gave the company a “buy” rating in a research note on Tuesday, August 5th. Cowen reiterated a “buy” rating on shares of Howmet Aerospace in a research note on Friday. Finally, Morgan Stanley set a $225.00 price target on shares of Howmet Aerospace and gave the company an “overweight” rating in a research note on Friday. Fifteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $194.57.

Howmet Aerospace Price Performance

Shares of HWM opened at $206.47 on Friday. The firm has a market capitalization of $83.23 billion, a PE ratio of 60.37, a PEG ratio of 2.64 and a beta of 1.45. The company’s 50-day moving average is $188.59 and its 200-day moving average is $175.36. Howmet Aerospace Inc. has a fifty-two week low of $99.10 and a fifty-two week high of $211.95. 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 issued its quarterly earnings data on Thursday, October 30th. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.04. The company had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.04 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The company’s revenue was up 13.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.81 earnings per share. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. Equities analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be given a $0.12 dividend. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio is presently 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.