Three Seasons Wealth LLC Purchases Shares of 3,077 Howmet Aerospace Inc. $HWM

Three Seasons Wealth LLC purchased a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 3,077 shares of the company’s stock, valued at approximately $604,000.

A number of other institutional investors have also modified their holdings of the stock. Voya Investment Management LLC boosted its holdings in Howmet Aerospace by 9.1% during the third quarter. Voya Investment Management LLC now owns 1,247,220 shares of the company’s stock worth $244,742,000 after buying an additional 104,207 shares in the last quarter. Shell Asset Management Co. increased its holdings in Howmet Aerospace by 135.6% in the second quarter. Shell Asset Management Co. now owns 12,420 shares of the company’s stock valued at $2,312,000 after buying an additional 7,148 shares in the last quarter. Forsta AP Fonden raised its position in shares of Howmet Aerospace by 27.7% in the second quarter. Forsta AP Fonden now owns 174,900 shares of the company’s stock worth $32,554,000 after acquiring an additional 37,900 shares during the period. Vanguard Group Inc. raised its position in shares of Howmet Aerospace by 1.4% in the second quarter. Vanguard Group Inc. now owns 48,475,394 shares of the company’s stock worth $9,022,725,000 after acquiring an additional 662,132 shares during the period. Finally, Westfield Capital Management Co. LP boosted its stake in shares of Howmet Aerospace by 68.8% during the 2nd quarter. Westfield Capital Management Co. LP now owns 1,915,955 shares of the company’s stock worth $356,617,000 after acquiring an additional 780,896 shares in the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on HWM. UBS Group lifted their price target on Howmet Aerospace from $199.00 to $209.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. The Goldman Sachs Group upped their target price on Howmet Aerospace from $205.00 to $226.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. Citigroup assumed coverage on Howmet Aerospace in a research report on Thursday, December 11th. They set a “buy” rating and a $246.00 target price on the stock. BTIG Research boosted their price target on shares of Howmet Aerospace from $205.00 to $240.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Finally, Industrial Alliance Securities set a $240.00 price objective on shares of Howmet Aerospace in a research report on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $218.75.

Howmet Aerospace Stock Down 0.4%

Shares of HWM opened at $211.30 on Monday. The stock has a 50 day moving average price of $201.13 and a 200 day moving average price of $188.96. Howmet Aerospace Inc. has a one year low of $105.04 and a one year high of $212.52. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.14 and a current ratio of 2.35. The stock has a market capitalization of $84.95 billion, a price-to-earnings ratio of 59.35, a PEG ratio of 2.42 and a beta of 1.32.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Howmet Aerospace had a return on equity of 29.21% and a net margin of 18.18%.The company had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.04 billion. During the same quarter last year, the firm posted $0.81 EPS. The firm’s revenue for the quarter was up 13.8% on a year-over-year basis. 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. Equities research analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 25th. Investors of record on Friday, November 7th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, November 7th. Howmet Aerospace’s dividend payout ratio is currently 13.48%.

Howmet Aerospace Company Profile

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.