Valeo Financial Advisors LLC Raises Stake in Howmet Aerospace Inc. $HWM

Valeo Financial Advisors LLC grew its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 4.9% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,112 shares of the company’s stock after purchasing an additional 144 shares during the period. Valeo Financial Advisors LLC’s holdings in Howmet Aerospace were worth $579,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Merit Financial Group LLC boosted its position in shares of Howmet Aerospace by 31.9% during the 2nd quarter. Merit Financial Group LLC now owns 17,344 shares of the company’s stock worth $3,228,000 after purchasing an additional 4,195 shares in the last quarter. OLD National Bancorp IN purchased a new stake in shares of Howmet Aerospace during the 2nd quarter worth $231,000. Carolina Wealth Advisors LLC purchased a new stake in shares of Howmet Aerospace during the 2nd quarter worth $105,000. QRG Capital Management Inc. boosted its position in shares of Howmet Aerospace by 82.7% during the 2nd quarter. QRG Capital Management Inc. now owns 17,953 shares of the company’s stock worth $3,342,000 after purchasing an additional 8,128 shares in the last quarter. Finally, Ascent Group LLC purchased a new stake in shares of Howmet Aerospace during the 2nd quarter worth $263,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Howmet Aerospace Trading Up 0.1%

Shares of HWM stock opened at $191.59 on Thursday. The firm has a 50-day moving average price of $182.40 and a 200 day moving average price of $166.97. Howmet Aerospace Inc. has a twelve month low of $98.83 and a twelve month high of $198.48. The company has a market capitalization of $77.24 billion, a price-to-earnings ratio of 56.02, a PEG ratio of 2.48 and a beta of 1.45. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate 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 company posted $0.67 EPS. The firm’s revenue for the quarter was up 9.2% on a year-over-year basis. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. Research analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th will be issued a $0.12 dividend. The ex-dividend date is Friday, November 7th. This represents a $0.48 annualized dividend and a yield of 0.3%. Howmet Aerospace’s payout ratio is 14.04%.

Analyst Ratings Changes

HWM has been the subject of several research reports. BTIG Research set a $205.00 price target on Howmet Aerospace and gave the stock a “buy” rating in a research note on Monday, August 4th. Barclays reaffirmed an “overweight” rating and set a $190.00 price target (up previously from $140.00) on shares of Howmet Aerospace in a research note on Monday, August 4th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a research note on Wednesday. Morgan Stanley lifted their price target on Howmet Aerospace from $170.00 to $210.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. Finally, Bank of America lifted their price target on Howmet Aerospace from $185.00 to $215.00 and gave the stock a “buy” rating in a research note on Tuesday, August 5th. Fourteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $175.50.

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.