Vestor Capital LLC Acquires New Position in Howmet Aerospace Inc. $HWM

Vestor Capital LLC acquired a new stake in Howmet Aerospace Inc. (NYSE:HWM) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 3,045 shares of the company’s stock, valued at approximately $567,000.

A number of other institutional investors have also modified their holdings of the stock. Traub Capital Management LLC purchased a new stake in shares of Howmet Aerospace in the second quarter valued at approximately $25,000. Winnow Wealth LLC bought a new stake in Howmet Aerospace during the 2nd quarter valued at $25,000. Pinpoint Asset Management Ltd lifted its holdings in shares of Howmet Aerospace by 42.8% in the 1st quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock worth $31,000 after buying an additional 71 shares during the period. Atlantic Union Bankshares Corp bought a new position in shares of Howmet Aerospace during the 2nd quarter worth $32,000. Finally, Hemington Wealth Management grew its position in shares of Howmet Aerospace by 46.6% during the 1st quarter. Hemington Wealth Management now owns 255 shares of the company’s stock worth $33,000 after buying an additional 81 shares in the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HWM has been the subject of a number of research reports. TD Cowen upped their price objective on shares of Howmet Aerospace from $210.00 to $240.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. The Goldman Sachs Group boosted their price target on shares of Howmet Aerospace from $205.00 to $226.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Industrial Alliance Securities set a $240.00 price target on shares of Howmet Aerospace in a research report on Monday, November 3rd. BNP Paribas Exane began coverage on shares of Howmet Aerospace in a research note on Tuesday, November 18th. They set an “outperform” rating and a $240.00 price objective on the stock. Finally, Morgan Stanley set a $225.00 price objective on shares of Howmet Aerospace and gave the stock an “overweight” rating in a research note on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $216.93.

Howmet Aerospace Stock Down 0.4%

NYSE:HWM opened at $197.13 on Friday. Howmet Aerospace Inc. has a fifty-two week low of $105.04 and a fifty-two week high of $211.95. The stock has a market capitalization of $79.26 billion, a P/E ratio of 57.64, a P/E/G ratio of 2.64 and a beta of 1.47. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31. The company’s 50-day simple moving average is $196.44 and its 200-day simple moving average is $182.84.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.91 by $0.04. The firm had revenue of $2.09 billion during 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%. Howmet Aerospace’s revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.81 EPS. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. On average, equities analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The firm 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 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) 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.