Vise Technologies Inc. Takes Position in Howmet Aerospace Inc. $HWM

Vise Technologies Inc. bought a new position in Howmet Aerospace Inc. (NYSE:HWM) in the second quarter, Holdings Channel reports. The institutional investor bought 19,860 shares of the company’s stock, valued at approximately $3,696,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Pinpoint Asset Management Ltd raised its stake in shares of Howmet Aerospace by 42.8% during the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock worth $31,000 after acquiring an additional 71 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new position in Howmet Aerospace in the 2nd quarter worth $32,000. Hemington Wealth Management raised its position in Howmet Aerospace by 46.6% in the 1st quarter. Hemington Wealth Management now owns 255 shares of the company’s stock worth $33,000 after purchasing an additional 81 shares during the period. Rise Advisors LLC lifted its stake in Howmet Aerospace by 32.4% in the first quarter. Rise Advisors LLC now owns 270 shares of the company’s stock worth $35,000 after purchasing an additional 66 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its position in Howmet Aerospace by 100.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company’s stock valued at $36,000 after buying an additional 140 shares during the period. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a report on Wednesday, October 8th. Vertical Research reaffirmed a “buy” rating on shares of Howmet Aerospace in a research note on Thursday, July 31st. Cowen reiterated a “buy” rating on shares of Howmet Aerospace in a research report on Friday, October 31st. Wall Street Zen raised Howmet Aerospace from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Finally, Royal Bank Of Canada lifted their target price on shares of Howmet Aerospace from $210.00 to $235.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. Fourteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $212.79.

Howmet Aerospace Trading Up 1.5%

NYSE HWM opened at $209.66 on Tuesday. The stock has a market cap of $84.30 billion, a P/E ratio of 61.30, a price-to-earnings-growth ratio of 2.64 and a beta of 1.47. 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 50 day simple moving average of $192.44 and a two-hundred day simple moving average of $179.51. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31.

Howmet Aerospace (NYSE:HWM) last posted its earnings results on Thursday, October 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.04. The firm had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.04 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The business’s revenue was up 13.8% compared to the same quarter last year. During the same period in the previous 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. On average, analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The business also recently disclosed 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 0.2%. Howmet Aerospace’s dividend payout ratio is 13.48%.

Howmet Aerospace Company 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.