Howmet Aerospace Inc. $HWM Shares Sold by Tompkins Financial Corp

Tompkins Financial Corp cut its holdings in shares of Howmet Aerospace Inc. (NYSE:HWMFree Report) by 15.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,647 shares of the company’s stock after selling 500 shares during the period. Tompkins Financial Corp’s holdings in Howmet Aerospace were worth $493,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. 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 valued at $31,000 after buying an additional 71 shares during the period. Hemington Wealth Management raised its position in Howmet Aerospace by 46.6% during the first quarter. Hemington Wealth Management now owns 255 shares of the company’s stock valued at $33,000 after acquiring an additional 81 shares in the last quarter. GPS Wealth Strategies Group LLC lifted its holdings in Howmet Aerospace by 114.6% in the first quarter. GPS Wealth Strategies Group LLC now owns 264 shares of the company’s stock valued at $34,000 after acquiring an additional 141 shares during the period. Rise Advisors LLC boosted its position in Howmet Aerospace by 32.4% in the 1st quarter. Rise Advisors LLC now owns 270 shares of the company’s stock worth $35,000 after purchasing an additional 66 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its position in Howmet Aerospace by 100.7% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company’s stock worth $36,000 after purchasing an additional 140 shares in the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on HWM. Bank of America increased their price target on shares of Howmet Aerospace from $185.00 to $215.00 and gave the stock a “buy” rating in a report on Tuesday, August 5th. Wall Street Zen upgraded shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Zacks Research raised shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 25th. Vertical Research restated a “buy” rating on shares of Howmet Aerospace in a research report on Thursday, July 31st. Finally, Susquehanna upped their price target on Howmet Aerospace from $170.00 to $210.00 and gave the stock a “positive” rating in a report on Monday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $172.13.

Get Our Latest Stock Analysis on Howmet Aerospace

Howmet Aerospace Trading Down 1.1%

Shares of Howmet Aerospace stock opened at $185.40 on Thursday. The stock has a 50 day moving average of $180.73 and a 200 day moving average of $160.31. 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 firm has a market capitalization of $74.74 billion, a price-to-earnings ratio of 54.21, a PEG ratio of 2.43 and a beta of 1.45. Howmet Aerospace Inc. has a fifty-two week low of $94.26 and a fifty-two week high of $193.26.

Howmet Aerospace (NYSE:HWMGet Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.87 by $0.04. The business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The company’s quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.67 EPS. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. As a group, research analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 25th. Shareholders of record on Friday, August 8th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.3%. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Friday, August 8th. Howmet Aerospace’s payout ratio is 14.04%.

Howmet Aerospace Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Howmet Aerospace (NYSE:HWM)

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