Carolina Wealth Advisors LLC Purchases Shares of 566 Howmet Aerospace Inc. $HWM

Carolina Wealth Advisors LLC acquired a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 566 shares of the company’s stock, valued at approximately $105,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Pinpoint Asset Management Ltd lifted its position in Howmet Aerospace by 42.8% during the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock valued at $31,000 after purchasing an additional 71 shares during the last quarter. Hemington Wealth Management raised 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 valued at $33,000 after buying an additional 81 shares in the last quarter. GPS Wealth Strategies Group LLC lifted its holdings in shares of Howmet Aerospace by 114.6% in the 1st 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 last quarter. Rise Advisors LLC lifted its holdings in shares of Howmet Aerospace by 32.4% in the 1st quarter. Rise Advisors LLC now owns 270 shares of the company’s stock valued at $35,000 after acquiring an additional 66 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC grew its position in Howmet Aerospace by 100.7% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company’s stock worth $36,000 after acquiring an additional 140 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on HWM shares. Bank of America raised their price objective on Howmet Aerospace from $185.00 to $215.00 and gave the company a “buy” rating in a research note on Tuesday, August 5th. Vertical Research reiterated a “buy” rating on shares of Howmet Aerospace in a research report on Thursday, July 31st. Zacks Research downgraded shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. Truist Financial lifted their price target on shares of Howmet Aerospace from $161.00 to $192.00 and gave the stock a “buy” rating in a research note on Thursday, June 12th. Finally, Barclays reissued an “overweight” rating and issued a $190.00 price objective (up from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. Fourteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $175.50.

Howmet Aerospace Stock Performance

Shares of NYSE:HWM opened at $189.41 on Friday. The firm’s 50 day simple moving average is $182.33 and its 200-day simple moving average is $165.97. 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 Inc. has a one year low of $98.83 and a one year high of $198.48. The firm has a market cap of $76.36 billion, a PE ratio of 55.38, a price-to-earnings-growth ratio of 2.45 and a beta of 1.45.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04. The firm had revenue of $2.05 billion during 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%.Howmet Aerospace’s quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.67 earnings per share. 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, equities analysts predict that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be paid a dividend of $0.12 per share. The ex-dividend date is Friday, November 7th. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. Howmet Aerospace’s dividend payout ratio (DPR) is currently 14.04%.

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.