Merit Financial Group LLC Acquires 4,195 Shares of Howmet Aerospace Inc. $HWM

Merit Financial Group LLC increased its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 31.9% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 17,344 shares of the company’s stock after purchasing an additional 4,195 shares during the period. Merit Financial Group LLC’s holdings in Howmet Aerospace were worth $3,228,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Pinpoint Asset Management Ltd grew its holdings in 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 purchasing an additional 71 shares during the period. Hemington Wealth Management grew its holdings in Howmet Aerospace by 46.6% during the first 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. GPS Wealth Strategies Group LLC grew its holdings in Howmet Aerospace by 114.6% during the first quarter. GPS Wealth Strategies Group LLC now owns 264 shares of the company’s stock worth $34,000 after purchasing an additional 141 shares during the period. Rise Advisors LLC grew its holdings in Howmet Aerospace by 32.4% during 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 period. Finally, Annis Gardner Whiting Capital Advisors LLC grew its holdings 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 worth $36,000 after purchasing an additional 140 shares during the period. Institutional investors own 90.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on HWM shares. Truist Financial boosted their price objective on Howmet Aerospace from $161.00 to $192.00 and gave the stock a “buy” rating in a report on Thursday, June 12th. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Morgan Stanley boosted their price objective on Howmet Aerospace from $170.00 to $210.00 and gave the stock an “overweight” rating in a report on Thursday, July 17th. BTIG Research set a $205.00 price objective on Howmet Aerospace and gave the stock a “buy” rating in a report on Monday, August 4th. Finally, Susquehanna boosted their price objective on Howmet Aerospace from $170.00 to $210.00 and gave the stock a “positive” rating in a report on Monday, July 14th. Fourteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $175.50.

Howmet Aerospace Stock Up 0.4%

Shares of HWM opened at $191.26 on Wednesday. Howmet Aerospace Inc. has a one year low of $98.83 and a one year high of $198.48. The company has a market cap of $77.10 billion, a P/E ratio of 55.92, a P/E/G ratio of 2.47 and a beta of 1.45. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08. The firm has a 50 day simple moving average of $182.42 and a two-hundred day simple moving average of $166.80.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.91 EPS 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 business had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.99 billion. During the same period in the previous year, the business earned $0.67 earnings per share. The company’s revenue 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 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be issued 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 is 14.04%.

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.