Howmet Aerospace Inc. $HWM Shares Sold by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System reduced its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 2.3% during the second quarter, HoldingsChannel reports. The firm owned 21,300 shares of the company’s stock after selling 500 shares during the quarter. Louisiana State Employees Retirement System’s holdings in Howmet Aerospace were worth $3,965,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Venturi Wealth Management LLC lifted its position in shares of Howmet Aerospace by 3.1% during the second quarter. Venturi Wealth Management LLC now owns 2,093 shares of the company’s stock worth $390,000 after purchasing an additional 62 shares in the last quarter. Shell Asset Management Co. raised its holdings in Howmet Aerospace by 135.6% in the second quarter. Shell Asset Management Co. now owns 12,420 shares of the company’s stock valued at $2,312,000 after acquiring an additional 7,148 shares in the last quarter. MADDEN SECURITIES Corp acquired a new stake in Howmet Aerospace in the second quarter valued at $1,303,000. SteelPeak Wealth LLC raised its holdings in Howmet Aerospace by 15.6% in the second quarter. SteelPeak Wealth LLC now owns 10,602 shares of the company’s stock valued at $1,973,000 after acquiring an additional 1,434 shares in the last quarter. Finally, Elm3 Financial Group LLC raised its holdings in Howmet Aerospace by 7.4% in the second quarter. Elm3 Financial Group LLC now owns 9,015 shares of the company’s stock valued at $1,678,000 after acquiring an additional 621 shares in the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

Howmet Aerospace Stock Up 0.1%

Shares of NYSE:HWM opened at $191.59 on Thursday. 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 1-year low of $98.83 and a 1-year high of $198.48. The company’s fifty day moving average is $182.40 and its two-hundred day moving average is $166.97. The stock has a market capitalization of $77.24 billion, a price-to-earnings ratio of 56.02, a price-to-earnings-growth ratio of 2.48 and a beta of 1.45.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $1.99 billion. During the same quarter last year, the company earned $0.67 EPS. The company’s revenue for the quarter was up 9.2% compared to the same quarter last year. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. Equities analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Dividend Announcement

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

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a report on Wednesday. Morgan Stanley upped their price target on shares of Howmet Aerospace from $170.00 to $210.00 and gave the company an “overweight” rating in a report on Thursday, July 17th. BTIG Research set a $205.00 price target on shares of Howmet Aerospace and gave the company a “buy” rating in a report on Monday, August 4th. Susquehanna increased their target price on shares of Howmet Aerospace from $170.00 to $210.00 and gave the stock a “positive” rating in a report on Monday, July 14th. Finally, JPMorgan Chase & Co. increased their target price on shares of Howmet Aerospace from $150.00 to $190.00 and gave the stock an “overweight” rating in a 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. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $175.50.

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.