REAP Financial Group LLC Grows Holdings in Howmet Aerospace Inc. $HWM

REAP Financial Group LLC raised its position in Howmet Aerospace Inc. (NYSE:HWMFree Report) by 101.9% in the second quarter, Holdings Channel reports. The institutional investor owned 212 shares of the company’s stock after purchasing an additional 107 shares during the period. REAP Financial Group LLC’s holdings in Howmet Aerospace were worth $39,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of Howmet Aerospace by 1.5% during the first quarter. Vanguard Group Inc. now owns 47,813,262 shares of the company’s stock worth $6,202,814,000 after purchasing an additional 695,953 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Howmet Aerospace by 21.1% during the first quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company’s stock worth $3,171,970,000 after purchasing an additional 4,252,401 shares in the last quarter. Invesco Ltd. increased its stake in shares of Howmet Aerospace by 8.3% during the first quarter. Invesco Ltd. now owns 7,315,238 shares of the company’s stock worth $949,006,000 after purchasing an additional 563,109 shares in the last quarter. Northern Trust Corp increased its stake in shares of Howmet Aerospace by 1.3% during the first quarter. Northern Trust Corp now owns 3,722,871 shares of the company’s stock worth $482,968,000 after purchasing an additional 45,963 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of Howmet Aerospace by 6.1% during the first quarter. Ameriprise Financial Inc. now owns 3,589,432 shares of the company’s stock worth $465,666,000 after purchasing an additional 206,397 shares in the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on HWM shares. Barclays reissued an “overweight” rating and set a $190.00 target price (up previously from $140.00) on shares of Howmet Aerospace in a research note on Monday, August 4th. BTIG Research set a $205.00 target price on shares of Howmet Aerospace and gave the stock a “buy” rating in a research note on Monday, August 4th. Wall Street Zen upgraded shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Susquehanna boosted their price target on shares of Howmet Aerospace from $170.00 to $210.00 and gave the stock a “positive” rating in a research report on Monday, July 14th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Howmet Aerospace from $150.00 to $190.00 and gave the stock an “overweight” rating in a research report on Monday, August 4th. Fourteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Howmet Aerospace currently has an average rating of “Moderate Buy” and an average target price of $175.50.

Check Out Our Latest Report on Howmet Aerospace

Howmet Aerospace Stock Performance

NYSE:HWM opened at $191.59 on Thursday. 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 market capitalization of $77.24 billion, a price-to-earnings ratio of 56.02, a PEG ratio of 2.48 and a beta of 1.45. The company’s 50-day moving average is $182.40 and its two-hundred day moving average is $166.97. Howmet Aerospace Inc. has a 1-year low of $98.83 and a 1-year high of $198.48.

Howmet Aerospace (NYSE:HWMGet Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.04. The company had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.99 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. Howmet Aerospace’s revenue was up 9.2% on a year-over-year basis. During the same period in the previous year, the business 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. Analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current 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 paid 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 payout ratio is 14.04%.

Howmet Aerospace Company 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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