Blue Trust Inc. cut its holdings in Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 19.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,983 shares of the company’s stock after selling 709 shares during the period. Blue Trust Inc.’s holdings in Howmet Aerospace were worth $555,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently bought and sold shares of HWM. Pinpoint Asset Management Ltd boosted its holdings in Howmet Aerospace by 42.8% in the 1st quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock worth $31,000 after buying an additional 71 shares during the period. Hemington Wealth Management lifted its stake in Howmet Aerospace by 46.6% in the 1st quarter. Hemington Wealth Management now owns 255 shares of the company’s stock worth $33,000 after purchasing an additional 81 shares in the last quarter. GPS Wealth Strategies Group LLC lifted its stake in Howmet Aerospace by 114.6% in the 1st quarter. GPS Wealth Strategies Group LLC now owns 264 shares of the company’s stock worth $34,000 after purchasing an additional 141 shares in the last quarter. Rise Advisors LLC lifted its stake 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 lifted its stake 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 institutional investors.
Analyst Upgrades and Downgrades
Several analysts have issued reports on HWM shares. Susquehanna increased their target price on shares of Howmet Aerospace from $210.00 to $220.00 and gave the stock a “positive” rating in a research note on Thursday. Royal Bank Of Canada reiterated an “outperform” rating on shares of Howmet Aerospace in a research note on Monday, June 30th. Bank of America raised their price objective on shares of Howmet Aerospace from $185.00 to $215.00 and gave the company a “buy” rating in a research report on Tuesday, August 5th. Morgan Stanley raised their price objective on shares of Howmet Aerospace from $170.00 to $210.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Howmet Aerospace from $150.00 to $190.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. Fourteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $176.21.
Howmet Aerospace Price Performance
Shares of NYSE:HWM opened at $183.97 on Monday. The stock has a market cap of $74.16 billion, a PE ratio of 53.79, a PEG ratio of 2.39 and a beta of 1.45. The company’s fifty day moving average is $182.56 and its 200 day moving average is $168.13. Howmet Aerospace Inc. has a 52 week low of $98.83 and a 52 week high of $198.48. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65.
Howmet Aerospace (NYSE:HWM – Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04. The company had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $1.99 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The firm’s revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the company earned $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. Research analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.
Howmet Aerospace Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders 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 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%.
About Howmet Aerospace
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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