FIDELIS iM LLC acquired a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,078 shares of the company’s stock, valued at approximately $201,000. Howmet Aerospace makes up about 0.1% of FIDELIS iM LLC’s investment portfolio, making the stock its 22nd biggest position.
A number of other hedge funds have also recently bought and sold shares of HWM. JPMorgan Chase & Co. grew its stake in Howmet Aerospace by 21.1% during the 1st quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company’s stock valued at $3,171,970,000 after purchasing an additional 4,252,401 shares in the last quarter. Nuveen LLC acquired a new stake in Howmet Aerospace during the 1st quarter valued at approximately $366,209,000. Westfield Capital Management Co. LP acquired a new stake in Howmet Aerospace during the 1st quarter valued at approximately $147,251,000. Goldman Sachs Group Inc. grew its position in shares of Howmet Aerospace by 58.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,094,971 shares of the company’s stock worth $271,781,000 after acquiring an additional 771,271 shares in the last quarter. Finally, Menora Mivtachim Holdings LTD. acquired a new position in shares of Howmet Aerospace in the 1st quarter worth approximately $93,529,000. Institutional investors and hedge funds own 90.46% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have recently commented on HWM. Morgan Stanley lifted their target price on Howmet Aerospace from $170.00 to $210.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a research report on Wednesday, October 8th. Vertical Research reiterated a “buy” rating on shares of Howmet Aerospace in a research report on Thursday, July 31st. JPMorgan Chase & Co. lifted their target price on Howmet Aerospace from $150.00 to $190.00 and gave the stock an “overweight” rating in a research report on Monday, August 4th. Finally, Zacks Research lowered Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. Fourteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and an average target price of $176.21.
Howmet Aerospace Stock Down 2.6%
Shares of Howmet Aerospace stock opened at $183.97 on Monday. Howmet Aerospace Inc. has a 12-month low of $98.83 and a 12-month high of $198.48. The firm has a market capitalization of $74.16 billion, a PE ratio of 53.79, a price-to-earnings-growth ratio of 2.39 and a beta of 1.45. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65. The stock’s fifty day moving average is $182.56 and its 200-day moving average is $168.13.
Howmet Aerospace (NYSE:HWM – Get Free Report) last announced its earnings results 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 return on equity of 28.17% and a net margin of 18.09%.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 prior year, the business posted $0.67 earnings per share. Howmet Aerospace’s revenue 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 earnings per share for the current year.
Howmet Aerospace Dividend Announcement
The business also recently announced 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. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, November 7th. Howmet Aerospace’s dividend payout ratio is currently 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.
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