Allspring Global Investments Holdings LLC Sells 38,525 Shares of Howmet Aerospace Inc. $HWM

Allspring Global Investments Holdings LLC reduced its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 7.5% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 474,576 shares of the company’s stock after selling 38,525 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.12% of Howmet Aerospace worth $83,630,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. REAP Financial Group LLC lifted its position in Howmet Aerospace by 101.9% during the second quarter. REAP Financial Group LLC now owns 212 shares of the company’s stock valued at $39,000 after purchasing an additional 107 shares during the last quarter. AdvisorNet Financial Inc grew its position in Howmet Aerospace by 2,433.3% in the second quarter. AdvisorNet Financial Inc now owns 228 shares of the company’s stock worth $42,000 after acquiring an additional 219 shares in the last quarter. Pinpoint Asset Management Ltd increased its stake in Howmet Aerospace by 42.8% in the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock valued at $31,000 after acquiring an additional 71 shares during the last quarter. Hemington Wealth Management raised its position in Howmet Aerospace by 46.6% during the first quarter. Hemington Wealth Management now owns 255 shares of the company’s stock valued at $33,000 after purchasing an additional 81 shares in the last quarter. Finally, Rise Advisors LLC lifted its stake 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 last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Trading Up 3.2%

Shares of HWM opened at $190.04 on Tuesday. The stock has a market capitalization of $76.61 billion, a P/E ratio of 55.57, a PEG ratio of 2.39 and a beta of 1.45. Howmet Aerospace Inc. has a twelve month low of $98.83 and a twelve month 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. The firm has a fifty day simple moving average of $182.75 and a two-hundred day simple moving average of $168.55.

Howmet Aerospace (NYSE:HWM) last issued 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. The firm had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.99 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The company’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.67 earnings per share. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. On average, research analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be given 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 is Friday, November 7th. Howmet Aerospace’s dividend payout ratio (DPR) is currently 14.04%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on HWM. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Royal Bank Of Canada reissued an “outperform” rating on shares of Howmet Aerospace in a research note on Monday, June 30th. Zacks Research lowered shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th. JPMorgan Chase & Co. lifted their target price 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. Finally, BTIG Research set a $205.00 price target on shares of Howmet Aerospace and gave the company a “buy” rating in a research report on Monday, August 4th. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $176.21.

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.