Burney Co. Has $21.92 Million Stock Holdings in Howmet Aerospace Inc. $HWM

Burney Co. raised its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 11.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 117,778 shares of the company’s stock after purchasing an additional 11,734 shares during the period. Burney Co.’s holdings in Howmet Aerospace were worth $21,922,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Interchange Capital Partners LLC acquired a new position in Howmet Aerospace during the second quarter valued at approximately $39,000. REAP Financial Group LLC boosted its position in shares of Howmet Aerospace by 101.9% in the second quarter. REAP Financial Group LLC now owns 212 shares of the company’s stock valued at $39,000 after acquiring an additional 107 shares during the period. AdvisorNet Financial Inc boosted its position in shares of Howmet Aerospace by 2,433.3% in the second quarter. AdvisorNet Financial Inc now owns 228 shares of the company’s stock valued at $42,000 after acquiring an additional 219 shares during the period. Pinpoint Asset Management Ltd boosted its position in shares of 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 period. Finally, Hemington Wealth Management boosted its position in shares of Howmet Aerospace by 46.6% in the first quarter. Hemington Wealth Management now owns 255 shares of the company’s stock valued at $33,000 after acquiring an additional 81 shares during the period. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Stock Performance

Howmet Aerospace stock opened at $206.47 on Monday. The stock has a 50-day simple moving average of $188.59 and a 200 day simple moving average of $176.08. 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 Inc. has a 12-month low of $99.10 and a 12-month high of $211.95. The stock has a market capitalization of $83.23 billion, a price-to-earnings ratio of 60.37, a P/E/G ratio of 2.64 and a beta of 1.45.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 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 $2.09 billion during the quarter, compared to analysts’ expectations of $2.04 billion. During the same period in the previous year, the business posted $0.81 earnings per share. The firm’s revenue for the quarter was up 13.8% compared to the same quarter last year. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. On average, research analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The firm also recently declared 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 0.2%. The ex-dividend date of this dividend is Friday, November 7th. Howmet Aerospace’s payout ratio is currently 13.48%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on HWM shares. Cowen reissued a “buy” rating on shares of Howmet Aerospace in a research report on Friday. JPMorgan Chase & Co. increased their price objective on Howmet Aerospace from $150.00 to $190.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. Royal Bank Of Canada increased their price objective on Howmet Aerospace from $210.00 to $235.00 and gave the company an “outperform” rating in a research report on Friday. Weiss Ratings reissued a “buy (b)” rating on shares of Howmet Aerospace in a research report on Wednesday, October 8th. Finally, BTIG Research set a $205.00 price objective on Howmet Aerospace and gave the company a “buy” rating in a research report on Monday, August 4th. Fifteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $194.57.

Howmet Aerospace Company 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.