SBI Securities Co. Ltd. Has $335,000 Holdings in Howmet Aerospace Inc. $HWM

SBI Securities Co. Ltd. increased its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 21.4% during the second quarter, HoldingsChannel.com reports. The fund owned 1,801 shares of the company’s stock after purchasing an additional 317 shares during the period. SBI Securities Co. Ltd.’s holdings in Howmet Aerospace were worth $335,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Ironwood Investment Counsel LLC acquired a new stake in Howmet Aerospace during the second quarter worth about $270,000. National Pension Service lifted its position in shares of Howmet Aerospace by 108.4% in the 2nd quarter. National Pension Service now owns 1,214,442 shares of the company’s stock worth $226,044,000 after acquiring an additional 631,559 shares during the period. CENTRAL TRUST Co grew its holdings in shares of Howmet Aerospace by 22.6% during the 2nd quarter. CENTRAL TRUST Co now owns 7,363 shares of the company’s stock worth $1,370,000 after purchasing an additional 1,357 shares in the last quarter. Vise Technologies Inc. bought a new stake in shares of Howmet Aerospace during the second quarter valued at approximately $3,696,000. Finally, Allworth Financial LP raised its stake in shares of Howmet Aerospace by 149.4% in the second quarter. Allworth Financial LP now owns 7,318 shares of the company’s stock valued at $1,362,000 after purchasing an additional 4,384 shares in the last quarter. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Stock Up 0.8%

NYSE HWM opened at $203.00 on Friday. The stock’s 50 day simple moving average is $194.70 and its 200 day simple moving average is $180.81. Howmet Aerospace Inc. has a one year low of $105.04 and a one year high of $211.95. The firm has a market cap of $81.62 billion, a PE ratio of 59.36, a price-to-earnings-growth ratio of 2.64 and a beta of 1.47. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.04. The firm had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.04 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The business’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.81 EPS. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. As a group, sell-side analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 25th. Investors of record on Friday, November 7th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, November 7th. This represents a $0.48 annualized dividend and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is 13.48%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on HWM shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a research note on Wednesday, October 8th. Barclays restated an “overweight” rating and set a $190.00 price target (up previously from $140.00) on shares of Howmet Aerospace in a research note on Monday, August 4th. Vertical Research reiterated a “buy” rating on shares of Howmet Aerospace in a research note on Thursday, July 31st. Royal Bank Of Canada increased their target price on Howmet Aerospace from $210.00 to $235.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. Finally, Cowen reaffirmed a “buy” rating on shares of Howmet Aerospace in a research note on Friday, October 31st. Fourteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and a consensus price target of $215.29.

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.