WBI Investments LLC Purchases 800 Shares of Howmet Aerospace Inc. $HWM

WBI Investments LLC increased its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 13.2% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,858 shares of the company’s stock after purchasing an additional 800 shares during the quarter. WBI Investments LLC’s holdings in Howmet Aerospace were worth $1,276,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HWM. Pinpoint Asset Management Ltd raised its stake 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 last quarter. Atlantic Union Bankshares Corp acquired a new stake in Howmet Aerospace during the 2nd quarter valued at $32,000. Hemington Wealth Management raised its position in Howmet Aerospace by 46.6% in the 1st quarter. Hemington Wealth Management now owns 255 shares of the company’s stock valued at $33,000 after purchasing an additional 81 shares during the last quarter. Rise Advisors LLC raised its position in Howmet Aerospace by 32.4% in the 1st quarter. Rise Advisors LLC now owns 270 shares of the company’s stock valued at $35,000 after purchasing an additional 66 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its stake in Howmet Aerospace by 100.7% in the first 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 currently owned by institutional investors and hedge funds.

Howmet Aerospace Stock Down 1.5%

Shares of NYSE HWM opened at $200.16 on Tuesday. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $80.48 billion, a PE ratio of 58.53, a price-to-earnings-growth ratio of 2.64 and a beta of 1.47. The firm’s 50-day moving average is $195.12 and its 200-day moving average is $181.78. Howmet Aerospace Inc. has a 1 year low of $105.04 and a 1 year high of $211.95.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data 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. The firm had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.04 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The business’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same period last year, the firm earned $0.81 earnings per share. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. Equities analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Announces Dividend

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

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Zacks Research lowered Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. Morgan Stanley set a $225.00 target price on shares of Howmet Aerospace and gave the stock an “overweight” rating in a research note on Friday, October 31st. The Goldman Sachs Group upped their target price on shares of Howmet Aerospace from $205.00 to $226.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Barclays reissued an “overweight” rating and set a $190.00 price target (up from $140.00) on shares of Howmet Aerospace in a research note on Monday, August 4th. Finally, Royal Bank Of Canada boosted their price objective on shares of Howmet Aerospace from $210.00 to $235.00 and gave the stock an “outperform” rating in a research report on Friday, October 31st. Fourteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and a consensus target price 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.