Howmet Aerospace Inc. $HWM Shares Sold by Menora Mivtachim Holdings LTD.

Menora Mivtachim Holdings LTD. lessened its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 17.4% during the second quarter, HoldingsChannel reports. The firm owned 595,450 shares of the company’s stock after selling 125,500 shares during the period. Menora Mivtachim Holdings LTD.’s holdings in Howmet Aerospace were worth $110,831,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Howmet Aerospace by 4.3% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,491 shares of the company’s stock worth $278,000 after acquiring an additional 61 shares during the period. Venturi Wealth Management LLC grew its holdings in Howmet Aerospace by 3.1% during the 2nd quarter. Venturi Wealth Management LLC now owns 2,093 shares of the company’s stock valued at $390,000 after purchasing an additional 62 shares in the last quarter. Rise Advisors LLC grew its holdings in Howmet Aerospace by 32.4% during 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 in the last quarter. Hemington Wealth Management increased its stake in Howmet Aerospace by 25.9% during the 2nd quarter. Hemington Wealth Management now owns 321 shares of the company’s stock worth $59,000 after buying an additional 66 shares during the period. Finally, Private Trust Co. NA lifted its holdings in Howmet Aerospace by 10.5% in the 2nd quarter. Private Trust Co. NA now owns 744 shares of the company’s stock worth $139,000 after buying an additional 71 shares in the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Stock Down 1.1%

Shares of NYSE:HWM opened at $191.48 on Wednesday. The company’s fifty day moving average is $198.18 and its two-hundred day moving average is $186.15. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.14 and a current ratio of 2.35. Howmet Aerospace Inc. has a 1-year low of $105.04 and a 1-year high of $211.95. The stock has a market capitalization of $76.98 billion, a price-to-earnings ratio of 53.79, a price-to-earnings-growth ratio of 2.22 and a beta of 1.32.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. The business had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.04 billion. Howmet Aerospace had a net margin of 18.18% and a return on equity of 29.21%. The company’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.81 EPS. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS and its Q4 2025 guidance at 0.940-0.960 EPS. Equities analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th were given a dividend of $0.12 per share. The ex-dividend date was Friday, November 7th. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. Howmet Aerospace’s payout ratio is currently 13.48%.

Analyst Ratings Changes

HWM has been the topic of a number of analyst reports. The Goldman Sachs Group lifted their target price on Howmet Aerospace from $205.00 to $226.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Bank of America increased their target price on Howmet Aerospace from $215.00 to $250.00 and gave the company a “buy” rating in a research note on Friday, November 14th. UBS Group lifted their price target on shares of Howmet Aerospace from $199.00 to $209.00 and gave the stock a “neutral” rating in a research note on Friday, October 31st. BTIG Research increased their price objective on shares of Howmet Aerospace from $205.00 to $240.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Finally, BNP Paribas raised shares of Howmet Aerospace to a “strong-buy” rating in a research report on Tuesday, November 18th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $216.93.

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.