Banque Transatlantique SA Increases Stock Position in Howmet Aerospace Inc. $HWM

Banque Transatlantique SA raised its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 16.4% in the 2nd quarter, Holdings Channel reports. The firm owned 124,279 shares of the company’s stock after acquiring an additional 17,470 shares during the period. Howmet Aerospace makes up 0.6% of Banque Transatlantique SA’s investment portfolio, making the stock its 29th largest holding. Banque Transatlantique SA’s holdings in Howmet Aerospace were worth $23,226,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in HWM. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Howmet Aerospace by 4.3% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,491 shares of the company’s stock valued at $278,000 after buying an additional 61 shares during the last quarter. Venturi Wealth Management LLC raised its holdings in shares of Howmet Aerospace by 3.1% during the 2nd quarter. Venturi Wealth Management LLC now owns 2,093 shares of the company’s stock worth $390,000 after acquiring an additional 62 shares in the last quarter. Rise Advisors LLC boosted its position in shares of 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 acquiring an additional 66 shares during the last quarter. Hemington Wealth Management boosted its position in shares of Howmet Aerospace by 25.9% during the 2nd quarter. Hemington Wealth Management now owns 321 shares of the company’s stock valued at $59,000 after acquiring an additional 66 shares during the last quarter. Finally, Private Trust Co. NA grew its holdings in shares of Howmet Aerospace by 10.5% in the second quarter. Private Trust Co. NA now owns 744 shares of the company’s stock valued at $139,000 after purchasing an additional 71 shares in the last quarter. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Price Performance

HWM stock opened at $198.29 on Friday. The stock has a market cap of $79.72 billion, a PE ratio of 55.70, a P/E/G ratio of 2.25 and a beta of 1.32. Howmet Aerospace Inc. has a 12 month low of $105.04 and a 12 month high of $211.95. The company has a 50-day moving average price of $198.40 and a 200 day moving average price of $186.49. The company has a current ratio of 2.35, a quick ratio of 1.14 and a debt-to-equity ratio of 0.63.

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, topping the consensus estimate of $0.91 by $0.04. Howmet Aerospace had a net margin of 18.18% and a return on equity of 29.21%. The business had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same quarter last year, the firm earned $0.81 earnings per share. The firm’s quarterly revenue 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 and its Q4 2025 guidance at 0.940-0.960 EPS. Equities research analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on HWM. UBS Group upped their price target on shares of Howmet Aerospace from $199.00 to $209.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. Weiss Ratings restated a “buy (b)” rating on shares of Howmet Aerospace in a report on Wednesday, October 8th. BNP Paribas Exane started coverage on shares of Howmet Aerospace in a report on Tuesday, November 18th. They issued an “outperform” rating and a $240.00 price target for the company. Susquehanna set a $235.00 price target on Howmet Aerospace and gave the stock a “positive” rating in a research report on Friday, October 31st. Finally, The Goldman Sachs Group upped their price objective on Howmet Aerospace from $205.00 to $226.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $218.75.

Howmet Aerospace 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.