Three Seasons Wealth LLC Takes Position in Howmet Aerospace Inc. $HWM

Three Seasons Wealth LLC acquired a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) during the third quarter, HoldingsChannel.com reports. The firm acquired 3,077 shares of the company’s stock, valued at approximately $604,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HWM. Thurston Springer Miller Herd & Titak Inc. grew 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 valued at $278,000 after buying an additional 61 shares in the last quarter. Venturi Wealth Management LLC boosted its position 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 valued at $390,000 after acquiring an additional 62 shares during the last quarter. Rise Advisors LLC grew its holdings in shares of Howmet Aerospace by 32.4% in the first 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 period. Hemington Wealth Management increased its position in Howmet Aerospace by 25.9% during the second quarter. Hemington Wealth Management now owns 321 shares of the company’s stock worth $59,000 after purchasing an additional 66 shares during the last quarter. Finally, Private Trust Co. NA raised its stake in Howmet Aerospace by 10.5% during the second quarter. Private Trust Co. NA now owns 744 shares of the company’s stock worth $139,000 after purchasing an additional 71 shares during the period. Institutional investors and hedge funds own 90.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on HWM shares. TD Cowen increased their price target on shares of Howmet Aerospace from $210.00 to $240.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Royal Bank Of Canada upped their price objective on Howmet Aerospace from $210.00 to $235.00 and gave the company an “outperform” rating in a report on Friday, October 31st. BNP Paribas Exane began coverage on Howmet Aerospace in a research note on Tuesday, November 18th. They set an “outperform” rating and a $240.00 target price for the company. Industrial Alliance Securities set a $240.00 target price on Howmet Aerospace in a research report on Monday, November 3rd. Finally, BTIG Research increased their price target on Howmet Aerospace from $205.00 to $240.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Howmet Aerospace currently has an average rating of “Moderate Buy” and a consensus target price of $218.75.

Howmet Aerospace Stock Down 0.4%

NYSE:HWM opened at $211.30 on Monday. Howmet Aerospace Inc. has a 52 week low of $105.04 and a 52 week high of $212.52. The stock’s fifty day moving average is $201.13 and its two-hundred day moving average is $188.96. The stock has a market capitalization of $84.95 billion, a price-to-earnings ratio of 59.35, a price-to-earnings-growth ratio of 2.42 and a beta of 1.32. The company has a quick ratio of 1.14, a current ratio of 2.35 and a debt-to-equity ratio of 0.63.

Howmet Aerospace (NYSE:HWM) last posted 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. Howmet Aerospace had a return on equity of 29.21% and a net margin of 18.18%.The firm had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.04 billion. During the same quarter in the previous year, the business earned $0.81 EPS. The company’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. Research 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 paid a $0.12 dividend. The ex-dividend date of this dividend was Friday, November 7th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is presently 13.48%.

About Howmet Aerospace

Howmet Aerospace Inc is an industrial technology company that designs, manufactures and repairs engineered metal products for the aerospace, transportation and industrial markets. Its product portfolio includes precision castings and forgings, engineered fasteners, seamless rolled rings, and complex components for turbine engines, airframes and industrial gas turbines. The company also provides aftermarket services such as component repair, overhaul and parts distribution to support the operating fleet of commercial and military customers.

Howmet serves a global customer base of original equipment manufacturers (OEMs) and aftermarket operators, with manufacturing, service and distribution facilities across North America, Europe and Asia.