Nisa Investment Advisors LLC Raises Stake in Howmet Aerospace Inc. $HWM

Nisa Investment Advisors LLC raised its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 39.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 106,415 shares of the company’s stock after purchasing an additional 30,174 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Howmet Aerospace were worth $20,882,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. Brighton Jones LLC increased its position in Howmet Aerospace by 5.4% in the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after acquiring an additional 130 shares during the period. Focus Partners Wealth grew its stake in shares of Howmet Aerospace by 12.5% in the 1st quarter. Focus Partners Wealth now owns 17,351 shares of the company’s stock valued at $2,251,000 after purchasing an additional 1,928 shares during the last quarter. Belpointe Asset Management LLC acquired a new position in shares of Howmet Aerospace in the first quarter valued at approximately $217,000. Geneos Wealth Management Inc. raised its stake in shares of Howmet Aerospace by 10.2% during the first quarter. Geneos Wealth Management Inc. now owns 12,079 shares of the company’s stock worth $1,567,000 after purchasing an additional 1,119 shares during the last quarter. Finally, Acadian Asset Management LLC purchased a new stake in shares of Howmet Aerospace during the first quarter worth approximately $399,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Price Performance

HWM stock opened at $218.24 on Friday. The firm has a 50 day moving average of $203.35 and a 200-day moving average of $191.40. The company has a market cap of $87.75 billion, a price-to-earnings ratio of 61.30, a PEG ratio of 2.00 and a beta of 1.29. 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 Inc. has a 12-month low of $105.04 and a 12-month high of $219.39.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.95 earnings per share 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 29.21% and a net margin of 18.18%.Howmet Aerospace’s quarterly revenue was up 13.8% on a year-over-year basis. During the same period last year, the business posted $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. As a group, equities analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on HWM shares. The Goldman Sachs Group lifted their price objective on shares of Howmet Aerospace from $205.00 to $226.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Susquehanna set a $235.00 target price on shares of Howmet Aerospace and gave the company a “positive” rating in a report on Friday, October 31st. BNP Paribas upgraded shares of Howmet Aerospace to a “strong-buy” rating in a research note on Tuesday, November 18th. JPMorgan Chase & Co. increased their price target on shares of Howmet Aerospace from $190.00 to $227.00 and gave the stock an “overweight” rating in a report on Monday, November 10th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Howmet Aerospace in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and a consensus price target of $222.82.

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.