HB Wealth Management LLC Sells 204 Shares of Howmet Aerospace Inc. $HWM

HB Wealth Management LLC cut its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 2.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,450 shares of the company’s stock after selling 204 shares during the quarter. HB Wealth Management LLC’s holdings in Howmet Aerospace were worth $1,387,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in HWM. Brighton Jones LLC lifted 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 in the last quarter. Wellington Management Group LLP lifted its position in Howmet Aerospace by 236.6% in the 4th quarter. Wellington Management Group LLP now owns 9,816 shares of the company’s stock valued at $1,074,000 after acquiring an additional 6,900 shares in the last quarter. NBC Securities Inc. raised its stake in Howmet Aerospace by 136,700.0% during the 1st quarter. NBC Securities Inc. now owns 1,368 shares of the company’s stock valued at $177,000 after buying an additional 1,367 shares during the last quarter. Merit Financial Group LLC raised its stake in Howmet Aerospace by 66.3% during the 1st quarter. Merit Financial Group LLC now owns 13,149 shares of the company’s stock valued at $1,706,000 after buying an additional 5,241 shares during the last quarter. Finally, Fulton Bank N.A. purchased a new stake in Howmet Aerospace during the 1st quarter valued at $389,000. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Trading Down 1.9%

NYSE:HWM opened at $191.11 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08. The firm has a market capitalization of $77.04 billion, a price-to-earnings ratio of 55.88, a price-to-earnings-growth ratio of 2.52 and a beta of 1.45. Howmet Aerospace Inc. has a one year low of $98.83 and a one year high of $198.48. The business has a fifty day moving average price of $182.33 and a 200-day moving average price of $165.31.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.87 by $0.04. The firm had revenue of $2.05 billion during the quarter, compared to analyst estimates of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.Howmet Aerospace’s revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.67 EPS. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. Sell-side analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Friday, November 7th. Howmet Aerospace’s dividend payout ratio is presently 14.04%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on HWM shares. JPMorgan Chase & Co. boosted their target price on shares of Howmet Aerospace from $150.00 to $190.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. Truist Financial boosted their target price on shares of Howmet Aerospace from $161.00 to $192.00 and gave the company a “buy” rating in a research note on Thursday, June 12th. Zacks Research lowered shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. BTIG Research set a $205.00 target price on shares of Howmet Aerospace and gave the company a “buy” rating in a research note on Monday, August 4th. Finally, Bank of America boosted their target price on shares of Howmet Aerospace from $185.00 to $215.00 and gave the company a “buy” rating in a research note on Tuesday, August 5th. Thirteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $175.50.

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.