Howmet Aerospace Inc. $HWM Holdings Reduced by Zions Bancorporation National Association UT

Zions Bancorporation National Association UT lowered its position in Howmet Aerospace Inc. (NYSE:HWM) by 27.6% during the 2nd quarter, Holdings Channel.com reports. The firm owned 1,464 shares of the company’s stock after selling 558 shares during the quarter. Zions Bancorporation National Association UT’s holdings in Howmet Aerospace were worth $272,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in HWM. Thurston Springer Miller Herd & Titak Inc. raised its stake in Howmet Aerospace by 4.3% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,491 shares of the company’s stock valued at $278,000 after acquiring an additional 61 shares in the last quarter. Venturi Wealth Management LLC grew its position in Howmet Aerospace by 3.1% in the 2nd quarter. Venturi Wealth Management LLC now owns 2,093 shares of the company’s stock valued at $390,000 after buying an additional 62 shares in the last quarter. Rise Advisors LLC increased its stake 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 buying an additional 66 shares during the period. Hemington Wealth Management raised 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 worth $59,000 after buying an additional 66 shares in the last quarter. Finally, Pinpoint Asset Management Ltd boosted its holdings in shares of Howmet Aerospace by 42.8% in the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock valued at $31,000 after acquiring an additional 71 shares in the last quarter. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Performance

Shares of Howmet Aerospace stock opened at $209.66 on Tuesday. Howmet Aerospace Inc. has a 12 month low of $105.04 and a 12 month high of $211.95. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65. The stock has a market cap of $84.30 billion, a PE ratio of 61.30, a price-to-earnings-growth ratio of 2.64 and a beta of 1.47. The business has a fifty day simple moving average of $192.44 and a 200-day simple moving average of $179.51.

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 return on equity of 28.17% and a net margin of 18.09%.The firm had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same period in the prior year, the business earned $0.81 EPS. The business’s revenue for the quarter was up 13.8% on a year-over-year basis. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. On average, sell-side analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Investors of record on Friday, November 7th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is 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%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on HWM shares. Bank of America upped their target price on Howmet Aerospace from $185.00 to $215.00 and gave the stock a “buy” rating in a research report on Tuesday, August 5th. Wall Street Zen raised shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. TD Cowen boosted their target price on shares of Howmet Aerospace from $210.00 to $240.00 and gave the stock a “buy” rating in a report on Friday, October 31st. The Goldman Sachs Group lifted their price target on shares of Howmet Aerospace from $205.00 to $226.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Finally, Barclays restated an “overweight” rating and issued a $190.00 target price (up from $140.00) on shares of Howmet Aerospace in a report on Monday, August 4th. Fourteen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $212.79.

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.