Howmet Aerospace Inc. $HWM Shares Sold by Munro Partners

Munro Partners lowered its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 58.3% during the third quarter, Holdings Channel.com reports. The firm owned 58,688 shares of the company’s stock after selling 82,202 shares during the period. Munro Partners’ holdings in Howmet Aerospace were worth $11,516,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of HWM. Traub Capital Management LLC purchased a new stake in Howmet Aerospace in the 2nd quarter valued at about $25,000. Winnow Wealth LLC acquired a new stake in shares of Howmet Aerospace during the second quarter valued at about $25,000. Newbridge Financial Services Group Inc. increased its position in shares of Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after acquiring an additional 73 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new stake in shares of Howmet Aerospace in the 2nd quarter valued at approximately $32,000. Finally, Rise Advisors LLC lifted its holdings in shares of Howmet Aerospace by 32.4% in the 1st quarter. Rise Advisors LLC now owns 270 shares of the company’s stock worth $35,000 after acquiring an additional 66 shares during the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HWM has been the subject of several research reports. TD Cowen lifted their target price on shares of Howmet Aerospace from $210.00 to $240.00 and gave the company a “buy” rating in a report on Friday, October 31st. JPMorgan Chase & Co. raised their price target on Howmet Aerospace from $190.00 to $227.00 and gave the stock an “overweight” rating in a research report on Monday, November 10th. The Goldman Sachs Group lifted their price objective on Howmet Aerospace from $205.00 to $226.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Zacks Research lowered Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. Finally, BTIG Research raised their target price on Howmet Aerospace from $205.00 to $240.00 and gave the company a “buy” rating in a report on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $218.75.

Howmet Aerospace Stock Up 0.7%

Howmet Aerospace stock opened at $209.57 on Wednesday. The firm has a market capitalization of $84.26 billion, a P/E ratio of 58.87, a P/E/G ratio of 2.38 and a beta of 1.32. The stock’s fifty day simple moving average is $199.87 and its 200-day simple moving average is $188.08. Howmet Aerospace Inc. has a twelve month low of $105.04 and a twelve month high of $211.95. 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 released its earnings results on Thursday, October 30th. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.91 by $0.04. The firm had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.04 billion. Howmet Aerospace had a return on equity of 29.21% and a net margin of 18.18%.Howmet Aerospace’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same period in the previous year, the firm 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 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 25th. Investors of record on Friday, November 7th were issued a $0.12 dividend. The ex-dividend date of this dividend was Friday, November 7th. This represents a $0.48 annualized dividend and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is 13.48%.

Howmet Aerospace Company Profile

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.