Allspring Global Investments Holdings LLC Reduces Holdings in Howmet Aerospace Inc. $HWM

Allspring Global Investments Holdings LLC lowered its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 7.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 474,576 shares of the company’s stock after selling 38,525 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Howmet Aerospace were worth $83,630,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of HWM. Harbour Investments Inc. grew its holdings in shares of Howmet Aerospace by 10.1% during the 1st quarter. Harbour Investments Inc. now owns 1,114 shares of the company’s stock worth $145,000 after acquiring an additional 102 shares during the period. PFG Advisors grew its stake in Howmet Aerospace by 37.9% in the first quarter. PFG Advisors now owns 9,593 shares of the company’s stock worth $1,245,000 after purchasing an additional 2,635 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in Howmet Aerospace by 233.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 140,883 shares of the company’s stock worth $18,277,000 after purchasing an additional 98,642 shares in the last quarter. Private Trust Co. NA raised its holdings in Howmet Aerospace by 65.4% in the first quarter. Private Trust Co. NA now owns 673 shares of the company’s stock worth $87,000 after purchasing an additional 266 shares in the last quarter. Finally, Diversified Trust Co lifted its position in Howmet Aerospace by 13.5% during the second quarter. Diversified Trust Co now owns 22,297 shares of the company’s stock valued at $4,150,000 after buying an additional 2,645 shares during the period. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Stock Performance

HWM stock opened at $190.04 on Tuesday. The stock has a market capitalization of $76.61 billion, a PE ratio of 55.57, a price-to-earnings-growth ratio of 2.39 and a beta of 1.45. Howmet Aerospace Inc. has a 12-month low of $98.83 and a 12-month high of $198.48. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65. The stock’s 50 day simple moving average is $182.75 and its 200 day simple moving average is $168.55.

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

Howmet Aerospace Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th will be given a $0.12 dividend. 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 0.3%. Howmet Aerospace’s payout ratio is 14.04%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. JPMorgan Chase & Co. upped their target price on shares of Howmet Aerospace from $150.00 to $190.00 and gave the stock an “overweight” rating in a research report on Monday, August 4th. Bank of America upped their price objective on shares of Howmet Aerospace from $185.00 to $215.00 and gave the stock a “buy” rating in a report on Tuesday, August 5th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Howmet Aerospace in a report on Monday, June 30th. Morgan Stanley upped their price target on Howmet Aerospace from $170.00 to $210.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. Finally, BTIG Research set a $205.00 price objective on Howmet Aerospace and gave the company a “buy” rating in a research note on Monday, August 4th. Fourteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $176.21.

Howmet Aerospace 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.