Howmet Aerospace Inc. $HWM Shares Acquired by Brookwood Investment Group LLC

Brookwood Investment Group LLC grew its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 146.1% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,458 shares of the company’s stock after buying an additional 3,834 shares during the period. Brookwood Investment Group LLC’s holdings in Howmet Aerospace were worth $1,202,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Ashton Thomas Private Wealth LLC acquired a new stake in Howmet Aerospace during the second quarter worth about $261,000. MorganRosel Wealth Management LLC acquired a new stake in Howmet Aerospace during the second quarter worth about $88,000. Envestnet Asset Management Inc. increased its position in Howmet Aerospace by 1.8% during the second quarter. Envestnet Asset Management Inc. now owns 536,478 shares of the company’s stock worth $99,855,000 after purchasing an additional 9,439 shares during the last quarter. Resonant Capital Advisors LLC acquired a new stake in Howmet Aerospace during the second quarter worth about $252,000. Finally, Atlatl Advisers LLC increased its position in Howmet Aerospace by 429.3% during the second quarter. Atlatl Advisers LLC now owns 13,466 shares of the company’s stock worth $2,506,000 after purchasing an additional 10,922 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Price Performance

Shares of HWM opened at $198.71 on Monday. Howmet Aerospace Inc. has a 1-year low of $98.83 and a 1-year high of $202.50. The stock has a market cap of $80.11 billion, a PE ratio of 58.10, a P/E/G ratio of 2.57 and a beta of 1.45. The firm has a 50-day simple moving average of $185.51 and a two-hundred day simple moving average of $173.03. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The business had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $1.99 billion. During the same period last year, the business earned $0.67 earnings per share. The business’s revenue for the quarter was up 9.2% on a year-over-year basis. 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, analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is presently 14.04%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on HWM. Weiss Ratings restated a “buy (b)” rating on shares of Howmet Aerospace in a research report on Saturday. JPMorgan Chase & Co. raised their price objective 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 raised their price objective on shares of Howmet Aerospace from $185.00 to $215.00 and gave the stock a “buy” rating in a research report on Tuesday, August 5th. Morgan Stanley raised their price objective on shares of Howmet Aerospace from $170.00 to $210.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. Finally, BTIG Research set a $205.00 price objective on shares of Howmet Aerospace and gave the stock a “buy” rating in a research report on Monday, August 4th. Thirteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $181.92.

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.