BCGM Wealth Management LLC Takes $1.52 Million Position in Howmet Aerospace Inc. $HWM

BCGM Wealth Management LLC bought a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 8,156 shares of the company’s stock, valued at approximately $1,518,000.

Other hedge funds have also modified their holdings of the company. Pinpoint Asset Management Ltd grew its position in shares of Howmet Aerospace by 42.8% during the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock worth $31,000 after acquiring an additional 71 shares during the last quarter. Hemington Wealth Management grew its position in shares of Howmet Aerospace by 46.6% during the first quarter. Hemington Wealth Management now owns 255 shares of the company’s stock worth $33,000 after acquiring an additional 81 shares during the last quarter. Rise Advisors LLC lifted its position in Howmet Aerospace by 32.4% during 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 period. Annis Gardner Whiting Capital Advisors LLC lifted its position in Howmet Aerospace by 100.7% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company’s stock worth $36,000 after acquiring an additional 140 shares during the period. Finally, Wayfinding Financial LLC acquired a new stake in Howmet Aerospace during the 1st quarter worth approximately $37,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Howmet Aerospace Stock Up 2.3%

HWM opened at $206.47 on Monday. The business’s fifty day moving average is $188.59 and its two-hundred day moving average is $176.08. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31. The company has a market cap of $83.23 billion, a price-to-earnings ratio of 60.37, a PEG ratio of 2.64 and a beta of 1.45. Howmet Aerospace Inc. has a one year low of $99.10 and a one year high of $211.95.

Howmet Aerospace (NYSE:HWM) last posted its earnings results on Thursday, October 30th. The company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04. The company had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.04 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.Howmet Aerospace’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.81 earnings per share. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. Analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders 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 annualized dividend and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is presently 13.48%.

Analyst Ratings Changes

A number of analysts have weighed in on HWM shares. Zacks Research cut Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. BTIG Research set a $205.00 price target on Howmet Aerospace and gave the company a “buy” rating in a report on Monday, August 4th. Royal Bank Of Canada raised their price target on Howmet Aerospace from $210.00 to $235.00 and gave the company an “outperform” rating in a report on Friday. Morgan Stanley set a $225.00 price target on Howmet Aerospace and gave the company an “overweight” rating in a report on Friday. Finally, TD Cowen raised their price target on Howmet Aerospace from $210.00 to $240.00 and gave the company a “buy” rating in a report on Friday. Fifteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $194.57.

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.