Vontobel Holding Ltd. Has $8.71 Million Holdings in Howmet Aerospace Inc. $HWM

Vontobel Holding Ltd. lifted its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 52.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 44,382 shares of the company’s stock after acquiring an additional 15,309 shares during the period. Vontobel Holding Ltd.’s holdings in Howmet Aerospace were worth $8,709,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Traub Capital Management LLC bought a new stake in Howmet Aerospace in the second quarter valued at $25,000. Winnow Wealth LLC acquired a new stake in shares of Howmet Aerospace in the 2nd quarter valued at about $25,000. Newbridge Financial Services Group Inc. grew its stake in shares of Howmet Aerospace by 119.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after buying an additional 73 shares during the period. Atlantic Union Bankshares Corp bought a new stake in Howmet Aerospace in the 2nd quarter valued at about $32,000. Finally, Penserra Capital Management LLC increased its position in Howmet Aerospace by 450.0% in the 2nd quarter. Penserra Capital Management LLC now owns 198 shares of the company’s stock valued at $36,000 after buying an additional 162 shares in the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

Howmet Aerospace Stock Performance

Shares of HWM opened at $212.75 on Thursday. The stock has a 50 day moving average of $200.28 and a 200 day moving average of $188.25. The company has a market capitalization of $85.54 billion, a price-to-earnings ratio of 59.76, a PEG ratio of 2.40 and a beta of 1.32. Howmet Aerospace Inc. has a 12 month low of $105.04 and a 12 month high of $212.46. 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 announced its quarterly earnings data on Thursday, October 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Howmet Aerospace had a return on equity of 29.21% and a net margin of 18.18%.The firm had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same quarter in the prior year, the company 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 and its Q4 2025 guidance at 0.940-0.960 EPS. As a group, sell-side analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th were given 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 payout ratio is currently 13.48%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on HWM shares. Truist Financial upped their target price on Howmet Aerospace from $202.00 to $217.00 and gave the stock a “buy” rating in a research report on Wednesday, October 15th. The Goldman Sachs Group boosted their price target on shares of Howmet Aerospace from $205.00 to $226.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Cowen restated a “buy” rating on shares of Howmet Aerospace in a report on Friday, October 31st. BTIG Research lifted their price objective on shares of Howmet Aerospace from $205.00 to $240.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Finally, Morgan Stanley set a $225.00 price target on Howmet Aerospace and gave the stock an “overweight” rating in a report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $218.75.

About Howmet Aerospace

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.