5,770 Shares in Howmet Aerospace Inc. $HWM Purchased by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. bought a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 5,770 shares of the company’s stock, valued at approximately $1,074,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HWM. Traub Capital Management LLC acquired a new stake in shares of Howmet Aerospace in the second quarter valued at approximately $25,000. Winnow Wealth LLC purchased a new stake in Howmet Aerospace in the 2nd quarter valued at approximately $25,000. Newbridge Financial Services Group Inc. increased its position in Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after buying an additional 73 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new position in Howmet Aerospace during the second quarter worth $32,000. Finally, Rise Advisors LLC raised its holdings in shares of Howmet Aerospace by 32.4% in the first 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. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Stock Performance

NYSE:HWM opened at $197.28 on Tuesday. The company has a market cap of $79.32 billion, a P/E ratio of 55.42, a P/E/G ratio of 2.27 and a beta of 1.32. The firm’s 50 day moving average is $198.54 and its two-hundred day moving average is $186.92. Howmet Aerospace Inc. has a fifty-two week low of $105.04 and a fifty-two week high of $211.95. The company has a quick ratio of 1.14, a current ratio of 2.35 and a debt-to-equity ratio of 0.63.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04. The business had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.04 billion. Howmet Aerospace had a return on equity of 29.21% and a net margin of 18.18%.The business’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same period in the prior 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. Analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Dividend Announcement

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

Analyst Ratings Changes

A number of research firms recently commented on HWM. The Goldman Sachs Group increased 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. Morgan Stanley set a $225.00 price target on shares of Howmet Aerospace and gave the stock an “overweight” rating in a research note on Friday, October 31st. Zacks Research downgraded shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th. TD Cowen upped their price objective on shares of Howmet Aerospace from $210.00 to $240.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Howmet Aerospace in a research report on Wednesday, October 8th. One research 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’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $218.75.

Howmet Aerospace Company 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.