CX Institutional Has $1.21 Million Stake in Howmet Aerospace Inc. $HWM

CX Institutional lifted its position in Howmet Aerospace Inc. (NYSE:HWM) by 102.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,173 shares of the company’s stock after buying an additional 3,121 shares during the quarter. CX Institutional’s holdings in Howmet Aerospace were worth $1,211,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in HWM. Traub Capital Management LLC bought a new stake in Howmet Aerospace in the second quarter worth approximately $25,000. Winnow Wealth LLC bought a new position in shares of Howmet Aerospace during the 2nd quarter valued at $25,000. Newbridge Financial Services Group Inc. lifted 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 purchasing an additional 73 shares during the last quarter. Tradewinds Capital Management LLC boosted its holdings in Howmet Aerospace by 52.0% in the third quarter. Tradewinds Capital Management LLC now owns 152 shares of the company’s stock worth $30,000 after purchasing an additional 52 shares in the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new position in Howmet Aerospace during the second quarter worth $32,000. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Performance

HWM opened at $210.35 on Friday. The company has a quick ratio of 1.14, a current ratio of 2.35 and a debt-to-equity ratio of 0.63. The stock’s 50 day moving average price is $203.11 and its two-hundred day moving average price is $191.11. The firm has a market capitalization of $84.57 billion, a P/E ratio of 59.09, a price-to-earnings-growth ratio of 2.02 and a beta of 1.29. Howmet Aerospace Inc. has a 12-month low of $105.04 and a 12-month high of $217.00.

Howmet Aerospace (NYSE:HWM) last issued its quarterly 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 during the quarter, compared to analyst estimates of $2.04 billion. Howmet Aerospace had a return on equity of 29.21% and a net margin of 18.18%.The company’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.81 earnings per share. 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. On average, equities analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Analysts Set New Price Targets

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. BNP Paribas Exane initiated coverage on Howmet Aerospace in a report on Tuesday, November 18th. They issued an “outperform” rating and a $240.00 target price for the company. BTIG Research increased their price target on Howmet Aerospace from $205.00 to $240.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Sanford C. Bernstein reissued an “outperform” rating and issued a $247.00 price target on shares of Howmet Aerospace in a research report on Tuesday. Finally, Cowen restated a “buy” rating on shares of Howmet Aerospace in a research note on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Howmet Aerospace has an average rating of “Moderate Buy” and an average target price of $220.41.

Howmet Aerospace Company Profile

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.