Cerity Partners LLC Has $16.69 Million Position in Howmet Aerospace Inc. $HWM

Cerity Partners LLC grew its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 3.3% in the third quarter, HoldingsChannel reports. The institutional investor owned 85,031 shares of the company’s stock after acquiring an additional 2,740 shares during the period. Cerity Partners LLC’s holdings in Howmet Aerospace were worth $16,686,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Hennion & Walsh Asset Management Inc. boosted its holdings in Howmet Aerospace by 25.5% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 23,020 shares of the company’s stock valued at $4,517,000 after purchasing an additional 4,675 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in shares of Howmet Aerospace by 3.7% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 447,148 shares of the company’s stock valued at $87,744,000 after purchasing an additional 15,852 shares in the last quarter. KG&L Capital Management LLC increased its position in shares of Howmet Aerospace by 74.2% during the 3rd quarter. KG&L Capital Management LLC now owns 2,441 shares of the company’s stock worth $479,000 after purchasing an additional 1,040 shares in the last quarter. D.A. Davidson & CO. lifted its holdings in Howmet Aerospace by 12.4% during the 3rd quarter. D.A. Davidson & CO. now owns 14,843 shares of the company’s stock valued at $2,913,000 after purchasing an additional 1,641 shares during the last quarter. Finally, CWA Asset Management Group LLC grew its stake in Howmet Aerospace by 8.2% during the third quarter. CWA Asset Management Group LLC now owns 1,327 shares of the company’s stock worth $260,000 after buying an additional 101 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Stock Performance

Howmet Aerospace stock opened at $218.24 on Friday. The company has a market cap of $87.75 billion, a PE ratio of 61.30, a PEG ratio of 2.00 and a beta of 1.29. 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 Inc. has a 1 year low of $105.04 and a 1 year high of $219.39. The company’s 50-day moving average is $203.35 and its two-hundred day moving average is $191.40.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04. Howmet Aerospace had a net margin of 18.18% and a return on equity of 29.21%. The business had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same period in the previous year, the firm posted $0.81 earnings per share. Howmet Aerospace’s revenue for the quarter was up 13.8% compared to the same quarter last year. 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. Equities analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Analyst Ratings Changes

HWM has been the subject of a number of research analyst reports. JPMorgan Chase & Co. lifted their target price on shares of Howmet Aerospace from $190.00 to $227.00 and gave the company an “overweight” rating in a research note on Monday, November 10th. Morgan Stanley set a $225.00 price objective on Howmet Aerospace and gave the stock an “overweight” rating in a research note on Friday, October 31st. Weiss Ratings restated a “buy (b)” rating on shares of Howmet Aerospace in a research note on Wednesday, October 8th. UBS Group lifted their price target on Howmet Aerospace from $199.00 to $209.00 and gave the company a “neutral” rating in a report on Friday, October 31st. Finally, Bank of America increased their price objective on shares of Howmet Aerospace from $215.00 to $250.00 and gave the stock a “buy” rating in a report on Friday, November 14th. One 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’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $222.82.

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.