Howmet Aerospace Inc. $HWM Stock Holdings Increased by New York State Teachers Retirement System

New York State Teachers Retirement System raised its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 1.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 332,924 shares of the company’s stock after buying an additional 3,222 shares during the quarter. New York State Teachers Retirement System’s holdings in Howmet Aerospace were worth $65,330,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Bayforest Capital Ltd acquired a new stake in shares of Howmet Aerospace during the 3rd quarter valued at approximately $148,000. ORG Partners LLC increased its stake in Howmet Aerospace by 16.4% during the third quarter. ORG Partners LLC now owns 766 shares of the company’s stock valued at $150,000 after purchasing an additional 108 shares during the last quarter. Avion Wealth increased its stake in Howmet Aerospace by 187.7% during the third quarter. Avion Wealth now owns 305 shares of the company’s stock valued at $59,000 after purchasing an additional 199 shares during the last quarter. Sonoma Allocations LLC acquired a new stake in shares of Howmet Aerospace during the third quarter worth $288,000. Finally, Oregon Public Employees Retirement Fund lifted its position in shares of Howmet Aerospace by 32.3% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 46,104 shares of the company’s stock worth $9,047,000 after buying an additional 11,266 shares during the last quarter. Institutional investors own 90.46% of the company’s stock.

Wall Street Analysts Forecast Growth

HWM has been the subject of a number of recent research reports. UBS Group boosted their price objective on shares of Howmet Aerospace from $199.00 to $209.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. TD Cowen lifted their target price on Howmet Aerospace from $210.00 to $240.00 and gave the company a “buy” rating in a research note on Friday, October 31st. The Goldman Sachs Group upped their target price on Howmet Aerospace from $205.00 to $226.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Zacks Research cut Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. Finally, Bank of America raised their price target on Howmet Aerospace from $215.00 to $250.00 and gave the stock a “buy” rating in a report on Friday, November 14th. One investment 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.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $222.82.

Howmet Aerospace Price Performance

NYSE HWM opened at $218.24 on Monday. Howmet Aerospace Inc. has a 52 week low of $105.04 and a 52 week high of $219.39. The company has a current ratio of 2.35, a quick ratio of 1.14 and a debt-to-equity ratio of 0.63. The stock has a market cap of $87.75 billion, a price-to-earnings ratio of 61.30, a price-to-earnings-growth ratio of 2.08 and a beta of 1.29. The company has a 50-day moving average price of $203.35 and a two-hundred day moving average price of $191.62.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Thursday, October 30th. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $2.04 billion. During the same quarter in the previous year, the business earned $0.81 EPS. The firm’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. Analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace 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.