Lifeworks Advisors LLC Reduces Stock Position in Howmet Aerospace Inc. $HWM

by · The Cerbat Gem

Lifeworks Advisors LLC reduced its holdings in Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 14.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,636 shares of the company’s stock after selling 433 shares during the period. Lifeworks Advisors LLC’s holdings in Howmet Aerospace were worth $491,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Howmet Aerospace by 4.3% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,491 shares of the company’s stock worth $278,000 after acquiring an additional 61 shares during the last quarter. Venturi Wealth Management LLC lifted its holdings in shares of Howmet Aerospace by 3.1% in the 2nd quarter. Venturi Wealth Management LLC now owns 2,093 shares of the company’s stock worth $390,000 after acquiring an additional 62 shares during the last quarter. Rise Advisors LLC lifted its holdings in shares of Howmet Aerospace by 32.4% in the 1st 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. Hemington Wealth Management lifted its holdings in shares of Howmet Aerospace by 25.9% in the 2nd quarter. Hemington Wealth Management now owns 321 shares of the company’s stock worth $59,000 after acquiring an additional 66 shares during the last quarter. Finally, Pinpoint Asset Management Ltd lifted its holdings in shares of Howmet Aerospace by 42.8% in the 1st quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock worth $31,000 after acquiring an additional 71 shares during the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Howmet Aerospace Trading Up 2.3%

Shares of HWM opened at $206.47 on Friday. Howmet Aerospace Inc. has a 1-year low of $99.10 and a 1-year high of $211.95. The company has a 50-day moving average of $188.59 and a 200 day moving average of $175.72. The firm has a market capitalization of $83.23 billion, a price-to-earnings ratio of 60.37, a PEG ratio of 2.64 and a beta of 1.45. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08.

Howmet Aerospace (NYSE:HWM – Get Free Report) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.91 by $0.04. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The business had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.04 billion. During the same quarter in the previous year, the business posted $0.81 EPS. The company’s quarterly revenue 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. Q4 2025 guidance at 0.940-0.960 EPS. On average, research analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Dividend Announcement

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

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Morgan Stanley set a $225.00 target price on shares of Howmet Aerospace and gave the stock an “overweight” rating in a report on Friday. TD Cowen raised their target price on shares of Howmet Aerospace from $210.00 to $240.00 and gave the stock a “buy” rating in a report on Friday. Wall Street Zen upgraded shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Barclays reiterated an “overweight” rating and set a $190.00 price objective (up previously from $140.00) on shares of Howmet Aerospace in a report on Monday, August 4th. Finally, BTIG Research set a $205.00 price objective on shares of Howmet Aerospace and gave the company a “buy” rating in a report on Monday, August 4th. Fifteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Howmet Aerospace presently has an average rating of “Moderate Buy” and an average price target of $194.57.

View Our Latest Report on Howmet Aerospace

Howmet Aerospace Company Profile

(Free Report)

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.

Further Reading

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