NatWest Group plc lessened its position in Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 7.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 45,243 shares of the company’s stock after selling 3,561 shares during the period. Howmet Aerospace comprises approximately 2.2% of NatWest Group plc’s holdings, making the stock its 22nd biggest holding. NatWest Group plc’s holdings in Howmet Aerospace were worth $8,878,000 as of its most recent filing with the SEC.
Several other large investors have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Howmet Aerospace by 4.3% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,491 shares of the company’s stock worth $278,000 after buying an additional 61 shares in the last quarter. Venturi Wealth Management LLC boosted its stake in Howmet Aerospace by 3.1% in the second quarter. Venturi Wealth Management LLC now owns 2,093 shares of the company’s stock worth $390,000 after purchasing an additional 62 shares in the last quarter. Rise Advisors LLC boosted its stake in 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 purchasing an additional 66 shares in the last quarter. Hemington Wealth Management grew its holdings in shares of Howmet Aerospace by 25.9% during the second quarter. Hemington Wealth Management now owns 321 shares of the company’s stock worth $59,000 after purchasing an additional 66 shares during the last quarter. Finally, Private Trust Co. NA increased its stake in shares of Howmet Aerospace by 10.5% in the second quarter. Private Trust Co. NA now owns 744 shares of the company’s stock valued at $139,000 after buying an additional 71 shares in the last quarter. Institutional investors own 90.46% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts have commented on HWM shares. Industrial Alliance Securities set a $240.00 price objective on shares of Howmet Aerospace in a report on Monday, November 3rd. Susquehanna set a $235.00 price target on shares of Howmet Aerospace and gave the company a “positive” rating in a research note on Friday, October 31st. BNP Paribas Exane started coverage on shares of Howmet Aerospace in a report on Tuesday, November 18th. They issued an “outperform” rating and a $240.00 price target for the company. The Goldman Sachs Group upped their price objective on Howmet Aerospace from $205.00 to $226.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Finally, UBS Group increased their price objective on Howmet Aerospace from $199.00 to $209.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Howmet Aerospace presently has an average rating of “Moderate Buy” and an average price target of $218.75.
Howmet Aerospace Price Performance
Shares of HWM stock opened at $191.16 on Thursday. Howmet Aerospace Inc. has a 52-week low of $105.04 and a 52-week high of $211.95. The stock has a market cap of $76.86 billion, a PE ratio of 53.70, a PEG ratio of 2.23 and a beta of 1.32. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.14 and a current ratio of 2.35. The firm’s 50 day moving average price is $198.60 and its two-hundred day moving average price is $187.12.
Howmet Aerospace (NYSE:HWM – Get Free Report) last issued its 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. The company had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.04 billion. Howmet Aerospace had a net margin of 18.18% and a return on equity of 29.21%. The business’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the company 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. As a group, analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.
Howmet Aerospace Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th were paid a $0.12 dividend. The ex-dividend date of this dividend was Friday, November 7th. This represents a $0.48 annualized dividend and a yield of 0.3%. Howmet Aerospace’s dividend payout ratio is presently 13.48%.
About Howmet Aerospace
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.
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