Howmet Aerospace Inc. $HWM Stock Holdings Lifted by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. grew its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 0.9% in the third quarter, Holdings Channel.com reports. The fund owned 977,095 shares of the company’s stock after buying an additional 8,427 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Howmet Aerospace were worth $191,735,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of HWM. Traub Capital Management LLC purchased a new position in Howmet Aerospace during the second quarter valued at approximately $25,000. Winnow Wealth LLC acquired a new stake in Howmet Aerospace in the 2nd quarter worth approximately $25,000. Newbridge Financial Services Group Inc. boosted its position in Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after purchasing an additional 73 shares during the period. Tradewinds Capital Management LLC boosted its position in Howmet Aerospace by 52.0% during 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 during the period. Finally, Atlantic Union Bankshares Corp acquired a new position in Howmet Aerospace during the second quarter valued at approximately $32,000. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Stock Performance

NYSE HWM opened at $220.00 on Tuesday. The company’s fifty day moving average is $203.61 and its two-hundred day moving average is $191.92. Howmet Aerospace Inc. has a 52-week low of $105.04 and a 52-week high of $221.44. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.35 and a quick ratio of 1.14. The firm has a market capitalization of $88.45 billion, a price-to-earnings ratio of 61.80, a P/E/G ratio of 2.08 and a beta of 1.29.

Howmet Aerospace (NYSE:HWM) last released 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. The business 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 firm’s revenue was up 13.8% on a year-over-year basis. During the same quarter last 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. Equities research analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on HWM. Truist Financial set a $258.00 price objective on shares of Howmet Aerospace in a research note on Friday. Wall Street Zen downgraded shares of Howmet Aerospace from a “buy” rating to a “hold” rating in a report on Saturday. BTIG Research upped their price target on shares of Howmet Aerospace from $205.00 to $240.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Bank of America raised their price target on Howmet Aerospace from $215.00 to $250.00 and gave the company a “buy” rating in a research report on Friday, November 14th. Finally, Cowen reiterated 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 given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $222.82.

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.