Moran Wealth Management LLC Has $42.07 Million Stock Position in Howmet Aerospace Inc. $HWM

Moran Wealth Management LLC lessened its position in Howmet Aerospace Inc. (NYSE:HWM) by 10.3% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 214,365 shares of the company’s stock after selling 24,486 shares during the period. Howmet Aerospace makes up 1.3% of Moran Wealth Management LLC’s holdings, making the stock its 10th largest position. Moran Wealth Management LLC owned about 0.05% of Howmet Aerospace worth $42,065,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of HWM. Brighton Jones LLC lifted its holdings in Howmet Aerospace by 5.4% in the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after acquiring an additional 130 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Howmet Aerospace by 58.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,094,971 shares of the company’s stock worth $271,781,000 after purchasing an additional 771,271 shares in the last quarter. MBB Public Markets I LLC acquired a new stake in Howmet Aerospace during the first quarter valued at approximately $310,000. Advisory Alpha LLC lifted its stake in Howmet Aerospace by 25.1% during the first quarter. Advisory Alpha LLC now owns 3,506 shares of the company’s stock valued at $455,000 after purchasing an additional 704 shares during the last quarter. Finally, SageView Advisory Group LLC boosted its holdings in Howmet Aerospace by 14.9% during the first quarter. SageView Advisory Group LLC now owns 7,362 shares of the company’s stock worth $955,000 after buying an additional 957 shares in the last quarter. Institutional investors own 90.46% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. UBS Group upped 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. The Goldman Sachs Group boosted their target price on Howmet Aerospace from $205.00 to $226.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Royal Bank Of Canada upped their target price on Howmet Aerospace from $210.00 to $235.00 and gave the company an “outperform” rating in a report on Friday, October 31st. Citigroup started coverage on Howmet Aerospace in a research note on Thursday, December 11th. They issued a “buy” rating and a $246.00 price target on the stock. Finally, Truist Financial boosted their price objective on Howmet Aerospace from $202.00 to $217.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Howmet Aerospace has an average rating of “Moderate Buy” and an average price target of $220.41.

Howmet Aerospace Stock Down 1.8%

NYSE:HWM opened at $210.89 on Thursday. The business’s fifty day moving average price is $202.94 and its 200 day moving average price is $190.97. The firm has a market capitalization of $84.79 billion, a price-to-earnings ratio of 59.24, a PEG ratio of 2.05 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 $216.38.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04. The firm had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.04 billion. Howmet Aerospace had a return on equity of 29.21% and a net margin of 18.18%.The business’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same period last 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. On average, sell-side analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal 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.