3,477 Shares in Howmet Aerospace Inc. $HWM Bought by Brookstone Capital Management

Brookstone Capital Management bought a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 3,477 shares of the company’s stock, valued at approximately $647,000.

A number of other hedge funds have also modified their holdings of HWM. Harbour Investments Inc. lifted its position in Howmet Aerospace by 10.1% during the first quarter. Harbour Investments Inc. now owns 1,114 shares of the company’s stock worth $145,000 after buying an additional 102 shares in the last quarter. PFG Advisors grew its stake in shares of Howmet Aerospace by 37.9% in the first quarter. PFG Advisors now owns 9,593 shares of the company’s stock valued at $1,245,000 after buying an additional 2,635 shares in the last quarter. Private Trust Co. NA grew its stake in shares of Howmet Aerospace by 65.4% in the first quarter. Private Trust Co. NA now owns 673 shares of the company’s stock valued at $87,000 after buying an additional 266 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Howmet Aerospace during the 2nd quarter worth $40,949,000. Finally, Diversified Trust Co grew its stake in Howmet Aerospace by 13.5% during the 2nd quarter. Diversified Trust Co now owns 22,297 shares of the company’s stock worth $4,150,000 after purchasing an additional 2,645 shares in the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Howmet Aerospace in a research report on Monday, June 30th. Wall Street Zen raised Howmet Aerospace from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. BTIG Research set a $205.00 price objective on Howmet Aerospace and gave the company a “buy” rating in a research note on Monday, August 4th. Barclays reaffirmed an “overweight” rating and set a $190.00 price objective (up from $140.00) on shares of Howmet Aerospace in a research note on Monday, August 4th. Finally, Bank of America boosted their target price on Howmet Aerospace from $185.00 to $215.00 and gave the stock a “buy” rating in a research report on Tuesday, August 5th. Thirteen equities 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 a consensus price target of $181.92.

Howmet Aerospace Trading Down 0.7%

Shares of HWM opened at $198.71 on Monday. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $80.11 billion, a P/E ratio of 58.10, a price-to-earnings-growth ratio of 2.57 and a beta of 1.45. The stock’s fifty day simple moving average is $185.51 and its 200 day simple moving average is $173.03. Howmet Aerospace Inc. has a twelve month low of $98.83 and a twelve month high of $202.50.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.87 by $0.04. The company had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The firm’s revenue was up 9.2% compared to the same quarter last year. During the same period last year, the company posted $0.67 earnings per share. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. On average, equities research analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is currently 14.04%.

Howmet Aerospace Profile

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.