Gratus Wealth Advisors LLC Buys 3,341 Shares of Howmet Aerospace Inc. $HWM

Gratus Wealth Advisors LLC raised its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 139.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,730 shares of the company’s stock after acquiring an additional 3,341 shares during the quarter. Gratus Wealth Advisors LLC’s holdings in Howmet Aerospace were worth $1,124,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Traub Capital Management LLC bought a new stake in shares of Howmet Aerospace during the 2nd quarter valued at $25,000. Winnow Wealth LLC purchased a new position in Howmet Aerospace during the second quarter valued at $25,000. Newbridge Financial Services Group Inc. boosted its holdings in Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after acquiring an additional 73 shares in the last quarter. Tradewinds Capital Management LLC raised its position in shares of Howmet Aerospace by 52.0% in the 3rd 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 last quarter. Finally, Atlantic Union Bankshares Corp bought a new position in Howmet Aerospace in the 2nd quarter worth about $32,000. Institutional investors own 90.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on HWM shares. The Goldman Sachs Group increased their target price on Howmet Aerospace from $205.00 to $226.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Cowen reiterated a “buy” rating on shares of Howmet Aerospace in a research note on Friday, October 31st. Morgan Stanley set a $225.00 price objective on shares of Howmet Aerospace and gave the company an “overweight” rating in a research report on Friday, October 31st. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $247.00 target price on shares of Howmet Aerospace in a research report on Tuesday, January 6th. Finally, Bank of America boosted their target price on shares of Howmet Aerospace from $215.00 to $250.00 and gave the company a “buy” rating in a research note on Friday, November 14th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $224.53.

Howmet Aerospace Stock Up 1.8%

HWM stock opened at $224.29 on Friday. The business’s 50-day moving average price is $204.55 and its 200-day moving average price is $192.58. The stock has a market cap of $90.18 billion, a P/E ratio of 63.00, a PEG ratio of 2.09 and a beta of 1.29. The company has a quick ratio of 1.14, a current ratio of 2.35 and a debt-to-equity ratio of 0.63. Howmet Aerospace Inc. has a twelve month low of $105.04 and a twelve month high of $226.87.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, October 30th. The company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04. The company had revenue of $2.09 billion for 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% compared to the same quarter last year. During the same quarter last year, the business earned $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, equities research analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

About Howmet Aerospace

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.