Venturi Wealth Management LLC Has $390,000 Stake in Howmet Aerospace Inc. $HWM

Venturi Wealth Management LLC boosted its position in Howmet Aerospace Inc. (NYSE:HWM) by 3.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 2,093 shares of the company’s stock after purchasing an additional 62 shares during the period. Venturi Wealth Management LLC’s holdings in Howmet Aerospace were worth $390,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of HWM. Brighton Jones LLC lifted its holdings in Howmet Aerospace by 5.4% in the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after buying an additional 130 shares during the period. Farther Finance Advisors LLC lifted its holdings in Howmet Aerospace by 40.3% in the first quarter. Farther Finance Advisors LLC now owns 6,599 shares of the company’s stock valued at $870,000 after buying an additional 1,895 shares during the period. GAMMA Investing LLC lifted its holdings in Howmet Aerospace by 22.1% in the first quarter. GAMMA Investing LLC now owns 10,238 shares of the company’s stock valued at $1,328,000 after buying an additional 1,854 shares during the period. Handelsbanken Fonder AB acquired a new position in Howmet Aerospace in the first quarter valued at $3,033,000. Finally, CX Institutional lifted its holdings in Howmet Aerospace by 9.2% in the first quarter. CX Institutional now owns 3,003 shares of the company’s stock valued at $390,000 after buying an additional 254 shares during the period. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Trading Down 2.6%

NYSE:HWM opened at $183.97 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08. The firm has a 50-day moving average of $182.56 and a 200-day moving average of $167.65. The company has a market cap of $74.16 billion, a PE ratio of 53.79, a PEG ratio of 2.44 and a beta of 1.45. Howmet Aerospace Inc. has a one year low of $98.83 and a one year high of $198.48.

Howmet Aerospace (NYSE:HWM) last posted its earnings results on Thursday, July 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.87 by $0.04. The company had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.99 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The firm’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same period in the previous year, the firm 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. As a group, equities research analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. Howmet Aerospace’s payout ratio is presently 14.04%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Susquehanna upped their price objective on shares of Howmet Aerospace from $210.00 to $220.00 and gave the company a “positive” rating in a report on Thursday. Bank of America upped their price objective on shares of Howmet Aerospace from $185.00 to $215.00 and gave the company a “buy” rating in a report on Tuesday, August 5th. Barclays reiterated an “overweight” rating and set a $190.00 price objective (up previously from $140.00) on shares of Howmet Aerospace in a report on Monday, August 4th. JPMorgan Chase & Co. upped their price objective on shares of Howmet Aerospace from $150.00 to $190.00 and gave the company an “overweight” rating in a report on Monday, August 4th. Finally, BTIG Research set a $205.00 price objective on shares of Howmet Aerospace and gave the company a “buy” rating in a report on Monday, August 4th. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $176.21.

Howmet Aerospace Company 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.