Callan Family Office LLC Takes $1.07 Million Position in Howmet Aerospace Inc. $HWM

Key Points

• Callan Family Office LLC has acquired a new stake in Howmet Aerospace Inc. valued at approximately $1.07 million, purchasing 5,752 shares in the 2nd quarter.
• Wall Street analysts show a positive outlook for Howmet Aerospace, with Barclays rating it "overweight" and various analysts forecasting increasing price targets for the stock, now averaging $176.21.
• The company reported quarterly earnings of $0.91 per share, surpassing expectations, and announced a dividend of $0.12 per share to be paid on November 25th.

Callan Family Office LLC purchased a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 5,752 shares of the company's stock, valued at approximately $1,071,000.

Other large investors also recently bought and sold shares of the company. Pinpoint Asset Management Ltd raised its stake in Howmet Aerospace by 42.8% in the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company's stock worth $31,000 after buying an additional 71 shares in the last quarter. Hemington Wealth Management raised its stake in Howmet Aerospace by 46.6% in the first quarter. Hemington Wealth Management now owns 255 shares of the company's stock worth $33,000 after buying an additional 81 shares in the last quarter. GPS Wealth Strategies Group LLC raised its stake in Howmet Aerospace by 114.6% in the first quarter. GPS Wealth Strategies Group LLC now owns 264 shares of the company's stock worth $34,000 after buying an additional 141 shares in the last quarter. Rise Advisors LLC raised its stake in Howmet Aerospace by 32.4% in the first quarter. Rise Advisors LLC now owns 270 shares of the company's stock worth $35,000 after buying an additional 66 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC raised its stake in Howmet Aerospace by 100.7% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company's stock worth $36,000 after buying an additional 140 shares in the last quarter. Institutional investors own 90.46% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on HWM shares. Barclays reissued an "overweight" rating and issued a $190.00 price objective (up previously from $140.00) on shares of Howmet Aerospace in a research note on Monday, August 4th. Susquehanna boosted their price objective on shares of Howmet Aerospace from $210.00 to $220.00 and gave the stock a "positive" rating in a research note on Thursday. Vertical Research reaffirmed a "buy" rating on shares of Howmet Aerospace in a report on Thursday, July 31st. Zacks Research lowered shares of Howmet Aerospace from a "strong-buy" rating to a "hold" rating in a report on Friday, September 26th. Finally, Bank of America lifted their price target on shares of Howmet Aerospace from $185.00 to $215.00 and gave the stock a "buy" rating in a report on Tuesday, August 5th. Fourteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $176.21.

Howmet Aerospace Price Performance

NYSE HWM opened at $183.97 on Monday. The firm's fifty day simple moving average is $182.56 and its two-hundred day simple moving average is $168.13. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65. Howmet Aerospace Inc. has a 12-month low of $98.83 and a 12-month high of $198.48. The firm has a market capitalization of $74.16 billion, a P/E ratio of 53.79, a P/E/G ratio of 2.39 and a beta of 1.45.

Howmet Aerospace (NYSE:HWM - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, beating analysts' consensus estimates of $0.87 by $0.04. The firm had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.99 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The business's quarterly revenue was up 9.2% compared to the same quarter last year. During the same period in the previous year, the company earned $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. Analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

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

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.

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