GC Wealth Management RIA LLC Invests $507,000 in Howmet Aerospace Inc. $HWM

Key Points

• GC Wealth Management RIA LLC has invested approximately $507,000 in Howmet Aerospace, acquiring 2,725 shares of the stock.
• Howmet Aerospace has received a mix of ratings from analysts, with fourteen giving it a Buy rating and a consensus target price of $172.13.
• The company reported quarterly earnings beating expectations with an EPS of $0.91, and has announced a dividend of $0.12 per share to be paid on November 25th.

GC Wealth Management RIA LLC bought a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,725 shares of the company's stock, valued at approximately $507,000.

Several other institutional investors also recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its holdings in Howmet Aerospace by 21.1% in the 1st quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company's stock worth $3,171,970,000 after buying an additional 4,252,401 shares in the last quarter. Nuveen LLC bought a new position in Howmet Aerospace in the 1st quarter worth approximately $366,209,000. Westfield Capital Management Co. LP bought a new position in Howmet Aerospace in the 1st quarter worth approximately $147,251,000. Goldman Sachs Group Inc. grew its holdings in 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 buying an additional 771,271 shares in the last quarter. Finally, Menora Mivtachim Holdings LTD. bought a new position in Howmet Aerospace in the 1st quarter worth approximately $93,529,000. 90.46% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on HWM shares. Wall Street Zen raised Howmet Aerospace from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Truist Financial increased their price objective on Howmet Aerospace from $161.00 to $192.00 and gave the stock a "buy" rating in a report on Thursday, June 12th. Zacks Research lowered Howmet Aerospace from a "strong-buy" rating to a "hold" rating in a report on Friday, September 26th. Susquehanna increased their price objective on Howmet Aerospace from $170.00 to $210.00 and gave the stock a "positive" rating in a report on Monday, July 14th. Finally, Bank of America increased their price target on Howmet Aerospace from $185.00 to $215.00 and gave the company a "buy" rating in a research note on Tuesday, August 5th. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $172.13.

Howmet Aerospace Stock Performance

Shares of NYSE HWM opened at $196.43 on Wednesday. The stock has a fifty day moving average price of $182.08 and a two-hundred day moving average price of $164.68. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31. The firm has a market cap of $79.19 billion, a P/E ratio of 57.44, a PEG ratio of 2.48 and a beta of 1.45. Howmet Aerospace Inc. has a 1 year low of $98.83 and a 1 year high of $196.66.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.87 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The firm had revenue of $2.05 billion during the quarter, compared to analyst estimates of $1.99 billion. During the same period last year, the company posted $0.67 EPS. The firm's quarterly revenue was up 9.2% on a year-over-year basis. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. Research 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 given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace's dividend payout ratio (DPR) is presently 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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