Howmet Aerospace Inc. $HWM Stock Holdings Lifted by Axxcess Wealth Management LLC

Key Points

• Axxcess Wealth Management LLC increased its stake in Howmet Aerospace Inc. by 32.9% during the second quarter, acquiring 2,685 additional shares, bringing its total holdings to 10,840 shares valued at approximately $2,018,000.
• Howmet Aerospace reported earnings of $0.91 EPS for the last quarter, surpassing the consensus estimate of $0.87, with a revenue of $2.05 billion, which is a 9.2% increase compared to the previous year.
• The firm announced a quarterly dividend of $0.12 per share, which will be paid on November 25th, with shareholders on record by November 7th set to receive this payout.

Axxcess Wealth Management LLC lifted its position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 32.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,840 shares of the company's stock after acquiring an additional 2,685 shares during the period. Axxcess Wealth Management LLC's holdings in Howmet Aerospace were worth $2,018,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in HWM. Pinpoint Asset Management Ltd increased its position in shares of 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 acquiring an additional 71 shares in the last quarter. Hemington Wealth Management increased its position in shares of 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 acquiring an additional 81 shares in the last quarter. Rise Advisors LLC increased its position in shares of 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 acquiring an additional 66 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of 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 acquiring an additional 140 shares in the last quarter. Finally, Wayfinding Financial LLC purchased a new position in shares of Howmet Aerospace in the first quarter worth approximately $37,000. 90.46% of the stock is owned by hedge funds and other institutional investors.

Howmet Aerospace Stock Performance

HWM stock opened at $192.23 on Thursday. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65. The company has a market capitalization of $77.49 billion, a price-to-earnings ratio of 56.21, a P/E/G ratio of 2.50 and a beta of 1.45. Howmet Aerospace Inc. has a 12 month low of $98.83 and a 12 month high of $198.48. The firm has a 50 day moving average of $183.23 and a two-hundred day moving average of $168.88.

Howmet Aerospace (NYSE:HWM - Get Free Report) 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 company's revenue for the quarter was up 9.2% compared to the same quarter last year. 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 analysts anticipate 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. Shareholders of record on Friday, November 7th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, November 7th. Howmet Aerospace's payout ratio is currently 14.04%.

Analyst Ratings Changes

Several research analysts have recently weighed in on HWM shares. Weiss Ratings reissued a "buy (b)" rating on shares of Howmet Aerospace in a research report on Wednesday, October 8th. Susquehanna boosted their price objective on shares of Howmet Aerospace from $210.00 to $220.00 and gave the company a "positive" rating in a research report on Thursday, October 9th. Wall Street Zen raised shares of Howmet Aerospace from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. JPMorgan Chase & Co. boosted their price objective on shares of Howmet Aerospace from $150.00 to $190.00 and gave the company an "overweight" rating in a research report on Monday, August 4th. Finally, Bank of America boosted their price objective on shares of Howmet Aerospace from $185.00 to $215.00 and gave the company a "buy" rating in a research report on Tuesday, August 5th. Fourteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Howmet Aerospace has an average rating of "Moderate Buy" and an average price target of $178.00.

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.

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