Werba Rubin Papier Wealth Management Buys New Shares in Howmet Aerospace Inc. $HWM

Key Points

• Werba Rubin Papier Wealth Management acquired a new stake in Howmet Aerospace Inc., purchasing 1,405 shares worth approximately $262,000.
• Howmet Aerospace has seen increased interest from institutional investors, with 90.46% of the stock owned by them, and various funds adjusting their positions in the company.
• The company reported $0.91 earnings per share for the last quarter, exceeding expectations, and recently declared a quarterly dividend of $0.12 per share.

Werba Rubin Papier Wealth Management bought a new stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,405 shares of the company's stock, valued at approximately $262,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Howmet Aerospace by 4.3% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,491 shares of the company's stock worth $278,000 after buying an additional 61 shares in the last quarter. Venturi Wealth Management LLC lifted its holdings in shares of Howmet Aerospace by 3.1% during the second quarter. Venturi Wealth Management LLC now owns 2,093 shares of the company's stock worth $390,000 after buying an additional 62 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 valued at $35,000 after purchasing an additional 66 shares in the last quarter. Hemington Wealth Management raised its stake in Howmet Aerospace by 25.9% in the second quarter. Hemington Wealth Management now owns 321 shares of the company's stock valued at $59,000 after purchasing an additional 66 shares in the last quarter. Finally, 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 valued at $31,000 after purchasing an additional 71 shares in the last quarter. 90.46% of the stock is owned by institutional investors.

Analyst Ratings Changes

HWM has been the subject of a number of analyst reports. Zacks Research downgraded Howmet Aerospace from a "strong-buy" rating to a "hold" rating in a research note on Friday, September 26th. Truist Financial boosted their price target on Howmet Aerospace from $202.00 to $217.00 and gave the company a "buy" rating in a research note on Wednesday. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Howmet Aerospace in a research note on Monday, June 30th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Howmet Aerospace in a research note on Wednesday, October 8th. Finally, Susquehanna boosted their price target on Howmet Aerospace from $210.00 to $220.00 and gave the company a "positive" rating in a research note on Thursday, October 9th. Fourteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $178.00.

Howmet Aerospace Stock Performance

Howmet Aerospace stock opened at $191.66 on Friday. Howmet Aerospace Inc. has a 12-month low of $98.83 and a 12-month high of $198.48. 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 business's 50-day moving average price is $183.43 and its two-hundred day moving average price is $169.31. The stock has a market cap of $77.26 billion, a PE ratio of 56.04, a P/E/G ratio of 2.49 and a beta of 1.45.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.04. The company had revenue of $2.05 billion for the quarter, compared to analysts' expectations of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.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 business 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, analysts expect that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The company also recently declared 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. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Friday, November 7th. Howmet Aerospace's payout ratio is 14.04%.

About Howmet Aerospace

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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