Howmet Aerospace Inc. $HWM Shares Purchased by Silvant Capital Management LLC

by · The Cerbat Gem

Silvant Capital Management LLC raised its position in Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 603.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 63,050 shares of the company’s stock after acquiring an additional 54,092 shares during the quarter. Silvant Capital Management LLC’s holdings in Howmet Aerospace were worth $11,735,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Traub Capital Management LLC acquired a new stake in Howmet Aerospace during the 2nd quarter valued at $25,000. Winnow Wealth LLC acquired a new stake in shares of Howmet Aerospace during the second quarter valued at about $25,000. Atlantic Union Bankshares Corp acquired a new stake in shares of Howmet Aerospace during the second quarter valued at about $32,000. Penserra Capital Management LLC increased its position in shares of Howmet Aerospace by 450.0% during the second quarter. Penserra Capital Management LLC now owns 198 shares of the company’s stock worth $36,000 after acquiring an additional 162 shares during the last quarter. Finally, Interchange Capital Partners LLC acquired a new position in shares of Howmet Aerospace in the second quarter worth about $39,000. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on HWM. BTIG Research increased their price target on Howmet Aerospace from $205.00 to $240.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. UBS Group lifted their price target on shares of Howmet Aerospace from $199.00 to $209.00 and gave the stock a “neutral” rating in a research note on Friday, October 31st. TD Cowen upped their price target on shares of Howmet Aerospace from $210.00 to $240.00 and gave the company a “buy” rating in a report on Friday, October 31st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Howmet Aerospace in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $216.93.

Read Our Latest Report on HWM

Howmet Aerospace Stock Up 0.5%

Shares of NYSE:HWM opened at $204.61 on Friday. The company’s fifty day moving average is $197.62 and its two-hundred day moving average is $183.94. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31. Howmet Aerospace Inc. has a 1-year low of $105.04 and a 1-year high of $211.95. The stock has a market capitalization of $82.26 billion, a price-to-earnings ratio of 59.83, a price-to-earnings-growth ratio of 2.64 and a beta of 1.47.

Howmet Aerospace (NYSE:HWM – Get Free Report) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. The business had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.04 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 13.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.81 EPS. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. Equities analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 25th. Investors of record on Friday, November 7th were issued a $0.12 dividend. The ex-dividend date of this dividend was Friday, November 7th. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is 13.48%.

Howmet Aerospace Profile

(Free Report)

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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