Robeco Institutional Asset Management B.V. Raises Position in Howmet Aerospace Inc. $HWM

by · The Markets Daily

Robeco Institutional Asset Management B.V. increased its holdings in Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 3.7% in the third quarter, Holdings Channel.com reports. The firm owned 447,148 shares of the company’s stock after purchasing an additional 15,852 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Howmet Aerospace were worth $87,744,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. KG&L Capital Management LLC lifted its holdings in shares of Howmet Aerospace by 74.2% during the 3rd quarter. KG&L Capital Management LLC now owns 2,441 shares of the company’s stock worth $479,000 after acquiring an additional 1,040 shares during the period. D.A. Davidson & CO. raised its stake in Howmet Aerospace by 12.4% during the third quarter. D.A. Davidson & CO. now owns 14,843 shares of the company’s stock worth $2,913,000 after purchasing an additional 1,641 shares during the period. CWA Asset Management Group LLC boosted its holdings in shares of Howmet Aerospace by 8.2% in the 3rd quarter. CWA Asset Management Group LLC now owns 1,327 shares of the company’s stock valued at $260,000 after purchasing an additional 101 shares during the last quarter. Daymark Wealth Partners LLC grew its stake in shares of Howmet Aerospace by 7.8% during the 3rd quarter. Daymark Wealth Partners LLC now owns 4,775 shares of the company’s stock valued at $937,000 after buying an additional 346 shares during the period. Finally, Commonwealth Equity Services LLC increased its holdings in shares of Howmet Aerospace by 8.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 175,273 shares of the company’s stock worth $34,394,000 after buying an additional 13,601 shares during the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

Howmet Aerospace Stock Up 0.8%

Shares of NYSE HWM opened at $214.71 on Wednesday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.14 and a current ratio of 2.35. Howmet Aerospace Inc. has a 1 year low of $105.04 and a 1 year high of $216.38. The stock’s 50-day simple moving average is $202.80 and its 200-day simple moving average is $190.83. The firm has a market cap of $86.32 billion, a price-to-earnings ratio of 60.31, a PEG ratio of 2.04 and a beta of 1.29.

Howmet Aerospace (NYSE:HWM – Get Free Report) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.04. Howmet Aerospace had a return on equity of 29.21% and a net margin of 18.18%.The company had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.04 billion. During the same period in the previous year, the business earned $0.81 EPS. Howmet Aerospace’s revenue for the quarter was up 13.8% compared to the same quarter last year. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS and its Q4 2025 guidance at 0.940-0.960 EPS. As a group, equities analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on HWM. Weiss Ratings reissued a “buy (b)” rating on shares of Howmet Aerospace in a research report on Wednesday, October 8th. Susquehanna set a $235.00 target price on Howmet Aerospace and gave the stock a “positive” rating in a report on Friday, October 31st. Citigroup assumed coverage on shares of Howmet Aerospace in a report on Thursday, December 11th. They issued a “buy” rating and a $246.00 price target on the stock. Bank of America boosted their price objective on shares of Howmet Aerospace from $215.00 to $250.00 and gave the stock a “buy” rating in a research note on Friday, November 14th. Finally, Truist Financial raised their target price on shares of Howmet Aerospace from $202.00 to $217.00 and gave the company a “buy” rating in a research note on Wednesday, October 15th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Howmet Aerospace has a consensus rating of “Moderate Buy” and an average price target of $220.41.

Read Our Latest Research Report on HWM

Howmet Aerospace Company Profile

(Free Report)

Howmet Aerospace Inc is an industrial technology company that designs, manufactures and repairs engineered metal products for the aerospace, transportation and industrial markets. Its product portfolio includes precision castings and forgings, engineered fasteners, seamless rolled rings, and complex components for turbine engines, airframes and industrial gas turbines. The company also provides aftermarket services such as component repair, overhaul and parts distribution to support the operating fleet of commercial and military customers.

Howmet serves a global customer base of original equipment manufacturers (OEMs) and aftermarket operators, with manufacturing, service and distribution facilities across North America, Europe and Asia.

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