Howmet AerospaceHWM
About: Howmet Aerospace Inc produces products that are majorly used in aerospace, commercial transportation, and industrial and other markets. The company seeks to provide its customers with solutions through offering differentiated products such as airfoils with cooling and coatings for extreme temperature applications, specially designed fasteners for lightweight composite airframe construction, reduced assembly costs, and lightning strike protection and lightweight aluminum commercial wheels. It has four reportable segments namely, Engine Products, Fastening Systems, Engineered Structures and Forged Wheels.
Employees: 23,200
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
72% more call options, than puts
Call options by funds: $148M | Put options by funds: $86.2M
65% more first-time investments, than exits
New positions opened: 145 | Existing positions closed: 88
26% more repeat investments, than reductions
Existing positions increased: 329 | Existing positions reduced: 261
23% more capital invested
Capital invested by funds: $29.3B [Q2] → $36B (+$6.73B) [Q3]
20% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 6 (+1) [Q3]
7% more funds holding
Funds holding: 786 [Q2] → 843 (+57) [Q3]
4.28% less ownership
Funds ownership: 92.36% [Q2] → 88.08% (-4.28%) [Q3]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Wells Fargo Matthew Akers 33% 1-year accuracy 15 / 46 met price target | 19%upside $132 | Overweight Maintained | 11 Dec 2024 |
B of A Securities Ronald Epstein 47% 1-year accuracy 14 / 30 met price target | 22%upside $135 | Buy Maintained | 13 Nov 2024 |
Barclays David Strauss 54% 1-year accuracy 14 / 26 met price target | 17%upside $130 | Overweight Maintained | 11 Nov 2024 |
Baird Peter Arment 56% 1-year accuracy 15 / 27 met price target | 30%upside $144 | Outperform Maintained | 7 Nov 2024 |
RBC Capital Ken Herbert 51% 1-year accuracy 35 / 69 met price target | 22%upside $135 | Outperform Maintained | 7 Nov 2024 |
Financial journalist opinion
Based on 5 articles about HWM published over the past 30 days
