Howmet Aerospace (HWM) has consistently garnered attention in the market. Principal Financial Group Inc. and Industrial Alliance Investment Management Inc. both trimmed their holdings in HWM, while AustralianSuper Pty Ltd, Picton Mahoney Asset Management, and Nisa Investment Advisors LLC increased theirs. Notably, Executive VP & CFO Kenneth Giacobbe sold a noteworthy batch of shares. Despite changing stakes, market participants recognized Howmet's earnings, with robust demand lifting its earnings and HWM stock displaying a buy-signal. Its intrinsic value is thought to be considerably above its share price. The company's performance outpaced other construction stocks, sending shares soaring. HWM's strong financials have driven their uptrend, culminating in a two-notch rating upgrade from Moody's and an outlook upgrade from Fitch. Howmet also shone in the aerospace stocks Q2 results and surpassed Q1 revenue and earning estimates. Despite Boeing trimming parts orders, HWM responded with resiliency, lifting financial forecasts, buying back shares, and boosting dividends.
Howmet Aerospace HWM News Analytics from Mon, 12 Feb 2024 22:55:06 GMT to Sun, 01 Sep 2024 12:23:32 GMT -
Rating 8
- Innovation 7
- Rumor 6
