Howmet Aerospace has displayed a strong performance in the quarter four and full-year results of 2024 with a record-high stock price of $129.77. A series of
investment firms including
AustralianSuper Pty Ltd,
Kingsview Wealth Management LLC, and
Compagnie Lombard Odier SCmA have increased their stakes in the company, reflecting confidence in the companyβs future. The company showed resilience even amid uncertainties such as Trump's Defense Budget comments. Upcoming strategic disclosures by Howmet's
CEO and
CFO at an elite conference may shed light on future business plans.
FY 2025 earnings guidance suggests promising future results for the company, backed by the Q4
earnings beat, increased
dividend, and continued
insider trading. Howmet Aerospace has recorded growth for its
Q4 earnings and
revenue with a 9% increase. The company's shares remain under steady acquisition, while gaining new high price targets. The bullish market sentiment reflects sound investment favorability towards Howmet Aerospace as it remains undervalued.
Howmet Aerospace HWM News Analytics from Wed, 18 Sep 2024 07:00:00 GMT to Sat, 15 Feb 2025 10:38:47 GMT -
Rating 8
- Innovation 6
- Information 8
- Rumor -4