American Century Companies Inc. Has $310.82 Million Stock Position in Howmet Aerospace Inc. $HWM

Key Points

• American Century Companies Inc. has decreased its holdings in Howmet Aerospace by 3.7%, trimming its position to about 2,395,928 shares worth $310,824,000 after selling 92,358 shares in Q1.
• Howmet Aerospace reported earnings per share (EPS) of $0.91 for the last quarter, exceeding expectations and showing a 9.2% revenue increase year-over-year.
• The company recently announced a dividend increase to $0.12 per share, marking a raise from the previous $0.10, with a dividend yield of 0.3%.

American Century Companies Inc. reduced its position in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 3.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,395,928 shares of the company's stock after selling 92,358 shares during the period. American Century Companies Inc. owned approximately 0.59% of Howmet Aerospace worth $310,824,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Kapitalo Investimentos Ltda acquired a new stake in Howmet Aerospace during the 4th quarter worth approximately $30,000. Pinpoint Asset Management Ltd lifted its holdings in Howmet Aerospace by 42.8% during the 1st quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company's stock worth $31,000 after purchasing an additional 71 shares during the last quarter. Hemington Wealth Management grew its position in Howmet Aerospace by 46.6% during the first quarter. Hemington Wealth Management now owns 255 shares of the company's stock worth $33,000 after buying an additional 81 shares in the last quarter. GPS Wealth Strategies Group LLC grew its position in Howmet Aerospace by 114.6% during the first quarter. GPS Wealth Strategies Group LLC now owns 264 shares of the company's stock worth $34,000 after buying an additional 141 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC grew its position in Howmet Aerospace by 100.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company's stock worth $36,000 after buying an additional 140 shares in the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

HWM has been the subject of several analyst reports. Benchmark lifted their price objective on Howmet Aerospace from $85.00 to $135.00 and gave the company a "buy" rating in a report on Monday, April 21st. Wells Fargo & Company lifted their price objective on Howmet Aerospace from $118.00 to $145.00 and gave the company an "equal weight" rating in a report on Friday, May 2nd. Vertical Research reaffirmed a "buy" rating on shares of Howmet Aerospace in a report on Thursday, July 31st. BTIG Research set a $205.00 price objective on Howmet Aerospace and gave the company a "buy" rating in a report on Monday, August 4th. Finally, Susquehanna lifted their price objective on Howmet Aerospace from $170.00 to $210.00 and gave the company a "positive" rating in a report on Monday, July 14th. Fourteen analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $172.13.

Howmet Aerospace Price Performance

HWM traded down $0.9750 on Tuesday, reaching $172.0750. The stock had a trading volume of 2,273,904 shares, compared to its average volume of 3,038,936. The firm has a 50-day moving average of $179.83 and a 200-day moving average of $153.52. The company has a market capitalization of $69.37 billion, a price-to-earnings ratio of 50.31, a price-to-earnings-growth ratio of 2.22 and a beta of 1.48. Howmet Aerospace Inc. has a fifty-two week low of $90.71 and a fifty-two week high of $193.26. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The company had revenue of $2.05 billion during the quarter, compared to analysts' expectations of $1.99 billion. During the same quarter in the prior year, the firm posted $0.67 earnings per share. The business's quarterly revenue was up 9.2% on a year-over-year basis. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. As a group, sell-side analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 25th. Investors of record on Friday, August 8th will be paid a dividend of $0.12 per share. This is an increase from Howmet Aerospace's previous quarterly dividend of $0.10. This represents a $0.48 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Friday, August 8th. Howmet Aerospace's payout ratio is 14.04%.

About Howmet Aerospace

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.