Banque Transatlantique SA Buys 67,907 Shares of Howmet Aerospace Inc. $HWM

Key Points

• Banque Transatlantique SA increased its stake in Howmet Aerospace Inc. by 174.6% during the first quarter, now holding a total of 106,809 shares worth approximately $12.8 million.
• Howmet Aerospace has received positive modifications in analyst ratings, including upgrades to "strong buy", with current ratings showing one Strong Buy, fourteen Buy, and four Hold recommendations.
• The company recently increased its quarterly dividend from $0.10 to $0.12, marking a commitment to enhancing shareholder returns.

Banque Transatlantique SA grew its position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 174.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 106,809 shares of the company's stock after purchasing an additional 67,907 shares during the period. Banque Transatlantique SA's holdings in Howmet Aerospace were worth $12,805,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of HWM. Brighton Jones LLC lifted its holdings in shares of Howmet Aerospace by 5.4% in the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company's stock valued at $279,000 after purchasing an additional 130 shares in the last quarter. Lido Advisors LLC acquired a new stake in shares of Howmet Aerospace in the fourth quarter valued at about $220,000. Mercer Global Advisors Inc. ADV increased its position in shares of Howmet Aerospace by 25.2% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 15,953 shares of the company's stock valued at $1,745,000 after acquiring an additional 3,216 shares during the last quarter. AXA S.A. increased its position in shares of Howmet Aerospace by 189.8% in the fourth quarter. AXA S.A. now owns 35,640 shares of the company's stock valued at $3,898,000 after acquiring an additional 23,342 shares during the last quarter. Finally, Aptus Capital Advisors LLC acquired a new stake in shares of Howmet Aerospace in the fourth quarter valued at about $561,000. 90.46% of the stock is currently owned by institutional investors.

Howmet Aerospace Stock Performance

Shares of Howmet Aerospace stock traded down $1.38 on Friday, hitting $178.15. The stock had a trading volume of 2,016,261 shares, compared to its average volume of 2,156,332. Howmet Aerospace Inc. has a twelve month low of $90.71 and a twelve month high of $193.26. The business's 50 day moving average is $180.06 and its two-hundred day moving average is $157.65. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65. The stock has a market cap of $71.82 billion, a price-to-earnings ratio of 52.09, a price-to-earnings-growth ratio of 2.31 and a beta of 1.45.

Howmet Aerospace (NYSE:HWM - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.91 EPS 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 for the quarter, compared to the consensus estimate of $1.99 billion. During the same quarter in the prior year, the business earned $0.67 earnings per share. The firm's revenue for the quarter 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. Analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 25th. Stockholders of record on Friday, August 8th were given a $0.12 dividend. The ex-dividend date of this dividend was Friday, August 8th. This is a positive change from Howmet Aerospace's previous quarterly dividend of $0.10. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. Howmet Aerospace's dividend payout ratio (DPR) is currently 14.04%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on HWM shares. Barclays reaffirmed an "overweight" rating and issued a $190.00 target price (up previously from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. Truist Financial lifted their target price on Howmet Aerospace from $161.00 to $192.00 and gave the company a "buy" rating in a research report on Thursday, June 12th. Wall Street Zen raised Howmet Aerospace from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Bank of America lifted their target price on Howmet Aerospace from $185.00 to $215.00 and gave the company a "buy" rating in a research report on Tuesday, August 5th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Howmet Aerospace in a research report on Monday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, Howmet Aerospace currently has an average rating of "Moderate Buy" and a consensus price target of $172.13.

Howmet Aerospace Company Profile

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.