Compagnie Lombard Odier SCmA Sells 4,173 Shares of Howmet Aerospace Inc. $HWM

Key Points

• Compagnie Lombard Odier SCmA has reduced its holdings in Howmet Aerospace Inc. by 80.2%, selling 4,173 shares and now owning only 1,030 shares worth approximately $192,000.
• Several institutional investors, including Vanguard Group Inc. and JPMorgan Chase & Co., have increased their stakes in Howmet Aerospace, showing strong interest from large financial entities.
• Howmet Aerospace reported a revenue of $2.05 billion for the last quarter, surpassing analyst expectations and indicating a 9.2% increase compared to the same period last year.

Compagnie Lombard Odier SCmA decreased its holdings in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 80.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,030 shares of the company's stock after selling 4,173 shares during the quarter. Compagnie Lombard Odier SCmA's holdings in Howmet Aerospace were worth $192,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in HWM. Vanguard Group Inc. boosted its stake in shares of Howmet Aerospace by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 47,813,262 shares of the company's stock worth $6,202,814,000 after acquiring an additional 695,953 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Howmet Aerospace by 21.1% during the first quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company's stock valued at $3,171,970,000 after purchasing an additional 4,252,401 shares in the last quarter. Invesco Ltd. grew its holdings in Howmet Aerospace by 8.3% during the first quarter. Invesco Ltd. now owns 7,315,238 shares of the company's stock valued at $949,006,000 after purchasing an additional 563,109 shares during the period. Northern Trust Corp grew its holdings in Howmet Aerospace by 1.3% during the first quarter. Northern Trust Corp now owns 3,722,871 shares of the company's stock valued at $482,968,000 after purchasing an additional 45,963 shares during the period. Finally, Ameriprise Financial Inc. increased its position in Howmet Aerospace by 6.1% in the first quarter. Ameriprise Financial Inc. now owns 3,589,432 shares of the company's stock worth $465,666,000 after buying an additional 206,397 shares in the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

HWM has been the subject of a number of recent research reports. Wall Street Zen upgraded Howmet Aerospace from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Morgan Stanley lifted their price target on shares of Howmet Aerospace from $170.00 to $210.00 and gave the company an "overweight" rating in a report on Thursday, July 17th. BTIG Research set a $205.00 price objective on shares of Howmet Aerospace and gave the company a "buy" rating in a research report on Monday, August 4th. Zacks Research upgraded shares of Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 25th. Finally, Bank of America increased their price target on Howmet Aerospace from $185.00 to $215.00 and gave the stock a "buy" rating in a research note on Tuesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $172.13.

Howmet Aerospace Stock Performance

HWM opened at $193.55 on Wednesday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31. The stock has a market capitalization of $78.03 billion, a price-to-earnings ratio of 56.59, a PEG ratio of 2.49 and a beta of 1.45. The company has a fifty day moving average of $181.54 and a 200 day moving average of $162.33. Howmet Aerospace Inc. has a fifty-two week low of $97.86 and a fifty-two week high of $194.35.

Howmet Aerospace (NYSE:HWM - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.87 by $0.04. The business had revenue of $2.05 billion for the quarter, compared to analysts' expectations of $1.99 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The business's quarterly revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.67 EPS. 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 forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 25th. Shareholders of record on Friday, August 8th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. 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. Howmet Aerospace's dividend payout ratio is presently 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.

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