DSM Capital Partners LLC Cuts Stake in Howmet Aerospace Inc. $HWM

Key Points

• DSM Capital Partners LLC reduced its stake in Howmet Aerospace by 19.5% during the 2nd quarter, now owning 718,205 shares worth approximately $133.7 million.
• Howmet Aerospace reported $0.91 earnings per share for the latest quarter, exceeding consensus estimates, with a net margin of 18.09% and revenue of $2.05 billion.
• The company declared a quarterly dividend of $0.12 per share, with an annualized dividend yield of 0.3%, payable on November 25th.

DSM Capital Partners LLC reduced its stake in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 19.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 718,205 shares of the company's stock after selling 173,897 shares during the period. Howmet Aerospace accounts for about 2.0% of DSM Capital Partners LLC's investment portfolio, making the stock its 15th largest position. DSM Capital Partners LLC owned 0.18% of Howmet Aerospace worth $133,679,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. REAP Financial Group LLC lifted its holdings in shares of Howmet Aerospace by 101.9% during the 2nd quarter. REAP Financial Group LLC now owns 212 shares of the company's stock worth $39,000 after acquiring an additional 107 shares during the period. AdvisorNet Financial Inc raised its holdings in Howmet Aerospace by 2,433.3% in the second quarter. AdvisorNet Financial Inc now owns 228 shares of the company's stock valued at $42,000 after buying an additional 219 shares during the period. Pinpoint Asset Management Ltd raised its holdings in Howmet Aerospace by 42.8% in the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company's stock valued at $31,000 after buying an additional 71 shares during the period. Hemington Wealth Management raised its holdings in Howmet Aerospace by 46.6% in the first quarter. Hemington Wealth Management now owns 255 shares of the company's stock valued at $33,000 after buying an additional 81 shares during the period. Finally, GPS Wealth Strategies Group LLC raised its holdings in Howmet Aerospace by 114.6% in the first quarter. GPS Wealth Strategies Group LLC now owns 264 shares of the company's stock valued at $34,000 after buying an additional 141 shares during the period. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Howmet Aerospace Stock Down 2.6%

Shares of NYSE:HWM opened at $183.97 on Friday. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65. Howmet Aerospace Inc. has a 52-week low of $98.83 and a 52-week high of $198.48. The company has a 50 day moving average of $182.56 and a two-hundred day moving average of $167.65. The company has a market capitalization of $74.16 billion, a price-to-earnings ratio of 53.79, a price-to-earnings-growth ratio of 2.44 and a beta of 1.45.

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

Howmet Aerospace Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. Howmet Aerospace's dividend payout ratio (DPR) is presently 14.04%.

Wall Street Analysts Forecast Growth

HWM has been the topic of several research reports. Weiss Ratings restated a "buy (b)" rating on shares of Howmet Aerospace in a report on Wednesday. Zacks Research lowered shares of Howmet Aerospace from a "strong-buy" rating to a "hold" rating in a report on Friday, September 26th. BTIG Research set a $205.00 price target on shares of Howmet Aerospace and gave the company a "buy" rating in a report on Monday, August 4th. Barclays restated an "overweight" rating and issued a $190.00 price target (up previously from $140.00) on shares of Howmet Aerospace in a report on Monday, August 4th. Finally, Susquehanna raised their price target on shares of Howmet Aerospace from $210.00 to $220.00 and gave the company a "positive" rating in a report on Thursday. Fourteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $176.21.

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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