Focus Partners Wealth Boosts Position in Howmet Aerospace Inc. $HWM

Key Points

• Focus Partners Wealth increased its stake in Howmet Aerospace by 12.5%, acquiring an additional 1,928 shares, bringing its total holdings to 17,351 shares valued at approximately $2.25 million.
• Howmet Aerospace reported a quarterly earnings per share (EPS) of $0.91, exceeding analysts' expectations of $0.87, along with a revenue of $2.05 billion, up 9.2% year-over-year.
• The company announced an increased quarterly dividend of $0.12 per share, up from the previous $0.10, reflecting a positive outlook and a dividend payout ratio of 14.04%.

Focus Partners Wealth boosted its position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 12.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,351 shares of the company's stock after buying an additional 1,928 shares during the quarter. Focus Partners Wealth's holdings in Howmet Aerospace were worth $2,251,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of HWM. Vanguard Group Inc. boosted its holdings in 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. boosted its holdings in Howmet Aerospace by 21.1% during the 1st quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company's stock valued at $3,171,970,000 after acquiring an additional 4,252,401 shares during the period. Invesco Ltd. increased its holdings in shares of Howmet Aerospace by 8.3% in 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 raised its holdings in shares of 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 acquiring an additional 45,963 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in Howmet Aerospace by 6.1% in the first quarter. Ameriprise Financial Inc. now owns 3,589,432 shares of the company's stock valued at $465,666,000 after purchasing an additional 206,397 shares during the period. Institutional investors and hedge funds own 90.46% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on HWM shares. Zacks Research raised shares of Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 25th. Bank of America increased their price objective on shares of Howmet Aerospace from $185.00 to $215.00 and gave the company a "buy" rating in a report on Tuesday, August 5th. JPMorgan Chase & Co. increased their price target on shares of Howmet Aerospace from $150.00 to $190.00 and gave the company an "overweight" rating in a research note on Monday, August 4th. Truist Financial lifted their price target on shares of Howmet Aerospace from $161.00 to $192.00 and gave the company a "buy" rating in a report on Thursday, June 12th. Finally, Morgan Stanley boosted their price target on shares of Howmet Aerospace from $170.00 to $210.00 and gave the company an "overweight" rating in a research note on Thursday, July 17th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Howmet Aerospace presently has a consensus rating of "Moderate Buy" and a consensus price target of $172.13.

Howmet Aerospace Stock Down 0.8%

HWM stock traded down $1.46 during mid-day trading on Friday, reaching $190.38. 4,620,857 shares of the company traded hands, compared to its average volume of 2,070,371. The firm's 50 day moving average price is $181.21 and its 200 day moving average price is $161.17. 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 fifty-two week low of $96.52 and a fifty-two week high of $193.26. The stock has a market cap of $76.75 billion, a price-to-earnings ratio of 55.67, a P/E/G ratio of 2.48 and a beta of 1.45.

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

Howmet Aerospace Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, August 25th. Investors of record on Friday, August 8th were given a dividend of $0.12 per share. This is a boost from Howmet Aerospace's previous quarterly dividend of $0.10. The ex-dividend date was Friday, August 8th. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. Howmet Aerospace's payout ratio is currently 14.04%.

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.