Howmet Aerospace Inc. $HWM Shares Bought by HighTower Advisors LLC

Key Points

• HighTower Advisors LLC has increased its holdings in Howmet Aerospace Inc. by 7.2%, owning 29,971 shares valued at approximately $3.89 million as of their latest SEC filing.
• Howmet Aerospace reported a quarterly earnings per share (EPS) of $0.91, surpassing analysts' expectations of $0.87, with revenues reaching $2.05 billion.
• The company announced a quarterly dividend increase from $0.10 to $0.12, with a payout scheduled for August 25th, representing an annualized yield of 0.3%.

HighTower Advisors LLC lifted its position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 7.2% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 29,971 shares of the company's stock after buying an additional 2,008 shares during the period. HighTower Advisors LLC's holdings in Howmet Aerospace were worth $3,888,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of HWM. Pinpoint Asset Management Ltd grew 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 worth $31,000 after purchasing an additional 71 shares during the last quarter. Hemington Wealth Management increased its position in Howmet Aerospace by 46.6% during the 1st quarter. Hemington Wealth Management now owns 255 shares of the company's stock valued at $33,000 after buying an additional 81 shares in the last quarter. CVA Family Office LLC raised its stake in Howmet Aerospace by 15.7% in the first quarter. CVA Family Office LLC now owns 605 shares of the company's stock valued at $78,000 after buying an additional 82 shares during the last quarter. Mount Lucas Management LP raised its stake in Howmet Aerospace by 3.2% in the first quarter. Mount Lucas Management LP now owns 2,661 shares of the company's stock valued at $345,000 after buying an additional 82 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings in Howmet Aerospace by 4.9% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,971 shares of the company's stock worth $256,000 after acquiring an additional 92 shares in the last quarter. Institutional investors own 90.46% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on HWM shares. UBS Group upped their price objective on shares of Howmet Aerospace from $120.00 to $155.00 and gave the company a "neutral" rating in a report on Friday, May 2nd. Wells Fargo & Company raised their price target on shares of Howmet Aerospace from $118.00 to $145.00 and gave the stock an "equal weight" rating in a report on Friday, May 2nd. Morgan Stanley boosted their price objective 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. Bank of America upped 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, Susquehanna raised their target price on Howmet Aerospace from $170.00 to $210.00 and gave the stock a "positive" rating in a research note on Monday, July 14th. Fourteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $172.13.

Howmet Aerospace Stock Performance

NYSE:HWM traded down $2.4540 during mid-day trading on Friday, hitting $170.7960. The company's stock had a trading volume of 2,995,686 shares, compared to its average volume of 2,800,806. The stock has a market cap of $68.85 billion, a price-to-earnings ratio of 53.11, a PEG ratio of 2.21 and a beta of 1.48. The business's fifty day moving average is $179.96 and its two-hundred day moving average is $154.41. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08. Howmet Aerospace Inc. has a 1 year low of $90.71 and a 1 year high of $193.26.

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, topping 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 firm had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.99 billion. During the same period last year, the company earned $0.67 earnings per share. Howmet Aerospace's revenue for the quarter was up 9.2% compared to the same quarter last year. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. Analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

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