Howmet Aerospace Inc. $HWM Shares Acquired by Aberdeen Group plc

Key Points

• Aberdeen Group plc increased its stake in Howmet Aerospace Inc. by 3.8% in Q2, owning approximately 0.08% of the company, worth about $63.8 million.
• Several analysts upgraded their ratings on Howmet Aerospace, with price targets raised to as high as $215.00, reflecting strong investor confidence.
• Howmet Aerospace recently announced a quarterly dividend of $0.12 per share, representing an annual yield of 0.3% with an upcoming ex-dividend date of November 7th.

Aberdeen Group plc raised its position in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 3.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 342,652 shares of the company's stock after acquiring an additional 12,577 shares during the quarter. Aberdeen Group plc owned approximately 0.08% of Howmet Aerospace worth $63,848,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the company. Harbour Investments Inc. increased its holdings in shares of Howmet Aerospace by 10.1% in the first quarter. Harbour Investments Inc. now owns 1,114 shares of the company's stock valued at $145,000 after purchasing an additional 102 shares during the last quarter. PFG Advisors increased its holdings in shares of Howmet Aerospace by 37.9% in the first quarter. PFG Advisors now owns 9,593 shares of the company's stock valued at $1,245,000 after purchasing an additional 2,635 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Howmet Aerospace by 233.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 140,883 shares of the company's stock valued at $18,277,000 after purchasing an additional 98,642 shares during the last quarter. Private Trust Co. NA increased its holdings in shares of Howmet Aerospace by 65.4% in the first quarter. Private Trust Co. NA now owns 673 shares of the company's stock valued at $87,000 after purchasing an additional 266 shares during the last quarter. Finally, Diversified Trust Co increased its holdings in shares of Howmet Aerospace by 13.5% in the second quarter. Diversified Trust Co now owns 22,297 shares of the company's stock valued at $4,150,000 after purchasing an additional 2,645 shares during the last quarter. Institutional investors and hedge funds own 90.46% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on HWM shares. Barclays reaffirmed 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. Bank of America increased their price target on Howmet Aerospace from $185.00 to $215.00 and gave the company a "buy" rating in a report on Tuesday, August 5th. BTIG Research set a $205.00 price target on Howmet Aerospace and gave the company a "buy" rating in a report on Monday, August 4th. JPMorgan Chase & Co. increased their price objective on Howmet Aerospace from $150.00 to $190.00 and gave the stock an "overweight" rating in a research report on Monday, August 4th. Finally, Morgan Stanley increased their price objective on Howmet Aerospace from $170.00 to $210.00 and gave the stock an "overweight" rating in a research report on Thursday, July 17th. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $176.21.

Howmet Aerospace Trading Down 2.6%

Shares of Howmet Aerospace stock opened at $183.97 on Friday. Howmet Aerospace Inc. has a fifty-two week low of $98.83 and a fifty-two week high of $198.48. The stock has a 50 day moving average of $182.56 and a 200 day moving average of $167.88. The firm has a market capitalization of $74.16 billion, a price-to-earnings ratio of 53.79, a PEG ratio of 2.38 and a beta of 1.45. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released 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. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The business had revenue of $2.05 billion during the quarter, compared to analyst estimates of $1.99 billion. During the same period last year, the business posted $0.67 earnings per share. The company's quarterly revenue 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, research analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The company 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. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Friday, November 7th. Howmet Aerospace's dividend payout ratio (DPR) 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.

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