Howmet Aerospace Inc. $HWM Shares Purchased by Nordea Investment Management AB

Key Points

• Nordea Investment Management AB significantly increased its stake in Howmet Aerospace Inc. by 1,340.2%, owning 880,155 shares valued at approximately $163 million.
• Howmet Aerospace reported a quarterly EPS of $0.91, exceeding expectations and showing a 9.2% year-over-year revenue growth, with revenue of $2.05 billion for the quarter.
• The company declared a $0.12 quarterly dividend, representing an annualized yield of 0.3% and a payout ratio of 14.04%.

Nordea Investment Management AB grew its position in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 1,340.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 880,155 shares of the company's stock after acquiring an additional 819,040 shares during the quarter. Nordea Investment Management AB owned about 0.22% of Howmet Aerospace worth $163,137,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Werba Rubin Papier Wealth Management acquired a new position in shares of Howmet Aerospace during the second quarter valued at $262,000. Aware Super Pty Ltd as trustee of Aware Super boosted its holdings in shares of Howmet Aerospace by 59.9% during the second quarter. Aware Super Pty Ltd as trustee of Aware Super now owns 67,825 shares of the company's stock valued at $12,624,000 after acquiring an additional 25,399 shares during the period. Wealthspan Partners LLC acquired a new position in shares of Howmet Aerospace during the second quarter valued at $222,000. New York State Teachers Retirement System boosted its holdings in shares of Howmet Aerospace by 4.5% during the second quarter. New York State Teachers Retirement System now owns 329,702 shares of the company's stock valued at $61,367,000 after acquiring an additional 14,117 shares during the period. Finally, Interchange Capital Partners LLC acquired a new position in shares of Howmet Aerospace during the second quarter valued at $39,000. Institutional investors and hedge funds own 90.46% of the company's stock.

Howmet Aerospace Price Performance

Shares of Howmet Aerospace stock opened at $189.64 on Friday. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65. The company's 50-day moving average price is $183.61 and its two-hundred day moving average price is $169.71. Howmet Aerospace Inc. has a 52 week low of $98.83 and a 52 week high of $198.48. The stock has a market cap of $76.45 billion, a PE ratio of 55.45, a price-to-earnings-growth ratio of 2.48 and a beta of 1.45.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued 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 net margin of 18.09% and a return on equity of 28.17%. The firm had revenue of $2.05 billion for the quarter, compared to analysts' expectations of $1.99 billion. During the same period in the previous year, the business 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. As a group, sell-side analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th will be given a $0.12 dividend. The ex-dividend date is Friday, November 7th. This represents a $0.48 annualized dividend and a yield of 0.3%. Howmet Aerospace's payout ratio is 14.04%.

Wall Street Analysts Forecast Growth

HWM has been the subject of several analyst reports. Truist Financial boosted their price target on shares of Howmet Aerospace from $202.00 to $217.00 and gave the company a "buy" rating in a report on Wednesday. Zacks Research downgraded shares of Howmet Aerospace from a "strong-buy" rating to a "hold" rating in a report on Friday, September 26th. JPMorgan Chase & Co. upped their price objective on shares of Howmet Aerospace from $150.00 to $190.00 and gave the stock an "overweight" rating in a report on Monday, August 4th. Barclays reaffirmed an "overweight" rating and issued a $190.00 price objective (up previously from $140.00) on shares of Howmet Aerospace in a report on Monday, August 4th. Finally, Wall Street Zen raised shares of Howmet Aerospace from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $178.00.

Howmet Aerospace 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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