Howmet Aerospace Inc. $HWM Shares Sold by APG Asset Management N.V.

Key Points

• APG Asset Management N.V. sold 3.7% of its stake in Howmet Aerospace, reducing its shares to 228,392, valued at approximately $27.4 million.
• Wall Street analysts are optimistic, with 14 rating the stock as a "Buy" and a consensus price target of $172.13.
• Howmet Aerospace has announced an increase in its quarterly dividend from $0.10 to $0.12, with an annualized yield of 0.3%.

APG Asset Management N.V. cut its stake in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 3.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 228,392 shares of the company's stock after selling 8,702 shares during the quarter. APG Asset Management N.V. owned about 0.06% of Howmet Aerospace worth $27,429,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in HWM. Brighton Jones LLC grew its stake in shares of Howmet Aerospace by 5.4% during the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company's stock worth $279,000 after purchasing an additional 130 shares during the period. MML Investors Services LLC grew its stake in shares of Howmet Aerospace by 22.9% during the 4th quarter. MML Investors Services LLC now owns 46,073 shares of the company's stock worth $5,039,000 after purchasing an additional 8,576 shares during the period. OneDigital Investment Advisors LLC grew its stake in shares of Howmet Aerospace by 44.1% during the 4th quarter. OneDigital Investment Advisors LLC now owns 7,582 shares of the company's stock worth $829,000 after purchasing an additional 2,322 shares during the period. Syon Capital LLC grew its stake in shares of Howmet Aerospace by 7.9% during the 4th quarter. Syon Capital LLC now owns 2,509 shares of the company's stock worth $274,000 after purchasing an additional 184 shares during the period. Finally, Integrated Wealth Concepts LLC grew its stake in shares of Howmet Aerospace by 36.3% during the 4th quarter. Integrated Wealth Concepts LLC now owns 3,688 shares of the company's stock worth $403,000 after purchasing an additional 983 shares during the period. 90.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on HWM shares. Morgan Stanley increased their price objective 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. Wells Fargo & Company increased their price objective on shares of Howmet Aerospace from $118.00 to $145.00 and gave the company an "equal weight" rating in a research note on Friday, May 2nd. JPMorgan Chase & Co. increased their price objective 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. UBS Group increased their price objective on shares of Howmet Aerospace from $120.00 to $155.00 and gave the company a "neutral" rating in a research note on Friday, May 2nd. Finally, Vertical Research reissued a "buy" rating on shares of Howmet Aerospace in a research note on Thursday, July 31st. Fourteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Howmet Aerospace currently has a consensus rating of "Moderate Buy" and a consensus price target of $172.13.

Howmet Aerospace Price Performance

NYSE:HWM opened at $170.7960 on Friday. The firm has a market cap of $68.85 billion, a price-to-earnings ratio of 49.94, a price-to-earnings-growth ratio of 2.21 and a beta of 1.48. 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 is $179.96 and its two-hundred day moving average is $154.60. Howmet Aerospace Inc. has a 12-month low of $90.71 and a 12-month high of $193.26.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.87 by $0.04. The company had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.99 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The firm's quarterly revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.67 EPS. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. Research analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 25th. Shareholders of record on Friday, August 8th will be issued a $0.12 dividend. This is a positive change from Howmet Aerospace's previous quarterly dividend of $0.10. The ex-dividend date is Friday, August 8th. This represents a $0.48 dividend on an annualized basis and a yield of 0.3%. Howmet Aerospace's payout ratio is currently 14.04%.

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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