Dimensional Fund Advisors LP Decreases Stock Holdings in Howmet Aerospace Inc. $HWM

Key Points

• Dimensional Fund Advisors LP has reduced its stake in Howmet Aerospace by 13.3%, selling 274,280 shares, leaving them with approximately 1.78 million shares valued at $231 million.
• Research analysts have issued new price targets for Howmet Aerospace, with Barclays raising their target from $140 to $190, and fourteenth investment analysts rating the stock as a Buy.
• Howmet Aerospace has increased its quarterly dividend from $0.10 to $0.12 per share, indicating a strong financial performance with a 9.2% year-over-year revenue increase.

Dimensional Fund Advisors LP trimmed its position in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 13.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,781,628 shares of the company's stock after selling 274,280 shares during the period. Dimensional Fund Advisors LP owned 0.44% of Howmet Aerospace worth $231,108,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of Howmet Aerospace by 1.5% in the first quarter. Vanguard Group Inc. now owns 47,813,262 shares of the company's stock valued at $6,202,814,000 after purchasing an additional 695,953 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Howmet Aerospace by 21.1% during the first quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company's stock worth $3,171,970,000 after purchasing an additional 4,252,401 shares during the period. Price T Rowe Associates Inc. MD lifted its position in Howmet Aerospace by 0.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 13,213,937 shares of the company's stock worth $1,445,210,000 after purchasing an additional 80,972 shares during the period. Janus Henderson Group PLC lifted its position in Howmet Aerospace by 10.3% during the fourth quarter. Janus Henderson Group PLC now owns 10,947,354 shares of the company's stock worth $1,197,315,000 after purchasing an additional 1,026,130 shares during the period. Finally, Invesco Ltd. lifted its position in Howmet Aerospace by 8.3% during the first quarter. Invesco Ltd. now owns 7,315,238 shares of the company's stock worth $949,006,000 after purchasing an additional 563,109 shares during the period. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Price Performance

Howmet Aerospace stock traded down $2.4540 during mid-day trading on Friday, hitting $170.7960. 2,995,686 shares of the company traded hands, compared to its average volume of 2,800,806. Howmet Aerospace Inc. has a one year low of $90.71 and a one year high of $193.26. The stock has a market cap of $68.85 billion, a price-to-earnings ratio of 49.94, a price-to-earnings-growth ratio of 2.24 and a beta of 1.48. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31. The stock has a fifty day moving average price of $179.96 and a 200-day moving average price of $154.41.

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, beating analysts' consensus estimates of $0.87 by $0.04. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The business had revenue of $2.05 billion for the quarter, compared to analysts' expectations of $1.99 billion. During the same period last year, the business earned $0.67 earnings per share. The business'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. On average, equities analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 25th. Investors of record on Friday, August 8th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.3%. This is an increase from Howmet Aerospace's previous quarterly dividend of $0.10. The ex-dividend date is Friday, August 8th. Howmet Aerospace's dividend payout ratio (DPR) is presently 14.04%.

Wall Street Analyst Weigh In

HWM has been the subject of a number of research reports. Wells Fargo & Company increased their target price 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. Royal Bank Of Canada reissued an "outperform" rating on shares of Howmet Aerospace in a research note on Monday, June 30th. JPMorgan Chase & Co. lifted 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 upped their price objective on shares of Howmet Aerospace from $120.00 to $155.00 and gave the stock a "neutral" rating in a report on Friday, May 2nd. Finally, Bank of America raised their price target on shares of Howmet Aerospace from $185.00 to $215.00 and gave the company a "buy" rating in a research report on Tuesday, August 5th. Fourteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $172.13.

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.