Sapient Capital LLC Sells 3,545 Shares of Howmet Aerospace Inc. $HWM

Key Points

• Sapient Capital LLC reduced its stake in Howmet Aerospace by 6.1%, selling 3,545 shares, which left them with holdings valued at $10.17 million.
• Howmet Aerospace reported a 9.2% year-over-year revenue increase, achieving $2.05 billion for the quarter, and surpassed earnings estimates with $0.91 EPS compared to $0.87 expected.
• The company announced an increase in its quarterly dividend from $0.10 to $0.12, reflecting a commitment to returning value to shareholders.

Sapient Capital LLC cut its stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 6.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 54,636 shares of the company's stock after selling 3,545 shares during the period. Sapient Capital LLC's holdings in Howmet Aerospace were worth $10,169,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Pinpoint Asset Management Ltd boosted its holdings in Howmet Aerospace by 42.8% in the 1st quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company's stock valued at $31,000 after purchasing an additional 71 shares during the period. Hemington Wealth Management boosted its holdings in Howmet Aerospace by 46.6% in the 1st quarter. Hemington Wealth Management now owns 255 shares of the company's stock valued at $33,000 after purchasing an additional 81 shares during the period. GPS Wealth Strategies Group LLC boosted its holdings in Howmet Aerospace by 114.6% in the 1st quarter. GPS Wealth Strategies Group LLC now owns 264 shares of the company's stock valued at $34,000 after purchasing an additional 141 shares during the period. Rise Advisors LLC boosted its holdings in Howmet Aerospace by 32.4% in the 1st quarter. Rise Advisors LLC now owns 270 shares of the company's stock valued at $35,000 after purchasing an additional 66 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its holdings in Howmet Aerospace by 100.7% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company's stock valued at $36,000 after purchasing an additional 140 shares during the period. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Trading Down 0.8%

Howmet Aerospace stock traded down $1.46 during midday trading on Friday, hitting $190.38. 4,620,857 shares of the stock were exchanged, compared to its average volume of 2,070,371. The company has a fifty day simple moving average of $181.21 and a two-hundred day simple moving average of $161.39. Howmet Aerospace Inc. has a 52 week low of $96.52 and a 52 week high of $193.26. The stock has a market capitalization of $76.75 billion, a PE ratio of 55.67, a P/E/G ratio of 2.46 and a beta of 1.45. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.91 earnings per share 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 business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.99 billion. During the same quarter last year, the firm earned $0.67 EPS. Howmet Aerospace's quarterly revenue 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. Equities research analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Barclays reaffirmed an "overweight" rating and set a $190.00 price objective (up from $140.00) on shares of Howmet Aerospace in a report on Monday, August 4th. BTIG Research set a $205.00 target price on shares of Howmet Aerospace and gave the stock a "buy" rating in a research report on Monday, August 4th. Susquehanna increased their target price on shares of Howmet Aerospace from $170.00 to $210.00 and gave the stock a "positive" rating in a research report on Monday, July 14th. Zacks Research upgraded shares of Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 25th. Finally, Royal Bank Of Canada reiterated an "outperform" rating on shares of Howmet Aerospace in a research report on Monday, June 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target 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.