Howmet Aerospace Inc. $HWM Shares Sold by Swedbank AB

Key Points

• Swedbank AB reduced its holdings in Howmet Aerospace Inc. by 1.8%, ending the first quarter with 135,947 shares valued at approximately $17.6 million.
• Several analysts have a primarily positive outlook for Howmet Aerospace, with 14 Buy ratings and a consensus price target of $172.13, while Truist Financial increased its price objective to $192.00.
• Howmet Aerospace announced a quarterly dividend increase from $0.10 to $0.12, reflecting a new annualized dividend of $0.48 and a dividend yield of 0.3%.

Swedbank AB lessened its position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 1.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 135,947 shares of the company's stock after selling 2,431 shares during the period. Swedbank AB's holdings in Howmet Aerospace were worth $17,636,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of HWM. Pinpoint Asset Management Ltd grew its holdings in Howmet Aerospace by 42.8% in the first 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 grew its stake in Howmet Aerospace by 46.6% during the first quarter. Hemington Wealth Management now owns 255 shares of the company's stock worth $33,000 after buying an additional 81 shares during the period. GPS Wealth Strategies Group LLC boosted its stake in shares of Howmet Aerospace by 114.6% in the first 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 stake in shares of Howmet Aerospace by 32.4% in the first 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 stake in shares of Howmet Aerospace by 100.7% in the first 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. Institutional investors and hedge funds own 90.46% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on HWM. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Howmet Aerospace in a report on Monday, June 30th. Wall Street Zen raised shares of Howmet Aerospace from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Truist Financial increased their price objective on shares of Howmet Aerospace from $161.00 to $192.00 and gave the stock a "buy" rating in a report on Thursday, June 12th. BTIG Research set a $205.00 target price on shares of Howmet Aerospace and gave the company a "buy" rating in a research report on Monday, August 4th. Finally, Bank of America increased their target price 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. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $172.13.

Howmet Aerospace Price Performance

Shares of HWM opened at $186.00 on Monday. The firm has a market cap of $74.98 billion, a PE ratio of 54.39, a PEG ratio of 2.40 and a beta of 1.45. The firm's 50 day moving average price is $180.31 and its 200 day moving average price is $159.58. 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 Inc. has a twelve month low of $92.77 and a twelve month high of $193.26.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.04. The firm 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 company's revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.67 earnings per share. 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 expect that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

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