Howmet Aerospace Inc. $HWM Stake Increased by DekaBank Deutsche Girozentrale

Key Points

• DekaBank Deutsche Girozentrale increased its stake in Howmet Aerospace by 132.2%, owning 186,717 shares valued at approximately $34.9 million as of the latest SEC filing.
• Howmet Aerospace reported earnings of $0.91 per share for the second quarter, exceeding analysts' expectations, with revenue of $2.05 billion, a 9.2% year-over-year increase.
• The company announced a quarterly dividend of $0.12 per share to be paid on November 25th, reflecting an annualized dividend yield of 0.2%.

DekaBank Deutsche Girozentrale grew its position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 132.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 186,717 shares of the company's stock after acquiring an additional 106,303 shares during the quarter. DekaBank Deutsche Girozentrale's holdings in Howmet Aerospace were worth $34,927,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Interchange Capital Partners LLC bought a new stake in Howmet Aerospace during the second quarter valued at $39,000. REAP Financial Group LLC lifted its position in shares of Howmet Aerospace by 101.9% in the 2nd quarter. REAP Financial Group LLC now owns 212 shares of the company's stock worth $39,000 after buying an additional 107 shares during the last quarter. AdvisorNet Financial Inc boosted its holdings in shares of Howmet Aerospace by 2,433.3% in the 2nd quarter. AdvisorNet Financial Inc now owns 228 shares of the company's stock valued at $42,000 after buying an additional 219 shares during the period. Pinpoint Asset Management Ltd boosted its holdings in shares of 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 buying an additional 71 shares during the period. Finally, Hemington Wealth Management grew its position in shares of Howmet Aerospace by 46.6% during the 1st quarter. Hemington Wealth Management now owns 255 shares of the company's stock valued at $33,000 after buying an additional 81 shares during the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Weiss Ratings reissued a "buy (b)" rating on shares of Howmet Aerospace in a report on Wednesday, October 8th. BTIG Research set a $205.00 target price on Howmet Aerospace and gave the company a "buy" rating in a research report on Monday, August 4th. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Howmet Aerospace in a research note on Monday, June 30th. JPMorgan Chase & Co. increased their price target on Howmet Aerospace from $150.00 to $190.00 and gave the stock an "overweight" rating in a research note on Monday, August 4th. Finally, Vertical Research reissued a "buy" rating on shares of Howmet Aerospace in a report on Thursday, July 31st. Thirteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $181.92.

Howmet Aerospace Stock Performance

HWM opened at $197.26 on Wednesday. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65. The firm has a market cap of $79.52 billion, a PE ratio of 57.68, a P/E/G ratio of 2.50 and a beta of 1.45. The business has a fifty day simple moving average of $184.19 and a 200-day simple moving average of $171.02. Howmet Aerospace Inc. has a fifty-two week low of $98.83 and a fifty-two week high of $198.48.

Howmet Aerospace (NYSE:HWM - Get Free Report) last announced its 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 company had revenue of $2.05 billion during the quarter, compared to analysts' expectations of $1.99 billion. During the same period last year, the company posted $0.67 earnings per share. The business's revenue for the quarter 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. As a group, equities analysts predict that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Investors of record on Friday, November 7th will be issued a $0.12 dividend. The ex-dividend date is Friday, November 7th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace's dividend payout ratio is currently 14.04%.

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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