Howmet Aerospace Inc. $HWM Stock Holdings Cut by Fjarde AP Fonden Fourth Swedish National Pension Fund

Key Points

• The Fjarde AP Fonden Fourth Swedish National Pension Fund reduced its stake in Howmet Aerospace by 20.2% during the first quarter, now holding 37,853 shares valued at approximately $4.91 million.
• Howmet Aerospace reported earnings per share of $0.91 for the last quarter, surpassing expectations and marking a 9.2% year-over-year revenue increase to $2.05 billion.
• The company announced a quarterly dividend increase from $0.10 to $0.12, reflecting a 0.3% dividend yield and a payout ratio of 14.04%.

Fjarde AP Fonden Fourth Swedish National Pension Fund reduced its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 20.2% in the first quarter, according to its most recent filing with the SEC. The fund owned 37,853 shares of the company's stock after selling 9,600 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in Howmet Aerospace were worth $4,911,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Harbour Investments Inc. grew its stake in Howmet Aerospace by 10.1% in the 1st quarter. Harbour Investments Inc. now owns 1,114 shares of the company's stock worth $145,000 after acquiring an additional 102 shares in the last quarter. PFG Advisors lifted its stake in Howmet Aerospace by 37.9% in the first quarter. PFG Advisors now owns 9,593 shares of the company's stock worth $1,245,000 after acquiring an additional 2,635 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Howmet Aerospace by 233.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 140,883 shares of the company's stock valued at $18,277,000 after purchasing an additional 98,642 shares in the last quarter. Park Avenue Securities LLC lifted its position in shares of Howmet Aerospace by 126.1% in the 1st quarter. Park Avenue Securities LLC now owns 24,207 shares of the company's stock worth $3,140,000 after purchasing an additional 13,500 shares during the period. Finally, Private Trust Co. NA increased its holdings in Howmet Aerospace by 65.4% during the first quarter. Private Trust Co. NA now owns 673 shares of the company's stock valued at $87,000 after buying an additional 266 shares during the period. Hedge funds and other institutional investors own 90.46% of the company's stock.

Howmet Aerospace Price Performance

Shares of NYSE:HWM traded up $0.6660 on Thursday, hitting $172.6060. The company had a trading volume of 808,056 shares, compared to its average volume of 3,022,921. Howmet Aerospace Inc. has a 52-week low of $90.71 and a 52-week high of $193.26. The business has a 50 day moving average of $179.92 and a 200 day moving average of $153.78. The company has a market cap of $69.58 billion, a PE ratio of 50.54, a PEG ratio of 2.22 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.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.87 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The business had revenue of $2.05 billion during the quarter, compared to analysts' expectations of $1.99 billion. During the same quarter in the previous year, the business earned $0.67 EPS. The company'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 anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 25th. Investors of record on Friday, August 8th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, August 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. This is a boost from Howmet Aerospace's previous quarterly dividend of $0.10. Howmet Aerospace's payout ratio is currently 14.04%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on HWM. UBS Group increased their target price on Howmet Aerospace from $120.00 to $155.00 and gave the company a "neutral" rating in a research report on Friday, May 2nd. Royal Bank Of Canada restated an "outperform" rating on shares of Howmet Aerospace in a report on Monday, June 30th. JPMorgan Chase & Co. upped their price target on Howmet Aerospace from $150.00 to $190.00 and gave the stock an "overweight" rating in a research report on Monday, August 4th. Barclays restated an "overweight" rating and set a $190.00 target price (up from $140.00) on shares of Howmet Aerospace in a research note on Monday, August 4th. Finally, Truist Financial raised their price target on Howmet Aerospace from $161.00 to $192.00 and gave the stock a "buy" rating in a report on Thursday, June 12th. Fourteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $172.13.

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.