IFM Investors Pty Ltd Decreases Position in Howmet Aerospace Inc. $HWM

Key Points

• IFM Investors Pty Ltd has reduced its stake in Howmet Aerospace by 2.8%, now holding 73,736 shares worth approximately $9.57 million.
• Major institutional investors, including Vanguard and JPMorgan, have increased their positions, reflecting a strong confidence in Howmet Aerospace’s stock.
• Howmet Aerospace recently reported a quarterly earnings beat, with an EPS of $0.91 compared to estimates of $0.87, alongside a revenue of $2.05 billion.

IFM Investors Pty Ltd decreased its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 2.8% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 73,736 shares of the company's stock after selling 2,129 shares during the quarter. IFM Investors Pty Ltd's holdings in Howmet Aerospace were worth $9,566,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Rise Advisors LLC grew its stake in shares of Howmet Aerospace by 32.4% during the first quarter. Rise Advisors LLC now owns 270 shares of the company's stock valued at $35,000 after buying an additional 66 shares during the last quarter. Pinpoint Asset Management Ltd grew its stake in shares of Howmet Aerospace by 42.8% during the first 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 last quarter. Hemington Wealth Management grew its stake in shares of Howmet Aerospace by 46.6% during the first 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. CVA Family Office LLC grew its stake in shares of Howmet Aerospace by 15.7% during the first quarter. CVA Family Office LLC now owns 605 shares of the company's stock valued at $78,000 after buying an additional 82 shares during the last quarter. Finally, Mount Lucas Management LP grew its stake in shares of Howmet Aerospace by 3.2% during the first quarter. Mount Lucas Management LP now owns 2,661 shares of the company's stock valued at $345,000 after buying an additional 82 shares during the last quarter. Institutional investors own 90.46% of the company's stock.

Howmet Aerospace Stock Up 1.0%

Howmet Aerospace stock traded up $1.79 during mid-day trading on Friday, reaching $186.00. 1,816,508 shares of the company were exchanged, compared to its average volume of 2,142,138. The business has a fifty day moving average of $180.31 and a 200 day moving average of $159.40. 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 firm has a market cap of $74.98 billion, a P/E ratio of 54.39, a PEG ratio of 2.38 and a beta of 1.45. Howmet Aerospace Inc. has a 12-month low of $92.77 and a 12-month high of $193.26.

Howmet Aerospace (NYSE:HWM - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, topping analysts' consensus estimates of $0.87 by $0.04. The company had revenue of $2.05 billion during the quarter, compared to analyst estimates of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.Howmet Aerospace's revenue was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the business 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. Research 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 was paid on Monday, August 25th. Stockholders of record on Friday, August 8th were issued a dividend of $0.12 per share. The ex-dividend date was Friday, August 8th. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. This is a boost from Howmet Aerospace's previous quarterly dividend of $0.10. Howmet Aerospace's dividend payout ratio (DPR) is currently 14.04%.

Analyst Ratings Changes

A number of research analysts have recently commented on HWM shares. Susquehanna upped their target price on Howmet Aerospace from $170.00 to $210.00 and gave the company a "positive" rating in a research note on Monday, July 14th. Truist Financial boosted their price target on Howmet Aerospace from $161.00 to $192.00 and gave the company a "buy" rating in a report on Thursday, June 12th. Morgan Stanley boosted their price target on Howmet Aerospace from $170.00 to $210.00 and gave the company an "overweight" rating in a report on Thursday, July 17th. Vertical Research reiterated a "buy" rating on shares of Howmet Aerospace in a report on Thursday, July 31st. Finally, Barclays reiterated an "overweight" rating and issued a $190.00 price target (up previously from $140.00) on shares of Howmet Aerospace in a report on Monday, August 4th. 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 MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price 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.