Landscape Capital Management L.L.C. Trims Stake in Howmet Aerospace Inc. $HWM

Key Points

• Landscape Capital Management L.L.C. reduced its stake in Howmet Aerospace Inc. by 21.7% during the first quarter, selling 3,276 shares and holding a total of 11,827 shares valued at $1,534,000.
• Howmet Aerospace's recently reported earnings surpassed expectations, with a quarterly EPS of $0.91, exceeding the consensus estimate of $0.87 and showing a 9.2% revenue increase year-over-year.
• The company has announced an increase in its quarterly dividend from $0.10 to $0.12, representing an annualized dividend yield of 0.3% and a payout ratio of 14.04%.

Landscape Capital Management L.L.C. cut its stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 21.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,827 shares of the company's stock after selling 3,276 shares during the quarter. Landscape Capital Management L.L.C.'s holdings in Howmet Aerospace were worth $1,534,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of HWM. Kapitalo Investimentos Ltda acquired a new stake in shares of Howmet Aerospace in the fourth quarter valued at about $30,000. Pinpoint Asset Management Ltd raised its position in shares of 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 buying an additional 71 shares during the last quarter. Hemington Wealth Management increased its position 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 purchasing an additional 81 shares during the last quarter. GPS Wealth Strategies Group LLC increased its position in Howmet Aerospace by 114.6% during the first quarter. GPS Wealth Strategies Group LLC now owns 264 shares of the company's stock worth $34,000 after purchasing an additional 141 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC increased its position in Howmet Aerospace by 100.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company's stock worth $36,000 after purchasing an additional 140 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Stock Down 0.6%

HWM stock traded down $0.98 during mid-day trading on Tuesday, reaching $173.12. The company had a trading volume of 1,974,379 shares, compared to its average volume of 3,006,145. Howmet Aerospace Inc. has a fifty-two week low of $90.71 and a fifty-two week high of $193.26. The company has a market capitalization of $69.79 billion, a price-to-earnings ratio of 50.62, a price-to-earnings-growth ratio of 2.25 and a beta of 1.45. 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 fifty day simple moving average of $180.26 and a 200 day simple moving average of $156.69.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its quarterly 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 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 the consensus estimate of $1.99 billion. During the same quarter in the previous year, the firm earned $0.67 earnings per share. The firm's quarterly revenue 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. Analysts forecast 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 $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Friday, August 8th. This is an increase from Howmet Aerospace's previous quarterly dividend of $0.10. Howmet Aerospace's dividend payout ratio (DPR) is currently 14.04%.

Analyst Ratings Changes

Several research firms recently issued reports on HWM. Barclays restated an "overweight" rating and set a $190.00 price objective (up from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. JPMorgan Chase & Co. raised their price objective on shares of Howmet Aerospace from $150.00 to $190.00 and gave the stock an "overweight" rating in a research report on Monday, August 4th. Wall Street Zen upgraded shares of Howmet Aerospace from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Zacks Research raised shares of Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 25th. Finally, BTIG Research set a $205.00 target price on shares of Howmet Aerospace and gave the stock a "buy" rating in a research note on Monday, August 4th. 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 stock. Based on data from MarketBeat, Howmet Aerospace presently has an average rating of "Moderate Buy" and a consensus target price 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.