NatWest Group plc Makes New Investment in Howmet Aerospace Inc. $HWM

Key Points

• NatWest Group plc acquired a new stake of 72,757 shares in Howmet Aerospace Inc, valued at approximately $9.4 million, making it 2.8% of their portfolio.
• Howmet Aerospace reported a quarterly earnings EPS of $0.91, exceeding expectations of $0.87, and a revenue of $2.05 billion for the quarter, up by 9.2% year-over-year.
• The company raised its quarterly dividend from $0.10 to $0.12, resulting in an annualized yield of 0.3% with a dividend payout ratio of 14.04%.

NatWest Group plc acquired a new position in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 72,757 shares of the company's stock, valued at approximately $9,439,000. Howmet Aerospace accounts for about 2.8% of NatWest Group plc's holdings, making the stock its 18th largest position.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in Howmet Aerospace by 1.5% in the first quarter. Vanguard Group Inc. now owns 47,813,262 shares of the company's stock worth $6,202,814,000 after purchasing an additional 695,953 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Howmet Aerospace by 21.1% during the 1st quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company's stock valued at $3,171,970,000 after acquiring an additional 4,252,401 shares during the last quarter. Janus Henderson Group PLC lifted its position in shares of Howmet Aerospace by 10.3% during the 4th quarter. Janus Henderson Group PLC now owns 10,947,354 shares of the company's stock valued at $1,197,315,000 after acquiring an additional 1,026,130 shares during the last quarter. Invesco Ltd. lifted its position in shares of Howmet Aerospace by 8.3% during the 1st quarter. Invesco Ltd. now owns 7,315,238 shares of the company's stock valued at $949,006,000 after acquiring an additional 563,109 shares during the last quarter. Finally, Northern Trust Corp lifted its position in shares of Howmet Aerospace by 1.3% during the 1st quarter. Northern Trust Corp now owns 3,722,871 shares of the company's stock valued at $482,968,000 after acquiring an additional 45,963 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Bank of America increased their price objective on Howmet Aerospace from $185.00 to $215.00 and gave the company a "buy" rating in a research report on Tuesday, August 5th. Zacks Research upgraded Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 25th. Barclays reissued 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. BTIG Research set a $205.00 target price on shares of Howmet Aerospace and gave the company a "buy" rating in a research note on Monday, August 4th. Finally, Wall Street Zen raised shares of Howmet Aerospace from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, Howmet Aerospace currently has an average rating of "Moderate Buy" and a consensus price target of $172.13.

Howmet Aerospace Stock Performance

Shares of NYSE HWM traded down $1.38 during mid-day trading on Friday, hitting $178.15. The company had a trading volume of 2,016,261 shares, compared to its average volume of 2,177,725. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08. The business's 50-day simple moving average is $180.06 and its 200-day simple moving average is $157.78. Howmet Aerospace Inc. has a 12 month low of $90.71 and a 12 month high of $193.26. The firm has a market cap of $71.82 billion, a P/E ratio of 52.09, a PEG ratio of 2.31 and a beta of 1.45.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its earnings results 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. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The business had revenue of $2.05 billion during the quarter, compared to analysts' expectations of $1.99 billion. During the same quarter last year, the company earned $0.67 earnings per share. The firm's 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. As a group, analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 25th. Investors of record on Friday, August 8th were paid a $0.12 dividend. The ex-dividend date was Friday, August 8th. This is a boost from Howmet Aerospace's previous quarterly dividend of $0.10. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. Howmet Aerospace's dividend 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.