Northern Trust Corp Grows Stock Position in Howmet Aerospace Inc. $HWM

Key Points

• Northern Trust Corp increased its stake in Howmet Aerospace Inc. by 1.3%, acquiring an additional 45,963 shares to bring its total holdings to approximately 3.72 million shares worth about $482.97 million.
• Howmet Aerospace recently posted a quarterly earnings per share (EPS) of $0.91, exceeding analysts' expectations, and it projects EPS guidance for Q3 2025 between 0.890 and 0.910.
• The company declared a quarterly dividend of $0.12 per share, an increase from the previous $0.10, which results in an annualized dividend yield of 0.3%.

Northern Trust Corp grew its holdings in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 1.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,722,871 shares of the company's stock after acquiring an additional 45,963 shares during the quarter. Northern Trust Corp owned 0.92% of Howmet Aerospace worth $482,968,000 as of its most recent filing with the Securities and Exchange Commission.

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

Howmet Aerospace Stock Down 1.4%

NYSE:HWM traded down $2.4540 on Friday, hitting $170.7960. The stock had a trading volume of 2,995,686 shares, compared to its average volume of 2,800,806. The business's fifty day moving average is $179.96 and its 200 day moving average is $154.41. The company has a market cap of $68.85 billion, a PE ratio of 49.94, a P/E/G ratio of 2.24 and a beta of 1.48. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65. Howmet Aerospace Inc. has a 52 week low of $90.71 and a 52 week high of $193.26.

Howmet Aerospace (NYSE:HWM - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $1.99 billion. During the same quarter in the prior year, the company earned $0.67 earnings per share. The company'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. On average, equities research analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The firm also recently declared 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 is a positive change from Howmet Aerospace's previous quarterly dividend of $0.10. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. Howmet Aerospace's dividend payout ratio (DPR) is 14.04%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on HWM shares. Bank of America boosted their price target on Howmet Aerospace from $185.00 to $215.00 and gave the company a "buy" rating in a research note on Tuesday, August 5th. BTIG Research set a $205.00 price objective on Howmet Aerospace and gave the stock a "buy" rating in a research report on Monday, August 4th. Wall Street Zen raised Howmet Aerospace from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Susquehanna increased their price target on Howmet Aerospace from $170.00 to $210.00 and gave the company a "positive" rating in a research note on Monday, July 14th. Finally, Morgan Stanley raised their target price on Howmet Aerospace from $170.00 to $210.00 and gave the stock an "overweight" rating in a research note on Thursday, July 17th. Fourteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company currently 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.