Sculptor Capital LP Buys 173,500 Shares of Howmet Aerospace Inc. $HWM

Key Points

• Sculptor Capital LP significantly increased its stake in Howmet Aerospace by 82.6% in the first quarter, now owning 383,500 shares valued at approximately $49.75 million.
• Howmet Aerospace recently received multiple analyst upgrades, including a revised price target from $185.00 to $215.00 by Bank of America, reflecting a positive market outlook.
• The company announced a quarterly dividend increase from $0.10 to $0.12 per share, with a current annualized dividend yield of 0.3%.

Sculptor Capital LP grew its holdings in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 82.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 383,500 shares of the company's stock after acquiring an additional 173,500 shares during the period. Sculptor Capital LP owned 0.10% of Howmet Aerospace worth $49,751,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in HWM. Brighton Jones LLC raised its position in Howmet Aerospace by 5.4% in the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company's stock worth $279,000 after acquiring an additional 130 shares during the period. Integrated Wealth Concepts LLC raised its position in Howmet Aerospace by 36.3% in the fourth quarter. Integrated Wealth Concepts LLC now owns 3,688 shares of the company's stock worth $403,000 after acquiring an additional 983 shares during the period. Lido Advisors LLC bought a new position in Howmet Aerospace in the fourth quarter worth approximately $220,000. Voleon Capital Management LP bought a new position in Howmet Aerospace in the fourth quarter worth approximately $255,000. Finally, Kapitalo Investimentos Ltda bought a new stake in shares of Howmet Aerospace during the 4th quarter valued at $30,000. 90.46% of the stock is currently owned by institutional investors.

Howmet Aerospace Price Performance

NYSE HWM traded up $0.99 on Wednesday, reaching $174.21. The company had a trading volume of 1,650,488 shares, compared to its average volume of 2,998,148. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $70.23 billion, a PE ratio of 50.94, a price-to-earnings-growth ratio of 2.25 and a beta of 1.45. The firm's 50 day moving average price is $180.19 and its 200 day moving average price is $156.80. Howmet Aerospace Inc. has a 12 month low of $90.71 and a 12 month 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, beating 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 for the quarter, compared to the consensus estimate of $1.99 billion. During the same period in the previous year, the firm posted $0.67 EPS. Howmet Aerospace's revenue for the quarter was up 9.2% compared to the same quarter last year. 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 predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 25th. Investors of record on Friday, August 8th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was 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 dividend payout ratio is presently 14.04%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on HWM shares. Vertical Research restated a "buy" rating on shares of Howmet Aerospace in a research report on Thursday, July 31st. Zacks Research upgraded shares of Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 25th. Bank of America raised their price objective on shares of Howmet Aerospace from $185.00 to $215.00 and gave the company a "buy" rating in a research report on Tuesday, August 5th. Wall Street Zen upgraded shares of Howmet Aerospace from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Finally, Truist Financial raised their price objective on shares of Howmet Aerospace from $161.00 to $192.00 and gave the company a "buy" rating in a research report on Thursday, June 12th. One investment 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, the stock has an average rating of "Moderate Buy" and a consensus 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.