Howmet Aerospace Inc. $HWM Shares Purchased by Senator Investment Group LP

Key Points

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Senator Investment Group LP boosted its position in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 31.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 262,500 shares of the company's stock after purchasing an additional 62,500 shares during the quarter. Howmet Aerospace comprises about 1.8% of Senator Investment Group LP's holdings, making the stock its 28th biggest holding. Senator Investment Group LP owned 0.07% of Howmet Aerospace worth $34,054,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Pinpoint Asset Management Ltd lifted its position in 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 purchasing an additional 71 shares during the last quarter. Hemington Wealth Management lifted its position in 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 purchasing an additional 81 shares during the last quarter. CVA Family Office LLC lifted its position in 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 purchasing an additional 82 shares during the last quarter. Mount Lucas Management LP lifted its position in 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 purchasing an additional 82 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its position in Howmet Aerospace by 4.9% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,971 shares of the company's stock valued at $256,000 after purchasing an additional 92 shares during the last quarter. Institutional investors own 90.46% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on HWM. Vertical Research reiterated a "buy" rating on shares of Howmet Aerospace in a research report on Thursday, July 31st. Truist Financial raised their price target on Howmet Aerospace from $161.00 to $192.00 and gave the stock a "buy" rating in a research report on Thursday, June 12th. Bank of America raised their price target on Howmet Aerospace from $185.00 to $215.00 and gave the stock a "buy" rating in a research report on Tuesday, August 5th. UBS Group raised their price target on Howmet Aerospace from $120.00 to $155.00 and gave the stock a "neutral" rating in a research report on Friday, May 2nd. Finally, Susquehanna raised their price target on Howmet Aerospace from $170.00 to $210.00 and gave the stock a "positive" rating in a research report on Monday, July 14th. Fourteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Howmet Aerospace currently has an average rating of "Moderate Buy" and an average target price of $172.13.

Howmet Aerospace Stock Down 1.4%

HWM traded down $2.4540 on Friday, hitting $170.7960. The company had a trading volume of 2,995,686 shares, compared to its average volume of 3,032,085. The stock has a fifty day moving average price of $179.96 and a 200-day moving average price of $154.10. Howmet Aerospace Inc. has a 12-month low of $90.71 and a 12-month high of $193.26. 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 stock has a market capitalization of $68.85 billion, a price-to-earnings ratio of 49.94, a P/E/G ratio of 2.23 and a beta of 1.48.

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 for the quarter, topping 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 company had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same quarter in the prior year, the company earned $0.67 EPS. Howmet Aerospace'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 predict that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The company 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 is Friday, August 8th. This is a positive change 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 (DPR) is presently 14.04%.

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.