Shell Asset Management Co. Increases Position in Howmet Aerospace Inc. $HWM

Key Points

• Shell Asset Management Co. increased its position in Howmet Aerospace Inc. by 135.6% during the second quarter, holding 12,420 shares worth approximately $2.31 million.
• Howmet Aerospace's recent earnings report showed a net margin of 18.09% with a revenue of $2.05 billion, exceeding consensus estimates.
• The company announced a quarterly dividend of $0.12 per share, payable on November 25th, reflecting a 0.3% dividend yield.

Shell Asset Management Co. raised its position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 135.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,420 shares of the company's stock after purchasing an additional 7,148 shares during the quarter. Shell Asset Management Co.'s holdings in Howmet Aerospace were worth $2,312,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Harbour Investments Inc. grew 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 worth $145,000 after acquiring an additional 102 shares in the last quarter. PFG Advisors grew its stake in shares of Howmet Aerospace by 37.9% in the first quarter. PFG Advisors now owns 9,593 shares of the company's stock worth $1,245,000 after acquiring an additional 2,635 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Howmet Aerospace by 233.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 140,883 shares of the company's stock worth $18,277,000 after acquiring an additional 98,642 shares in the last quarter. Private Trust Co. NA grew its stake in shares of Howmet Aerospace by 65.4% in the first quarter. Private Trust Co. NA now owns 673 shares of the company's stock worth $87,000 after acquiring an additional 266 shares in the last quarter. Finally, Diversified Trust Co grew its stake in shares of Howmet Aerospace by 13.5% in the second quarter. Diversified Trust Co now owns 22,297 shares of the company's stock worth $4,150,000 after acquiring an additional 2,645 shares in the last quarter. Institutional investors and hedge funds own 90.46% of the company's stock.

Howmet Aerospace Stock Performance

NYSE HWM opened at $191.59 on Thursday. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08. Howmet Aerospace Inc. has a 1 year low of $98.83 and a 1 year high of $198.48. The company has a market capitalization of $77.24 billion, a PE ratio of 56.02, a P/E/G ratio of 2.48 and a beta of 1.45. The company has a fifty day moving average of $182.40 and a two-hundred day moving average of $166.97.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) 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 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 prior year, the firm posted $0.67 earnings per share. Howmet Aerospace's revenue for the quarter 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 expect that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be 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 of this dividend is Friday, November 7th. Howmet Aerospace's dividend payout ratio is presently 14.04%.

Analyst Ratings Changes

Several equities analysts have commented on HWM shares. BTIG Research set a $205.00 price target on shares of Howmet Aerospace and gave the stock a "buy" rating in a research note on Monday, August 4th. JPMorgan Chase & Co. boosted their target price on shares of Howmet Aerospace from $150.00 to $190.00 and gave the stock an "overweight" rating in a research note on Monday, August 4th. Morgan Stanley boosted their target price on shares of Howmet Aerospace from $170.00 to $210.00 and gave the stock an "overweight" rating in a research note on Thursday, July 17th. Weiss Ratings reiterated a "buy (b)" rating on shares of Howmet Aerospace in a research note on Wednesday. Finally, Truist Financial boosted their target price on shares of Howmet Aerospace from $161.00 to $192.00 and gave the stock a "buy" rating in a research note on Thursday, June 12th. Fourteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $175.50.

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.

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