Trexquant Investment LP Has $3.09 Million Holdings in Howmet Aerospace Inc. $HWM

Key Points

• Trexquant Investment LP has reduced its stake in Howmet Aerospace Inc. by 12.5%, selling 3,413 shares and now holding 23,810 shares valued at approximately $3.09 million.
• Howmet Aerospace has recently increased its quarterly dividend from $0.10 to $0.12, reflecting a dividend yield of 0.3% and a payout ratio of 14.04%.
• Wall Street analysts show a positive outlook for Howmet Aerospace, with multiple firms raising their price targets, including a notable increase by Susquehanna from $170 to $210.

Trexquant Investment LP cut its stake in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 12.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,810 shares of the company's stock after selling 3,413 shares during the period. Trexquant Investment LP's holdings in Howmet Aerospace were worth $3,089,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Brighton Jones LLC grew its stake in Howmet Aerospace by 5.4% in the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company's stock valued at $279,000 after acquiring an additional 130 shares during the period. Lido Advisors LLC bought a new stake in shares of Howmet Aerospace in the fourth quarter valued at about $220,000. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Howmet Aerospace by 25.2% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 15,953 shares of the company's stock valued at $1,745,000 after purchasing an additional 3,216 shares in the last quarter. AXA S.A. lifted its holdings in shares of Howmet Aerospace by 189.8% in the fourth quarter. AXA S.A. now owns 35,640 shares of the company's stock valued at $3,898,000 after purchasing an additional 23,342 shares in the last quarter. Finally, Aptus Capital Advisors LLC bought a new stake in shares of Howmet Aerospace in the fourth quarter valued at about $561,000. 90.46% of the stock is owned by institutional investors and hedge funds.

Howmet Aerospace Stock Performance

Shares of NYSE HWM traded down $1.38 during trading hours on Friday, reaching $178.15. 2,016,261 shares of the stock were exchanged, compared to its average volume of 2,156,332. The firm has a market capitalization of $71.82 billion, a price-to-earnings ratio of 52.09, a P/E/G ratio of 2.31 and a beta of 1.45. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31. Howmet Aerospace Inc. has a 52 week low of $90.71 and a 52 week high of $193.26. The stock's fifty day simple moving average is $180.06 and its 200 day simple moving average is $157.65.

Howmet Aerospace (NYSE:HWM - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, topping analysts' consensus estimates of $0.87 by $0.04. The company had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The firm's quarterly revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.67 earnings per share. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. Sell-side analysts predict that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 25th. Shareholders of record on Friday, August 8th were paid a dividend of $0.12 per share. This is a boost from Howmet Aerospace's previous quarterly dividend of $0.10. The ex-dividend date was Friday, August 8th. This represents a $0.48 dividend on an annualized basis and a yield of 0.3%. Howmet Aerospace's dividend payout ratio is 14.04%.

Analyst Upgrades and Downgrades

HWM has been the topic of a number of research reports. Susquehanna boosted their price target on Howmet Aerospace from $170.00 to $210.00 and gave the company a "positive" rating in a report on Monday, July 14th. Morgan Stanley upped their target price on Howmet Aerospace from $170.00 to $210.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. Vertical Research reiterated a "buy" rating on shares of Howmet Aerospace in a report on Thursday, July 31st. Truist Financial upped their target price on Howmet Aerospace from $161.00 to $192.00 and gave the stock a "buy" rating in a report on Thursday, June 12th. Finally, BTIG Research set a $205.00 target price on Howmet Aerospace and gave the stock a "buy" rating in a report on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $172.13.

Howmet Aerospace Company 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.