Union Bancaire Privee UBP SA Purchases New Shares in Howmet Aerospace Inc. $HWM

Key Points

• Union Bancaire Privee UBP SA acquired 4,248 shares of Howmet Aerospace Inc., valued at approximately $791,000, during the second quarter.
• Howmet Aerospace reported earnings of $0.91 EPS for the last quarter, exceeding analysts' estimates, alongside a revenue of $2.05 billion, a 9.2% increase year-over-year.
• The company announced a quarterly dividend of $0.12, set to be paid on November 25th, reflecting an annualized payout of $0.48 and a dividend yield of 0.2%.

Union Bancaire Privee UBP SA purchased a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 4,248 shares of the company's stock, valued at approximately $791,000.

Several other hedge funds also recently added to or reduced their stakes in HWM. JPMorgan Chase & Co. grew its holdings in Howmet Aerospace by 21.1% during the 1st quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company's stock worth $3,171,970,000 after acquiring an additional 4,252,401 shares in the last quarter. Nuveen LLC acquired a new position in Howmet Aerospace during the 1st quarter worth $366,209,000. Westfield Capital Management Co. LP acquired a new position in Howmet Aerospace during the 1st quarter worth $147,251,000. Goldman Sachs Group Inc. grew its holdings in Howmet Aerospace by 58.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,094,971 shares of the company's stock worth $271,781,000 after acquiring an additional 771,271 shares in the last quarter. Finally, Menora Mivtachim Holdings LTD. acquired a new position in Howmet Aerospace during the 1st quarter worth $93,529,000. 90.46% of the stock is owned by institutional investors and hedge funds.

Howmet Aerospace Trading Up 2.3%

Shares of NYSE:HWM opened at $196.43 on Wednesday. The company has a 50 day moving average of $182.08 and a 200-day moving average of $164.68. The firm has a market cap of $79.19 billion, a P/E ratio of 57.44, a P/E/G ratio of 2.48 and a beta of 1.45. Howmet Aerospace Inc. has a twelve month low of $98.83 and a twelve month high of $196.66. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.91 EPS for the quarter, topping 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 business 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 earned $0.67 EPS. The business'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 anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 25th. Investors 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 0.2%. Howmet Aerospace's payout ratio is currently 14.04%.

Analysts Set New Price Targets

HWM has been the subject of several recent analyst reports. Barclays reissued an "overweight" rating and set a $190.00 price objective (up from $140.00) on shares of Howmet Aerospace in a report on Monday, August 4th. Wall Street Zen raised Howmet Aerospace from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Truist Financial upped their price target on Howmet Aerospace from $161.00 to $192.00 and gave the company a "buy" rating in a research report on Thursday, June 12th. Royal Bank Of Canada reissued an "outperform" rating on shares of Howmet Aerospace in a research report on Monday, June 30th. Finally, Morgan Stanley upped their price target on Howmet Aerospace from $170.00 to $210.00 and gave the company an "overweight" rating in a research report on Thursday, July 17th. Fourteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus 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.

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