USS Investment Management Ltd Sells 17,700 Shares of Howmet Aerospace Inc. $HWM

Key Points

• USS Investment Management Ltd sold 17,700 shares of Howmet Aerospace, reducing its position by 18.2% to 79,457 shares, with a total value of approximately $10.31 million.
• Analysts have given Howmet Aerospace a Moderate Buy average rating, with several firms raising their price targets significantly, indicating strong confidence in the company's future performance.
• Howmet Aerospace recently increased its quarterly dividend from $0.10 to $0.12 per share, reflecting a growing commitment to returning value to shareholders.

USS Investment Management Ltd decreased its position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 18.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 79,457 shares of the company's stock after selling 17,700 shares during the quarter. USS Investment Management Ltd's holdings in Howmet Aerospace were worth $10,308,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Harbour Investments Inc. raised its holdings in 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 purchasing an additional 102 shares in the last quarter. PFG Advisors increased its holdings in shares of Howmet Aerospace by 37.9% during the first quarter. PFG Advisors now owns 9,593 shares of the company's stock valued at $1,245,000 after acquiring an additional 2,635 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Howmet Aerospace by 233.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 140,883 shares of the company's stock valued at $18,277,000 after acquiring an additional 98,642 shares in the last quarter. Park Avenue Securities LLC increased its holdings in shares of Howmet Aerospace by 126.1% during the first quarter. Park Avenue Securities LLC now owns 24,207 shares of the company's stock valued at $3,140,000 after acquiring an additional 13,500 shares in the last quarter. Finally, Private Trust Co. NA increased its holdings in shares of Howmet Aerospace by 65.4% during the first quarter. Private Trust Co. NA now owns 673 shares of the company's stock valued at $87,000 after acquiring an additional 266 shares in the last quarter. Institutional investors own 90.46% of the company's stock.

Wall Street Analyst Weigh In

HWM has been the subject of several analyst reports. Bank of America raised their price target on Howmet Aerospace from $185.00 to $215.00 and gave the company a "buy" rating in a report on Tuesday, August 5th. Royal Bank Of Canada restated an "outperform" rating on shares of Howmet Aerospace in a report on Monday, June 30th. Zacks Research upgraded Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a report on Monday, August 25th. Wall Street Zen upgraded Howmet Aerospace from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Finally, Susquehanna raised 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. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $172.13.

Howmet Aerospace Price Performance

NYSE HWM opened at $178.15 on Monday. Howmet Aerospace Inc. has a one year low of $90.71 and a one year high of $193.26. The stock has a 50-day moving average of $180.06 and a 200 day moving average of $157.78. The company has a market capitalization of $71.82 billion, a price-to-earnings ratio of 52.09, a PEG 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 (NYSE:HWM - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.87 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The company had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.99 billion. During the same period last year, the company earned $0.67 EPS. 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. On average, sell-side analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 25th. Shareholders of record on Friday, August 8th were given a $0.12 dividend. The ex-dividend date of this dividend was 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 yield of 0.3%. Howmet Aerospace's payout ratio is 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.

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