Vident Advisory LLC Boosts Position in Howmet Aerospace Inc. $HWM

Key Points

• Vident Advisory LLC increased its holdings in Howmet Aerospace by 18.6%, acquiring an additional 2,425 shares, bringing its total ownership to 15,434 shares valued at approximately $2 million.
• Howmet Aerospace reported earnings per share of $0.91 for the last quarter, surpassing analysts' expectations, and its revenue increased by 9.2% year-over-year to $2.05 billion.
• The company has declared a quarterly dividend increase from $0.10 to $0.12, representing an annual yield of 0.3% and a payout ratio of 14.04%.

Vident Advisory LLC boosted its holdings in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 18.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,434 shares of the company's stock after purchasing an additional 2,425 shares during the quarter. Vident Advisory LLC's holdings in Howmet Aerospace were worth $2,002,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of HWM. JPMorgan Chase & Co. grew its position in Howmet Aerospace by 21.1% in the 1st quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company's stock valued at $3,171,970,000 after purchasing an additional 4,252,401 shares during the period. Nuveen LLC acquired a new stake in Howmet Aerospace in the 1st quarter valued at $366,209,000. GAMMA Investing LLC boosted its holdings in Howmet Aerospace by 15,741.8% during the 1st quarter. GAMMA Investing LLC now owns 1,328,176 shares of the company's stock worth $1,723,040,000 after acquiring an additional 1,319,792 shares during the last quarter. Westfield Capital Management Co. LP purchased a new position in Howmet Aerospace during the 1st quarter worth $147,251,000. Finally, Janus Henderson Group PLC boosted its holdings in Howmet Aerospace by 10.3% during the 4th quarter. Janus Henderson Group PLC now owns 10,947,354 shares of the company's stock worth $1,197,315,000 after acquiring an additional 1,026,130 shares during the last quarter. Institutional investors and hedge funds own 90.46% of the company's stock.

Howmet Aerospace Stock Performance

Shares of NYSE HWM traded down $1.38 during mid-day trading on Friday, reaching $178.15. 2,016,261 shares of the company's 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 price-to-earnings-growth ratio of 2.32 and a beta of 1.45. Howmet Aerospace Inc. has a 52 week low of $90.71 and a 52 week high of $193.26. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08. The firm has a 50-day moving average price of $180.06 and a two-hundred day moving average price of $157.52.

Howmet Aerospace (NYSE:HWM - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.87 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The business had revenue of $2.05 billion for the quarter, compared to analysts' expectations of $1.99 billion. During the same period in the previous year, the business posted $0.67 EPS. The firm's quarterly revenue was up 9.2% compared to the same quarter last year. 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 year.

Howmet Aerospace Increases Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on HWM shares. Susquehanna lifted their price objective on shares of Howmet Aerospace from $170.00 to $210.00 and gave the stock a "positive" rating in a report on Monday, July 14th. Wall Street Zen raised shares of Howmet Aerospace from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Truist Financial lifted their price objective on shares of Howmet Aerospace from $161.00 to $192.00 and gave the stock a "buy" rating in a report on Thursday, June 12th. JPMorgan Chase & Co. lifted their price objective on shares of Howmet Aerospace from $150.00 to $190.00 and gave the stock an "overweight" rating in a report on Monday, August 4th. Finally, Royal Bank Of Canada reiterated an "outperform" rating on shares of Howmet Aerospace in a research note on Monday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued 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 an average 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.