Howmet Aerospace Inc. $HWM Shares Acquired by 1832 Asset Management L.P.

1832 Asset Management L.P. grew its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 43.6% in the 1st quarter, Holdings Channel reports. The institutional investor owned 769,164 shares of the company’s stock after buying an additional 233,614 shares during the quarter. 1832 Asset Management L.P.’s holdings in Howmet Aerospace were worth $99,784,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Pinpoint Asset Management Ltd raised its holdings in Howmet Aerospace by 42.8% during the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock worth $31,000 after purchasing an additional 71 shares during the last quarter. Hemington Wealth Management raised its holdings in Howmet Aerospace by 46.6% during the first quarter. Hemington Wealth Management now owns 255 shares of the company’s stock worth $33,000 after purchasing an additional 81 shares during the last quarter. GPS Wealth Strategies Group LLC raised its holdings in Howmet Aerospace by 114.6% during the first quarter. GPS Wealth Strategies Group LLC now owns 264 shares of the company’s stock worth $34,000 after purchasing an additional 141 shares during the last quarter. Kapitalo Investimentos Ltda acquired a new position in Howmet Aerospace during the fourth quarter worth $30,000. Finally, Annis Gardner Whiting Capital Advisors LLC raised its holdings in Howmet Aerospace by 100.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company’s stock worth $36,000 after purchasing an additional 140 shares during the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on HWM shares. BTIG Research set a $205.00 price objective on Howmet Aerospace and gave the stock a “buy” rating in a report on Monday, August 4th. Truist Financial lifted their price objective on Howmet Aerospace from $161.00 to $192.00 and gave the stock a “buy” rating in a report on Thursday, June 12th. Wells Fargo & Company lifted their price objective on Howmet Aerospace from $118.00 to $145.00 and gave the stock an “equal weight” rating in a report on Friday, May 2nd. Susquehanna lifted their price objective on Howmet Aerospace from $170.00 to $210.00 and gave the stock a “positive” rating in a report on Monday, July 14th. Finally, JPMorgan Chase & Co. lifted their price objective on Howmet Aerospace from $150.00 to $190.00 and gave the stock an “overweight” rating in a report on Monday, August 4th. Fourteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and an average target price of $172.13.

Howmet Aerospace Stock Performance

Howmet Aerospace stock opened at $170.7960 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31. The stock has a fifty day moving average of $179.96 and a two-hundred day moving average of $154.41. The company has a market capitalization of $68.85 billion, a price-to-earnings ratio of 49.94, a PEG ratio of 2.24 and a beta of 1.48. Howmet Aerospace Inc. has a fifty-two week low of $90.71 and a fifty-two week high of $193.26.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.04. The company had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.Howmet Aerospace’s revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the business posted $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. On average, analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 25th. Stockholders of record on Friday, August 8th will be given a $0.12 dividend. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.10. 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, August 8th. Howmet Aerospace’s dividend payout ratio (DPR) is presently 14.04%.

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.