NatWest Group plc lowered its position in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) by 32.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 48,804 shares of the company’s stock after selling 23,953 shares during the quarter. Howmet Aerospace comprises 2.7% of NatWest Group plc’s investment portfolio, making the stock its 20th biggest holding. NatWest Group plc’s holdings in Howmet Aerospace were worth $9,084,000 at the end of the most recent quarter.
A number of other institutional investors have also bought and sold shares of the company. Glass Jacobson Investment Advisors llc bought a new stake in Howmet Aerospace during the second quarter valued at $248,000. Sage Mountain Advisors LLC boosted its position in Howmet Aerospace by 21.6% during the second quarter. Sage Mountain Advisors LLC now owns 2,466 shares of the company’s stock valued at $459,000 after acquiring an additional 438 shares during the last quarter. AlphaQuest LLC boosted its position in Howmet Aerospace by 9.3% during the second quarter. AlphaQuest LLC now owns 3,904 shares of the company’s stock valued at $727,000 after acquiring an additional 333 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of Howmet Aerospace by 1.3% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 968,668 shares of the company’s stock valued at $180,298,000 after purchasing an additional 12,584 shares during the period. Finally, Catalyst Capital Advisors LLC raised its holdings in shares of Howmet Aerospace by 545.4% during the second quarter. Catalyst Capital Advisors LLC now owns 3,401 shares of the company’s stock valued at $633,000 after purchasing an additional 2,874 shares during the period. Institutional investors own 90.46% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on the stock. Barclays reiterated an “overweight” rating and set a $190.00 price objective (up previously from $140.00) on shares of Howmet Aerospace in a report on Monday, August 4th. Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a report on Wednesday, October 8th. Bank of America upped their price objective on shares of Howmet Aerospace from $185.00 to $215.00 and gave the company a “buy” rating in a report on Tuesday, August 5th. JPMorgan Chase & Co. upped their price objective on shares of Howmet Aerospace from $150.00 to $190.00 and gave the company an “overweight” rating in a report on Monday, August 4th. Finally, BTIG Research set a $205.00 target price on shares of Howmet Aerospace and gave the stock a “buy” rating in a report on Monday, August 4th. Thirteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $181.92.
Howmet Aerospace Trading Down 0.7%
NYSE:HWM opened at $198.71 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 firm has a market cap of $80.11 billion, a price-to-earnings ratio of 58.10, a price-to-earnings-growth ratio of 2.59 and a beta of 1.45. Howmet Aerospace Inc. has a 52 week low of $98.83 and a 52 week high of $202.50. The firm has a 50-day moving average price of $185.51 and a two-hundred day moving average price of $172.31.
Howmet Aerospace (NYSE:HWM – Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.87 by $0.04. The firm had revenue of $2.05 billion during the quarter, compared to analyst estimates of $1.99 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The company’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter last year, the business posted $0.67 EPS. 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, equities analysts expect that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.
Howmet Aerospace Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, November 7th. Howmet Aerospace’s dividend payout ratio is currently 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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