Dorsey Wright & Associates Reduces Holdings in Howmet Aerospace Inc. $HWM

Dorsey Wright & Associates lowered its stake in Howmet Aerospace Inc. (NYSE:HWM) by 4.8% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 19,563 shares of the company’s stock after selling 978 shares during the quarter. Dorsey Wright & Associates’ holdings in Howmet Aerospace were worth $3,641,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Harbour Investments Inc. lifted its holdings in Howmet Aerospace by 10.1% in the 1st quarter. Harbour Investments Inc. now owns 1,114 shares of the company’s stock valued at $145,000 after purchasing an additional 102 shares in the last quarter. PFG Advisors raised its position in shares of Howmet Aerospace by 37.9% in the first quarter. PFG Advisors now owns 9,593 shares of the company’s stock valued at $1,245,000 after buying an additional 2,635 shares during the last quarter. Shell Asset Management Co. raised its position in shares of Howmet Aerospace by 135.6% in the second quarter. Shell Asset Management Co. now owns 12,420 shares of the company’s stock valued at $2,312,000 after buying an additional 7,148 shares during the last quarter. Forsta AP Fonden lifted its stake in shares of Howmet Aerospace by 27.7% during the second quarter. Forsta AP Fonden now owns 174,900 shares of the company’s stock valued at $32,554,000 after buying an additional 37,900 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Howmet Aerospace during the second quarter worth approximately $40,949,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Price Performance

Shares of Howmet Aerospace stock opened at $201.23 on Wednesday. The business’s fifty day moving average price is $195.57 and its 200 day moving average price is $182.11. Howmet Aerospace Inc. has a twelve month low of $105.04 and a twelve month high of $211.95. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $80.91 billion, a P/E ratio of 58.84, a PEG ratio of 2.64 and a beta of 1.47.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04. The company had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.04 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The company’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same period last year, the business posted $0.81 EPS. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. As a group, research analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, November 7th. Howmet Aerospace’s payout ratio is currently 13.48%.

Analyst Ratings Changes

Several brokerages have weighed in on HWM. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. JPMorgan Chase & Co. upped their target price on Howmet Aerospace from $190.00 to $227.00 and gave the company an “overweight” rating in a research note on Monday, November 10th. BTIG Research increased their target price on Howmet Aerospace from $205.00 to $240.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Barclays restated an “overweight” rating and issued a $190.00 price target (up previously from $140.00) on shares of Howmet Aerospace in a report on Monday, August 4th. Finally, Susquehanna set a $235.00 price objective on shares of Howmet Aerospace and gave the company a “positive” rating in a research note on Friday, October 31st. Fifteen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Howmet Aerospace has an average rating of “Moderate Buy” and a consensus target price of $216.93.

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.