Howmet Aerospace Inc. $HWM Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC raised its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 55.6% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 262,918 shares of the company’s stock after purchasing an additional 93,978 shares during the quarter. SG Americas Securities LLC’s holdings in Howmet Aerospace were worth $48,937,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in Howmet Aerospace by 1.5% in the first quarter. Vanguard Group Inc. now owns 47,813,262 shares of the company’s stock valued at $6,202,814,000 after acquiring an additional 695,953 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of 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 last quarter. Geode Capital Management LLC boosted its position in shares of Howmet Aerospace by 7.0% in the 2nd quarter. Geode Capital Management LLC now owns 10,938,815 shares of the company’s stock valued at $2,032,221,000 after purchasing an additional 719,888 shares during the period. Invesco Ltd. grew its stake in Howmet Aerospace by 8.3% during the 1st quarter. Invesco Ltd. now owns 7,315,238 shares of the company’s stock worth $949,006,000 after buying an additional 563,109 shares during the last quarter. Finally, Northern Trust Corp grew its stake in Howmet Aerospace by 1.3% during the 1st quarter. Northern Trust Corp now owns 3,722,871 shares of the company’s stock worth $482,968,000 after buying an additional 45,963 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Truist Financial boosted their price objective on Howmet Aerospace from $202.00 to $217.00 and gave the company a “buy” rating in a research note on Wednesday, October 15th. Wall Street Zen raised shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Zacks Research cut shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. Cowen reissued a “buy” rating on shares of Howmet Aerospace in a report on Friday, October 31st. Finally, Susquehanna set a $235.00 price target on Howmet Aerospace and gave the company a “positive” rating in a research report on Friday, October 31st. Fourteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $215.29.

Howmet Aerospace Price Performance

Shares of NYSE:HWM opened at $203.00 on Friday. Howmet Aerospace Inc. has a 52 week low of $105.04 and a 52 week high of $211.95. The company has a 50-day moving average price of $194.70 and a 200 day moving average price of $180.81. The company has a market cap of $81.62 billion, a P/E ratio of 59.36, a PEG ratio of 2.64 and a beta of 1.47. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, October 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.04. The company had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.04 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The firm’s quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the firm 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. Research analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Announces Dividend

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

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.