10,674 Shares in Howmet Aerospace Inc. $HWM Purchased by OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,674 shares of the company’s stock, valued at approximately $1,987,000.

Other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in shares of Howmet Aerospace by 5.4% in the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after buying an additional 130 shares during the last quarter. Townsquare Capital LLC lifted its stake in Howmet Aerospace by 118.2% in the first quarter. Townsquare Capital LLC now owns 6,783 shares of the company’s stock valued at $880,000 after acquiring an additional 3,675 shares during the last quarter. Public Sector Pension Investment Board lifted its stake in Howmet Aerospace by 8.1% in the first quarter. Public Sector Pension Investment Board now owns 57,641 shares of the company’s stock valued at $7,478,000 after acquiring an additional 4,316 shares during the last quarter. HighTower Advisors LLC grew its position in shares of Howmet Aerospace by 7.2% in the 1st quarter. HighTower Advisors LLC now owns 29,971 shares of the company’s stock valued at $3,888,000 after acquiring an additional 2,008 shares during the period. Finally, Resona Asset Management Co. Ltd. increased its stake in shares of Howmet Aerospace by 6.7% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 119,829 shares of the company’s stock worth $15,545,000 after purchasing an additional 7,478 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Bank of America raised their target price on shares of Howmet Aerospace from $215.00 to $250.00 and gave the company a “buy” rating in a research note on Friday, November 14th. Zacks Research downgraded Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. The Goldman Sachs Group boosted their target price on Howmet Aerospace from $205.00 to $226.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Cowen reaffirmed a “buy” rating on shares of Howmet Aerospace in a report on Friday, October 31st. Finally, BNP Paribas raised shares of Howmet Aerospace to a “strong-buy” rating in a research report on Tuesday, November 18th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $216.93.

Howmet Aerospace Price Performance

Shares of NYSE HWM opened at $196.00 on Friday. The firm has a market cap of $78.80 billion, a P/E ratio of 55.06, a price-to-earnings-growth ratio of 2.21 and a beta of 1.32. The business’s 50 day moving average is $198.22 and its 200-day moving average is $186.26. The company has a current ratio of 2.35, a quick ratio of 1.14 and a debt-to-equity ratio of 0.63. Howmet Aerospace Inc. has a 1-year low of $105.04 and a 1-year high of $211.95.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Howmet Aerospace had a return on equity of 29.21% and a net margin of 18.18%.The firm had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.04 billion. During the same period in the prior year, the firm posted $0.81 EPS. The company’s revenue for the quarter was up 13.8% on a year-over-year basis. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS and its Q4 2025 guidance at 0.940-0.960 EPS. Equities research analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 25th. Investors of record on Friday, November 7th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Friday, November 7th. Howmet Aerospace’s dividend payout ratio (DPR) is currently 13.48%.

About Howmet Aerospace

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.