First Pacific Advisors LP Sells 180,647 Shares of Howmet Aerospace Inc. $HWM

First Pacific Advisors LP lessened its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 29.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 427,259 shares of the company’s stock after selling 180,647 shares during the quarter. Howmet Aerospace makes up 1.1% of First Pacific Advisors LP’s holdings, making the stock its 29th biggest holding. First Pacific Advisors LP’s holdings in Howmet Aerospace were worth $79,526,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Harbour Investments Inc. grew its stake in shares of Howmet Aerospace by 10.1% in the first quarter. Harbour Investments Inc. now owns 1,114 shares of the company’s stock worth $145,000 after purchasing an additional 102 shares during the last quarter. PFG Advisors grew its stake in shares of Howmet Aerospace by 37.9% in the first quarter. PFG Advisors now owns 9,593 shares of the company’s stock worth $1,245,000 after purchasing an additional 2,635 shares during the last quarter. Private Trust Co. NA grew its stake in shares of Howmet Aerospace by 65.4% in the first quarter. Private Trust Co. NA now owns 673 shares of the company’s stock worth $87,000 after purchasing an additional 266 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of Howmet Aerospace in the second quarter worth $40,949,000. Finally, Diversified Trust Co grew its stake in shares of Howmet Aerospace by 13.5% in the second quarter. Diversified Trust Co now owns 22,297 shares of the company’s stock worth $4,150,000 after purchasing an additional 2,645 shares during the last quarter. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Price Performance

Shares of NYSE HWM opened at $201.07 on Wednesday. The firm’s 50-day moving average price is $186.67 and its 200-day moving average price is $174.08. Howmet Aerospace Inc. has a 1-year low of $98.83 and a 1-year high of $205.29. The firm has a market capitalization of $81.06 billion, a P/E ratio of 58.79, a P/E/G ratio of 2.62 and a beta of 1.45. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.04. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The firm had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.99 billion. During the same quarter in the prior year, the business earned $0.67 earnings per share. The business’s quarterly revenue was up 9.2% compared to the same quarter last year. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. Equities research analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Friday, November 7th. Howmet Aerospace’s dividend payout ratio is presently 14.04%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Morgan Stanley boosted their price objective on shares of Howmet Aerospace from $170.00 to $210.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. Wall Street Zen raised shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. JPMorgan Chase & Co. upped their price target on shares of Howmet Aerospace from $150.00 to $190.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. Barclays reaffirmed an “overweight” rating and set a $190.00 price target (up previously from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. Finally, BTIG Research set a $205.00 price target on shares of Howmet Aerospace and gave the company a “buy” rating in a research report on Monday, August 4th. Thirteen 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, Howmet Aerospace has an average rating of “Moderate Buy” and an average price target of $181.92.

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.