Howmet Aerospace Inc. $HWM Shares Sold by Hartford Investment Management Co.

Hartford Investment Management Co. cut its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 1.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,375 shares of the company’s stock after selling 359 shares during the quarter. Hartford Investment Management Co.’s holdings in Howmet Aerospace were worth $4,537,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of HWM. Vanguard Group Inc. boosted its holdings in shares of Howmet Aerospace by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 47,813,262 shares of the company’s stock worth $6,202,814,000 after purchasing an additional 695,953 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Howmet Aerospace by 21.1% during the first quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company’s stock worth $3,171,970,000 after buying an additional 4,252,401 shares during the last quarter. Invesco Ltd. boosted its position in shares of Howmet Aerospace by 8.3% during the 1st quarter. Invesco Ltd. now owns 7,315,238 shares of the company’s stock valued at $949,006,000 after acquiring an additional 563,109 shares during the last quarter. Northern Trust Corp boosted its position in shares of Howmet Aerospace by 1.3% during the 1st quarter. Northern Trust Corp now owns 3,722,871 shares of the company’s stock valued at $482,968,000 after acquiring an additional 45,963 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of Howmet Aerospace by 6.1% during the 1st quarter. Ameriprise Financial Inc. now owns 3,589,432 shares of the company’s stock valued at $465,666,000 after acquiring an additional 206,397 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

HWM has been the topic of several recent analyst reports. Morgan Stanley boosted their target price on shares of Howmet Aerospace from $170.00 to $210.00 and gave the company an “overweight” rating in a report on Thursday, July 17th. Susquehanna upped their price objective on Howmet Aerospace from $170.00 to $210.00 and gave the company a “positive” rating in a report on Monday, July 14th. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Royal Bank Of Canada reiterated an “outperform” rating on shares of Howmet Aerospace in a report on Monday, June 30th. Finally, Bank of America upped their price target on Howmet Aerospace from $185.00 to $215.00 and gave the company a “buy” rating in a research note on Tuesday, August 5th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $172.13.

Howmet Aerospace Stock Up 2.0%

Shares of HWM opened at $193.55 on Friday. The stock has a market capitalization of $78.03 billion, a PE ratio of 56.59, a P/E/G ratio of 2.46 and a beta of 1.45. Howmet Aerospace Inc. has a 1 year low of $97.86 and a 1 year high of $194.89. 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 company’s 50-day simple moving average is $181.73 and its 200-day simple moving average is $163.46.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04. The company had revenue of $2.05 billion for 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 firm’s quarterly revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the business earned $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. Analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 25th. Stockholders of record on Friday, August 8th were paid a $0.12 dividend. The ex-dividend date was Friday, August 8th. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.10. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace’s payout ratio is 14.04%.

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.