Sumitomo Mitsui Trust Group Inc. Increases Stake in Howmet Aerospace Inc. $HWM

Sumitomo Mitsui Trust Group Inc. boosted its stake in Howmet Aerospace Inc. (NYSE:HWM) by 1.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 968,668 shares of the company’s stock after purchasing an additional 12,584 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Howmet Aerospace were worth $180,298,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. Vanguard Group Inc. increased its stake in Howmet Aerospace by 1.5% in 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 period. JPMorgan Chase & Co. increased its stake in Howmet Aerospace by 21.1% in the 1st quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company’s stock worth $3,171,970,000 after purchasing an additional 4,252,401 shares during the period. Invesco Ltd. grew its position in shares of Howmet Aerospace by 8.3% in 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. Northern Trust Corp grew its position in shares of Howmet Aerospace by 1.3% in 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. Finally, Ameriprise Financial Inc. grew its position in shares of Howmet Aerospace by 6.1% in the 1st quarter. Ameriprise Financial Inc. now owns 3,589,432 shares of the company’s stock worth $465,666,000 after buying an additional 206,397 shares during the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Howmet Aerospace Stock Down 0.7%

Shares of NYSE:HWM opened at $198.71 on Friday. The stock has a fifty day simple moving average of $185.51 and a two-hundred day simple moving average of $172.31. The stock has a market capitalization of $80.11 billion, a price-to-earnings ratio of 58.10, a PEG ratio of 2.59 and a beta of 1.45. Howmet Aerospace Inc. has a 12-month low of $98.83 and a 12-month high of $202.50. 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 results on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04. The firm had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $1.99 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 9.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.67 earnings per share. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. On average, research analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

The business also recently declared 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. The ex-dividend date is Friday, November 7th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is presently 14.04%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on HWM shares. Zacks Research lowered Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. JPMorgan Chase & Co. lifted their price target on Howmet Aerospace from $150.00 to $190.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. Susquehanna lifted their price target on Howmet Aerospace from $210.00 to $220.00 and gave the company a “positive” rating in a research report on Thursday, October 9th. Weiss Ratings reiterated a “buy (b)” rating on shares of Howmet Aerospace in a research note on Wednesday, October 8th. Finally, Morgan Stanley lifted their price objective on Howmet Aerospace from $170.00 to $210.00 and gave the company an “overweight” rating in a research note on Thursday, July 17th. Thirteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and a consensus 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.