140,890 Shares in Howmet Aerospace Inc. $HWM Bought by Munro Partners

Munro Partners acquired a new position in Howmet Aerospace Inc. (NYSE:HWM) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 140,890 shares of the company’s stock, valued at approximately $26,224,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HWM. Norges Bank acquired a new stake in Howmet Aerospace in the 2nd quarter valued at $1,633,157,000. JPMorgan Chase & Co. increased its position in shares of Howmet Aerospace by 30.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 31,806,624 shares of the company’s stock valued at $5,920,181,000 after purchasing an additional 7,356,077 shares during the last quarter. American Century Companies Inc. boosted its stake in Howmet Aerospace by 51.8% in the second quarter. American Century Companies Inc. now owns 3,635,999 shares of the company’s stock valued at $676,769,000 after acquiring an additional 1,240,071 shares during the last quarter. Nordea Investment Management AB increased its position in Howmet Aerospace by 1,340.2% in the second quarter. Nordea Investment Management AB now owns 880,155 shares of the company’s stock worth $163,137,000 after buying an additional 819,040 shares during the last quarter. Finally, Westfield Capital Management Co. LP raised its stake in Howmet Aerospace by 68.8% in the 2nd quarter. Westfield Capital Management Co. LP now owns 1,915,955 shares of the company’s stock valued at $356,617,000 after acquiring an additional 780,896 shares during the period. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Price Performance

Shares of Howmet Aerospace stock opened at $198.29 on Friday. The company’s fifty day simple moving average is $198.40 and its two-hundred day simple moving average is $186.61. Howmet Aerospace Inc. has a 12-month low of $105.04 and a 12-month high of $211.95. The firm has a market cap of $79.72 billion, a PE ratio of 55.70, a price-to-earnings-growth ratio of 2.27 and a beta of 1.32. The company has a quick ratio of 1.14, a current ratio of 2.35 and a debt-to-equity ratio of 0.63.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.91 by $0.04. The firm had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.04 billion. Howmet Aerospace had a net margin of 18.18% and a return on equity of 29.21%. The company’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.81 earnings per share. 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. As a group, equities analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th were issued a $0.12 dividend. The ex-dividend date was Friday, November 7th. This represents a $0.48 annualized dividend and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is 13.48%.

Analyst Ratings Changes

A number of research analysts have weighed in on HWM shares. BNP Paribas raised Howmet Aerospace to a “strong-buy” rating in a report on Tuesday, November 18th. The Goldman Sachs Group increased their price objective on Howmet Aerospace from $205.00 to $226.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Susquehanna set a $235.00 target price on shares of Howmet Aerospace and gave the company a “positive” rating in a report on Friday, October 31st. Citigroup began coverage on shares of Howmet Aerospace in a research report on Thursday. They issued a “buy” rating and a $246.00 target price on the stock. Finally, Cowen restated a “buy” rating on shares of Howmet Aerospace in a research report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $218.75.

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.