Ameriprise Financial Inc. Has $465.67 Million Stake in Howmet Aerospace Inc. $HWM

Ameriprise Financial Inc. lifted its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 6.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,589,432 shares of the company’s stock after purchasing an additional 206,397 shares during the period. Ameriprise Financial Inc. owned approximately 0.89% of Howmet Aerospace worth $465,666,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of HWM. JPMorgan Chase & Co. raised its stake in shares of 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. Nuveen LLC bought a new stake in shares of Howmet Aerospace during the first quarter worth approximately $366,209,000. GAMMA Investing LLC raised its stake in shares of Howmet Aerospace by 15,741.8% during the first quarter. GAMMA Investing LLC now owns 1,328,176 shares of the company’s stock worth $1,723,040,000 after buying an additional 1,319,792 shares during the last quarter. Westfield Capital Management Co. LP bought a new stake in shares of Howmet Aerospace during the first quarter worth approximately $147,251,000. Finally, Janus Henderson Group PLC raised its stake in shares of Howmet Aerospace by 10.3% during the fourth quarter. Janus Henderson Group PLC now owns 10,947,354 shares of the company’s stock worth $1,197,315,000 after buying an additional 1,026,130 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently weighed in on HWM. JPMorgan Chase & Co. boosted their price target on shares of Howmet Aerospace from $150.00 to $190.00 and gave the stock an “overweight” rating in a research note on Monday, August 4th. Vertical Research reissued a “buy” rating on shares of Howmet Aerospace in a research note on Thursday, July 31st. BTIG Research set a $205.00 price target on shares of Howmet Aerospace and gave the stock a “buy” rating in a research note on Monday, August 4th. Susquehanna boosted their price target on shares of Howmet Aerospace from $170.00 to $210.00 and gave the stock a “positive” rating in a research note on Monday, July 14th. Finally, Wells Fargo & Company boosted their price target on shares of Howmet Aerospace from $118.00 to $145.00 and gave the stock an “equal weight” rating in a research note on Friday, May 2nd. Fourteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $172.13.

Howmet Aerospace Stock Up 0.8%

Shares of NYSE:HWM opened at $173.3390 on Friday. Howmet Aerospace Inc. has a 52 week low of $90.71 and a 52 week high of $193.26. 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 has a market capitalization of $69.88 billion, a PE ratio of 50.68, a PEG ratio of 2.23 and a beta of 1.48. The company has a 50 day moving average price of $179.96 and a two-hundred day moving average price of $154.10.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results 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. The company had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $1.99 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The business’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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. Analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 25th. Stockholders of record on Friday, August 8th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.10. The ex-dividend date is Friday, August 8th. Howmet Aerospace’s dividend payout ratio is currently 14.04%.

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.