Itau Unibanco Holding S.A. Sells 12,609 Shares of Howmet Aerospace Inc. $HWM

Itau Unibanco Holding S.A. trimmed its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 97.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 368 shares of the company’s stock after selling 12,609 shares during the quarter. Itau Unibanco Holding S.A.’s holdings in Howmet Aerospace were worth $48,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Kapitalo Investimentos Ltda acquired a new position in Howmet Aerospace in the 4th quarter valued at $30,000. Pinpoint Asset Management Ltd boosted its position in shares of Howmet Aerospace by 42.8% in the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock valued at $31,000 after acquiring an additional 71 shares during the period. Hemington Wealth Management boosted its position in shares of Howmet Aerospace by 46.6% in the first quarter. Hemington Wealth Management now owns 255 shares of the company’s stock valued at $33,000 after acquiring an additional 81 shares during the period. GPS Wealth Strategies Group LLC boosted its position in shares of Howmet Aerospace by 114.6% in the first quarter. GPS Wealth Strategies Group LLC now owns 264 shares of the company’s stock valued at $34,000 after acquiring an additional 141 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its position in shares of Howmet Aerospace by 100.7% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company’s stock valued at $36,000 after acquiring an additional 140 shares during the period. 90.46% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on HWM. UBS Group boosted their target price on shares of Howmet Aerospace from $120.00 to $155.00 and gave the company a “neutral” rating in a research report on Friday, May 2nd. Wall Street Zen raised shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Barclays reissued an “overweight” rating and issued a $190.00 target price (up previously from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. Zacks Research raised shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research report on Monday. Finally, Morgan Stanley raised their price target on Howmet Aerospace from $170.00 to $210.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $172.13.

Howmet Aerospace Stock Up 0.3%

Shares of NYSE HWM opened at $176.11 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31. Howmet Aerospace Inc. has a 52 week low of $90.71 and a 52 week high of $193.26. The stock has a market capitalization of $70.99 billion, a P/E ratio of 51.49, a PEG ratio of 2.27 and a beta of 1.48. The stock’s fifty day moving average is $180.27 and its 200 day moving average is $155.70.

Howmet Aerospace (NYSE:HWM) last released 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. The business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.Howmet Aerospace’s revenue was up 9.2% compared to the same quarter last year. During the same period last year, the firm 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. Sell-side analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 25th. Investors of record on Friday, August 8th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.3%. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Friday, August 8th. Howmet Aerospace’s payout ratio is 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.