LGT Fund Management Co Ltd. Has $387,000 Stock Position in Howmet Aerospace Inc. $HWM

LGT Fund Management Co Ltd. lowered its stake in Howmet Aerospace Inc. (NYSE:HWM) by 31.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,078 shares of the company’s stock after selling 961 shares during the quarter. LGT Fund Management Co Ltd.’s holdings in Howmet Aerospace were worth $387,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Pinpoint Asset Management Ltd increased 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 last quarter. Hemington Wealth Management increased 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 last quarter. GPS Wealth Strategies Group LLC increased 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 last quarter. Rise Advisors LLC increased its position in shares of Howmet Aerospace by 32.4% in the first quarter. Rise Advisors LLC now owns 270 shares of the company’s stock valued at $35,000 after acquiring an additional 66 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC increased 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 last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Trading Down 0.9%

Shares of NYSE:HWM opened at $189.41 on Friday. Howmet Aerospace Inc. has a 12-month low of $98.83 and a 12-month high of $198.48. The stock has a market cap of $76.36 billion, a PE ratio of 55.38, a P/E/G ratio of 2.45 and a beta of 1.45. The business has a 50 day moving average of $182.33 and a 200-day moving average of $165.97. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data 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. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The company had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $1.99 billion. During the same quarter in the previous year, the company posted $0.67 earnings per share. The business’s revenue was up 9.2% on a year-over-year basis. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. As a group, equities research analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Friday, November 7th. Howmet Aerospace’s payout ratio is currently 14.04%.

Analysts Set New Price Targets

A number of analysts recently issued reports on HWM shares. Morgan Stanley lifted their target price on Howmet Aerospace from $170.00 to $210.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. JPMorgan Chase & Co. lifted their price target on Howmet Aerospace from $150.00 to $190.00 and gave the stock an “overweight” rating in a report on Monday, August 4th. Bank of America lifted their price target on Howmet Aerospace from $185.00 to $215.00 and gave the stock a “buy” rating in a report on Tuesday, August 5th. Susquehanna lifted their price target on Howmet Aerospace from $170.00 to $210.00 and gave the stock a “positive” rating in a report on Monday, July 14th. Finally, BTIG Research set a $205.00 price target on Howmet Aerospace and gave the stock a “buy” rating in a report on Monday, August 4th. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and a consensus target price of $175.50.

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.