Keybank National Association OH Sells 936 Shares of Howmet Aerospace Inc. $HWM

Keybank National Association OH trimmed its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 8.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,021 shares of the company’s stock after selling 936 shares during the period. Keybank National Association OH’s holdings in Howmet Aerospace were worth $1,865,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in HWM. JPMorgan Chase & Co. grew its position in Howmet Aerospace by 21.1% in the first quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company’s stock worth $3,171,970,000 after acquiring an additional 4,252,401 shares in the last quarter. Nuveen LLC acquired a new stake in shares of Howmet Aerospace in the first quarter worth $366,209,000. Westfield Capital Management Co. LP acquired a new stake in shares of Howmet Aerospace in the first quarter worth $147,251,000. Nordea Investment Management AB lifted its stake in shares of 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, Goldman Sachs Group Inc. lifted its stake in shares of Howmet Aerospace by 58.3% in the first quarter. Goldman Sachs Group Inc. now owns 2,094,971 shares of the company’s stock worth $271,781,000 after buying an additional 771,271 shares during the last quarter. 90.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on HWM. Weiss Ratings restated a “buy (b)” rating on shares of Howmet Aerospace in a research note on Wednesday, October 8th. Bank of America boosted their price objective on shares of Howmet Aerospace from $185.00 to $215.00 and gave the stock a “buy” rating in a research note on Tuesday, August 5th. Zacks Research cut shares of Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 26th. Royal Bank Of Canada boosted their price objective on shares of Howmet Aerospace from $210.00 to $235.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Wall Street Zen upgraded shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Fifteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $194.57.

Howmet Aerospace Price Performance

NYSE:HWM opened at $206.47 on Friday. The stock has a market cap of $83.23 billion, a P/E ratio of 60.37, a PEG ratio of 2.64 and a beta of 1.45. Howmet Aerospace Inc. has a one year low of $99.10 and a one year high of $211.95. The company has a fifty day moving average price of $188.59 and a 200 day moving average price of $175.72. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, October 30th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.91 by $0.04. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The firm had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.04 billion. During the same period in the prior year, the company earned $0.81 EPS. The business’s quarterly revenue was up 13.8% compared to the same quarter last year. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. Analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be paid a $0.12 dividend. The ex-dividend date is Friday, November 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio is currently 13.48%.

Howmet Aerospace Company 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.