Machina Capital S.A.S. Buys Shares of 9,092 Howmet Aerospace Inc. $HWM

Machina Capital S.A.S. bought a new stake in Howmet Aerospace Inc. (NYSE:HWM) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 9,092 shares of the company’s stock, valued at approximately $1,692,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its stake in shares of Howmet Aerospace by 1.5% in the first quarter. Vanguard Group Inc. now owns 47,813,262 shares of the company’s stock valued at $6,202,814,000 after buying an additional 695,953 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Howmet Aerospace by 21.1% in the first quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company’s stock valued at $3,171,970,000 after buying an additional 4,252,401 shares in the last quarter. Invesco Ltd. grew its stake in shares of Howmet Aerospace by 8.3% in the first quarter. Invesco Ltd. now owns 7,315,238 shares of the company’s stock valued at $949,006,000 after buying an additional 563,109 shares in the last quarter. Northern Trust Corp grew its stake in shares of Howmet Aerospace by 1.3% in the first quarter. Northern Trust Corp now owns 3,722,871 shares of the company’s stock valued at $482,968,000 after buying an additional 45,963 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of Howmet Aerospace by 6.1% in the first quarter. Ameriprise Financial Inc. now owns 3,589,432 shares of the company’s stock valued at $465,666,000 after buying an additional 206,397 shares in the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Trading Up 0.4%

NYSE:HWM opened at $206.80 on Tuesday. The stock has a 50-day simple moving average of $189.30 and a 200-day simple moving average of $176.67. The stock has a market cap of $83.37 billion, a P/E ratio of 60.47, a P/E/G ratio of 2.64 and a beta of 1.45. Howmet Aerospace Inc. has a 1 year low of $99.40 and a 1 year high of $211.95. 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 (NYSE:HWM) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.04. The business had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.04 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The business’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 EPS. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. As a group, analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on HWM shares. Bank of America lifted their price objective on Howmet Aerospace from $185.00 to $215.00 and gave the company a “buy” rating in a research note on Tuesday, August 5th. Morgan Stanley set a $225.00 price objective on Howmet Aerospace and gave the company an “overweight” rating in a research note on Friday. Susquehanna set a $235.00 price objective on Howmet Aerospace and gave the company a “positive” rating in a research note on Friday. TD Cowen boosted their target price on Howmet Aerospace from $210.00 to $240.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Wall Street Zen raised Howmet Aerospace from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Fifteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and a consensus target price of $205.73.

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.