Hardman Johnston Global Advisors LLC Has $106.56 Million Stake in Howmet Aerospace Inc. $HWM

Hardman Johnston Global Advisors LLC decreased its position in Howmet Aerospace Inc. (NYSE:HWM) by 26.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 572,514 shares of the company’s stock after selling 211,038 shares during the period. Howmet Aerospace makes up 4.7% of Hardman Johnston Global Advisors LLC’s portfolio, making the stock its 6th largest position. Hardman Johnston Global Advisors LLC owned approximately 0.14% of Howmet Aerospace worth $106,562,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Pinpoint Asset Management Ltd raised its position in shares of Howmet Aerospace by 42.8% during the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock worth $31,000 after purchasing an additional 71 shares during the period. Hemington Wealth Management increased its stake in Howmet Aerospace by 46.6% during the 1st quarter. Hemington Wealth Management now owns 255 shares of the company’s stock worth $33,000 after purchasing an additional 81 shares in the last quarter. GPS Wealth Strategies Group LLC boosted its holdings 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 buying an additional 141 shares during the period. Rise Advisors LLC boosted its holdings 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 buying an additional 66 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its holdings 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 buying an additional 140 shares during the period. Institutional investors and hedge funds own 90.46% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on HWM shares. Susquehanna boosted their price objective on shares of Howmet Aerospace from $170.00 to $210.00 and gave the company a “positive” rating in a research report on Monday, July 14th. BTIG Research set a $205.00 price target on Howmet Aerospace and gave the company a “buy” rating in a research note on Monday, August 4th. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Truist Financial upped their price target on Howmet Aerospace from $161.00 to $192.00 and gave the stock a “buy” rating in a research report on Thursday, June 12th. Finally, JPMorgan Chase & Co. upped their price target on Howmet Aerospace from $150.00 to $190.00 and gave the stock an “overweight” rating in a research report on Monday, August 4th. Thirteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $175.50.

Howmet Aerospace Price Performance

Shares of HWM opened at $191.11 on Friday. The company has a market cap of $77.04 billion, a price-to-earnings ratio of 55.88, a PEG ratio of 2.52 and a beta of 1.45. Howmet Aerospace Inc. has a 1-year low of $98.83 and a 1-year high of $198.48. The company’s fifty day simple moving average is $182.33 and its 200 day simple moving average is $165.31. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.87 by $0.04. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The company had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.99 billion. During the same quarter last year, the firm posted $0.67 EPS. The company’s quarterly 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. On average, research analysts forecast 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. Investors of record on Friday, November 7th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.3%. The ex-dividend date is Friday, November 7th. Howmet Aerospace’s dividend payout ratio (DPR) 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.