Howmet Aerospace Inc. $HWM Position Trimmed by Olympiad Research LP

Olympiad Research LP trimmed its stake in Howmet Aerospace Inc. (NYSE:HWM) by 60.6% in the second quarter, Holdings Channel.com reports. The firm owned 1,400 shares of the company’s stock after selling 2,152 shares during the quarter. Olympiad Research LP’s holdings in Howmet Aerospace were worth $261,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Brighton Jones LLC lifted its position in Howmet Aerospace by 5.4% in the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after buying an additional 130 shares in the last quarter. Signaturefd LLC increased its stake in shares of Howmet Aerospace by 19.9% in the first quarter. Signaturefd LLC now owns 5,264 shares of the company’s stock worth $683,000 after acquiring an additional 872 shares during the last quarter. Sigma Planning Corp acquired a new position in shares of Howmet Aerospace in the first quarter worth $1,189,000. SBI Securities Co. Ltd. raised its holdings in shares of Howmet Aerospace by 23.6% during the first quarter. SBI Securities Co. Ltd. now owns 1,484 shares of the company’s stock worth $193,000 after acquiring an additional 283 shares in the last quarter. Finally, Whittier Trust Co. boosted its position in Howmet Aerospace by 64.5% during the first quarter. Whittier Trust Co. now owns 826 shares of the company’s stock valued at $107,000 after purchasing an additional 324 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Stock Performance

HWM opened at $201.34 on Friday. The firm has a market capitalization of $80.95 billion, a P/E ratio of 58.87, a price-to-earnings-growth ratio of 2.64 and a beta of 1.47. The stock’s 50 day moving average price is $194.21 and its two-hundred day moving average price is $180.34. 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 Inc. has a 12-month low of $105.04 and a 12-month high of $211.95.

Howmet Aerospace (NYSE:HWM) last announced 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 for the quarter, compared to the consensus estimate of $2.04 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. Howmet Aerospace’s quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter last year, the company posted $0.81 earnings per share. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS. Q4 2025 guidance at 0.940-0.960 EPS. On average, equities analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

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 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, November 7th. Howmet Aerospace’s dividend payout ratio (DPR) is presently 13.48%.

Wall Street Analyst Weigh In

HWM has been the topic of several research reports. BTIG Research upped their target price on Howmet Aerospace from $205.00 to $240.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Zacks Research downgraded Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th. The Goldman Sachs Group raised their price objective on shares of Howmet Aerospace from $205.00 to $226.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Bank of America boosted their target price on shares of Howmet Aerospace from $215.00 to $250.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Cowen restated a “buy” rating on shares of Howmet Aerospace in a report on Friday, October 31st. Fourteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $215.29.

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.