Jackson Square Partners LLC Has $2.95 Million Holdings in Howmet Aerospace Inc. $HWM

Jackson Square Partners LLC cut its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 89.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,835 shares of the company’s stock after selling 140,660 shares during the period. Jackson Square Partners LLC’s holdings in Howmet Aerospace were worth $2,947,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Harbour Investments Inc. raised its position in Howmet Aerospace by 10.1% during the first quarter. Harbour Investments Inc. now owns 1,114 shares of the company’s stock worth $145,000 after acquiring an additional 102 shares in the last quarter. PFG Advisors increased its stake in shares of Howmet Aerospace by 37.9% during the 1st quarter. PFG Advisors now owns 9,593 shares of the company’s stock worth $1,245,000 after purchasing an additional 2,635 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Howmet Aerospace during the 2nd quarter worth about $40,949,000. Assetmark Inc. raised its holdings in shares of Howmet Aerospace by 1,288.0% in the 2nd quarter. Assetmark Inc. now owns 8,883 shares of the company’s stock valued at $1,653,000 after purchasing an additional 8,243 shares during the period. Finally, Diversified Trust Co lifted its stake in Howmet Aerospace by 13.5% in the 2nd quarter. Diversified Trust Co now owns 22,297 shares of the company’s stock valued at $4,150,000 after purchasing an additional 2,645 shares during the last quarter. 90.46% of the stock is owned by institutional investors and hedge funds.

Howmet Aerospace Stock Performance

NYSE:HWM opened at $206.66 on Friday. The stock has a market cap of $83.09 billion, a P/E ratio of 60.43, a PEG ratio of 2.64 and a beta of 1.47. The stock has a 50 day simple moving average of $191.73 and a 200 day simple moving average of $178.25. 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 Inc. has a 1-year low of $105.04 and a 1-year high of $211.95.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. The firm had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.04 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The company’s revenue for the quarter was up 13.8% on a year-over-year basis. 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. Research analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

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

Analyst Upgrades and Downgrades

HWM has been the topic of a number of recent analyst reports. Royal Bank Of Canada boosted their price target on Howmet Aerospace from $210.00 to $235.00 and gave the stock an “outperform” rating in a research report on Friday, October 31st. The Goldman Sachs Group lifted their target price on Howmet Aerospace from $205.00 to $226.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. UBS Group increased their price target on Howmet Aerospace from $199.00 to $209.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. JPMorgan Chase & Co. raised their price target on Howmet Aerospace from $150.00 to $190.00 and gave the company an “overweight” rating in a report on Monday, August 4th. Finally, Morgan Stanley set a $225.00 price objective on shares of Howmet Aerospace and gave the company an “overweight” rating in a report on Friday, October 31st. Fourteen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $210.14.

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.