Johnson Financial Group Inc. Cuts Position in Howmet Aerospace Inc. $HWM

Johnson Financial Group Inc. lowered its position in Howmet Aerospace Inc. (NYSE:HWM) by 53.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 450 shares of the company’s stock after selling 520 shares during the quarter. Johnson Financial Group Inc.’s holdings in Howmet Aerospace were worth $84,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its position in shares of Howmet Aerospace by 30.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 31,806,624 shares of the company’s stock worth $5,920,181,000 after purchasing an additional 7,356,077 shares during the last quarter. Nuveen LLC purchased a new stake in Howmet Aerospace during the 1st quarter worth about $366,209,000. American Century Companies Inc. increased its holdings in shares of Howmet Aerospace by 51.8% in the 2nd quarter. American Century Companies Inc. now owns 3,635,999 shares of the company’s stock valued at $676,769,000 after acquiring an additional 1,240,071 shares during the last quarter. Westfield Capital Management Co. LP acquired a new stake in shares of Howmet Aerospace during the 1st quarter worth about $147,251,000. Finally, Nordea Investment Management AB lifted its stake in Howmet Aerospace by 1,340.2% during the second quarter. Nordea Investment Management AB now owns 880,155 shares of the company’s stock worth $163,137,000 after purchasing an additional 819,040 shares during the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Howmet Aerospace Price Performance

Shares of NYSE:HWM opened at $204.55 on Friday. Howmet Aerospace Inc. has a one year low of $105.04 and a one year high of $211.95. The stock has a market capitalization of $82.24 billion, a price-to-earnings ratio of 59.81, a PEG ratio of 2.64 and a beta of 1.47. The company has a 50-day simple moving average of $197.90 and a 200-day simple moving average of $184.45. 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 results on Thursday, October 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping 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 business’s 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, analysts predict that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Dividend Announcement

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

Analysts Set New Price Targets

A number of analysts have weighed in on HWM shares. Susquehanna set a $235.00 price objective on shares of Howmet Aerospace and gave the stock a “positive” rating in a report on Friday, October 31st. Barclays reissued an “overweight” rating and issued a $190.00 price target (up from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. Cowen restated a “buy” rating on shares of Howmet Aerospace in a research note on Friday, October 31st. Morgan Stanley set a $225.00 target price on Howmet Aerospace and gave the stock an “overweight” rating in a research report on Friday, October 31st. Finally, BNP Paribas Exane initiated coverage on Howmet Aerospace in a research report on Tuesday, November 18th. They issued an “outperform” rating and a $240.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $216.93.

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.