Plato Investment Management Ltd Has $2.71 Million Holdings in Howmet Aerospace Inc. $HWM

Plato Investment Management Ltd decreased its position in Howmet Aerospace Inc. (NYSE:HWM) by 33.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,590 shares of the company’s stock after selling 7,296 shares during the period. Plato Investment Management Ltd’s holdings in Howmet Aerospace were worth $2,706,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kesler Norman & Wride LLC purchased a new stake in Howmet Aerospace in the 2nd quarter valued at about $250,000. Leeward Financial Partners LLC purchased a new stake in Howmet Aerospace in the 2nd quarter valued at about $216,000. Kovack Advisors Inc. purchased a new stake in Howmet Aerospace in the 2nd quarter valued at about $316,000. Wolverine Asset Management LLC purchased a new stake in Howmet Aerospace in the 2nd quarter valued at about $372,000. Finally, Moody Aldrich Partners LLC purchased a new stake in Howmet Aerospace in the 2nd quarter valued at about $256,000. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Analyst Ratings Changes

HWM has been the subject of several analyst reports. Cowen reiterated a “buy” rating on shares of Howmet Aerospace in a research note on Friday. BTIG Research set a $205.00 price objective on shares of Howmet Aerospace and gave the company a “buy” rating in a research note on Monday, August 4th. Bank of America increased their price objective on shares of Howmet Aerospace from $185.00 to $215.00 and gave the company a “buy” rating in a research note on Tuesday, August 5th. Wall Street Zen raised shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Finally, Barclays reissued an “overweight” rating and set a $190.00 target price (up from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. Fifteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $194.57.

Howmet Aerospace Stock Up 2.3%

Howmet Aerospace stock opened at $206.47 on Friday. Howmet Aerospace Inc. has a twelve month low of $99.10 and a twelve month high of $211.95. The firm has a 50 day moving average price of $188.59 and a 200-day moving average price of $175.72. The company has a market capitalization of $83.23 billion, a P/E ratio of 60.37, a P/E/G ratio of 2.64 and a beta of 1.45. 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 (NYSE:HWM) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.91 by $0.04. The company had revenue of $2.09 billion during 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 revenue for the quarter was up 13.8% on a year-over-year basis. During the same period last year, the firm earned $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, equities analysts predict that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Announces Dividend

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

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.