DSG Capital Advisors LLC Purchases 4,327 Shares of Howmet Aerospace Inc. $HWM

DSG Capital Advisors LLC raised its position in Howmet Aerospace Inc. (NYSE:HWM) by 14.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 34,487 shares of the company’s stock after acquiring an additional 4,327 shares during the period. Howmet Aerospace makes up about 1.1% of DSG Capital Advisors LLC’s holdings, making the stock its 28th largest holding. DSG Capital Advisors LLC’s holdings in Howmet Aerospace were worth $6,767,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank bought a new stake in Howmet Aerospace in the 2nd quarter valued at about $1,633,157,000. JPMorgan Chase & Co. boosted its position in Howmet Aerospace by 30.1% during the second 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 period. American Century Companies Inc. increased its stake in shares of Howmet Aerospace by 51.8% in the second quarter. American Century Companies Inc. now owns 3,635,999 shares of the company’s stock worth $676,769,000 after purchasing an additional 1,240,071 shares in the last quarter. Nordea Investment Management AB raised its position in shares of Howmet Aerospace by 1,340.2% in the second quarter. Nordea Investment Management AB now owns 880,155 shares of the company’s stock valued at $163,137,000 after purchasing an additional 819,040 shares during the period. Finally, Westfield Capital Management Co. LP lifted its stake in shares of Howmet Aerospace by 68.8% during the 2nd quarter. Westfield Capital Management Co. LP now owns 1,915,955 shares of the company’s stock valued at $356,617,000 after buying an additional 780,896 shares in the last quarter. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Price Performance

NYSE:HWM opened at $215.47 on Wednesday. Howmet Aerospace Inc. has a 52-week low of $105.04 and a 52-week high of $226.87. The stock has a fifty day moving average of $207.01 and a 200 day moving average of $195.01. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.14 and a current ratio of 2.35. The firm has a market capitalization of $86.63 billion, a price-to-earnings ratio of 60.53, a P/E/G ratio of 2.04 and a beta of 1.29.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.04. Howmet Aerospace had a return on equity of 29.21% and a net margin of 18.18%.The firm had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.04 billion. During the same quarter last year, the firm posted $0.81 EPS. The company’s revenue was up 13.8% compared to the same quarter last year. Howmet Aerospace has set its FY 2025 guidance at 3.660-3.680 EPS and its Q4 2025 guidance at 0.940-0.960 EPS. On average, research analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 25th. Shareholders of record on Friday, February 6th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, February 6th. This represents a $0.48 annualized dividend and a yield of 0.2%. Howmet Aerospace’s payout ratio is presently 13.48%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Bank of America lifted their price objective on shares of Howmet Aerospace from $215.00 to $250.00 and gave the company a “buy” rating in a research note on Friday, November 14th. TD Cowen reiterated a “buy” rating on shares of Howmet Aerospace in a research report on Friday, October 31st. Wall Street Zen upgraded Howmet Aerospace from a “hold” rating to a “buy” rating in a research note on Sunday, January 18th. BNP Paribas Exane began coverage on Howmet Aerospace in a research note on Tuesday, November 18th. They issued an “outperform” rating and a $240.00 target price for the company. Finally, Susquehanna reaffirmed a “positive” rating and set a $255.00 target price on shares of Howmet Aerospace in a report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $224.53.

Howmet Aerospace Company Profile

Howmet Aerospace Inc is an industrial technology company that designs, manufactures and repairs engineered metal products for the aerospace, transportation and industrial markets. Its product portfolio includes precision castings and forgings, engineered fasteners, seamless rolled rings, and complex components for turbine engines, airframes and industrial gas turbines. The company also provides aftermarket services such as component repair, overhaul and parts distribution to support the operating fleet of commercial and military customers.

Howmet serves a global customer base of original equipment manufacturers (OEMs) and aftermarket operators, with manufacturing, service and distribution facilities across North America, Europe and Asia.