Dilation Capital Management LP Sells 19,885 Shares of Howmet Aerospace Inc. $HWM

Dilation Capital Management LP reduced its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 38.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 32,455 shares of the company’s stock after selling 19,885 shares during the quarter. Howmet Aerospace comprises 3.2% of Dilation Capital Management LP’s investment portfolio, making the stock its 15th largest position. Dilation Capital Management LP’s holdings in Howmet Aerospace were worth $6,369,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HWM. Norges Bank purchased a new position in Howmet Aerospace during the 2nd quarter valued at $1,633,157,000. JPMorgan Chase & Co. increased its position in shares of Howmet Aerospace by 30.1% during the second quarter. JPMorgan Chase & Co. now owns 31,806,624 shares of the company’s stock valued at $5,920,181,000 after buying an additional 7,356,077 shares during the period. American Century Companies Inc. raised its stake in 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 buying an additional 1,240,071 shares in the last quarter. Nordea Investment Management AB lifted its holdings in Howmet Aerospace by 1,340.2% in the second quarter. Nordea Investment Management AB now owns 880,155 shares of the company’s stock worth $163,137,000 after buying an additional 819,040 shares during the period. Finally, Westfield Capital Management Co. LP boosted its position in 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 acquiring an additional 780,896 shares in the last quarter. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Up 2.1%

NYSE:HWM opened at $224.97 on Thursday. 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 cap of $90.45 billion, a P/E ratio of 63.19, a P/E/G ratio of 2.08 and a beta of 1.29. Howmet Aerospace Inc. has a fifty-two week low of $105.04 and a fifty-two week high of $226.87. The firm has a 50-day simple moving average of $205.86 and a two-hundred day simple moving average of $193.90.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results 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 analysts’ expectations of $2.04 billion. Howmet Aerospace had a net margin of 18.18% and a return on equity of 29.21%. The business’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.81 earnings per share. 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. Analysts predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Announces Dividend

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

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Wall Street Zen raised Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Sunday. BNP Paribas Exane initiated coverage on Howmet Aerospace in a research report on Tuesday, November 18th. They set an “outperform” rating and a $240.00 price objective for the company. Bank of America boosted their target price on shares of Howmet Aerospace from $215.00 to $250.00 and gave the company a “buy” rating in a report on Friday, November 14th. Susquehanna reiterated a “positive” rating and issued a $255.00 price target on shares of Howmet Aerospace in a research note on Thursday, January 15th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Howmet Aerospace from $190.00 to $227.00 and gave the company an “overweight” rating in a research report on Monday, November 10th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $224.53.

Howmet Aerospace 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.