1,566 Shares in Howmet Aerospace Inc. $HWM Purchased by Wilson & Boucher Capital Management LLC

Key Points

• Wilson & Boucher Capital Management LLC acquired 1,566 shares of Howmet Aerospace Inc., valued at approximately $203,000, signaling increasing institutional interest in the company.
• Howmet Aerospace has recently raised its quarterly dividend from $0.10 to $0.12, reflecting a commitment to returning value to shareholders.
• The company reported second-quarter earnings of $0.91 per share, exceeding estimates and indicating a 9.2% year-over-year revenue growth, amid positive forecasts for future earnings.

Wilson & Boucher Capital Management LLC bought a new position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 1,566 shares of the company's stock, valued at approximately $203,000.

Other hedge funds have also made changes to their positions in the company. Harbour Investments Inc. lifted its holdings in shares of Howmet Aerospace by 10.1% in the 1st quarter. Harbour Investments Inc. now owns 1,114 shares of the company's stock worth $145,000 after buying an additional 102 shares during the period. PFG Advisors lifted its holdings in shares of Howmet Aerospace by 37.9% in the 1st quarter. PFG Advisors now owns 9,593 shares of the company's stock worth $1,245,000 after buying an additional 2,635 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of Howmet Aerospace by 233.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 140,883 shares of the company's stock worth $18,277,000 after acquiring an additional 98,642 shares in the last quarter. Park Avenue Securities LLC raised its position in shares of Howmet Aerospace by 126.1% in the 1st quarter. Park Avenue Securities LLC now owns 24,207 shares of the company's stock worth $3,140,000 after acquiring an additional 13,500 shares in the last quarter. Finally, Private Trust Co. NA raised its position in shares of Howmet Aerospace by 65.4% in the 1st quarter. Private Trust Co. NA now owns 673 shares of the company's stock worth $87,000 after acquiring an additional 266 shares in the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Howmet Aerospace Stock Performance

Shares of HWM stock traded up $0.31 during mid-day trading on Thursday, reaching $184.11. The stock had a trading volume of 2,000,038 shares, compared to its average volume of 2,142,323. The business's fifty day moving average is $180.20 and its 200-day moving average is $158.83. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65. The firm has a market cap of $74.22 billion, a price-to-earnings ratio of 53.83, a PEG ratio of 2.38 and a beta of 1.45. Howmet Aerospace Inc. has a 1-year low of $92.77 and a 1-year high of $193.26.

Howmet Aerospace (NYSE:HWM - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, beating analysts' consensus estimates of $0.87 by $0.04. The business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The company's revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.67 earnings per share. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. On average, research analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 25th. Investors of record on Friday, August 8th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. This is a boost from Howmet Aerospace's previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Friday, August 8th. Howmet Aerospace's dividend payout ratio is 14.04%.

Analysts Set New Price Targets

Several research firms have recently commented on HWM. BTIG Research set a $205.00 price target on Howmet Aerospace and gave the stock a "buy" rating in a research report on Monday, August 4th. Truist Financial boosted their price target on Howmet Aerospace from $161.00 to $192.00 and gave the stock a "buy" rating in a research report on Thursday, June 12th. Barclays restated an "overweight" rating and issued a $190.00 target price (up from $140.00) on shares of Howmet Aerospace in a research note on Monday, August 4th. Morgan Stanley raised their target price on shares of Howmet Aerospace from $170.00 to $210.00 and gave the company an "overweight" rating in a research note on Thursday, July 17th. Finally, JPMorgan Chase & Co. raised their target price on shares of Howmet Aerospace from $150.00 to $190.00 and gave the company an "overweight" rating in a research note on Monday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $172.13.

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.