3,155 Shares in Howmet Aerospace Inc. $HWM Bought by David J Yvars Group

Key Points

• David J Yvars Group has acquired a new position in Howmet Aerospace Inc., purchasing 3,155 shares valued at approximately $587,000.
• Howmet Aerospace reported earnings of $0.91 EPS for the last quarter, exceeding analysts' expectations, with revenue of $2.05 billion, marking a year-over-year increase of 9.2%.
• The company announced a quarterly dividend increase to $0.12, up from $0.10, reflecting a positive outlook with a payout ratio of 14.04%.

David J Yvars Group purchased a new stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,155 shares of the company's stock, valued at approximately $587,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake in Howmet Aerospace by 1.5% in the first quarter. Vanguard Group Inc. now owns 47,813,262 shares of the company's stock valued at $6,202,814,000 after purchasing an additional 695,953 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Howmet Aerospace by 21.1% in the first quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company's stock valued at $3,171,970,000 after purchasing an additional 4,252,401 shares in the last quarter. Invesco Ltd. grew its stake in Howmet Aerospace by 8.3% in the first quarter. Invesco Ltd. now owns 7,315,238 shares of the company's stock valued at $949,006,000 after purchasing an additional 563,109 shares in the last quarter. Northern Trust Corp grew its stake in Howmet Aerospace by 1.3% in the first quarter. Northern Trust Corp now owns 3,722,871 shares of the company's stock valued at $482,968,000 after purchasing an additional 45,963 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of Howmet Aerospace by 6.1% during the 1st quarter. Ameriprise Financial Inc. now owns 3,589,432 shares of the company's stock worth $465,666,000 after acquiring an additional 206,397 shares during the period. 90.46% of the stock is currently owned by institutional investors.

Howmet Aerospace Price Performance

Shares of NYSE:HWM traded down $1.46 during trading on Friday, reaching $190.38. 4,620,857 shares of the company traded hands, compared to its average volume of 2,070,371. 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 Inc. has a 52 week low of $96.52 and a 52 week high of $193.26. The firm has a market capitalization of $76.75 billion, a PE ratio of 55.67, a PEG ratio of 2.48 and a beta of 1.45. The company's 50 day moving average is $181.21 and its two-hundred day moving average is $161.17.

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

Howmet Aerospace Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, August 25th. Shareholders of record on Friday, August 8th were given a $0.12 dividend. This is a boost from Howmet Aerospace's previous quarterly dividend of $0.10. The ex-dividend date was Friday, August 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. Howmet Aerospace's dividend payout ratio is presently 14.04%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Susquehanna lifted their target price on Howmet Aerospace from $170.00 to $210.00 and gave the stock a "positive" rating in a research note on Monday, July 14th. Royal Bank Of Canada reiterated an "outperform" rating on shares of Howmet Aerospace in a research note on Monday, June 30th. BTIG Research set a $205.00 target price on Howmet Aerospace and gave the stock a "buy" rating in a research note on Monday, August 4th. Truist Financial lifted their target price on Howmet Aerospace from $161.00 to $192.00 and gave the stock a "buy" rating in a research note on Thursday, June 12th. Finally, Barclays reiterated an "overweight" rating and set a $190.00 target price (up from $140.00) on shares of Howmet Aerospace in a research note on Monday, August 4th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average 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.