Park Capital Management LLC WI Makes New Investment in Howmet Aerospace Inc. $HWM

Key Points

• Park Capital Management LLC has acquired 3,531 shares of Howmet Aerospace Inc., valued at approximately $657,000, according to a recent SEC filing.
• Howmet Aerospace has reported a quarterly earnings per share (EPS) of $0.91, exceeding analyst expectations, with revenue of $2.05 billion for the quarter.
• The company recently increased its quarterly dividend from $0.10 to $0.12, representing a 0.3% yield with a payout ratio of 14.04%.

Park Capital Management LLC WI acquired a new stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,531 shares of the company's stock, valued at approximately $657,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of HWM. Pinpoint Asset Management Ltd lifted its holdings in shares of Howmet Aerospace by 42.8% during the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company's stock valued at $31,000 after purchasing an additional 71 shares during the last quarter. Hemington Wealth Management lifted its stake in Howmet Aerospace by 46.6% in the 1st quarter. Hemington Wealth Management now owns 255 shares of the company's stock worth $33,000 after purchasing an additional 81 shares in the last quarter. GPS Wealth Strategies Group LLC raised its position in shares of Howmet Aerospace by 114.6% during the 1st quarter. GPS Wealth Strategies Group LLC now owns 264 shares of the company's stock valued at $34,000 after buying an additional 141 shares in the last quarter. Rise Advisors LLC raised its position in shares of Howmet Aerospace by 32.4% during the 1st quarter. Rise Advisors LLC now owns 270 shares of the company's stock valued at $35,000 after buying an additional 66 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC grew its holdings in Howmet Aerospace by 100.7% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company's stock valued at $36,000 after purchasing an additional 140 shares during the last quarter. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Trading Down 0.8%

NYSE HWM traded down $1.46 during mid-day trading on Friday, reaching $190.38. 4,620,857 shares of the stock were exchanged, compared to its average volume of 2,070,371. The business's fifty day simple moving average is $181.21 and its 200 day simple moving average is $161.39. The stock has a market capitalization of $76.75 billion, a PE ratio of 55.67, a PEG ratio of 2.46 and a beta of 1.45. Howmet Aerospace Inc. has a 1-year low of $96.52 and a 1-year high of $193.26. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) 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 net margin of 18.09% and a return on equity of 28.17%. The firm's revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the business 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 anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

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

Analyst Ratings Changes

HWM has been the subject of several recent research reports. Vertical Research reissued a "buy" rating on shares of Howmet Aerospace in a report on Thursday, July 31st. Wall Street Zen raised shares of Howmet Aerospace from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Royal Bank Of Canada reiterated an "outperform" rating on shares of Howmet Aerospace in a research note on Monday, June 30th. Morgan Stanley upped their price objective 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, BTIG Research set a $205.00 target price on Howmet Aerospace and gave the stock a "buy" rating in a research report on Monday, August 4th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $172.13.

Howmet Aerospace 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.