6,058 Shares in Howmet Aerospace Inc. $HWM Purchased by WBI Investments LLC

Key Points

• WBI Investments LLC acquired 6,058 shares of Howmet Aerospace Inc. for approximately $786,000 in the first quarter, indicating increased institutional interest in the company.
• Howmet Aerospace recently announced its quarterly earnings, reporting $0.91 EPS, exceeding analysts' expectations, with a revenue of $2.05 billion, marking a 9.2% increase year-over-year.
• The company raised its quarterly dividend from $0.10 to $0.12 per share, signaling a positive financial outlook, and current institutional ownership stands at 90.46%.

WBI Investments LLC purchased a new position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 6,058 shares of the company's stock, valued at approximately $786,000.

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

Howmet Aerospace Trading Up 2.6%

Howmet Aerospace stock opened at $183.64 on Thursday. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08. The company has a market capitalization of $74.03 billion, a price-to-earnings ratio of 53.70, a PEG ratio of 2.32 and a beta of 1.45. Howmet Aerospace Inc. has a one year low of $91.03 and a one year high of $193.26. The company's fifty day moving average price is $180.13 and its two-hundred day moving average price is $158.45.

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. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The company had revenue of $2.05 billion during the quarter, compared to analysts' expectations of $1.99 billion. During the same period in the prior year, the company earned $0.67 earnings per share. The business's quarterly 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. On average, analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on HWM shares. BTIG Research set a $205.00 price target on Howmet Aerospace and gave the company a "buy" rating in a report on Monday, August 4th. Morgan Stanley upped their price target on shares of Howmet Aerospace from $170.00 to $210.00 and gave the stock an "overweight" rating in a research note on Thursday, July 17th. Zacks Research raised shares of Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 25th. Barclays reaffirmed an "overweight" rating and issued a $190.00 price target (up from $140.00) on shares of Howmet Aerospace in a research note on Monday, August 4th. Finally, Wall Street Zen raised shares of Howmet Aerospace from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. One investment 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 MarketBeat.com, Howmet Aerospace currently has an average rating of "Moderate Buy" and an average price target 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.

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