AG2R LA Mondiale Gestion D Actifs Invests $1.97 Million in Howmet Aerospace Inc. $HWM

Key Points

• AG2R LA Mondiale Gestion D Actifs acquired 15,191 shares of Howmet Aerospace Inc. worth approximately $1.97 million in the first quarter, reflecting increased institutional interest in the company.
• Howmet Aerospace reported a quarterly earnings per share of $0.91, surpassing analysts' expectations, and had a revenue of $2.05 billion, up 9.2% compared to the previous year.
• The company declared a quarterly dividend of $0.12 per share, an increase from the previous $0.10, positioning the dividend yield at 0.3%.

AG2R LA Mondiale Gestion D Actifs bought a new stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The fund bought 15,191 shares of the company's stock, valued at approximately $1,971,000.

Several other large investors have also recently made changes to their positions in HWM. Rise Advisors LLC grew its holdings in shares of Howmet Aerospace by 32.4% during the first quarter. Rise Advisors LLC now owns 270 shares of the company's stock worth $35,000 after buying an additional 66 shares in the last quarter. Pinpoint Asset Management Ltd grew 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 worth $31,000 after buying an additional 71 shares in the last quarter. Hemington Wealth Management grew its holdings 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 in the last quarter. CVA Family Office LLC grew its holdings in shares of Howmet Aerospace by 15.7% during the first quarter. CVA Family Office LLC now owns 605 shares of the company's stock worth $78,000 after buying an additional 82 shares in the last quarter. Finally, Mount Lucas Management LP grew its holdings in shares of Howmet Aerospace by 3.2% during the first quarter. Mount Lucas Management LP now owns 2,661 shares of the company's stock worth $345,000 after buying an additional 82 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Trading Up 3.3%

NYSE HWM traded up $6.06 during trading hours on Thursday, reaching $191.45. The company had a trading volume of 930,829 shares, compared to its average volume of 2,933,702. The stock has a 50-day moving average of $180.73 and a 200 day moving average of $160.31. Howmet Aerospace Inc. has a 1-year low of $95.46 and a 1-year high of $193.26. 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 stock has a market capitalization of $77.18 billion, a P/E ratio of 55.97, a price-to-earnings-growth ratio of 2.43 and a beta of 1.45.

Howmet Aerospace (NYSE:HWM - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.91 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 for the quarter, compared to analysts' expectations of $1.99 billion. During the same quarter in the prior year, the company posted $0.67 earnings per share. Howmet Aerospace's revenue for the quarter 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, research analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

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

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on HWM. Zacks Research raised shares of Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a report on Monday, August 25th. Susquehanna upped their price objective on shares of Howmet Aerospace from $170.00 to $210.00 and gave the company a "positive" rating in a report on Monday, July 14th. Wall Street Zen raised shares of Howmet Aerospace from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Vertical Research reissued a "buy" rating on shares of Howmet Aerospace in a report on Thursday, July 31st. Finally, Royal Bank Of Canada reissued an "outperform" rating on shares of Howmet Aerospace in a report on Monday, June 30th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Howmet Aerospace presently has a consensus rating of "Moderate Buy" and an average 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.