Cladis Investment Advisory LLC Buys New Position in Howmet Aerospace Inc. $HWM

Key Points

• Cladis Investment Advisory LLC has made a new investment in Howmet Aerospace, acquiring 1,666 shares worth approximately $216,000 during the first quarter.
• Analysts have significantly increased their price targets for Howmet Aerospace, with estimates ranging from $145.00 to $215.00, reflecting strong market confidence in the company's growth potential.
• Howmet Aerospace recently announced a quarterly dividend increase from $0.10 to $0.12 per share, representing a yield of 0.3% and showcasing a commitment to returning value to shareholders.

Cladis Investment Advisory LLC purchased a new stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,666 shares of the company's stock, valued at approximately $216,000.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in shares of Howmet Aerospace by 21.1% in the first quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company's stock worth $3,171,970,000 after buying an additional 4,252,401 shares during the period. Nuveen LLC bought a new stake in shares of Howmet Aerospace in the first quarter worth $366,209,000. GAMMA Investing LLC lifted its position in Howmet Aerospace by 15,741.8% during the first quarter. GAMMA Investing LLC now owns 1,328,176 shares of the company's stock valued at $1,723,040,000 after purchasing an additional 1,319,792 shares in the last quarter. Westfield Capital Management Co. LP purchased a new stake in shares of Howmet Aerospace during the first quarter worth about $147,251,000. Finally, Janus Henderson Group PLC boosted its stake in Howmet Aerospace by 10.3% during the fourth quarter. Janus Henderson Group PLC now owns 10,947,354 shares of the company's stock valued at $1,197,315,000 after buying an additional 1,026,130 shares during the last quarter. Institutional investors own 90.46% of the company's stock.

Howmet Aerospace Price Performance

HWM stock traded down $2.4540 during mid-day trading on Friday, reaching $170.7960. The company's stock had a trading volume of 2,995,542 shares, compared to its average volume of 3,032,078. Howmet Aerospace Inc. has a fifty-two week low of $90.71 and a fifty-two week high of $193.26. The stock has a market cap of $68.85 billion, a PE ratio of 49.94, a P/E/G ratio of 2.23 and a beta of 1.48. 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 company's 50 day moving average is $179.96 and its two-hundred day moving average is $154.10.

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 for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $1.99 billion. During the same period in the prior year, the business posted $0.67 EPS. The company'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. Equities research analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 25th. Investors of record on Friday, August 8th will be paid a dividend of $0.12 per share. The ex-dividend date is Friday, August 8th. This represents a $0.48 annualized dividend and a yield of 0.3%. This is an increase from Howmet Aerospace's previous quarterly dividend of $0.10. Howmet Aerospace's dividend payout ratio (DPR) is 14.04%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Royal Bank Of Canada reiterated an "outperform" rating on shares of Howmet Aerospace in a report on Monday, June 30th. Barclays reissued an "overweight" rating and set a $190.00 target price (up previously from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. Wells Fargo & Company upped their price objective on Howmet Aerospace from $118.00 to $145.00 and gave the stock an "equal weight" rating in a research note on Friday, May 2nd. Bank of America lifted their price target on shares of Howmet Aerospace from $185.00 to $215.00 and gave the stock a "buy" rating in a report on Tuesday, August 5th. Finally, Susquehanna boosted their price target on Howmet Aerospace from $170.00 to $210.00 and gave the stock a "positive" rating in a research note on Monday, July 14th. Fourteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target 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.