Cooper Financial Group Purchases Shares of 1,476 Howmet Aerospace Inc. $HWM

Key Points

• Cooper Financial Group acquired a new stake in Howmet Aerospace Inc., purchasing 1,476 shares valued at around $275,000 during the second quarter.
• Howmet Aerospace reported $0.91 EPS for the last quarter, exceeding analysts' expectations, with a revenue of $2.05 billion, marking a 9.2% increase from the previous year.
• The company announced a quarterly dividend of $0.12 per share, set to be paid on November 25, with an annualized dividend yield of 0.3%.

Cooper Financial Group purchased a new stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,476 shares of the company's stock, valued at approximately $275,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HWM. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Howmet Aerospace by 4.3% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,491 shares of the company's stock worth $278,000 after purchasing an additional 61 shares during the last quarter. Rise Advisors LLC raised its stake in shares of 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 last quarter. Pinpoint Asset Management Ltd raised its stake in shares of Howmet Aerospace by 42.8% in the first 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 last quarter. Golden State Equity Partners raised its stake in shares of Howmet Aerospace by 4.4% in the second quarter. Golden State Equity Partners now owns 1,820 shares of the company's stock worth $339,000 after purchasing an additional 77 shares during the last quarter. Finally, Hemington Wealth Management raised its stake in shares of Howmet Aerospace by 46.6% in the first quarter. Hemington Wealth Management now owns 255 shares of the company's stock worth $33,000 after purchasing an additional 81 shares during the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Howmet Aerospace Stock Down 1.9%

Howmet Aerospace stock opened at $191.11 on Friday. The stock has a market capitalization of $77.04 billion, a PE ratio of 55.88, a price-to-earnings-growth ratio of 2.52 and a beta of 1.45. Howmet Aerospace Inc. has a 12 month low of $98.83 and a 12 month high of $198.48. The business has a 50 day simple moving average of $182.33 and a 200-day simple moving average of $165.31. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08.

Howmet Aerospace (NYSE:HWM - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.91 EPS for the quarter, beating analysts' consensus estimates of $0.87 by $0.04. The business had revenue of $2.05 billion during the quarter, compared to analysts' expectations of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The business's revenue was up 9.2% compared to the same quarter last year. During the same period 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, analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be given a $0.12 dividend. The ex-dividend date is Friday, November 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. Howmet Aerospace's payout ratio is 14.04%.

Wall Street Analysts Forecast Growth

HWM has been the subject of several research analyst reports. Susquehanna raised their price objective on Howmet Aerospace from $170.00 to $210.00 and gave the stock a "positive" rating in a research note on Monday, July 14th. Wall Street Zen upgraded Howmet Aerospace from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Bank of America raised their price objective on Howmet Aerospace from $185.00 to $215.00 and gave the stock a "buy" rating in a research note on Tuesday, August 5th. Royal Bank Of Canada restated an "outperform" rating on shares of Howmet Aerospace in a research note on Monday, June 30th. Finally, JPMorgan Chase & Co. lifted their price target on Howmet Aerospace from $150.00 to $190.00 and gave the company an "overweight" rating in a research report on Monday, August 4th. Thirteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $175.50.

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.

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