Counterpoint Mutual Funds LLC Makes New $2.41 Million Investment in Howmet Aerospace Inc. $HWM

Key Points

• Counterpoint Mutual Funds LLC has invested approximately $2.41 million in Howmet Aerospace, acquiring 12,921 shares in the second quarter, making it the fund's 20th largest position.
• Howmet Aerospace recently reported a quarterly earnings per share (EPS) of $0.91, exceeding expectations, with revenues reaching $2.05 billion.
• The company also announced a quarterly dividend increase from $0.10 to $0.12, representing an annualized payout of $0.48 and a yield of 0.2%.

Counterpoint Mutual Funds LLC bought a new position in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,921 shares of the company's stock, valued at approximately $2,405,000. Howmet Aerospace makes up 0.2% of Counterpoint Mutual Funds LLC's portfolio, making the stock its 20th largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. AdvisorNet Financial Inc raised its position in shares of Howmet Aerospace by 2,433.3% in the second quarter. AdvisorNet Financial Inc now owns 228 shares of the company's stock worth $42,000 after buying an additional 219 shares in the last quarter. Pinpoint Asset Management Ltd raised its position in 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 in the last quarter. Hemington Wealth Management raised its position in Howmet Aerospace by 46.6% during the first quarter. Hemington Wealth Management now owns 255 shares of the company's stock valued at $33,000 after purchasing an additional 81 shares in the last quarter. GPS Wealth Strategies Group LLC raised its position in Howmet Aerospace by 114.6% during the first quarter. GPS Wealth Strategies Group LLC now owns 264 shares of the company's stock valued at $34,000 after purchasing an additional 141 shares in the last quarter. Finally, Rise Advisors LLC raised its position in Howmet Aerospace by 32.4% during the first quarter. Rise Advisors LLC now owns 270 shares of the company's stock valued at $35,000 after purchasing an additional 66 shares in the last quarter. Hedge funds and other institutional investors own 90.46% of the company's stock.

Howmet Aerospace Stock Performance

Howmet Aerospace stock opened at $192.12 on Tuesday. The stock's 50 day simple moving average is $181.37 and its two-hundred day simple moving average is $162.12. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31. The stock has a market cap of $77.45 billion, a price-to-earnings ratio of 56.18, a PEG ratio of 2.46 and a beta of 1.45. Howmet Aerospace Inc. has a fifty-two week low of $97.23 and a fifty-two week high of $193.26.

Howmet Aerospace (NYSE:HWM - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.04. The business had revenue of $2.05 billion for 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% on a year-over-year basis. During the same period in the previous year, the firm posted $0.67 EPS. 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, analysts expect that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, August 25th. Stockholders of record on Friday, August 8th were given a $0.12 dividend. The ex-dividend date of this dividend was Friday, August 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.2%. This is an increase from Howmet Aerospace's previous quarterly dividend of $0.10. Howmet Aerospace's payout ratio is presently 14.04%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Royal Bank Of Canada restated an "outperform" rating on shares of Howmet Aerospace in a research report on Monday, June 30th. Zacks Research upgraded Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 25th. Vertical Research restated a "buy" rating on shares of Howmet Aerospace in a research report on Thursday, July 31st. Susquehanna raised their price target on Howmet Aerospace from $170.00 to $210.00 and gave the company a "positive" rating in a research report on Monday, July 14th. Finally, BTIG Research set a $205.00 price objective on Howmet Aerospace and gave the company a "buy" rating in a research note on Monday, August 4th. One equities research 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 company's stock. According to MarketBeat, Howmet Aerospace presently has an average rating of "Moderate Buy" and an average price target of $172.13.

Howmet Aerospace Company 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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