Czech National Bank Increases Stock Holdings in Howmet Aerospace Inc. $HWM

Key Points

• Czech National Bank increased its holdings in Howmet Aerospace by 6.1% during Q2, owning 98,666 shares valued at $18.36 million after purchasing an additional 5,639 shares.
• Howmet Aerospace reported earnings of $0.91 per share for Q2, exceeding analysts' estimates, with a year-over-year revenue increase of 9.2%.
• The company announced a quarterly dividend increase from $0.10 to $0.12, resulting in an annualized yield of 0.3%.

Czech National Bank boosted its holdings in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 6.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 98,666 shares of the company's stock after purchasing an additional 5,639 shares during the quarter. Czech National Bank's holdings in Howmet Aerospace were worth $18,365,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of HWM. JPMorgan Chase & Co. raised its position in Howmet Aerospace by 21.1% in the 1st quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company's stock valued at $3,171,970,000 after purchasing an additional 4,252,401 shares during the last quarter. Nuveen LLC purchased a new position in Howmet Aerospace during the 1st quarter worth $366,209,000. GAMMA Investing LLC raised its position in Howmet Aerospace by 15,741.8% during the 1st quarter. GAMMA Investing LLC now owns 1,328,176 shares of the company's stock worth $1,723,040,000 after buying an additional 1,319,792 shares during the last quarter. Westfield Capital Management Co. LP purchased a new position in Howmet Aerospace during the 1st quarter worth $147,251,000. Finally, Zurich Insurance Group Ltd FI purchased a new position in Howmet Aerospace during the 4th quarter worth $102,996,000. Hedge funds and other institutional investors own 90.46% of the company's stock.

Howmet Aerospace Price Performance

Shares of NYSE:HWM traded down $1.46 during midday trading on Friday, reaching $190.38. The company's stock had a trading volume of 4,620,857 shares, compared to its average volume of 2,070,371. 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 Inc. has a fifty-two week low of $96.52 and a fifty-two week high of $193.26. The company has a market capitalization of $76.75 billion, a P/E ratio of 55.67, a P/E/G ratio of 2.48 and a beta of 1.45. The business's fifty day simple moving average is $181.21 and its 200-day simple moving average is $161.17.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) 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 firm had revenue of $2.05 billion for the quarter, compared to analysts' expectations of $1.99 billion. During the same quarter last year, the business earned $0.67 earnings per share. 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. As a group, equities research analysts expect that Howmet Aerospace Inc. will post 3.27 EPS 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 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 an increase from Howmet Aerospace's previous quarterly dividend of $0.10. The ex-dividend date was Friday, August 8th. Howmet Aerospace's dividend payout ratio (DPR) is 14.04%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. JPMorgan Chase & Co. upped their price objective on shares of Howmet Aerospace from $150.00 to $190.00 and gave the stock an "overweight" rating in a research report on Monday, August 4th. Truist Financial upped their price objective on shares of Howmet Aerospace from $161.00 to $192.00 and gave the stock a "buy" rating in a research report on Thursday, June 12th. Zacks Research upgraded shares of Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a report on Monday, August 25th. Susquehanna increased their price target 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. 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 equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, Howmet Aerospace presently has a consensus 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.