Empowered Funds LLC Has $14.61 Million Position in Howmet Aerospace Inc. $HWM

Key Points

• Empowered Funds LLC increased its holdings in Howmet Aerospace Inc. by 30.4%, acquiring an additional 26,225 shares, bringing its total to 112,587 shares valued at approximately $14.6 million.
• Howmet Aerospace recently reported earnings of $0.91 per share, surpassing analysts' expectations, with a revenue increase of 9.2% year-over-year to $2.05 billion.
• The company also raised its quarterly dividend from $0.10 to $0.12 per share, reflecting a positive trajectory in shareholder returns.

Empowered Funds LLC raised its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 30.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 112,587 shares of the company's stock after acquiring an additional 26,225 shares during the quarter. Empowered Funds LLC's holdings in Howmet Aerospace were worth $14,606,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Pinpoint Asset Management Ltd grew its stake in Howmet Aerospace by 42.8% during the 1st quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company's stock valued at $31,000 after acquiring an additional 71 shares in the last quarter. Hemington Wealth Management increased its holdings in 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 buying an additional 81 shares during 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 acquiring an additional 141 shares in the last quarter. 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 acquiring an additional 66 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC lifted its stake in Howmet Aerospace by 100.7% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company's stock valued at $36,000 after acquiring an additional 140 shares during the last quarter. Hedge funds and other institutional investors own 90.46% of the company's stock.

Howmet Aerospace Stock Performance

Shares of HWM traded up $0.31 during mid-day trading on Thursday, hitting $184.11. The company's stock had a trading volume of 2,000,038 shares, compared to its average volume of 2,142,323. Howmet Aerospace Inc. has a one year low of $92.77 and a one year high of $193.26. 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 firm has a market capitalization of $74.22 billion, a PE ratio of 53.83, a price-to-earnings-growth ratio of 2.38 and a beta of 1.45. The stock's 50-day moving average is $180.20 and its two-hundred day moving average is $158.83.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued 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. The business had revenue of $2.05 billion during the quarter, compared to analyst estimates of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.Howmet Aerospace's revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the company posted $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. As a group, sell-side analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Increases Dividend

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

Analyst Upgrades and Downgrades

HWM has been the subject of a number of analyst reports. Royal Bank Of Canada reiterated an "outperform" rating on shares of Howmet Aerospace in a research note on Monday, June 30th. BTIG Research set a $205.00 target price on shares of Howmet Aerospace and gave the company a "buy" rating in a research note on Monday, August 4th. Truist Financial lifted their target price on shares of Howmet Aerospace from $161.00 to $192.00 and gave the company a "buy" rating in a research note on Thursday, June 12th. JPMorgan Chase & Co. lifted their target price on shares of Howmet Aerospace from $150.00 to $190.00 and gave the company an "overweight" rating in a research note on Monday, August 4th. Finally, Morgan Stanley boosted their target price on Howmet Aerospace from $170.00 to $210.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus 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.