Guyasuta Investment Advisors Inc. Acquires 1,509 Shares of Howmet Aerospace Inc. $HWM

Key Points

• Guyasuta Investment Advisors Inc. increased its stake in Howmet Aerospace Inc. by 33.1%, acquiring an additional 1,509 shares in the second quarter, bringing its total holdings to 6,067 shares valued at approximately $1.13 million.
• Howmet Aerospace reported earnings of $0.91 per share in its last quarter, exceeding analysts' expectations of $0.87, alongside a revenue increase of 9.2% year-over-year.
• The company has recently increased its quarterly dividend from $0.10 to $0.12 per share, reflecting a commitment to returning value to shareholders.

Guyasuta Investment Advisors Inc. lifted its stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 33.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,067 shares of the company's stock after purchasing an additional 1,509 shares during the quarter. Guyasuta Investment Advisors Inc.'s holdings in Howmet Aerospace were worth $1,129,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of HWM. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in 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 acquiring an additional 61 shares in 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 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 acquiring an additional 71 shares in the last quarter. Golden State Equity Partners raised its position in Howmet Aerospace by 4.4% during the second quarter. Golden State Equity Partners now owns 1,820 shares of the company's stock valued at $339,000 after acquiring an additional 77 shares in the last quarter. Finally, 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 acquiring an additional 81 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 $193.55 on Friday. Howmet Aerospace Inc. has a fifty-two week low of $97.86 and a fifty-two week high of $194.89. The stock has a fifty day moving average of $181.73 and a two-hundred day moving average of $163.71. 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 company has a market capitalization of $78.03 billion, a price-to-earnings ratio of 56.59, a PEG ratio of 2.50 and a beta of 1.45.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, beating 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 firm earned $0.67 earnings per share. The firm's revenue for the quarter 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. On average, analysts anticipate that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 25th. Stockholders of record on Friday, August 8th were given a dividend of $0.12 per share. The ex-dividend date of this dividend 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 0.2%. Howmet Aerospace's dividend payout ratio is presently 14.04%.

Analysts Set New Price Targets

HWM has been the subject of a number of recent analyst reports. Vertical Research restated a "buy" rating on shares of Howmet Aerospace in a research report on Thursday, July 31st. Zacks Research raised Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 25th. JPMorgan Chase & Co. boosted their price objective on Howmet Aerospace from $150.00 to $190.00 and gave the stock an "overweight" rating in a research note on Monday, August 4th. Bank of America lifted their target price on Howmet Aerospace from $185.00 to $215.00 and gave the company a "buy" rating in a research report on Tuesday, August 5th. Finally, BTIG Research set a $205.00 price objective on Howmet Aerospace and gave the company a "buy" rating in a report on Monday, August 4th. One 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. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus 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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