HMS Capital Management LLC Invests $315,000 in Howmet Aerospace Inc. $HWM

Key Points

• HMS Capital Management LLC has acquired a new stake in Howmet Aerospace, purchasing 1,691 shares valued at approximately $315,000 in the 2nd quarter.
• Institutional ownership is high, with 90.46% of Howmet Aerospace's stock held by institutional investors and hedge funds.
• Howmet Aerospace recently reported earnings of $0.91 EPS for the last quarter, exceeding estimates, and announced an increase in its quarterly dividend from $0.10 to $0.12 per share.

HMS Capital Management LLC purchased a new stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 1,691 shares of the company's stock, valued at approximately $315,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Pinpoint Asset Management Ltd boosted 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 worth $31,000 after acquiring an additional 71 shares during the last quarter. Hemington Wealth Management lifted its stake in shares of Howmet Aerospace by 46.6% during the 1st quarter. Hemington Wealth Management now owns 255 shares of the company's stock worth $33,000 after purchasing an additional 81 shares during the period. GPS Wealth Strategies Group LLC boosted its holdings in shares of Howmet Aerospace by 114.6% during the first quarter. GPS Wealth Strategies Group LLC now owns 264 shares of the company's stock worth $34,000 after purchasing an additional 141 shares during the last quarter. Rise Advisors LLC boosted its holdings in shares of Howmet Aerospace by 32.4% during 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. Finally, Annis Gardner Whiting Capital Advisors LLC grew its position in shares of 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 purchasing an additional 140 shares during the period. Institutional investors and hedge funds own 90.46% of the company's stock.

Howmet Aerospace Stock Performance

Howmet Aerospace stock traded down $1.35 during midday trading on Friday, reaching $190.49. 1,565,831 shares of the stock traded hands, compared to its average volume of 2,931,743. The firm has a fifty day moving average price of $181.00 and a two-hundred day moving average price of $160.73. Howmet Aerospace Inc. has a fifty-two week low of $96.52 and a fifty-two week high of $193.26. The firm has a market cap of $76.79 billion, a price-to-earnings ratio of 55.69, a PEG ratio of 2.40 and a beta of 1.45. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, topping analysts' consensus estimates of $0.87 by $0.04. The company had revenue of $2.05 billion during the quarter, compared to analyst estimates of $1.99 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The business's revenue for the quarter was up 9.2% compared to the same quarter last year. During the same period in the prior year, the business 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. On average, equities research analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current 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 issued a $0.12 dividend. The ex-dividend date was Friday, August 8th. This is an increase 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

Several brokerages recently commented on HWM. Barclays reaffirmed an "overweight" rating and set a $190.00 price target (up previously from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. Bank of America upped their price objective on Howmet Aerospace from $185.00 to $215.00 and gave the stock a "buy" rating in a report on Tuesday, August 5th. JPMorgan Chase & Co. upped their price target on Howmet Aerospace from $150.00 to $190.00 and gave the stock an "overweight" rating in a research note on Monday, August 4th. Wall Street Zen upgraded Howmet Aerospace from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Finally, Susquehanna increased their target price on shares of Howmet Aerospace from $170.00 to $210.00 and gave the stock a "positive" rating in a research report on Monday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Howmet Aerospace currently has an average rating of "Moderate Buy" and a consensus target price 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.