Inspire Investing LLC Buys 9,543 Shares of Howmet Aerospace Inc. $HWM

Key Points

• Inspire Investing LLC increased its stake in Howmet Aerospace by 163.6%, acquiring an additional 9,543 shares, bringing its total to 15,375 shares valued at approximately $2.86 million.
• Howmet Aerospace reported better-than-expected earnings for the recent quarter, with an EPS of $0.91, exceeding estimates of $0.87, and revenue of $2.05 billion against a $1.99 billion expectation.
• The company announced a quarterly dividend of $0.12 per share, with a yield of 0.3%, set to be paid on November 25th to stockholders of record as of November 7th.

Inspire Investing LLC grew its stake in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 163.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,375 shares of the company's stock after buying an additional 9,543 shares during the quarter. Inspire Investing LLC's holdings in Howmet Aerospace were worth $2,862,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Aberdeen Group plc grew its stake in shares of Howmet Aerospace by 3.8% during the second quarter. Aberdeen Group plc now owns 342,652 shares of the company's stock valued at $63,848,000 after buying an additional 12,577 shares during the last quarter. Strengthening Families & Communities LLC grew its stake in shares of Howmet Aerospace by 9.1% during the second quarter. Strengthening Families & Communities LLC now owns 2,862 shares of the company's stock valued at $533,000 after buying an additional 238 shares during the last quarter. PDS Planning Inc bought a new position in shares of Howmet Aerospace during the second quarter valued at about $292,000. Callan Family Office LLC bought a new position in shares of Howmet Aerospace during the second quarter valued at about $1,071,000. Finally, Blair William & Co. IL grew its stake in shares of Howmet Aerospace by 0.5% during the second quarter. Blair William & Co. IL now owns 77,454 shares of the company's stock valued at $14,416,000 after buying an additional 349 shares during the last quarter. 90.46% of the stock is owned by institutional investors.

Analyst Ratings Changes

HWM has been the topic of several recent analyst reports. BTIG Research set a $205.00 target price on Howmet Aerospace and gave the stock a "buy" rating in a research note on Monday, August 4th. Bank of America raised their target price on Howmet Aerospace from $185.00 to $215.00 and gave the stock a "buy" rating in a research note on Tuesday, August 5th. Vertical Research reissued a "buy" rating on shares of Howmet Aerospace in a research note on Thursday, July 31st. Weiss Ratings reissued a "buy (b)" rating on shares of Howmet Aerospace in a research note on Wednesday. Finally, Royal Bank Of Canada reissued an "outperform" rating on shares of Howmet Aerospace in a research note on Monday, June 30th. Fourteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Howmet Aerospace presently has an average rating of "Moderate Buy" and a consensus target price of $176.21.

Howmet Aerospace Stock Performance

Howmet Aerospace stock opened at $183.97 on Friday. The stock's 50 day simple moving average is $182.56 and its two-hundred day simple moving average is $167.65. 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 $74.16 billion, a price-to-earnings ratio of 53.79, a PEG ratio of 2.44 and a beta of 1.45. Howmet Aerospace Inc. has a fifty-two week low of $98.83 and a fifty-two week high of $198.48.

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 Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 25th. Stockholders of record on Friday, November 7th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Friday, November 7th. Howmet Aerospace's dividend payout ratio (DPR) is presently 14.04%.

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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