Howmet Aerospace Inc. $HWM Shares Sold by Inspire Investing LLC

Key Points

• Inspire Investing LLC reduced its holdings in Howmet Aerospace by 22.3%, owning a total of 5,832 shares valued at $757,000.
• Several other hedge funds increased their stakes in Howmet Aerospace, with Wealth Enhancement Advisory Services LLC raising its stake by 233.5% to hold 140,883 shares.
• Howmet Aerospace reported quarterly earnings of $0.91 EPS, exceeding analyst estimates, and recently increased its quarterly dividend to $0.12 per share.

Inspire Investing LLC lowered its stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 22.3% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 5,832 shares of the company's stock after selling 1,672 shares during the quarter. Inspire Investing LLC's holdings in Howmet Aerospace were worth $757,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Pinpoint Asset Management Ltd increased its stake in shares of 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 buying an additional 71 shares during the period. Hemington Wealth Management increased its stake in shares of 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 buying an additional 81 shares during the period. GPS Wealth Strategies Group LLC increased its stake 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 valued at $34,000 after buying an additional 141 shares during the period. Rise Advisors LLC increased its stake in shares of 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 buying an additional 66 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC grew 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 worth $36,000 after purchasing an additional 140 shares during the period. Institutional investors own 90.46% of the company's stock.

Analyst Ratings Changes

HWM has been the topic of several recent research reports. Zacks Research raised Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 25th. Barclays reaffirmed an "overweight" rating and issued a $190.00 price target (up from $140.00) on shares of Howmet Aerospace in a research note on Monday, August 4th. 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. Susquehanna upped their price target on Howmet Aerospace from $170.00 to $210.00 and gave the stock a "positive" rating in a research note on Monday, July 14th. Finally, Wall Street Zen raised 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 assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $172.13.

Howmet Aerospace Trading Up 2.3%

Shares of HWM stock traded up $4.36 on Thursday, reaching $189.75. 680,552 shares of the company's stock were exchanged, compared to its average volume of 2,932,420. Howmet Aerospace Inc. has a 52 week low of $95.46 and a 52 week high of $193.26. The company has a current ratio of 2.31, a quick ratio of 1.08 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $76.49 billion, a PE ratio of 55.40, a P/E/G ratio of 2.43 and a beta of 1.45. The company's fifty day simple moving average is $180.73 and its 200 day simple moving average is $160.31.

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 (EPS) for the quarter, topping analysts' consensus estimates of $0.87 by $0.04. The firm 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 quarterly revenue was up 9.2% compared to the same quarter last year. During the same period last year, the company earned $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 forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 25th. Shareholders 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 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. Howmet Aerospace's payout ratio is presently 14.04%.

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.