KG&L Capital Management LLC Invests $261,000 in Howmet Aerospace Inc. $HWM

Key Points

• KG&L Capital Management LLC invested approximately $261,000 in Howmet Aerospace Inc., acquiring 1,401 shares in the second quarter.
• Howmet Aerospace recently reported earnings of $0.91 per share, exceeding analyst expectations, with revenue of $2.05 billion, a 9.2% year-over-year increase.
• The company announced a dividend increase from $0.10 to $0.12 per share, signaling strong financial performance with a 14.04% dividend payout ratio.

KG&L Capital Management LLC acquired a new stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,401 shares of the company's stock, valued at approximately $261,000.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC increased its stake in Howmet Aerospace by 5.4% during the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company's stock valued at $279,000 after purchasing an additional 130 shares in the last quarter. Two Sigma Advisers LP increased its position in shares of Howmet Aerospace by 15.9% in the 4th quarter. Two Sigma Advisers LP now owns 8,000 shares of the company's stock valued at $875,000 after acquiring an additional 1,100 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in shares of Howmet Aerospace by 38.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 42,241 shares of the company's stock valued at $4,620,000 after acquiring an additional 11,622 shares during the period. Wellington Management Group LLP raised its stake in Howmet Aerospace by 236.6% in the 4th quarter. Wellington Management Group LLP now owns 9,816 shares of the company's stock worth $1,074,000 after acquiring an additional 6,900 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its position in Howmet Aerospace by 4.9% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,971 shares of the company's stock worth $256,000 after acquiring an additional 92 shares during the period. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Price Performance

NYSE:HWM opened at $193.55 on Monday. The company has a 50 day moving average price of $181.73 and a 200-day moving average price of $164.00. Howmet Aerospace Inc. has a 1-year low of $97.86 and a 1-year high of $194.89. The firm has a market cap of $78.03 billion, a price-to-earnings ratio of 56.59, a price-to-earnings-growth ratio of 2.50 and a beta of 1.45. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.87 by $0.04. The company had revenue of $2.05 billion for 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 firm's revenue was up 9.2% on a year-over-year basis. During the same quarter last year, the business earned $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. Equities research analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 25th. Shareholders of record on Friday, August 8th were issued a $0.12 dividend. The ex-dividend date of this dividend was Friday, August 8th. This is an increase from Howmet Aerospace's previous quarterly dividend of $0.10. This represents a $0.48 annualized dividend and a yield of 0.2%. Howmet Aerospace's dividend payout ratio is 14.04%.

Analysts Set New Price Targets

HWM has been the topic of a number of research reports. JPMorgan Chase & Co. increased their price objective on Howmet Aerospace from $150.00 to $190.00 and gave the company an "overweight" rating in a report on Monday, August 4th. Vertical Research reiterated a "buy" rating on shares of Howmet Aerospace in a report on Thursday, July 31st. Truist Financial raised their price target on shares of Howmet Aerospace from $161.00 to $192.00 and gave the stock a "buy" rating in a research report on Thursday, June 12th. Susquehanna upped their price objective on shares of Howmet Aerospace from $170.00 to $210.00 and gave the company a "positive" rating in a report on Monday, July 14th. Finally, Wall Street Zen upgraded shares of 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 given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Howmet Aerospace currently has a consensus rating of "Moderate Buy" and a consensus target price of $172.13.

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.

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