75,000 Shares in Howmet Aerospace Inc. $HWM Acquired by Kids Capital Management L.P.

Key Points

• Kids Capital Management L.P. has acquired 75,000 shares of Howmet Aerospace, valued at approximately $9.73 million, making it the fund's fourth largest investment at 10.7% of its portfolio.
• Analysts have increased their price targets for Howmet Aerospace, with recent targets ranging from $190.00 to $210.00, reflecting an overall "Moderate Buy" rating consensus.
• Howmet Aerospace has announced a quarterly dividend increase from $0.10 to $0.12 per share, set to be paid on August 25th, with a yield of 0.3%.

Kids Capital Management L.P. purchased a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 75,000 shares of the company's stock, valued at approximately $9,730,000. Howmet Aerospace accounts for 10.7% of Kids Capital Management L.P.'s holdings, making the stock its 4th largest position.

Several other institutional investors have also added to or reduced their stakes in HWM. Brighton Jones LLC boosted its position in Howmet Aerospace by 5.4% during the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company's stock valued at $279,000 after buying an additional 130 shares during the period. Townsquare Capital LLC boosted its position in Howmet Aerospace by 6.7% during the fourth quarter. Townsquare Capital LLC now owns 3,108 shares of the company's stock valued at $340,000 after buying an additional 195 shares during the period. Mariner LLC boosted its position in Howmet Aerospace by 6.7% during the fourth quarter. Mariner LLC now owns 53,817 shares of the company's stock valued at $5,886,000 after buying an additional 3,361 shares during the period. CreativeOne Wealth LLC raised its stake in shares of Howmet Aerospace by 177.7% during the fourth quarter. CreativeOne Wealth LLC now owns 6,964 shares of the company's stock valued at $762,000 after acquiring an additional 4,456 shares during the last quarter. Finally, Guggenheim Capital LLC raised its stake in shares of Howmet Aerospace by 162.2% during the fourth quarter. Guggenheim Capital LLC now owns 14,639 shares of the company's stock valued at $1,601,000 after acquiring an additional 9,055 shares during the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Howmet Aerospace Stock Down 0.6%

Shares of NYSE HWM traded down $0.9750 on Tuesday, reaching $172.0750. 2,273,904 shares of the company's stock traded hands, compared to its average volume of 3,038,936. Howmet Aerospace Inc. has a 12 month low of $90.71 and a 12 month high of $193.26. The business's 50 day simple moving average is $179.83 and its two-hundred day simple moving average is $153.52. The company has a market cap of $69.37 billion, a price-to-earnings ratio of 50.31, a price-to-earnings-growth ratio of 2.22 and a beta of 1.48. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65.

Howmet Aerospace (NYSE:HWM - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.91 EPS for the quarter, beating analysts' consensus estimates of $0.87 by $0.04. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The firm had revenue of $2.05 billion for the quarter, compared to analysts' expectations of $1.99 billion. During the same quarter in the prior year, the company posted $0.67 earnings per share. The business's revenue for the quarter was up 9.2% on a year-over-year basis. 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, equities research analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, August 25th. Stockholders of record on Friday, August 8th will be issued a dividend of $0.12 per share. The ex-dividend date is 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 0.3%. Howmet Aerospace's dividend payout ratio is currently 14.04%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Wells Fargo & Company upped their price objective on shares of Howmet Aerospace from $118.00 to $145.00 and gave the company an "equal weight" rating in a research note on Friday, May 2nd. Bank of America increased their price target on shares of Howmet Aerospace from $185.00 to $215.00 and gave the stock a "buy" rating in a research note on Tuesday, August 5th. JPMorgan Chase & Co. increased their price target on shares of Howmet Aerospace from $150.00 to $190.00 and gave the stock an "overweight" rating in a research note on Monday, August 4th. Morgan Stanley increased their price target on shares of Howmet Aerospace from $170.00 to $210.00 and gave the stock an "overweight" rating in a research note on Thursday, July 17th. Finally, Barclays reissued 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. Fourteen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat, Howmet Aerospace has a consensus rating of "Moderate Buy" and a consensus target price of $172.13.

Howmet Aerospace 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.