Kingsman Wealth Management Inc. Has $7.47 Million Stock Position in Howmet Aerospace Inc. $HWM

Key Points

• Kingsman Wealth Management Inc. increased its stake in Howmet Aerospace by 14.0% during the 2nd quarter, now holding 40,144 shares worth approximately $7.47 million, making it their 6th largest position.
• Howmet Aerospace recently received multiple rating upgrades from analysts, including a shift from a "hold" to a "buy" rating and a price target increase from $185.00 to $215.00 by Bank of America.
• The company reported $0.91 EPS for the last quarter, exceeding expectations, and announced a dividend increase from $0.10 to $0.12 per share.

Kingsman Wealth Management Inc. lifted its stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 14.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,144 shares of the company's stock after purchasing an additional 4,938 shares during the period. Howmet Aerospace accounts for approximately 4.7% of Kingsman Wealth Management Inc.'s holdings, making the stock its 6th largest position. Kingsman Wealth Management Inc.'s holdings in Howmet Aerospace were worth $7,472,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. increased its position in Howmet Aerospace by 4.3% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,491 shares of the company's stock worth $278,000 after buying an additional 61 shares in the last quarter. Rise Advisors LLC lifted its position in shares of Howmet Aerospace by 32.4% during the 1st quarter. Rise Advisors LLC now owns 270 shares of the company's stock valued at $35,000 after buying an additional 66 shares in the last quarter. Pinpoint Asset Management Ltd grew its stake in shares of Howmet Aerospace by 42.8% during the 1st quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company's stock valued at $31,000 after acquiring an additional 71 shares during the period. Golden State Equity Partners increased its holdings in Howmet Aerospace by 4.4% in the 2nd quarter. Golden State Equity Partners now owns 1,820 shares of the company's stock worth $339,000 after acquiring an additional 77 shares in the last quarter. Finally, Hemington Wealth Management raised its stake in 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 acquiring an additional 81 shares during the period. 90.46% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on HWM shares. Wall Street Zen upgraded shares of Howmet Aerospace from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Zacks Research raised shares of Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a report on Monday, August 25th. Vertical Research reiterated a "buy" rating on shares of Howmet Aerospace in a research note on Thursday, July 31st. Barclays restated an "overweight" rating and issued a $190.00 price objective (up from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. Finally, Bank of America increased their target price on Howmet Aerospace from $185.00 to $215.00 and gave the stock a "buy" rating in a research report on Tuesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Howmet Aerospace has a consensus rating of "Moderate Buy" and an average price target of $172.13.

Howmet Aerospace Stock Performance

Shares of NYSE:HWM opened at $189.65 on Friday. The firm has a fifty day simple moving average of $181.68 and a two-hundred day simple moving average of $162.99. Howmet Aerospace Inc. has a 52 week low of $97.86 and a 52 week high of $194.69. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $76.45 billion, a P/E ratio of 55.45, a PEG ratio of 2.46 and a beta of 1.45.

Howmet Aerospace (NYSE:HWM - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate 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 period in the prior year, the company earned $0.67 EPS. The business's revenue was up 9.2% compared to the same quarter last year. 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, analysts expect that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 25th. Stockholders of record on Friday, August 8th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Friday, August 8th. This is a positive change from Howmet Aerospace's previous quarterly dividend of $0.10. Howmet Aerospace's dividend payout ratio is 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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