MADDEN SECURITIES Corp Takes Position in Howmet Aerospace Inc. $HWM

Key Points

• MADDEN SECURITIES Corp has acquired a new position in Howmet Aerospace Inc., purchasing 7,000 shares valued at approximately $1.3 million in Q2.
• Institutional investors collectively own 90.46% of Howmet Aerospace, with notable stakes increased by Vanguard Group, JPMorgan Chase, and Invesco.
• Howmet Aerospace recently reported earnings per share (EPS) of $0.91 for Q2, exceeding the estimate of $0.87 and showing a 9.2% year-over-year revenue increase.

MADDEN SECURITIES Corp acquired a new position in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 7,000 shares of the company's stock, valued at approximately $1,303,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of HWM. Vanguard Group Inc. raised its stake in Howmet Aerospace by 1.5% in the first quarter. Vanguard Group Inc. now owns 47,813,262 shares of the company's stock valued at $6,202,814,000 after buying an additional 695,953 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Howmet Aerospace by 21.1% during the 1st quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company's stock worth $3,171,970,000 after acquiring an additional 4,252,401 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Howmet Aerospace by 8.3% in the 1st quarter. Invesco Ltd. now owns 7,315,238 shares of the company's stock valued at $949,006,000 after acquiring an additional 563,109 shares during the last quarter. Northern Trust Corp raised its position in shares of Howmet Aerospace by 1.3% during the 1st quarter. Northern Trust Corp now owns 3,722,871 shares of the company's stock worth $482,968,000 after acquiring an additional 45,963 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of Howmet Aerospace by 6.1% during the 1st quarter. Ameriprise Financial Inc. now owns 3,589,432 shares of the company's stock worth $465,666,000 after acquiring an additional 206,397 shares in the last quarter. Institutional investors and hedge funds own 90.46% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on HWM shares. Vertical Research reaffirmed a "buy" rating on shares of Howmet Aerospace in a report on Thursday, July 31st. Susquehanna boosted their price objective on shares of Howmet Aerospace from $170.00 to $210.00 and gave the stock a "positive" rating in a research report on Monday, July 14th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Howmet Aerospace in a research report on Saturday, September 27th. Wall Street Zen upgraded shares of Howmet Aerospace from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. 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 report on Monday, August 4th. Fourteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $175.50.

Howmet Aerospace Stock Performance

Shares of Howmet Aerospace stock opened at $190.56 on Tuesday. The firm's fifty day simple moving average is $182.38 and its 200-day simple moving average is $166.62. Howmet Aerospace Inc. has a 12 month low of $98.83 and a 12 month high of $198.48. The stock has a market capitalization of $76.82 billion, a price-to-earnings ratio of 55.72, a PEG ratio of 2.45 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 issued its quarterly earnings data on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping 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 company had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same period last year, the firm posted $0.67 EPS. Howmet Aerospace'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 analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, November 7th. This represents a $0.48 annualized dividend and a yield of 0.3%. Howmet Aerospace's dividend payout ratio is currently 14.04%.

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.

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