MBB Public Markets I LLC Buys Shares of 2,391 Howmet Aerospace Inc. $HWM

Key Points

• MBB Public Markets I LLC has acquired 2,391 shares of Howmet Aerospace Inc., representing a stake valued at approximately $310,000.
• Howmet Aerospace recently reported quarterly earnings of $0.91 EPS, exceeding estimates, with a revenue of $2.05 billion and a year-over-year increase of 9.2%.
• The company has increased its quarterly dividend from $0.10 to $0.12 per share, reflecting a positive change in its payout strategy.

MBB Public Markets I LLC bought a new stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 2,391 shares of the company's stock, valued at approximately $310,000.

A number of other institutional investors and hedge funds have also made changes to their positions in HWM. JPMorgan Chase & Co. boosted its position in Howmet Aerospace by 21.1% during the 1st quarter. JPMorgan Chase & Co. now owns 24,450,547 shares of the company's stock valued at $3,171,970,000 after purchasing an additional 4,252,401 shares during the period. Nuveen LLC acquired a new position in shares of Howmet Aerospace during the first quarter valued at $366,209,000. GAMMA Investing LLC grew its position in Howmet Aerospace by 15,741.8% in the 1st quarter. GAMMA Investing LLC now owns 1,328,176 shares of the company's stock worth $1,723,040,000 after purchasing an additional 1,319,792 shares during the last quarter. Westfield Capital Management Co. LP acquired a new stake in Howmet Aerospace in the 1st quarter valued at approximately $147,251,000. Finally, Zurich Insurance Group Ltd FI acquired a new stake in Howmet Aerospace in the fourth quarter worth about $102,996,000. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Trading Up 1.0%

Howmet Aerospace stock traded up $1.79 during mid-day trading on Friday, hitting $186.00. The stock had a trading volume of 1,816,508 shares, compared to its average volume of 2,142,138. The stock has a 50-day simple moving average of $180.31 and a two-hundred day simple moving average of $159.21. 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 $74.98 billion, a PE ratio of 54.39, a P/E/G ratio of 2.38 and a beta of 1.45. Howmet Aerospace Inc. has a 12 month low of $92.77 and a 12 month high of $193.26.

Howmet Aerospace (NYSE:HWM - Get Free Report) last posted its quarterly earnings results 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 return on equity of 28.17% and a net margin of 18.09%.The business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $1.99 billion. During the same period last year, the company earned $0.67 EPS. The firm's revenue 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, sell-side analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 25th. Investors of record on Friday, August 8th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a 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 payout ratio is 14.04%.

Analyst Ratings Changes

HWM has been the subject of several research reports. Truist Financial raised their price objective on shares of Howmet Aerospace from $161.00 to $192.00 and gave the company a "buy" rating in a research report on Thursday, June 12th. Morgan Stanley boosted their target price on shares of Howmet Aerospace from $170.00 to $210.00 and gave the company an "overweight" rating in a research note on Thursday, July 17th. 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 research note on Monday, July 14th. Vertical Research reiterated a "buy" rating on shares of Howmet Aerospace in a report on Thursday, July 31st. Finally, Wall Street Zen raised shares of Howmet Aerospace from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target 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.