Night Owl Capital Management LLC Boosts Stock Position in Howmet Aerospace Inc. $HWM

Key Points

• Night Owl Capital Management LLC increased its holdings in Howmet Aerospace Inc. by 4.5% during Q1, purchasing an additional 3,355 shares, bringing its total to 77,366 shares worth approximately $10 million.
• Multiple institutional investors, including Pinpoint Asset Management and Hemington Wealth Management, significantly raised their stakes in Howmet Aerospace during the first quarter, indicating strong interest in the stock.
• Analysts have reacted positively, with several brokerages raising their price targets for Howmet Aerospace, leading to a consensus rating of “Moderate Buy” and an average target price of $172.13.

Night Owl Capital Management LLC boosted its position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 4.5% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 77,366 shares of the company's stock after acquiring an additional 3,355 shares during the period. Howmet Aerospace accounts for approximately 1.3% of Night Owl Capital Management LLC's portfolio, making the stock its 21st largest holding. Night Owl Capital Management LLC's holdings in Howmet Aerospace were worth $10,037,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Pinpoint Asset Management Ltd increased its position in shares of Howmet Aerospace by 42.8% in the first quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company's stock worth $31,000 after purchasing an additional 71 shares during the last quarter. Hemington Wealth Management boosted its stake in shares of Howmet Aerospace by 46.6% during the first quarter. Hemington Wealth Management now owns 255 shares of the company's stock valued at $33,000 after purchasing an additional 81 shares during the period. GPS Wealth Strategies Group LLC boosted its stake in shares of Howmet Aerospace by 114.6% during the first quarter. GPS Wealth Strategies Group LLC now owns 264 shares of the company's stock valued at $34,000 after purchasing an additional 141 shares during the period. Annis Gardner Whiting Capital Advisors LLC boosted its stake in shares of Howmet Aerospace by 100.7% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company's stock valued at $36,000 after purchasing an additional 140 shares during the period. Finally, Wayfinding Financial LLC purchased a new stake in shares of Howmet Aerospace during the first quarter valued at approximately $37,000. 90.46% of the stock is currently owned by institutional investors.

Howmet Aerospace Price Performance

NYSE:HWM traded up $4.91 during trading hours on Wednesday, reaching $183.89. The stock had a trading volume of 960,871 shares, compared to its average volume of 2,959,724. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.08 and a current ratio of 2.31. Howmet Aerospace Inc. has a 52 week low of $91.03 and a 52 week high of $193.26. The company has a 50 day moving average price of $179.98 and a two-hundred day moving average price of $158.28. The stock has a market capitalization of $74.13 billion, a PE ratio of 53.78, a PEG ratio of 2.32 and a beta of 1.45.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 the consensus estimate of $1.99 billion. During the same quarter in the previous year, the company posted $0.67 EPS. The company'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. As a group, sell-side analysts anticipate that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 25th. Stockholders of record on Friday, August 8th were issued a $0.12 dividend. This is a positive change from Howmet Aerospace's previous quarterly dividend of $0.10. The ex-dividend date was Friday, August 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. Howmet Aerospace's dividend payout ratio (DPR) is presently 14.04%.

Analyst Ratings Changes

A number of brokerages recently commented on HWM. Wall Street Zen upgraded Howmet Aerospace from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Susquehanna raised their target price on Howmet Aerospace from $170.00 to $210.00 and gave the stock a "positive" rating in a research report on Monday, July 14th. Zacks Research raised Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 25th. Bank of America lifted their price objective on Howmet Aerospace from $185.00 to $215.00 and gave the company a "buy" rating in a research report on Tuesday, August 5th. Finally, Truist Financial lifted their price objective on Howmet Aerospace from $161.00 to $192.00 and gave the company a "buy" rating in a research report on Thursday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently 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.