QRG Capital Management Inc. Purchases 8,128 Shares of Howmet Aerospace Inc. $HWM

Key Points

• QRG Capital Management Inc. has increased its stake in Howmet Aerospace by 82.7%, acquiring an additional 8,128 shares, bringing its total holdings to 17,953 shares valued at approximately $3.34 million.
• The company reported a 9.2% year-over-year revenue increase for the last quarter, totaling $2.05 billion, and earnings per share of $0.91, surpassing analysts’ expectations.
• Howmet Aerospace has set its Q3 2025 EPS guidance at 0.890-0.910 and announced a quarterly dividend of $0.12 per share, representing an annualized yield of 0.3%.

QRG Capital Management Inc. lifted its position in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 82.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,953 shares of the company's stock after purchasing an additional 8,128 shares during the quarter. QRG Capital Management Inc.'s holdings in Howmet Aerospace were worth $3,342,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the company. Harbour Investments Inc. increased its holdings in Howmet Aerospace by 10.1% in the 1st quarter. Harbour Investments Inc. now owns 1,114 shares of the company's stock valued at $145,000 after buying an additional 102 shares during the period. PFG Advisors boosted its position in shares of Howmet Aerospace by 37.9% during the 1st quarter. PFG Advisors now owns 9,593 shares of the company's stock valued at $1,245,000 after acquiring an additional 2,635 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in Howmet Aerospace by 233.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 140,883 shares of the company's stock valued at $18,277,000 after acquiring an additional 98,642 shares during the period. Park Avenue Securities LLC raised its position in Howmet Aerospace by 126.1% in the first quarter. Park Avenue Securities LLC now owns 24,207 shares of the company's stock worth $3,140,000 after purchasing an additional 13,500 shares in the last quarter. Finally, Private Trust Co. NA raised its position in Howmet Aerospace by 65.4% in the first quarter. Private Trust Co. NA now owns 673 shares of the company's stock worth $87,000 after purchasing an additional 266 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Price Performance

Shares of HWM stock opened at $190.56 on Tuesday. Howmet Aerospace Inc. has a 52 week low of $98.83 and a 52 week high of $198.48. The stock has a market capitalization of $76.82 billion, a PE 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 quick ratio of 1.08 and a current ratio of 2.31. The stock's fifty day moving average is $182.38 and its 200-day moving average is $166.62.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.87 by $0.04. The business had revenue of $2.05 billion during the quarter, compared to analysts' expectations of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The firm's revenue for the quarter was up 9.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.67 earnings per share. Howmet Aerospace has set its Q3 2025 guidance at 0.890-0.910 EPS. FY 2025 guidance at 3.560-3.640 EPS. Equities research analysts expect that Howmet Aerospace Inc. will post 3.27 EPS for the current fiscal year.

Howmet Aerospace Announces Dividend

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

Analysts Set New Price Targets

A number of equities research analysts have weighed in on HWM shares. 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 report on Tuesday, August 5th. Truist Financial boosted their price target on Howmet Aerospace from $161.00 to $192.00 and gave the company a "buy" rating in a research note on Thursday, June 12th. Vertical Research reiterated a "buy" rating on shares of Howmet Aerospace in a research note on Thursday, July 31st. Barclays reissued an "overweight" rating and set a $190.00 price objective (up from $140.00) on shares of Howmet Aerospace in a report on Monday, August 4th. Finally, Wall Street Zen raised shares of Howmet Aerospace from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $175.50.

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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