Quantitative Investment Management LLC Increases Holdings in Howmet Aerospace Inc. $HWM

Key Points

• Quantitative Investment Management LLC has increased its stake in Howmet Aerospace Inc. by 60.3%, owning a total of 14,797 shares valued at approximately $1.92 million.
• Howmet Aerospace reported a 9.2% increase in quarterly revenue year-over-year, achieving $2.05 billion, and also outperformed earnings expectations with $0.91 EPS against the consensus estimate of $0.87.
• The company has announced a quarterly dividend increase from $0.10 to $0.12 per share, reflecting a 0.3% annual yield, with the next payment scheduled for August 25th.

Quantitative Investment Management LLC raised its position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 60.3% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,797 shares of the company's stock after buying an additional 5,567 shares during the period. Quantitative Investment Management LLC's holdings in Howmet Aerospace were worth $1,919,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HWM. Brighton Jones LLC increased its stake in shares of Howmet Aerospace by 5.4% during the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company's stock worth $279,000 after purchasing an additional 130 shares during the last quarter. Integrated Wealth Concepts LLC increased its stake in shares of Howmet Aerospace by 36.3% during the 4th quarter. Integrated Wealth Concepts LLC now owns 3,688 shares of the company's stock worth $403,000 after purchasing an additional 983 shares during the last quarter. Voya Investment Management LLC increased its stake in shares of Howmet Aerospace by 18.0% during the 4th quarter. Voya Investment Management LLC now owns 225,652 shares of the company's stock worth $24,680,000 after purchasing an additional 34,488 shares during the last quarter. Prosperity Consulting Group LLC increased its stake in shares of Howmet Aerospace by 6.3% during the 4th quarter. Prosperity Consulting Group LLC now owns 5,405 shares of the company's stock worth $591,000 after purchasing an additional 321 shares during the last quarter. Finally, Optiver Holding B.V. increased its stake in shares of Howmet Aerospace by 143.6% during the 4th quarter. Optiver Holding B.V. now owns 743 shares of the company's stock worth $81,000 after purchasing an additional 438 shares during the last quarter. Hedge funds and other institutional investors own 90.46% of the company's stock.

Analyst Ratings Changes

HWM has been the subject of several research analyst reports. Vertical Research restated a "buy" rating on shares of Howmet Aerospace in a research note on Thursday, July 31st. Susquehanna raised their price target on shares of Howmet Aerospace from $170.00 to $210.00 and gave the stock a "positive" rating in a research note on Monday, July 14th. Truist Financial raised their price target on shares of Howmet Aerospace from $161.00 to $192.00 and gave the stock a "buy" rating in a research note on Thursday, June 12th. UBS Group lifted their price objective on shares of Howmet Aerospace from $120.00 to $155.00 and gave the company a "neutral" rating in a research note on Friday, May 2nd. Finally, Wall Street Zen upgraded shares of Howmet Aerospace from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $172.13.

Howmet Aerospace Price Performance

NYSE HWM traded up $0.46 during trading on Thursday, reaching $176.11. The company's stock had a trading volume of 2,313,274 shares, compared to its average volume of 3,020,610. The stock has a market capitalization of $70.99 billion, a PE ratio of 51.49, a P/E/G ratio of 2.28 and a beta of 1.48. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.31 and a quick ratio of 1.08. The firm has a fifty day moving average of $180.15 and a 200 day moving average of $155.37. Howmet Aerospace Inc. has a one year low of $90.71 and a one year high of $193.26.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.87 by $0.04. The company had revenue of $2.05 billion during the quarter, compared to analyst estimates of $1.99 billion. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.Howmet Aerospace's revenue was up 9.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $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. Analysts expect that Howmet Aerospace Inc. will post 3.27 EPS 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 issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, August 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. This is an increase from Howmet Aerospace's previous quarterly dividend of $0.10. Howmet Aerospace's payout ratio is presently 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.