Retireful LLC Purchases 4,107 Shares of Howmet Aerospace Inc. $HWM

Key Points

• Retireful LLC has increased its stake in Howmet Aerospace Inc. by 166.8%, now holding a total of 6,569 shares valued at $1,223,000 following the acquisition of 4,107 additional shares.
• Wall Street analysts have generally given Howmet Aerospace a positive outlook, with one assessment upgrading the stock to a "buy" and setting a price target of $210.00, reflecting strong investor confidence.
• The company reported a quarterly earnings per share of $0.91, exceeding analyst expectations, with a revenue of $2.05 billion that marks a 9.2% increase compared to the same period last year.

Retireful LLC raised its holdings in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 166.8% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 6,569 shares of the company's stock after acquiring an additional 4,107 shares during the quarter. Retireful LLC's holdings in Howmet Aerospace were worth $1,223,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Public Employees Retirement System of Ohio raised its stake in Howmet Aerospace by 25.9% during the second quarter. Public Employees Retirement System of Ohio now owns 164,696 shares of the company's stock worth $30,655,000 after buying an additional 33,885 shares during the last quarter. IMS Capital Management bought a new position in Howmet Aerospace in the second quarter worth approximately $273,000. Ballentine Partners LLC lifted its holdings in shares of Howmet Aerospace by 15.5% in the 2nd quarter. Ballentine Partners LLC now owns 5,639 shares of the company's stock worth $1,050,000 after purchasing an additional 758 shares in the last quarter. Fifth Third Bancorp lifted its stake in shares of Howmet Aerospace by 16.4% in the second quarter. Fifth Third Bancorp now owns 14,871 shares of the company's stock valued at $2,768,000 after buying an additional 2,094 shares in the last quarter. Finally, Counterpoint Mutual Funds LLC acquired a new position in Howmet Aerospace during the 2nd quarter valued at about $2,405,000. 90.46% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Wall Street Zen raised shares of 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. BTIG Research set a $205.00 price target on shares of Howmet Aerospace and gave the company a "buy" rating in a research report on Monday, August 4th. Royal Bank Of Canada reissued an "outperform" rating on shares of Howmet Aerospace in a report on Monday, June 30th. Finally, Morgan Stanley raised their price target on shares of Howmet Aerospace from $170.00 to $210.00 and gave the company an "overweight" rating in a report on Thursday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, Howmet Aerospace has a consensus rating of "Moderate Buy" and a consensus target price of $172.13.

Howmet Aerospace Price Performance

HWM stock opened at $193.55 on Wednesday. The company has a market cap of $78.03 billion, a P/E ratio of 56.59, a PEG ratio of 2.49 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. The firm has a 50-day moving average of $181.54 and a 200 day moving average of $162.33. Howmet Aerospace Inc. has a 1 year low of $97.86 and a 1 year high of $194.35.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.04. The company had revenue of $2.05 billion for 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% on a year-over-year basis. During the same period in the prior 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. On average, sell-side analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Increases Dividend

The firm also recently announced 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 was Friday, August 8th. This is a positive change from Howmet Aerospace's previous quarterly dividend of $0.10. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. Howmet Aerospace's dividend payout ratio (DPR) is 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.

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