IMS Capital Management Takes $273,000 Position in Howmet Aerospace Inc. $HWM

IMS Capital Management purchased a new stake in Howmet Aerospace Inc. (NYSE:HWM) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 1,468 shares of the company’s stock, valued at approximately $273,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Ballentine Partners LLC boosted its position in shares of Howmet Aerospace by 15.5% during 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 during the period. Fifth Third Bancorp boosted its position in shares of Howmet Aerospace by 16.4% during the 2nd quarter. Fifth Third Bancorp now owns 14,871 shares of the company’s stock worth $2,768,000 after purchasing an additional 2,094 shares during the period. Counterpoint Mutual Funds LLC purchased a new position in shares of Howmet Aerospace during the 2nd quarter worth approximately $2,405,000. Occidental Asset Management LLC boosted its position in shares of Howmet Aerospace by 4.7% during the 2nd quarter. Occidental Asset Management LLC now owns 2,799 shares of the company’s stock worth $521,000 after purchasing an additional 126 shares during the period. Finally, Gries Financial LLC purchased a new position in Howmet Aerospace in the 2nd quarter valued at approximately $237,000. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Performance

Shares of HWM stock opened at $190.29 on Thursday. The company has a market capitalization of $76.71 billion, a price-to-earnings ratio of 55.64, a PEG ratio of 2.51 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 company has a 50-day simple moving average of $181.66 and a 200 day simple moving average of $162.53. Howmet Aerospace Inc. has a 52 week low of $97.86 and a 52 week high of $194.69.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Thursday, July 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.87 by $0.04. The business had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $1.99 billion. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. Howmet Aerospace’s revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.67 EPS. 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 predict that Howmet Aerospace Inc. will post 3.27 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 25th. Shareholders of record on Friday, August 8th were paid 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 annualized dividend and a yield of 0.3%. Howmet Aerospace’s dividend payout ratio is presently 14.04%.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. 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 research report on Thursday, July 17th. Vertical Research reissued a “buy” rating on shares of Howmet Aerospace in a research report on Thursday, July 31st. Wall Street Zen raised shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Barclays reissued an “overweight” rating and issued a $190.00 price target (up previously from $140.00) on shares of Howmet Aerospace in a research report on Monday, August 4th. Finally, Zacks Research raised shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 25th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $172.13.

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.