Howmet Aerospace Inc. $HWM Shares Bought by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio raised its position in Howmet Aerospace Inc. (NYSE:HWM) by 25.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 164,696 shares of the company’s stock after purchasing an additional 33,885 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Howmet Aerospace were worth $30,655,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Pinpoint Asset Management Ltd boosted its holdings in Howmet Aerospace by 42.8% in the 1st quarter. Pinpoint Asset Management Ltd now owns 237 shares of the company’s stock valued at $31,000 after purchasing an additional 71 shares during the last quarter. Hemington Wealth Management raised its stake in shares of Howmet Aerospace by 46.6% in the 1st quarter. Hemington Wealth Management now owns 255 shares of the company’s stock valued at $33,000 after acquiring an additional 81 shares during the period. GPS Wealth Strategies Group LLC raised its stake in shares of Howmet Aerospace by 114.6% in the 1st quarter. GPS Wealth Strategies Group LLC now owns 264 shares of the company’s stock valued at $34,000 after acquiring an additional 141 shares during the period. Rise Advisors LLC raised its stake in shares of Howmet Aerospace by 32.4% in the 1st quarter. Rise Advisors LLC now owns 270 shares of the company’s stock valued at $35,000 after acquiring an additional 66 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Howmet Aerospace by 100.7% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 279 shares of the company’s stock valued at $36,000 after acquiring an additional 140 shares during the period. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Howmet Aerospace Price Performance

Shares of HWM opened at $190.29 on Thursday. Howmet Aerospace Inc. has a fifty-two week low of $97.86 and a fifty-two week high of $194.69. The firm’s 50 day moving average price is $181.66 and its 200 day moving average price is $162.53. The company has a market cap of $76.71 billion, a P/E ratio of 55.64, a PEG ratio of 2.51 and a beta of 1.45. The company has a quick ratio of 1.08, a current ratio of 2.31 and a debt-to-equity ratio of 0.65.

Howmet Aerospace (NYSE:HWM) last announced its 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. Howmet Aerospace had a net margin of 18.09% and a return on equity of 28.17%. The firm had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same period in the prior year, the firm earned $0.67 EPS. The firm’s revenue for the quarter was up 9.2% on a year-over-year basis. 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, research analysts forecast that Howmet Aerospace Inc. will post 3.27 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 25th. Shareholders of record on Friday, August 8th were given a $0.12 dividend. 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 a boost from Howmet Aerospace’s previous quarterly dividend of $0.10. Howmet Aerospace’s payout ratio is currently 14.04%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on HWM shares. Barclays reissued an “overweight” rating and issued a $190.00 price target (up from $140.00) on shares of Howmet Aerospace in a research note on Monday, August 4th. Wall Street Zen raised shares of Howmet Aerospace from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Zacks Research raised shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 25th. Royal Bank Of Canada reissued an “outperform” rating on shares of Howmet Aerospace in a research note on Monday, June 30th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Howmet Aerospace from $150.00 to $190.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. One investment 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 company’s stock. Based on data from MarketBeat.com, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and an average target price of $172.13.

About Howmet Aerospace

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.