Chicago Capital LLC Buys New Position in Howmet Aerospace Inc. $HWM

Chicago Capital LLC bought a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,181 shares of the company’s stock, valued at approximately $220,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. increased its stake in Howmet Aerospace by 4.3% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,491 shares of the company’s stock valued at $278,000 after purchasing an additional 61 shares during the last quarter. Rise Advisors LLC increased its stake in Howmet Aerospace by 32.4% in the first quarter. Rise Advisors LLC now owns 270 shares of the company’s stock valued at $35,000 after purchasing an additional 66 shares during the last quarter. Pinpoint Asset Management Ltd increased its stake in Howmet Aerospace by 42.8% in the first 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. Golden State Equity Partners increased its stake in Howmet Aerospace by 4.4% in the second quarter. Golden State Equity Partners now owns 1,820 shares of the company’s stock valued at $339,000 after purchasing an additional 77 shares during the last quarter. Finally, Hemington Wealth Management increased its stake in Howmet Aerospace by 46.6% in the first quarter. Hemington Wealth Management now owns 255 shares of the company’s stock valued at $33,000 after purchasing an additional 81 shares during the last quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HWM has been the topic of several recent analyst reports. Bank of America increased their price target on shares of Howmet Aerospace from $185.00 to $215.00 and gave the company a “buy” rating in a research note on Tuesday, August 5th. Zacks Research lowered Howmet Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. Vertical Research reaffirmed a “buy” rating on shares of Howmet Aerospace in a research report on Thursday, July 31st. Morgan Stanley lifted their price target on Howmet Aerospace from $170.00 to $210.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. Finally, JPMorgan Chase & Co. lifted their price target on Howmet Aerospace from $150.00 to $190.00 and gave the stock an “overweight” rating in a research report on Monday, August 4th. Fourteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $172.13.

Howmet Aerospace Trading Down 0.6%

Shares of HWM stock opened at $194.99 on Thursday. The business’s 50 day moving average is $182.25 and its two-hundred day moving average is $164.88. Howmet Aerospace Inc. has a twelve month low of $98.83 and a twelve month high of $198.48. The company has a market capitalization of $78.61 billion, a P/E ratio of 57.02, a price-to-earnings-growth ratio of 2.54 and a beta of 1.45. The company has a current ratio of 2.31, a quick ratio of 1.08 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, beating the consensus estimate of $0.87 by $0.04. Howmet Aerospace had a return on equity of 28.17% and a net margin of 18.09%.The company had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same period last year, the business posted $0.67 EPS. The company’s revenue 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. Equities analysts forecast that Howmet Aerospace Inc. will post 3.27 EPS for the current year.

Howmet Aerospace Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 25th. Shareholders of record on Friday, November 7th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, November 7th. Howmet Aerospace’s dividend payout ratio (DPR) is 14.04%.

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.