Illinois pension fund doubles stake in Howmet Aerospace, which reported strong earnings.

The Illinois Municipal Retirement Fund (IMRF) significantly increased its shares in Howmet Aerospace Inc. by 120.4%, now holding 53,047 shares valued at $6,882,000. Several executives have also sold shares recently. Howmet Aerospace, reporting strong first-quarter earnings of $0.86 per share, beat expectations and maintained revenue at $1.94 billion. The company's stock is valued at $74.71 billion with a P/E ratio of 60.28.