Private Advisory Group LLC purchased a new position in Howmet Aerospace Inc. (NYSE:HWM – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 25,188 shares of the company’s stock, valued at approximately $6,772,000.
A number of other large investors also recently modified their holdings of the business. Newbridge Financial Services Group Inc. grew its position in Howmet Aerospace by 119.7% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after buying an additional 73 shares in the last quarter. Acumen Wealth Advisors LLC bought a new stake in shares of Howmet Aerospace during the 4th quarter worth about $25,000. West Paces Advisors Inc. bought a new stake in shares of Howmet Aerospace during the 2nd quarter worth about $27,000. Cornerstone Financial Management LLC bought a new stake in shares of Howmet Aerospace during the 4th quarter worth about $28,000. Finally, Vermillion & White Wealth Management Group LLC lifted its stake in shares of Howmet Aerospace by 65.1% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after acquiring an additional 54 shares during the period. 90.46% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research firms have recently issued reports on HWM. Wells Fargo & Company reiterated an “outperform” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a report on Monday, August 10th. BNP Paribas Exane reissued an “outperform” rating and set a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a report on Friday, May 8th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $320.00 target price on shares of Howmet Aerospace in a research report on Friday, May 8th. Citigroup reaffirmed a “buy” rating on shares of Howmet Aerospace in a research note on Wednesday. Finally, BTIG Research lifted their price target on Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a research report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $315.67.
Howmet Aerospace Stock Performance
NYSE:HWM opened at $289.33 on Friday. The company has a 50-day moving average of $276.03 and a 200-day moving average of $256.16. The firm has a market cap of $115.76 billion, a price-to-earnings ratio of 62.36, a price-to-earnings-growth ratio of 2.07 and a beta of 1.20. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71. Howmet Aerospace Inc. has a twelve month low of $169.45 and a twelve month high of $310.00.
Howmet Aerospace (NYSE:HWM – Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The business had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.43 billion. During the same period in the previous year, the firm earned $0.91 EPS. The business’s revenue for the quarter was up 24.1% on a year-over-year basis. Howmet Aerospace has set its Q3 2026 guidance at 1.340-1.360 EPS and its FY 2026 guidance at 5.230-5.310 EPS. Analysts forecast that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.
Howmet Aerospace Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th will be given a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 0.2%. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date is Friday, August 7th. Howmet Aerospace’s dividend payout ratio (DPR) is presently 12.07%.
Howmet Aerospace Company Profile
Howmet Aerospace Inc is an industrial technology company that designs, manufactures and repairs engineered metal products for the aerospace, transportation and industrial markets. Its product portfolio includes precision castings and forgings, engineered fasteners, seamless rolled rings, and complex components for turbine engines, airframes and industrial gas turbines. The company also provides aftermarket services such as component repair, overhaul and parts distribution to support the operating fleet of commercial and military customers.
Howmet serves a global customer base of original equipment manufacturers (OEMs) and aftermarket operators, with manufacturing, service and distribution facilities across North America, Europe and Asia.
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