2,862 Shares in Howmet Aerospace Inc. $HWM Purchased by Wealthspan Partners LLC

Wealthspan Partners LLC purchased a new stake in Howmet Aerospace Inc. (NYSE:HWM) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,862 shares of the company’s stock, valued at approximately $769,000.

Other hedge funds have also recently bought and sold shares of the company. West Paces Advisors Inc. acquired a new position in shares of Howmet Aerospace in the 2nd quarter valued at approximately $27,000. Bartlett & CO. Wealth Management LLC grew its position in shares of Howmet Aerospace by 55.1% during the second quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock worth $29,000 after buying an additional 38 shares in the last quarter. Acumen Wealth Advisors LLC acquired a new stake in shares of Howmet Aerospace during the fourth quarter worth approximately $25,000. Newbridge Financial Services Group Inc. grew its position in shares of Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after buying an additional 73 shares in the last quarter. Finally, Vermillion & White Wealth Management Group LLC increased its stake in shares of Howmet Aerospace by 65.1% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after buying an additional 54 shares during the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Price Performance

Shares of NYSE HWM opened at $289.33 on Monday. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71. The company has a market capitalization 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. Howmet Aerospace Inc. has a twelve month low of $169.45 and a twelve month high of $310.00. The business has a 50 day simple moving average of $276.03 and a 200-day simple moving average of $256.44.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.09. The firm had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The firm’s revenue for the quarter was up 24.1% on a year-over-year basis. During the same period last year, the business posted $0.91 earnings per share. 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. As a group, equities research analysts expect that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.2%. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Friday, August 7th. Howmet Aerospace’s dividend payout ratio is currently 12.07%.

Analyst Ratings Changes

Several research firms recently issued reports on HWM. TD Cowen upped their price target on shares of Howmet Aerospace from $300.00 to $320.00 and gave the company a “buy” rating in a report on Monday, July 13th. UBS Group raised their price objective on shares of Howmet Aerospace from $299.00 to $326.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Weiss Ratings downgraded shares of Howmet Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, August 5th. BNP Paribas Exane restated an “outperform” rating and issued a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a research note on Friday, May 8th. Finally, Susquehanna increased their price target on shares of Howmet Aerospace from $330.00 to $340.00 and gave the stock a “positive” rating in a research report on Friday, August 7th. 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 company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $315.67.

About Howmet Aerospace

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.