OneDigital Investment Advisors LLC bought a new stake in Howmet Aerospace Inc. (NYSE:HWM – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 4,986 shares of the company’s stock, valued at approximately $1,340,000.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Universal Beteiligungs und Servicegesellschaft mbH grew its stake in shares of Howmet Aerospace by 8.2% during the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 475,814 shares of the company’s stock worth $96,916,000 after acquiring an additional 36,195 shares during the last quarter. MUFG Securities EMEA plc raised its position in shares of Howmet Aerospace by 752.6% in the 4th quarter. MUFG Securities EMEA plc now owns 65,783 shares of the company’s stock valued at $13,487,000 after purchasing an additional 58,067 shares during the last quarter. M&T Bank Corp boosted its stake in Howmet Aerospace by 75.0% in the 4th quarter. M&T Bank Corp now owns 42,975 shares of the company’s stock worth $8,810,000 after purchasing an additional 18,417 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in Howmet Aerospace by 57.5% in the 4th quarter. Sequoia Financial Advisors LLC now owns 14,190 shares of the company’s stock worth $2,909,000 after purchasing an additional 5,181 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in Howmet Aerospace by 9.8% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 315,508 shares of the company’s stock worth $64,685,000 after purchasing an additional 28,217 shares during the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the stock. Zacks Research raised shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 12th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $318.00 price target on shares of Howmet Aerospace in a research report on Tuesday, June 16th. BTIG Research increased their price objective on Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a report on Monday, August 10th. UBS Group raised their price objective on Howmet Aerospace from $299.00 to $326.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Finally, Wells Fargo & Company reaffirmed an “outperform” rating and set a $315.00 target price on shares of Howmet Aerospace in a report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $315.67.
Howmet Aerospace Trading Up 0.1%
Shares of Howmet Aerospace stock opened at $289.37 on Tuesday. The stock has a market cap of $115.78 billion, a PE ratio of 62.36, a price-to-earnings-growth ratio of 2.07 and a beta of 1.20. The firm has a fifty day moving average price of $276.89 and a 200 day moving average price of $256.96. Howmet Aerospace Inc. has a 1 year low of $169.45 and a 1 year high of $310.00. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 0.87.
Howmet Aerospace (NYSE:HWM – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, beating the consensus estimate of $1.24 by $0.09. The company had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The firm’s revenue was up 24.1% on a year-over-year basis. During the same period in the prior year, the company earned $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. Equities research analysts predict that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.
Howmet Aerospace Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Friday, August 7th will be issued a dividend of $0.14 per share. 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 of this dividend is Friday, August 7th. Howmet Aerospace’s dividend payout ratio is 12.07%.
Howmet Aerospace 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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