Meeder Advisory Services Inc. Makes New Investment in Howmet Aerospace Inc. $HWM

Meeder Advisory Services Inc. bought a new position in Howmet Aerospace Inc. (NYSE:HWM) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 8,533 shares of the company’s stock, valued at approximately $2,294,000.

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC boosted its holdings in Howmet Aerospace by 5.4% in the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after buying an additional 130 shares during the period. Acadian Asset Management LLC bought a new position in shares of Howmet Aerospace in the first quarter worth $399,000. Sivia Capital Partners LLC bought a new position in shares of Howmet Aerospace in the second quarter worth $216,000. Brown Advisory Inc. boosted its holdings in shares of Howmet Aerospace by 31.0% in the second quarter. Brown Advisory Inc. now owns 4,180 shares of the company’s stock worth $778,000 after acquiring an additional 990 shares during the period. Finally, Cary Street Partners Financial LLC purchased a new position in shares of Howmet Aerospace in the second quarter valued at $145,000. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Wall Street Zen lowered Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 5th. Weiss Ratings downgraded Howmet Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, August 5th. JPMorgan Chase & Co. lifted their target price on Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Sanford C. Bernstein reiterated an “outperform” rating and set a $318.00 price target on shares of Howmet Aerospace in a research report on Tuesday, June 16th. Finally, UBS Group increased their price target 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. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $315.67.

Howmet Aerospace Trading Up 1.3%

Shares of HWM stock opened at $292.76 on Wednesday. The company has a market capitalization of $117.14 billion, a PE ratio of 63.10, a price-to-earnings-growth ratio of 2.07 and a beta of 1.20. Howmet Aerospace Inc. has a 52-week low of $169.45 and a 52-week high of $310.00. The business’s fifty day moving average is $277.61 and its 200 day moving average is $257.54. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82.

Howmet Aerospace (NYSE:HWM) last posted its earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping the consensus estimate of $1.24 by $0.09. The business had revenue of $2.55 billion during 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 was up 24.1% on a year-over-year basis. During the same period in the previous year, the business 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. On average, equities research analysts anticipate that Howmet Aerospace Inc. will post 5.33 EPS 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. Stockholders of record on Friday, August 7th will be given a dividend of $0.14 per share. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date is Friday, August 7th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s dividend payout ratio is 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.