Evolve Private Wealth LLC Purchases Shares of 15,027 Howmet Aerospace Inc. $HWM

Evolve Private Wealth LLC acquired a new position in Howmet Aerospace Inc. (NYSE:HWM) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 15,027 shares of the company’s stock, valued at approximately $4,040,000.

Several other large investors have also modified their holdings of HWM. Newbridge Financial Services Group Inc. lifted its position in Howmet Aerospace by 119.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after acquiring an additional 73 shares during the last quarter. Acumen Wealth Advisors LLC acquired a new stake in Howmet Aerospace during the fourth quarter worth about $25,000. West Paces Advisors Inc. bought a new position in Howmet Aerospace during the second quarter valued at about $27,000. Cornerstone Financial Management LLC acquired a new position in Howmet Aerospace in the 4th quarter valued at approximately $28,000. Finally, Vermillion & White Wealth Management Group LLC raised its holdings in Howmet Aerospace by 65.1% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after acquiring an additional 54 shares in the last quarter. 90.46% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

HWM has been the topic of several recent research reports. Wall Street Zen lowered Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 5th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $318.00 target price on shares of Howmet Aerospace in a research report on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $320.00 price target on shares of Howmet Aerospace in a research note on Friday, May 8th. Zacks Research raised shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 12th. Finally, Citigroup restated a “buy” rating on shares of Howmet Aerospace in a research note on Wednesday, August 12th. One investment 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 stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $315.67.

Howmet Aerospace Trading Down 0.8%

Shares of HWM opened at $271.58 on Friday. 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 stock has a market cap of $108.66 billion, a PE ratio of 58.53, a PEG ratio of 1.94 and a beta of 1.20. Howmet Aerospace Inc. has a 1 year low of $170.24 and a 1 year high of $310.00. The stock has a 50 day simple moving average of $278.62 and a 200-day simple moving average of $258.62.

Howmet Aerospace (NYSE:HWM) last released 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 during the quarter, compared to analyst estimates of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The business’s revenue for the quarter was up 24.1% compared to the same quarter last year. During the same period in the prior year, the company 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. On average, sell-side analysts predict that Howmet Aerospace Inc. will post 5.33 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Friday, August 7th. This represents a $0.56 annualized dividend and a yield of 0.2%. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s payout ratio is 12.07%.

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.