Fox Hill Wealth Management Invests $4.08 Million in Howmet Aerospace Inc. $HWM

Fox Hill Wealth Management purchased a new stake in Howmet Aerospace Inc. (NYSE:HWM) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 15,165 shares of the company’s stock, valued at approximately $4,077,000. Howmet Aerospace makes up about 1.6% of Fox Hill Wealth Management’s investment portfolio, making the stock its 18th biggest holding.

Other institutional investors have also recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. lifted its position in shares of Howmet Aerospace by 119.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after acquiring an additional 73 shares during the period. Acumen Wealth Advisors LLC acquired a new stake in shares of Howmet Aerospace in the 4th quarter worth approximately $25,000. West Paces Advisors Inc. acquired a new stake in shares of Howmet Aerospace in the 2nd quarter worth approximately $27,000. Cornerstone Financial Management LLC purchased a new position in Howmet Aerospace in the 4th quarter valued at approximately $28,000. Finally, Vermillion & White Wealth Management Group LLC increased its stake 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 purchasing an additional 54 shares in the last quarter. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Trading Down 1.2%

Howmet Aerospace stock opened at $264.48 on Friday. The stock has a 50-day moving average price of $277.41 and a 200 day moving average price of $260.48. Howmet Aerospace Inc. has a 52 week low of $170.81 and a 52 week high of $310.00. The stock has a market cap of $105.82 billion, a PE ratio of 57.00, a P/E/G ratio of 1.91 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 (NYSE:HWM) last released its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 quarterly revenue was up 24.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.91 EPS. 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 fiscal year.

Howmet Aerospace Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th were paid a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, August 7th. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s dividend payout ratio is presently 12.07%.

Wall Street Analysts Forecast Growth

HWM has been the topic of a number of research analyst reports. BNP Paribas Exane reiterated an “outperform” rating and set a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th. TD Cowen raised their price target on Howmet Aerospace from $300.00 to $320.00 and gave the company a “buy” rating in a research report on Monday, July 13th. Jefferies Financial Group reaffirmed a “buy” rating and set a $370.00 price target on shares of Howmet Aerospace in a research note on Sunday, August 9th. Wells Fargo & Company reiterated an “outperform” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a research report on Monday, August 10th. Finally, Royal Bank Of Canada increased their price objective on shares of Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and an average target price of $316.22.

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.