Evolve Private Wealth LLC Takes Position in Howmet Aerospace Inc. $HWM

Evolve Private Wealth LLC bought a new position in Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, Holdings Channel reports. The firm bought 15,027 shares of the company’s stock, valued at approximately $4,040,000.

A number of other large investors have also bought and sold shares of HWM. Brighton Jones LLC raised its position in Howmet Aerospace by 5.4% in the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after purchasing an additional 130 shares during the last quarter. Acadian Asset Management LLC bought a new stake in shares of Howmet Aerospace during the first quarter worth $399,000. Sivia Capital Partners LLC bought a new stake in shares of Howmet Aerospace during the second quarter worth $216,000. Brown Advisory Inc. increased its stake 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 valued at $778,000 after buying an additional 990 shares in the last quarter. Finally, Cary Street Partners Financial LLC acquired a new stake in shares of Howmet Aerospace in the second quarter valued at $145,000. 90.46% of the stock is currently owned by institutional investors.

Howmet Aerospace Stock Down 0.8%

NYSE:HWM opened at $271.58 on Friday. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71. Howmet Aerospace Inc. has a 12-month low of $170.24 and a 12-month high of $310.00. The stock’s fifty day simple moving average is $278.62 and its 200-day simple moving average is $258.62. The firm has a market capitalization of $108.66 billion, a P/E ratio of 58.53, a P/E/G ratio of 1.94 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM) last posted its earnings results 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 company 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 company’s revenue for the quarter was up 24.1% compared to the same quarter last year. During the same period in the previous year, the company 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 expect that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

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

Analysts Set New Price Targets

Several research analysts recently issued reports on HWM shares. UBS Group upped their price target on shares of Howmet Aerospace from $299.00 to $326.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Citigroup reaffirmed a “buy” rating on shares of Howmet Aerospace in a research note on Wednesday, August 12th. Royal Bank Of Canada raised their price target on shares of Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a report on Friday, August 7th. Morgan Stanley reiterated an “overweight” rating and issued a $335.00 price objective on shares of Howmet Aerospace in a research report on Monday, August 10th. Finally, BTIG Research upped their price target on Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a research note 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 given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $315.67.

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.