Fox Hill Wealth Management Buys New Shares in Howmet Aerospace Inc. $HWM

Fox Hill Wealth Management bought a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 15,165 shares of the company’s stock, valued at approximately $4,077,000. Howmet Aerospace accounts for 1.6% of Fox Hill Wealth Management’s holdings, making the stock its 18th biggest holding.

A number of other hedge funds have also recently added to or reduced their stakes in HWM. Brighton Jones LLC increased its stake in shares of Howmet Aerospace by 5.4% during the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock valued at $279,000 after acquiring an additional 130 shares during the last quarter. Acadian Asset Management LLC acquired a new stake in shares of Howmet Aerospace in the first quarter worth approximately $399,000. Sivia Capital Partners LLC acquired a new stake in shares of Howmet Aerospace in the second quarter worth approximately $216,000. Brown Advisory Inc. grew its holdings in 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 purchasing an additional 990 shares during the period. Finally, Cary Street Partners Financial LLC purchased a new stake in Howmet Aerospace in the second quarter valued at approximately $145,000. 90.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on HWM. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $320.00 price target on shares of Howmet Aerospace in a research note on Friday, May 8th. BTIG Research boosted their price objective on shares of Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Morgan Stanley restated an “overweight” rating and set a $335.00 price objective on shares of Howmet Aerospace in a report on Monday, August 10th. Susquehanna lifted their target price on Howmet Aerospace from $330.00 to $340.00 and gave the company a “positive” rating in a report on Friday, August 7th. Finally, UBS Group lifted their target price on Howmet Aerospace from $299.00 to $326.00 and gave the company a “neutral” rating in a report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Howmet Aerospace presently has an average rating of “Moderate Buy” and an average target price of $316.22.

Howmet Aerospace Stock Down 1.2%

Shares of Howmet Aerospace stock opened at $264.48 on Friday. The company has a fifty day moving average price of $277.41 and a 200 day moving average price of $260.48. 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 Inc. has a twelve month low of $170.81 and a twelve month high of $310.00. The stock has a market cap of $105.82 billion, a price-to-earnings ratio of 57.00, a price-to-earnings-growth ratio of 1.91 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. The company had revenue of $2.55 billion for 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 quarterly revenue was up 24.1% on a year-over-year basis. During the same quarter in the previous year, the firm 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. Equities research analysts forecast that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 25th. Investors of record on Friday, August 7th were issued a $0.14 dividend. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. This represents a $0.56 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Friday, August 7th. Howmet Aerospace’s dividend payout ratio (DPR) is currently 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.