Navellier & Associates Inc. Purchases 9,324 Shares of Howmet Aerospace Inc. $HWM

Navellier & Associates Inc. boosted its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 12.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,136 shares of the company’s stock after buying an additional 9,324 shares during the period. Howmet Aerospace comprises 1.7% of Navellier & Associates Inc.’s portfolio, making the stock its 12th largest holding. Navellier & Associates Inc.’s holdings in Howmet Aerospace were worth $22,083,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Hsbc Holdings PLC lifted its holdings in shares of Howmet Aerospace by 24.8% during the 2nd quarter. Hsbc Holdings PLC now owns 855,887 shares of the company’s stock worth $229,496,000 after acquiring an additional 170,052 shares during the period. Archer Investment Corp acquired a new position in Howmet Aerospace in the second quarter worth about $441,000. Fox Hill Wealth Management acquired a new position in Howmet Aerospace in the second quarter worth about $4,077,000. Kingsview Wealth Management LLC bought a new position in Howmet Aerospace during the second quarter worth about $721,000. Finally, Beacon Pointe Advisors LLC acquired a new stake in Howmet Aerospace during the second quarter valued at approximately $2,013,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Stock Down 1.2%

NYSE HWM opened at $264.48 on Friday. The firm has a market cap of $105.82 billion, a PE ratio of 57.00, a price-to-earnings-growth ratio of 1.91 and a beta of 1.20. Howmet Aerospace Inc. has a one year low of $170.81 and a one year high of $310.00. The stock’s 50 day simple moving average is $277.41 and its 200 day simple moving average is $260.48. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 0.87.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.09. The firm had revenue of $2.55 billion during the quarter, compared to the consensus estimate 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 quarter in the previous year, the company posted $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. As a group, sell-side 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 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 was Friday, August 7th. Howmet Aerospace’s dividend payout ratio (DPR) is presently 12.07%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on HWM shares. JPMorgan Chase & Co. increased their target price on Howmet Aerospace from $310.00 to $350.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. Royal Bank Of Canada upped their price target on Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. Zacks Research upgraded Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 12th. Wells Fargo & Company reissued an “outperform” rating and set a $315.00 price objective on shares of Howmet Aerospace in a report on Monday, August 10th. Finally, TD Cowen upped their target price on shares of Howmet Aerospace from $300.00 to $320.00 and gave the stock a “buy” rating in a report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $316.22.

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.