Strive Financial Group LLC Purchases 2,064 Shares of Howmet Aerospace Inc. $HWM

Strive Financial Group LLC lifted its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 465.9% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,507 shares of the company’s stock after purchasing an additional 2,064 shares during the period. Strive Financial Group LLC’s holdings in Howmet Aerospace were worth $674,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in HWM. Newbridge Financial Services Group Inc. boosted its stake 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 worth $25,000 after acquiring an additional 73 shares during the last quarter. Acumen Wealth Advisors LLC bought a new stake in Howmet Aerospace during the fourth quarter valued at about $25,000. West Paces Advisors Inc. bought a new stake in Howmet Aerospace during the second quarter valued at about $27,000. Cornerstone Financial Management LLC bought a new position in shares of Howmet Aerospace in the fourth quarter worth about $28,000. Finally, Vermillion & White Wealth Management Group LLC lifted its position in shares of Howmet Aerospace by 65.1% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after buying an additional 54 shares in the last quarter. 90.46% of the stock is currently owned by institutional investors.

Howmet Aerospace Trading Down 0.3%

Shares of HWM opened at $259.61 on Friday. 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 Inc. has a 1 year low of $173.38 and a 1 year high of $310.00. The company has a 50 day simple moving average of $275.44 and a two-hundred day simple moving average of $261.15. The firm has a market cap of $103.87 billion, a P/E ratio of 55.95, a price-to-earnings-growth ratio of 2.35 and a beta of 1.19.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping the consensus estimate of $1.24 by $0.09. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The firm had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.43 billion. During the same quarter in the previous year, the firm earned $0.91 earnings per share. The company’s quarterly revenue was up 24.1% compared to the same quarter last year. 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, equities analysts expect that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently declared 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 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%.

Analysts Set New Price Targets

Several research firms recently issued reports on HWM. BTIG Research increased their target price on shares of Howmet Aerospace from $300.00 to $340.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Weiss Ratings raised shares of Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, August 19th. Jefferies Financial Group restated a “buy” rating and set a $370.00 price objective on shares of Howmet Aerospace in a research report on Sunday, August 9th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $320.00 target price on shares of Howmet Aerospace in a research note on Friday, May 8th. Finally, Wall Street Zen downgraded shares of Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 5th. One 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.com, Howmet Aerospace presently has a consensus 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.