Private Advisory Group LLC Purchases New Shares in Howmet Aerospace Inc. $HWM

Private Advisory Group LLC purchased a new position in Howmet Aerospace Inc. (NYSE:HWM) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 25,188 shares of the company’s stock, valued at approximately $6,772,000.

Other institutional investors have also recently bought and sold shares of the company. Universal Beteiligungs und Servicegesellschaft mbH grew its position in Howmet Aerospace by 8.2% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 475,814 shares of the company’s stock worth $96,916,000 after purchasing an additional 36,195 shares in the last quarter. M&T Bank Corp lifted its holdings in shares of Howmet Aerospace by 75.0% in the fourth quarter. M&T Bank Corp now owns 42,975 shares of the company’s stock valued at $8,810,000 after purchasing an additional 18,417 shares in the last quarter. MUFG Securities EMEA plc lifted its holdings in shares of Howmet Aerospace by 752.6% in the fourth quarter. MUFG Securities EMEA plc now owns 65,783 shares of the company’s stock valued at $13,487,000 after purchasing an additional 58,067 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of Howmet Aerospace by 57.5% in the fourth quarter. Sequoia Financial Advisors LLC now owns 14,190 shares of the company’s stock worth $2,909,000 after buying an additional 5,181 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Howmet Aerospace by 9.8% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 315,508 shares of the company’s stock worth $64,685,000 after buying an additional 28,217 shares during the period. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Trading Up 2.3%

Howmet Aerospace stock opened at $289.33 on Friday. The company’s fifty day simple moving average is $276.03 and its 200-day simple moving average is $256.16. 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 $169.45 and a 12 month high of $310.00. The stock has a market cap of $115.76 billion, a P/E ratio of 62.36, a P/E/G ratio of 2.07 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The business had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.43 billion. During the same period in the prior year, the business posted $0.91 earnings per share. Howmet Aerospace’s revenue for the quarter 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. As a group, sell-side analysts forecast that Howmet Aerospace Inc. will post 5.33 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on HWM. Jefferies Financial Group reiterated a “buy” rating and set a $370.00 price target on shares of Howmet Aerospace in a report on Sunday, August 9th. Royal Bank Of Canada raised their price objective on Howmet Aerospace from $325.00 to $350.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. Wall Street Zen cut Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 5th. TD Cowen upped their target price on Howmet Aerospace from $300.00 to $320.00 and gave the company a “buy” rating in a report on Monday, July 13th. Finally, Citigroup reiterated a “buy” rating on shares of Howmet Aerospace in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $315.67.

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.