Wealthspan Partners LLC Makes New Investment in Howmet Aerospace Inc. $HWM

Wealthspan Partners LLC bought a new stake in Howmet Aerospace Inc. (NYSE:HWM) in the second quarter, HoldingsChannel.com reports. The fund bought 2,862 shares of the company’s stock, valued at approximately $769,000.

Other institutional investors also recently made changes to their positions in the company. Norges Bank acquired a new stake in shares of Howmet Aerospace during the 4th quarter worth approximately $1,793,698,000. Bank of New York Mellon Corp acquired a new position in Howmet Aerospace during the 2nd quarter valued at approximately $1,099,765,000. Price T Rowe Associates Inc. MD boosted its position in Howmet Aerospace by 27.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company’s stock valued at $3,409,936,000 after purchasing an additional 3,531,700 shares during the period. Auto Owners Insurance Co grew its stake in Howmet Aerospace by 20,402.0% during the 4th quarter. Auto Owners Insurance Co now owns 1,441,906 shares of the company’s stock worth $29,562,000 after buying an additional 1,434,873 shares during the last quarter. Finally, Amundi grew its stake in Howmet Aerospace by 73.1% during the 1st quarter. Amundi now owns 2,185,456 shares of the company’s stock worth $503,660,000 after buying an additional 923,061 shares during the last quarter. 90.46% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have issued reports on HWM. Zacks Research upgraded Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 12th. Weiss Ratings lowered shares of Howmet Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, August 5th. TD Cowen increased their price objective 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. Wells Fargo & Company reaffirmed an “outperform” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a report on Monday, August 10th. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $315.67.

Howmet Aerospace Stock Up 0.1%

HWM opened at $289.33 on Monday. Howmet Aerospace Inc. has a 12 month low of $169.45 and a 12 month high of $310.00. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 0.87. 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. The stock’s 50 day moving average price is $276.03 and its 200 day moving average price is $256.44.

Howmet Aerospace (NYSE:HWM) last announced its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.09. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.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 business earned $0.91 EPS. The firm’s revenue for the quarter was up 24.1% on a year-over-year basis. 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, research analysts predict that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Friday, August 7th will be paid a dividend of $0.14 per share. 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 dividend yield of 0.2%. The ex-dividend date is Friday, August 7th. Howmet Aerospace’s dividend payout ratio (DPR) is presently 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.