3,861 Shares in Howmet Aerospace Inc. $HWM Acquired by Simplicity Wealth LLC

Simplicity Wealth LLC acquired a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) in the 2nd quarter, HoldingsChannel reports. The fund acquired 3,861 shares of the company’s stock, valued at approximately $1,038,000.

Several other hedge funds also recently modified their holdings of HWM. West Paces Advisors Inc. bought a new stake in Howmet Aerospace in the second quarter valued at $27,000. Bartlett & CO. Wealth Management LLC raised its holdings in shares of Howmet Aerospace by 55.1% during the second quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock valued at $29,000 after purchasing an additional 38 shares during the period. Acumen Wealth Advisors LLC bought a new position in shares of Howmet Aerospace during the 4th quarter worth about $25,000. Newbridge Financial Services Group Inc. boosted its position 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 purchasing an additional 73 shares in the last quarter. Finally, Vermillion & White Wealth Management Group LLC grew its stake in shares of Howmet Aerospace by 65.1% in 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 during the period. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Up 0.1%

HWM stock opened at $289.33 on Monday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. The company has a market capitalization of $115.76 billion, a price-to-earnings ratio of 62.36, a PEG ratio of 2.07 and a beta of 1.20. Howmet Aerospace Inc. has a fifty-two week low of $169.45 and a fifty-two week high of $310.00. The stock has a fifty day moving average of $276.03 and a 200-day moving average of $256.44.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $2.43 billion. During the same period last year, the company earned $0.91 earnings per share. The business’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, equities research analysts predict that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Friday, August 7th will be issued a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, August 7th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.2%. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s payout ratio is 12.07%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Weiss Ratings downgraded Howmet Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 5th. Wells Fargo & Company reissued an “outperform” rating and issued a $315.00 price target on shares of Howmet Aerospace in a research report on Monday, August 10th. Citigroup reissued a “buy” rating on shares of Howmet Aerospace in a research report on Wednesday. TD Cowen upped 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. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $315.67.

Howmet Aerospace Company 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.