Tocqueville Asset Management L.P. Takes Position in Howmet Aerospace Inc. $HWM

Tocqueville Asset Management L.P. purchased a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 3,370 shares of the company’s stock, valued at approximately $906,000.

Several other institutional investors have also added to or reduced their stakes in the company. Bartlett & CO. Wealth Management LLC boosted its holdings in shares of Howmet Aerospace by 55.1% in the 2nd 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 in the last quarter. UMB Bank n.a. lifted its position in shares of Howmet Aerospace by 2.6% during the 4th quarter. UMB Bank n.a. now owns 1,620 shares of the company’s stock worth $332,000 after buying an additional 41 shares during the last quarter. Tudor Financial Inc. lifted its position in shares of Howmet Aerospace by 2.6% during the 4th quarter. Tudor Financial Inc. now owns 1,650 shares of the company’s stock worth $338,000 after buying an additional 42 shares during the last quarter. Physician Wealth Advisors Inc. boosted its stake in Howmet Aerospace by 2.5% in the first quarter. Physician Wealth Advisors Inc. now owns 1,730 shares of the company’s stock valued at $399,000 after buying an additional 42 shares in the last quarter. Finally, Roman Butler Fullerton & Co. grew its position in Howmet Aerospace by 0.4% in the first quarter. Roman Butler Fullerton & Co. now owns 10,537 shares of the company’s stock valued at $2,634,000 after acquiring an additional 42 shares during the last quarter. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Jefferies Financial Group reissued a “buy” rating and issued a $370.00 target price on shares of Howmet Aerospace in a report on Sunday, August 9th. Wall Street Zen cut shares of Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 5th. Royal Bank Of Canada raised their target price on shares of Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. TD Cowen upped their price target 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, BTIG Research increased their price target on Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a research note on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $315.67.

Howmet Aerospace Stock Performance

NYSE:HWM opened at $273.39 on Friday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. Howmet Aerospace Inc. has a fifty-two week low of $170.24 and a fifty-two week high of $310.00. The company has a 50 day simple moving average of $278.47 and a two-hundred day simple moving average of $258.53. The company has a market capitalization of $109.39 billion, a PE ratio of 58.92, a P/E/G ratio of 2.03 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) 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 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 company earned $0.91 EPS. The company’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. Research analysts anticipate that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

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

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.