Callan Family Office LLC Purchases New Stake in Howmet Aerospace Inc. $HWM

Callan Family Office LLC purchased a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) in the second quarter, Holdings Channel reports. The firm purchased 7,105 shares of the company’s stock, valued at approximately $1,910,000.

Several other institutional investors have also recently bought and sold shares of the business. Brighton Jones LLC increased its position in shares of Howmet Aerospace by 5.4% during the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after acquiring an additional 130 shares in the last quarter. Acadian Asset Management LLC bought a new position in Howmet Aerospace in the 1st quarter valued at about $399,000. Sivia Capital Partners LLC bought a new position in Howmet Aerospace in the 2nd quarter valued at about $216,000. Brown Advisory Inc. boosted its stake in Howmet Aerospace by 31.0% during the 2nd quarter. Brown Advisory Inc. now owns 4,180 shares of the company’s stock valued at $778,000 after purchasing an additional 990 shares during the last quarter. Finally, Cary Street Partners Financial LLC acquired a new position in Howmet Aerospace during the 2nd quarter valued at about $145,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Analysts Set New Price Targets

HWM has been the subject of several analyst reports. Morgan Stanley reissued an “overweight” rating and issued a $335.00 price objective on shares of Howmet Aerospace in a research note on Monday, August 10th. Susquehanna lifted their target price on Howmet Aerospace from $330.00 to $340.00 and gave the company a “positive” rating in a research report on Friday, August 7th. TD Cowen upped their price target on Howmet Aerospace from $300.00 to $320.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Sanford C. Bernstein reissued an “outperform” rating and issued a $318.00 price target on shares of Howmet Aerospace in a research report on Tuesday, June 16th. Finally, Citigroup reissued a “buy” rating on shares of Howmet Aerospace in a research report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $315.67.

Howmet Aerospace Trading Down 0.0%

Shares of HWM stock opened at $271.58 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 $108.66 billion, a price-to-earnings ratio of 58.53, a PEG ratio of 1.94 and a beta of 1.20. Howmet Aerospace Inc. has a 52-week low of $170.24 and a 52-week high of $310.00. The company has a 50-day simple moving average of $278.62 and a two-hundred day simple moving average of $258.98.

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

Howmet Aerospace Increases Dividend

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