4,196 Shares in Howmet Aerospace Inc. $HWM Acquired by Perigon Wealth Management LLC

Perigon Wealth Management LLC bought a new position in Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 4,196 shares of the company’s stock, valued at approximately $1,128,000.

Several other large investors have also recently bought and sold shares of the company. Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in shares of Howmet Aerospace by 8.2% in the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 475,814 shares of the company’s stock worth $96,916,000 after buying an additional 36,195 shares during the last quarter. MUFG Securities EMEA plc lifted its holdings in shares of Howmet Aerospace by 752.6% during the 4th quarter. MUFG Securities EMEA plc now owns 65,783 shares of the company’s stock worth $13,487,000 after acquiring an additional 58,067 shares during the last quarter. M&T Bank Corp lifted its holdings in shares of Howmet Aerospace by 75.0% during the 4th quarter. M&T Bank Corp now owns 42,975 shares of the company’s stock worth $8,810,000 after acquiring an additional 18,417 shares during the last quarter. Sequoia Financial Advisors LLC grew its position in 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 acquiring an additional 5,181 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in 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 acquiring an additional 28,217 shares in the last quarter. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Price Performance

Shares of NYSE:HWM opened at $292.76 on Wednesday. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71. The stock has a market cap of $117.14 billion, a PE ratio of 63.10, a PEG ratio of 2.07 and a beta of 1.20. The company’s fifty day moving average is $277.61 and its 200 day moving average is $257.54. Howmet Aerospace Inc. has a 52 week low of $169.45 and a 52 week high of $310.00.

Howmet Aerospace (NYSE:HWM) last posted its quarterly 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 net margin of 20.52% and a return on equity of 33.91%. The business had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.43 billion. During the same period in the prior year, the business posted $0.91 earnings per share. The company’s revenue 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 business also recently announced 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 is Friday, August 7th. This represents a $0.56 annualized dividend and a yield of 0.2%. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s dividend payout ratio (DPR) is currently 12.07%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on HWM shares. Wall Street Zen downgraded Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 5th. JPMorgan Chase & Co. upped their price objective on Howmet Aerospace from $310.00 to $350.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. UBS Group increased their price objective on Howmet Aerospace from $299.00 to $326.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. TD Cowen boosted their target price on Howmet Aerospace from $300.00 to $320.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. Finally, Sanford C. Bernstein restated an “outperform” rating and issued a $318.00 target price on shares of Howmet Aerospace in a research report on Tuesday, June 16th. 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 stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target 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.