Diversify Advisory Services LLC Buys Shares of 6,867 Howmet Aerospace Inc. $HWM

Diversify Advisory Services LLC purchased a new position in Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 6,867 shares of the company’s stock, valued at approximately $1,977,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Gables Capital Management Inc. bought a new stake in shares of Howmet Aerospace in the second quarter valued at about $59,000. Wealthfront Advisers LLC bought a new position in shares of Howmet Aerospace during the second quarter worth about $24,618,000. M. Kulyk & Associates LLC bought a new position in shares of Howmet Aerospace during the second quarter worth about $291,000. Alpine Woods Capital Investors LLC acquired a new stake in Howmet Aerospace in the 2nd quarter valued at approximately $251,000. Finally, Meeder Advisory Services Inc. acquired a new position in Howmet Aerospace during the 2nd quarter worth approximately $2,294,000. Institutional investors own 90.46% of the company’s stock.

Analyst Ratings Changes

HWM has been the subject of several research reports. Wells Fargo & Company reaffirmed an “outperform” rating and set a $315.00 price target on shares of Howmet Aerospace in a research note on Monday, August 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $320.00 target price on shares of Howmet Aerospace in a report on Friday, May 8th. Susquehanna lifted their price target on shares of Howmet Aerospace from $330.00 to $340.00 and gave the company a “positive” rating in a research note on Friday, August 7th. Zacks Research raised shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 12th. Finally, BNP Paribas Exane restated an “outperform” rating and set a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a research note on Friday, May 8th. One 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 data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $315.67.

Howmet Aerospace Trading Up 1.3%

NYSE HWM opened at $292.76 on Wednesday. Howmet Aerospace Inc. has a 12 month low of $169.45 and a 12 month high of $310.00. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71. The stock has a 50 day moving average of $277.61 and a 200-day moving average of $257.54. The company 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.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share 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 business had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.43 billion. During the same period in the previous year, the company earned $0.91 earnings per share. 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. On average, equities 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 disclosed 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. The ex-dividend date is Friday, August 7th. This represents a $0.56 annualized dividend and a dividend 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 presently 12.07%.

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.