Howmet Aerospace Inc. $HWM Shares Bought by Sunpointe LLC

Sunpointe LLC grew its holdings in Howmet Aerospace Inc. (NYSE:HWM) by 62.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,691 shares of the company’s stock after buying an additional 1,802 shares during the quarter. Sunpointe LLC’s holdings in Howmet Aerospace were worth $1,261,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. West Paces Advisors Inc. purchased a new position in shares of Howmet Aerospace during the 2nd quarter valued at approximately $27,000. Bartlett & CO. Wealth Management LLC increased its holdings in Howmet Aerospace by 55.1% in the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock worth $29,000 after acquiring an additional 38 shares in the last quarter. Acumen Wealth Advisors LLC purchased a new stake in Howmet Aerospace in the 4th quarter worth $25,000. Newbridge Financial Services Group Inc. raised its position in Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after acquiring an additional 73 shares during the period. Finally, Vermillion & White Wealth Management Group LLC raised its position in Howmet Aerospace by 65.1% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after acquiring an additional 54 shares during the period. 90.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

HWM has been the topic of several research analyst reports. Susquehanna lifted their target price on shares of Howmet Aerospace from $330.00 to $340.00 and gave the company a “positive” rating in a research report on Friday, August 7th. BNP Paribas Exane restated an “outperform” rating and set a $340.00 price target (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th. TD Cowen raised their price target on shares of Howmet Aerospace from $300.00 to $320.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Weiss Ratings cut Howmet Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $320.00 price objective 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 assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Howmet Aerospace presently has an average rating of “Moderate Buy” and an average price target of $315.67.

Howmet Aerospace Trading Up 2.3%

Shares of HWM opened at $289.33 on Friday. Howmet Aerospace Inc. has a 52-week low of $169.45 and a 52-week high of $310.00. The stock has a market cap of $115.76 billion, a PE ratio of 62.36, a price-to-earnings-growth ratio of 2.02 and a beta of 1.20. The firm’s fifty day moving average is $276.03 and its two-hundred day moving average is $256.16. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71.

Howmet Aerospace (NYSE:HWM) last issued its earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, beating analysts’ consensus estimates of $1.24 by $0.09. The business had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.43 billion. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The company’s quarterly revenue was up 24.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.91 earnings per share. 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 forecast that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a 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 payout ratio is currently 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.