2,633 Shares in Howmet Aerospace Inc. $HWM Purchased by Maridea Wealth Management LLC

Maridea Wealth Management LLC acquired a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, Holdings Channel reports. The fund acquired 2,633 shares of the company’s stock, valued at approximately $708,000.

Several other institutional investors have also modified their holdings of the stock. West Paces Advisors Inc. bought a new position in shares of Howmet Aerospace during the 2nd quarter valued at approximately $27,000. Bartlett & CO. Wealth Management LLC lifted its position in Howmet Aerospace by 55.1% in the second quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock worth $29,000 after buying an additional 38 shares during the last quarter. Acumen Wealth Advisors LLC bought a new stake in Howmet Aerospace in the fourth quarter worth $25,000. Newbridge Financial Services Group Inc. boosted its stake 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 buying an additional 73 shares during the period. Finally, Vermillion & White Wealth Management Group LLC boosted its stake 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 buying an additional 54 shares during the period. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Stock Performance

HWM stock opened at $289.33 on Friday. Howmet Aerospace Inc. has a twelve month low of $169.45 and a twelve month high of $310.00. The firm has a market cap of $115.76 billion, a price-to-earnings ratio of 62.36, a PEG ratio of 2.07 and a beta of 1.20. The business’s fifty day simple moving average is $276.03 and its two-hundred day simple 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 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.09. The firm had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.43 billion. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The business’s revenue was up 24.1% on a year-over-year basis. During the same period in the previous year, the firm 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. Analysts predict that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The business also recently disclosed 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. 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 dividend payout ratio (DPR) is 12.07%.

Wall Street Analyst Weigh In

HWM has been the topic of several recent analyst reports. Citigroup reissued a “buy” rating on shares of Howmet Aerospace in a research note on Wednesday. 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. Wall Street Zen downgraded shares of Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 5th. JPMorgan Chase & Co. increased their price objective on shares of Howmet Aerospace from $310.00 to $350.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. Finally, Jefferies Financial Group restated a “buy” rating and set a $370.00 target price on shares of Howmet Aerospace in a research report on Sunday, August 9th. One 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, the stock currently has an average rating of “Moderate Buy” and an average price target of $315.67.

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.