Vise Technologies Inc. Purchases New Shares in Howmet Aerospace Inc. $HWM

Vise Technologies Inc. acquired a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 25,030 shares of the company’s stock, valued at approximately $6,730,000.

A number of other hedge funds have also added to or reduced their stakes in HWM. Brighton Jones LLC lifted its position in shares of Howmet Aerospace by 5.4% in the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after purchasing an additional 130 shares during the period. Acadian Asset Management LLC bought a new stake in shares of Howmet Aerospace during the 1st quarter valued at about $399,000. Sivia Capital Partners LLC bought a new stake in shares of Howmet Aerospace during the 2nd quarter valued at about $216,000. Brown Advisory Inc. increased its position in shares of Howmet Aerospace by 31.0% during the second quarter. Brown Advisory Inc. now owns 4,180 shares of the company’s stock valued at $778,000 after buying an additional 990 shares during the period. Finally, Cary Street Partners Financial LLC purchased a new position in shares of Howmet Aerospace during the second quarter valued at about $145,000. 90.46% of the stock is owned by hedge funds and other institutional investors.

Howmet Aerospace Trading Down 3.6%

NYSE:HWM opened at $273.39 on Friday. Howmet Aerospace Inc. has a one year low of $170.24 and a one year high of $310.00. The company’s 50-day simple moving average is $278.47 and its 200 day simple moving average is $258.53. The firm has a market capitalization of $109.39 billion, a P/E ratio of 58.92, a PEG ratio of 2.03 and a beta of 1.20. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 0.87.

Howmet Aerospace (NYSE:HWM) last released 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 net margin of 20.52% and a return on equity of 33.91%. 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 business earned $0.91 earnings per share. The business’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. As a group, analysts forecast that Howmet Aerospace Inc. will post 5.33 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders 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 is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. This represents a $0.56 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio (DPR) is presently 12.07%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on HWM. Zacks Research raised shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 12th. Royal Bank Of Canada lifted their price objective on Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. Morgan Stanley reiterated an “overweight” rating and set a $335.00 target price on shares of Howmet Aerospace in a report on Monday, August 10th. Susquehanna increased their target price on Howmet Aerospace from $330.00 to $340.00 and gave the stock a “positive” rating in a research report on Friday, August 7th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $320.00 target price on shares of Howmet Aerospace in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Howmet Aerospace presently 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.