Howmet Aerospace Inc. $HWM Shares Sold by Braun Stacey Associates Inc.

Braun Stacey Associates Inc. cut its stake in Howmet Aerospace Inc. (NYSE:HWM) by 2.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 200,339 shares of the company’s stock after selling 5,932 shares during the period. Howmet Aerospace makes up about 1.5% of Braun Stacey Associates Inc.’s holdings, making the stock its 16th largest holding. Braun Stacey Associates Inc.’s holdings in Howmet Aerospace were worth $53,863,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of HWM. BlackRock Inc. purchased a new stake in shares of Howmet Aerospace in the 2nd quarter valued at approximately $12,318,939,000. Bank of America Corp DE acquired a new stake in shares of Howmet Aerospace in the second quarter valued at $2,766,806,000. Norges Bank acquired a new position in Howmet Aerospace in the 4th quarter valued at about $1,793,698,000. Jupiter Topco LLC acquired a new position in shares of Howmet Aerospace in the second quarter valued at approximately $2,065,086,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Howmet Aerospace in the second quarter worth $1,099,765,000. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Wall Street Analysts Forecast Growth

HWM has been the topic of a number of recent research reports. Wells Fargo & Company restated an “outperform” rating and set a $315.00 target price on shares of Howmet Aerospace in a research note on Monday, August 10th. BNP Paribas Exane reiterated an “outperform” rating and set a $340.00 target price (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th. JPMorgan Chase & Co. lifted their target price on shares of Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a report on Monday, August 10th. TD Cowen upped their price objective on Howmet Aerospace from $300.00 to $320.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Finally, Sanford C. Bernstein upped their price objective on shares of Howmet Aerospace from $318.00 to $328.00 and gave the stock an “outperform” rating in a research report on Monday, August 24th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $316.22.

Howmet Aerospace Price Performance

HWM stock opened at $264.48 on Friday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. Howmet Aerospace Inc. has a 1 year low of $170.81 and a 1 year high of $310.00. The stock’s 50 day moving average price is $277.41 and its 200 day moving average price is $260.48. The firm has a market cap of $105.82 billion, a P/E ratio of 57.00, a PEG ratio of 1.91 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.33 EPS for the quarter, beating analysts’ consensus estimates of $1.24 by $0.09. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The business had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. During the same quarter last year, the company earned $0.91 earnings per share. The business’s revenue for the quarter was up 24.1% compared to the same quarter last year. 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, sell-side analysts expect 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 was paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 0.2%. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date was Friday, August 7th. Howmet Aerospace’s payout ratio is 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.