2,471 Shares in Howmet Aerospace Inc. $HWM Bought by Heartland Bank & Trust Co

Heartland Bank & Trust Co acquired a new position in shares of Howmet Aerospace Inc. (NYSE:HWM) in the second quarter, Holdings Channel.com reports. The firm acquired 2,471 shares of the company’s stock, valued at approximately $664,000.

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

Howmet Aerospace Price Performance

HWM stock opened at $271.58 on Friday. Howmet Aerospace Inc. has a 1 year low of $170.24 and a 1 year high of $310.00. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 0.87. The firm has a market capitalization of $108.66 billion, a PE ratio of 58.53, a price-to-earnings-growth ratio of 1.96 and a beta of 1.20. The business has a 50 day simple moving average of $278.62 and a 200-day simple moving average of $258.62.

Howmet Aerospace (NYSE:HWM) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. The firm had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The firm’s revenue was up 24.1% compared to the same quarter last year. During the same quarter last year, the business posted $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. Equities research analysts anticipate that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, August 7th. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s dividend payout ratio is presently 12.07%.

Analyst Ratings Changes

Several equities research analysts have commented on the company. JPMorgan Chase & Co. boosted their price objective on Howmet Aerospace from $310.00 to $350.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $320.00 price target on shares of Howmet Aerospace in a research note on Friday, May 8th. Zacks Research upgraded Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 12th. Citigroup reaffirmed a “buy” rating on shares of Howmet Aerospace in a research note on Wednesday, August 12th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $335.00 target price on shares of Howmet Aerospace in a report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Howmet Aerospace currently 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.