Live Oak Investment Partners acquired a new stake in Howmet Aerospace Inc. (NYSE:HWM – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 5,809 shares of the company’s stock, valued at approximately $1,562,000.
Other institutional investors have also recently bought and sold shares of the company. West Paces Advisors Inc. acquired a new position in shares of Howmet Aerospace in the 2nd quarter valued at $27,000. Bartlett & CO. Wealth Management LLC grew its stake in shares of Howmet Aerospace by 55.1% during the second quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock worth $29,000 after purchasing an additional 38 shares during the period. Acumen Wealth Advisors LLC bought a new stake in Howmet Aerospace in the fourth quarter valued at about $25,000. Newbridge Financial Services Group Inc. increased its holdings in Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after purchasing an additional 73 shares during the last quarter. Finally, Vermillion & White Wealth Management Group LLC lifted its stake in Howmet Aerospace by 65.1% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after buying an additional 54 shares during the period. Institutional investors and hedge funds own 90.46% of the company’s stock.
Analyst Upgrades and Downgrades
HWM has been the topic of a number of recent analyst reports. Weiss Ratings cut Howmet Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, August 5th. BTIG Research upped their price target on Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Susquehanna increased their price target 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. Royal Bank Of Canada lifted their price objective on shares of Howmet Aerospace from $325.00 to $350.00 and gave the stock an “outperform” rating in a research note on Friday, August 7th. Finally, Wells Fargo & Company restated an “outperform” rating and set a $315.00 price objective on shares of Howmet Aerospace in a report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Howmet Aerospace has an average rating of “Moderate Buy” and an average price target of $315.67.
Howmet Aerospace Stock Down 3.1%
NYSE:HWM opened at $283.47 on Thursday. Howmet Aerospace Inc. has a 1 year low of $169.45 and a 1 year high of $310.00. The stock has a 50-day moving average price of $278.29 and a two-hundred day moving average price of $258.07. The stock has a market cap of $113.42 billion, a price-to-earnings ratio of 61.09, a PEG ratio of 2.09 and a beta of 1.20. The company has a current ratio of 1.82, a quick ratio of 0.87 and a debt-to-equity ratio of 0.71.
Howmet Aerospace (NYSE:HWM – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping 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 company had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. During the same quarter last year, the firm posted $0.91 earnings per share. Howmet Aerospace’s revenue 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. As a group, equities analysts expect that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.
Howmet Aerospace Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Friday, August 7th will be issued a dividend of $0.14 per share. This is an increase from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date is Friday, August 7th. This represents a $0.56 annualized dividend and a yield of 0.2%. Howmet Aerospace’s dividend payout ratio is 12.07%.
Howmet Aerospace 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.
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