Navellier & Associates Inc. Has $22.08 Million Position in Howmet Aerospace Inc. $HWM

Navellier & Associates Inc. increased its stake in Howmet Aerospace Inc. (NYSE:HWM) by 12.8% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 82,136 shares of the company’s stock after acquiring an additional 9,324 shares during the period. Howmet Aerospace comprises 1.7% of Navellier & Associates Inc.’s investment portfolio, making the stock its 12th biggest position. Navellier & Associates Inc.’s holdings in Howmet Aerospace were worth $22,083,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. lifted its stake in shares of Howmet Aerospace by 119.7% during the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock valued at $25,000 after acquiring an additional 73 shares during the period. Acumen Wealth Advisors LLC acquired a new stake in Howmet Aerospace in the fourth quarter worth about $25,000. West Paces Advisors Inc. acquired a new stake in Howmet Aerospace in the second quarter worth about $27,000. Cornerstone Financial Management LLC bought a new stake in Howmet Aerospace during the 4th quarter worth about $28,000. Finally, Vermillion & White Wealth Management Group LLC raised its holdings in Howmet Aerospace by 65.1% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after purchasing an additional 54 shares during the last quarter. Institutional investors and hedge funds own 90.46% of the company’s stock.

Howmet Aerospace Trading Down 1.2%

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

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, topping analysts’ consensus estimates of $1.24 by $0.09. The firm had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The company’s revenue was up 24.1% compared to the same quarter last year. During the same quarter last year, the business 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. On average, equities analysts expect that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.

Howmet Aerospace Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Investors of record on Friday, August 7th were paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, August 7th. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s payout ratio is 12.07%.

Analyst Ratings Changes

Several brokerages have recently issued reports on HWM. JPMorgan Chase & Co. raised their target price on shares of Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. Zacks Research raised shares of Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 12th. Citigroup restated a “buy” rating on shares of Howmet Aerospace in a report on Wednesday, August 12th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $370.00 price objective on shares of Howmet Aerospace in a research note on Sunday, August 9th. Finally, Wells Fargo & Company reaffirmed an “outperform” rating and set a $315.00 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 given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $316.22.

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.