Proficio Capital Partners LLC acquired a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,161 shares of the company’s stock, valued at approximately $850,000.
A number of other hedge funds have also recently bought and sold shares of the company. West Paces Advisors Inc. acquired a new position in Howmet Aerospace in the 2nd quarter valued at $27,000. Bartlett & CO. Wealth Management LLC boosted its holdings 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 last quarter. Acumen Wealth Advisors LLC purchased a new stake in shares of Howmet Aerospace in the fourth quarter valued at $25,000. Newbridge Financial Services Group Inc. increased its stake 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 position in Howmet Aerospace by 65.1% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock worth $28,000 after buying an additional 54 shares during the period. Institutional investors and hedge funds own 90.46% of the company’s stock.
More Howmet Aerospace News
Here are the key news stories impacting Howmet Aerospace this week:
- Positive Sentiment: Two analysts recommended buying the dip, arguing that SpaceX’s planned in-house turbine-blade production is unlikely to materially damage Howmet’s existing commercial aerospace and industrial businesses. One aerospace stock got hit by a SpaceX announcement. Two analysts say buy the dip
- Positive Sentiment: Analysts have maintained an upbeat view as the stock appears technically oversold following a 14.5% four-week decline. Continued upward earnings-estimate revisions support the possibility of a near-term recovery. Down 14.5% in 4 Weeks, Here’s Why Howmet Looks Ripe for a Turnaround
- Positive Sentiment: Howmet’s latest results showed strong momentum, with quarterly revenue up 24.1% year over year and adjusted earnings exceeding expectations. Its 2026 earnings outlook remains supportive of the bullish case.
- Neutral Sentiment: Bernstein sees little immediate threat from SpaceX’s turbine-blade plans, suggesting the market reaction may have been excessive, although the announcement introduces a longer-term competitive risk. Bernstein sees little threat to Howmet from SpaceX’s turbine-blade plans
- Negative Sentiment: SpaceX’s plan to cast turbine blades internally sparked concerns about lost future business and caused Howmet shares to suffer their steepest decline in roughly 16 months. Howmet slides after SpaceX unveils turbine-blade casting plan
- Negative Sentiment: Options activity reflected heightened downside hedging, with put-option purchases running well above normal levels as traders responded to the SpaceX news.
Howmet Aerospace Stock Up 4.1%
Howmet Aerospace (NYSE:HWM – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.33 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 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 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. Equities analysts forecast that Howmet Aerospace Inc. will post 5.33 earnings per share for the current year.
Howmet Aerospace Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 25th. Investors 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%. The ex-dividend date was Friday, August 7th. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. Howmet Aerospace’s dividend payout ratio (DPR) is presently 12.07%.
Wall Street Analyst Weigh In
A number of analysts have issued reports on HWM shares. UBS Group raised their price target on Howmet Aerospace from $299.00 to $326.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Jefferies Financial Group reissued a “buy” rating and issued a $370.00 target price on shares of Howmet Aerospace in a research report on Sunday, August 9th. Wells Fargo & Company restated an “outperform” rating and issued a $315.00 target price on shares of Howmet Aerospace in a report on Monday, August 10th. TD Cowen upped their price target on shares of Howmet Aerospace from $300.00 to $320.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. Finally, JPMorgan Chase & Co. increased their price target on shares of Howmet Aerospace from $310.00 to $350.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $316.22.
Read Our Latest Stock Report on HWM
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.
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