Sequoia Financial Advisors LLC Increases Holdings in Howmet Aerospace Inc. $HWM

Sequoia Financial Advisors LLC increased its stake in shares of Howmet Aerospace Inc. (NYSE:HWM) by 44.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 21,778 shares of the company’s stock after acquiring an additional 6,670 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Howmet Aerospace were worth $5,855,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HWM. Brighton Jones LLC raised its holdings in shares of Howmet Aerospace by 5.4% during the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company’s stock worth $279,000 after acquiring an additional 130 shares during the period. Acadian Asset Management LLC purchased a new stake in shares of Howmet Aerospace in the first quarter valued at about $399,000. Sivia Capital Partners LLC purchased a new stake in shares of Howmet Aerospace in the second quarter valued at about $216,000. Brown Advisory Inc. increased its position in Howmet Aerospace by 31.0% during the second quarter. Brown Advisory Inc. now owns 4,180 shares of the company’s stock worth $778,000 after purchasing an additional 990 shares during the last quarter. Finally, Cary Street Partners Financial LLC acquired a new stake in Howmet Aerospace during the second quarter worth about $145,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on HWM shares. Weiss Ratings raised shares of Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, August 19th. Susquehanna raised their price target on shares of Howmet Aerospace from $330.00 to $340.00 and gave the stock a “positive” rating in a report on Friday, August 7th. JPMorgan Chase & Co. lifted their price target on shares of Howmet Aerospace from $310.00 to $350.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. Jefferies Financial Group reiterated a “buy” rating and issued a $370.00 price objective on shares of Howmet Aerospace in a report on Sunday, August 9th. Finally, Royal Bank Of Canada upped their price objective on Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a report on Friday, August 7th. One 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. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $316.22.

Howmet Aerospace Trading Up 0.5%

NYSE:HWM opened at $229.16 on Friday. Howmet Aerospace Inc. has a 12-month low of $182.78 and a 12-month high of $310.00. The firm has a market cap of $91.69 billion, a PE ratio of 49.39, a price-to-earnings-growth ratio of 2.06 and a beta of 1.19. 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 stock has a fifty day moving average price of $272.11 and a 200 day moving average price of $260.58.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.09. The company 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%.Howmet Aerospace’s revenue was up 24.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.91 EPS. 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. Sell-side 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 announced a quarterly dividend, which was paid on Tuesday, August 25th. Investors of record on Friday, August 7th were issued a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 0.2%. This is a positive change from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Friday, August 7th. Howmet Aerospace’s dividend payout ratio is 12.07%.

Howmet Aerospace Company Profile

Howmet Aerospace Inc (NYSE:HWM) is an aerospace and industrial manufacturer that develops and produces engineered components for commercial and defense aircraft, as well as products for transportation, energy and other industrial markets. Its offerings include aircraft engine components, airframe structures, fastening systems and forged aluminum wheels for commercial transportation.

The company’s aerospace products include turbine airfoils, engine casings, structural components and other specialized parts designed to support aircraft performance and efficiency.