Howmet Aerospace Inc. $HWM Shares Bought by Sunpointe LLC

Sunpointe LLC boosted its holdings in shares of Howmet Aerospace Inc. (NYSE:HWM) by 62.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,691 shares of the company’s stock after buying an additional 1,802 shares during the quarter. Sunpointe LLC’s holdings in Howmet Aerospace were worth $1,261,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of HWM. West Paces Advisors Inc. purchased a new stake in shares of Howmet Aerospace in the 2nd quarter valued at $27,000. Bartlett & CO. Wealth Management LLC raised 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 position in shares of Howmet Aerospace during the fourth quarter worth $25,000. Newbridge Financial Services Group Inc. lifted its position in 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 purchasing an additional 73 shares during the period. 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 valued at $28,000 after purchasing an additional 54 shares during the period. 90.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on HWM shares. BTIG Research upped their price target on shares of Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a report on Monday, August 10th. Citigroup reiterated a “buy” rating on shares of Howmet Aerospace in a research note on Wednesday. Wall Street Zen cut Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 5th. Sanford C. Bernstein restated an “outperform” rating and issued a $318.00 target price on shares of Howmet Aerospace in a research note on Tuesday, June 16th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $335.00 target price on shares of Howmet Aerospace in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $315.67.

Howmet Aerospace Stock Performance

Shares of NYSE HWM opened at $289.33 on Friday. The company has a market capitalization of $115.76 billion, a PE ratio of 62.36, a price-to-earnings-growth ratio of 2.02 and a beta of 1.20. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. The company’s fifty day moving average price is $276.03 and its 200 day moving average price is $256.16. Howmet Aerospace Inc. has a 1 year low of $169.45 and a 1 year high of $310.00.

Howmet Aerospace (NYSE:HWM) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $0.09. The company had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.43 billion. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The firm’s revenue for the quarter was up 24.1% on a year-over-year basis. During the same quarter in the previous year, the company 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, research analysts predict 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 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 is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date is Friday, August 7th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.2%. Howmet Aerospace’s payout ratio is 12.07%.

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.