3,817 Shares in Howmet Aerospace Inc. $HWM Acquired by Occidental Asset Management LLC

Occidental Asset Management LLC bought a new stake in Howmet Aerospace Inc. (NYSE:HWM) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 3,817 shares of the company’s stock, valued at approximately $1,026,000.

Several other large investors have also modified their holdings of HWM. Norges Bank purchased a new position in Howmet Aerospace during the fourth quarter worth about $1,793,698,000. Bank of New York Mellon Corp acquired a new position in Howmet Aerospace during the second quarter worth $1,099,765,000. Price T Rowe Associates Inc. MD grew its stake in shares of Howmet Aerospace by 27.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,632,206 shares of the company’s stock valued at $3,409,936,000 after buying an additional 3,531,700 shares in the last quarter. Auto Owners Insurance Co lifted its stake in Howmet Aerospace by 20,402.0% during the 4th quarter. Auto Owners Insurance Co now owns 1,441,906 shares of the company’s stock worth $29,562,000 after acquiring an additional 1,434,873 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Howmet Aerospace during the 2nd quarter valued at about $263,462,000. Institutional investors and hedge funds own 90.46% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on HWM. 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 report on Monday, August 10th. Sanford C. Bernstein reiterated an “outperform” rating and set a $318.00 target price on shares of Howmet Aerospace in a report on Tuesday, June 16th. BTIG Research upped their price objective on Howmet Aerospace from $300.00 to $340.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. Susquehanna lifted their target price on Howmet Aerospace from $330.00 to $340.00 and gave the company a “positive” rating in a report on Friday, August 7th. Finally, Zacks Research raised Howmet Aerospace from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 12th. One investment 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 company’s stock. According to MarketBeat, Howmet Aerospace currently has a consensus rating of “Moderate Buy” and an average target price of $315.67.

Howmet Aerospace Stock Up 0.1%

HWM stock opened at $289.37 on Tuesday. The stock has a market cap of $115.78 billion, a P/E ratio of 62.36, a PEG ratio of 2.07 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 Inc. has a twelve month low of $169.45 and a twelve month high of $310.00. The company’s 50 day moving average is $276.89 and its two-hundred day moving average is $256.96.

Howmet Aerospace (NYSE:HWM) last posted its earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $2.43 billion. During the same period last year, the firm posted $0.91 EPS. The company’s revenue was up 24.1% on a year-over-year basis. 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. Research analysts expect that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal 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 represents a $0.56 dividend on an annualized basis and a dividend yield of 0.2%. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. The ex-dividend date is Friday, August 7th. Howmet Aerospace’s 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.