Livforsakringsbolaget Skandia Omsesidigt Purchases New Shares in Howmet Aerospace Inc. $HWM

Livforsakringsbolaget Skandia Omsesidigt acquired a new position in Howmet Aerospace Inc. (NYSE:HWM) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,451 shares of the company’s stock, valued at approximately $659,000.

Several other institutional investors also recently modified their holdings of HWM. Newbridge Financial Services Group Inc. raised its stake 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 buying an additional 73 shares during the last quarter. Acumen Wealth Advisors LLC purchased a new stake in shares of Howmet Aerospace in the fourth quarter worth $25,000. West Paces Advisors Inc. bought a new position in shares of Howmet Aerospace during the second quarter valued at $27,000. Cornerstone Financial Management LLC bought a new position in shares of Howmet Aerospace during the fourth quarter valued at $28,000. Finally, Vermillion & White Wealth Management Group LLC raised its position in shares of Howmet Aerospace by 65.1% in 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. 90.46% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on HWM. Wall Street Zen cut Howmet Aerospace from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 5th. Weiss Ratings raised Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, August 19th. 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. Sanford C. Bernstein raised their price target on Howmet Aerospace from $318.00 to $328.00 and gave the stock an “outperform” rating in a research note on Monday, August 24th. Finally, Royal Bank Of Canada lifted their target price on Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $316.22.

Howmet Aerospace Stock Performance

NYSE HWM opened at $264.48 on Friday. Howmet Aerospace Inc. has a fifty-two week low of $170.81 and a fifty-two week high of $310.00. 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 firm has a market capitalization of $105.82 billion, a P/E ratio of 57.00, a PEG ratio of 1.89 and a beta of 1.20. The stock has a 50-day simple moving average of $277.41 and a two-hundred day simple moving average of $260.48.

Howmet Aerospace (NYSE:HWM) last released its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.09. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The business had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.43 billion. During the same quarter last year, the business posted $0.91 earnings per share. The business’s quarterly revenue 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. On average, 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 declared a quarterly dividend, which was paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th were given a dividend of $0.14 per share. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, August 7th. Howmet Aerospace’s dividend payout ratio is currently 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.