Maridea Wealth Management LLC Purchases Shares of 2,633 Howmet Aerospace Inc. $HWM

Maridea Wealth Management LLC acquired a new stake in Howmet Aerospace Inc. (NYSE:HWM) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,633 shares of the company’s stock, valued at approximately $708,000.

Other hedge funds have also recently made changes to their positions in the company. Bridgewater Advisors Inc. purchased a new stake in shares of Howmet Aerospace during the second quarter worth about $286,000. BIP Wealth LLC purchased a new position in Howmet Aerospace in the 2nd quarter worth approximately $336,000. Oppenheimer Asset Management Inc. purchased a new position in Howmet Aerospace in the 2nd quarter worth approximately $21,194,000. Platform Technology Partners bought a new position in Howmet Aerospace in the 2nd quarter worth approximately $262,000. Finally, Sunpointe LLC boosted its stake in Howmet Aerospace by 62.4% in the 2nd quarter. Sunpointe LLC now owns 4,691 shares of the company’s stock worth $1,261,000 after purchasing an additional 1,802 shares during the period. Institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Stock Performance

NYSE HWM opened at $289.33 on Friday. The stock has a market capitalization of $115.76 billion, a PE ratio of 62.36, a P/E/G ratio of 2.07 and a beta of 1.20. The business has a 50 day simple moving average of $276.03 and a two-hundred day simple moving average of $256.16. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 0.87. 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 (EPS) for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. The business 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%.The company’s revenue was up 24.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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. On average, research analysts predict that Howmet Aerospace Inc. will post 5.33 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Friday, August 7th will be given a $0.14 dividend. This is a boost from Howmet Aerospace’s previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, August 7th. Howmet Aerospace’s dividend payout ratio (DPR) is presently 12.07%.

Analyst Ratings Changes

HWM has been the topic of several recent analyst reports. BNP Paribas Exane reiterated an “outperform” rating and set a $340.00 price objective (up from $265.00) on shares of Howmet Aerospace in a research report on Friday, May 8th. Sanford C. Bernstein restated an “outperform” rating and set a $318.00 target price on shares of Howmet Aerospace in a research report on Tuesday, June 16th. BTIG Research upped their target price on shares of Howmet Aerospace from $300.00 to $340.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. Royal Bank Of Canada raised their target price on shares of Howmet Aerospace from $325.00 to $350.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Finally, 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 report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $315.67.

Howmet Aerospace Company 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.