Commerce Bank Acquires New Shares in Howmet Aerospace Inc. $HWM

Commerce Bank 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 and Exchange Commission (SEC). The fund bought 36,307 shares of the company’s stock, valued at approximately $9,761,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bartlett & CO. Wealth Management LLC lifted its holdings in shares of Howmet Aerospace by 55.1% during the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 107 shares of the company’s stock valued at $29,000 after buying an additional 38 shares during the last quarter. UMB Bank n.a. raised its position in Howmet Aerospace by 2.6% during the fourth quarter. UMB Bank n.a. now owns 1,620 shares of the company’s stock valued at $332,000 after acquiring an additional 41 shares in the last quarter. Tudor Financial Inc. lifted its stake in Howmet Aerospace by 2.6% in the fourth quarter. Tudor Financial Inc. now owns 1,650 shares of the company’s stock valued at $338,000 after acquiring an additional 42 shares during the last quarter. Physician Wealth Advisors Inc. lifted its stake in Howmet Aerospace by 2.5% in the first quarter. Physician Wealth Advisors Inc. now owns 1,730 shares of the company’s stock valued at $399,000 after acquiring an additional 42 shares during the last quarter. Finally, Roman Butler Fullerton & Co. lifted its stake in Howmet Aerospace by 0.4% in the first quarter. Roman Butler Fullerton & Co. now owns 10,537 shares of the company’s stock valued at $2,634,000 after acquiring an additional 42 shares during the last quarter. 90.46% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

HWM has been the topic of several analyst reports. BNP Paribas Exane restated an “outperform” rating and set a $340.00 price target (up from $265.00) on shares of Howmet Aerospace in a research note on Friday, May 8th. Wells Fargo & Company reaffirmed an “outperform” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a research note on Monday, August 10th. Citigroup reaffirmed a “buy” rating on shares of Howmet Aerospace in a research note on Wednesday, August 12th. Royal Bank Of Canada upped their price objective on shares of Howmet Aerospace from $325.00 to $350.00 and gave the stock an “outperform” rating in a report on Friday, August 7th. Finally, Weiss Ratings raised shares of Howmet Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday. One investment 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. According to MarketBeat.com, Howmet Aerospace presently has a consensus rating of “Moderate Buy” and an average target price of $315.67.

Howmet Aerospace Trading Down 0.0%

Shares of HWM stock opened at $271.58 on Monday. Howmet Aerospace Inc. has a 12 month low of $170.24 and a 12 month high of $310.00. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71. The business’s 50 day moving average is $278.62 and its two-hundred day moving average is $258.98. The company has a market cap of $108.66 billion, a PE ratio of 58.53, a price-to-earnings-growth ratio of 1.94 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM) last released its quarterly 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 company had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. During the same quarter last year, the firm posted $0.91 earnings per share. The company’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. Equities analysts predict that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Friday, August 7th will be issued a $0.14 dividend. 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 annualized dividend and a 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.