Corient Private Wealth LP Buys New Shares in Howmet Aerospace Inc. $HWM

Corient Private Wealth LP purchased a new position in Howmet Aerospace Inc. (NYSE:HWM) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 105,025 shares of the company’s stock, valued at approximately $28,237,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Newbridge Financial Services Group Inc. boosted its position in shares of Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company’s stock worth $25,000 after acquiring an additional 73 shares during the last quarter. Acumen Wealth Advisors LLC purchased a new position in Howmet Aerospace during the fourth quarter worth approximately $25,000. West Paces Advisors Inc. acquired a new position in shares of Howmet Aerospace in the 2nd quarter valued at $27,000. Cornerstone Financial Management LLC acquired a new position in shares of Howmet Aerospace in the 4th quarter valued at $28,000. Finally, Vermillion & White Wealth Management Group LLC grew its stake in shares of Howmet Aerospace by 65.1% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company’s stock valued at $28,000 after buying an additional 54 shares during the period. Hedge funds and other institutional investors own 90.46% of the company’s stock.

Howmet Aerospace Trading Down 0.7%

HWM opened at $267.52 on Friday. The firm’s 50 day moving average is $277.68 and its 200-day moving average is $260.45. Howmet Aerospace Inc. has a 52-week low of $170.81 and a 52-week 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 firm has a market capitalization of $107.04 billion, a P/E ratio of 57.65, a P/E/G ratio of 1.93 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM) last announced 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 net margin of 20.52% and a return on equity of 33.91%. The business had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.43 billion. During the same period in the prior year, the firm earned $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. Analysts expect that Howmet Aerospace Inc. will post 5.33 EPS for the current fiscal year.

Howmet Aerospace Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 25th. Stockholders of record on Friday, August 7th were paid 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 was Friday, August 7th. Howmet Aerospace’s payout ratio is 12.07%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. TD Cowen increased their target price on Howmet Aerospace from $300.00 to $320.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. UBS Group lifted their price objective on Howmet Aerospace from $299.00 to $326.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Jefferies Financial Group reissued a “buy” rating and set a $370.00 target price on shares of Howmet Aerospace in a research report on Sunday, August 9th. Morgan Stanley reiterated an “overweight” rating and set a $335.00 price objective on shares of Howmet Aerospace in a research note on Monday, August 10th. Finally, BTIG Research increased their price target on Howmet Aerospace from $300.00 to $340.00 and gave the company a “buy” rating in a report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $316.22.

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.