Braun Stacey Associates Inc. Sells 5,932 Shares of Howmet Aerospace Inc. $HWM

Braun Stacey Associates Inc. decreased its position in Howmet Aerospace Inc. (NYSE:HWM) by 2.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 200,339 shares of the company’s stock after selling 5,932 shares during the period. Howmet Aerospace comprises approximately 1.5% of Braun Stacey Associates Inc.’s portfolio, making the stock its 16th biggest holding. Braun Stacey Associates Inc. owned about 0.05% of Howmet Aerospace worth $53,863,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of HWM. Navellier & Associates Inc. grew its position in shares of Howmet Aerospace by 12.8% in the 2nd quarter. Navellier & Associates Inc. now owns 82,136 shares of the company’s stock worth $22,083,000 after buying an additional 9,324 shares during the last quarter. Hsbc Holdings PLC increased its stake in shares of Howmet Aerospace by 24.8% in the 2nd quarter. Hsbc Holdings PLC now owns 855,887 shares of the company’s stock worth $229,496,000 after acquiring an additional 170,052 shares in the last quarter. Archer Investment Corp purchased a new position in shares of Howmet Aerospace during the second quarter valued at approximately $441,000. Fox Hill Wealth Management bought a new stake in Howmet Aerospace in the second quarter worth $4,077,000. Finally, Kingsview Wealth Management LLC purchased a new stake in Howmet Aerospace during the 2nd quarter valued at about $721,000. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Price Performance

NYSE:HWM opened at $264.48 on Friday. Howmet Aerospace Inc. has a 1-year low of $170.81 and a 1-year high of $310.00. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 0.87. The company has a 50 day moving average price of $277.41 and a 200-day moving average price of $260.48. The firm has a market cap of $105.82 billion, a price-to-earnings ratio of 57.00, a price-to-earnings-growth ratio of 1.91 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. The business had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.43 billion. Howmet Aerospace had a net margin of 20.52% and a return on equity of 33.91%. The company’s revenue was up 24.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.91 earnings per share. 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 research analysts forecast that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Shareholders 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 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Friday, August 7th. Howmet Aerospace’s dividend payout ratio (DPR) is currently 12.07%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on HWM. Wells Fargo & Company reiterated an “outperform” rating and issued a $315.00 price objective on shares of Howmet Aerospace in a research note on Monday, August 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $320.00 price target on shares of Howmet Aerospace in a research report on Friday, May 8th. Susquehanna upped their price target on shares of Howmet Aerospace from $330.00 to $340.00 and gave the company a “positive” rating in a report on Friday, August 7th. Citigroup reaffirmed a “buy” rating on shares of Howmet Aerospace in a research report on Wednesday, August 12th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $370.00 price objective on shares of Howmet Aerospace in a report on Sunday, August 9th. 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 stock. According to MarketBeat, Howmet Aerospace currently has an average rating of “Moderate Buy” and a consensus target price of $316.22.

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.