8,533 Shares in Howmet Aerospace Inc. $HWM Bought by Meeder Advisory Services Inc.

Key Points

• Meeder Advisory Services acquired 8,533 shares of Howmet Aerospace worth approximately $2.3 million in the second quarter, while institutional investors overall own 90.46% of the stock.
• Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $315.67; several firms recently raised their targets to as high as $350.
• Howmet reported quarterly EPS of $1.33, beating estimates, while revenue rose 24.1% year over year to $2.55 billion. The company also increased its quarterly dividend from $0.12 to $0.14 per share.

Meeder Advisory Services Inc. acquired a new stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,533 shares of the company's stock, valued at approximately $2,294,000.

Several other large investors have also bought and sold shares of HWM. Brighton Jones LLC lifted its position in shares of Howmet Aerospace by 5.4% during the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company's stock valued at $279,000 after acquiring an additional 130 shares during the period. Acadian Asset Management LLC bought a new position in Howmet Aerospace in the 1st quarter valued at about $399,000. Sivia Capital Partners LLC bought a new position in shares of Howmet Aerospace in the second quarter valued at approximately $216,000. Brown Advisory Inc. lifted its stake in Howmet Aerospace by 31.0% during the 2nd quarter. Brown Advisory Inc. now owns 4,180 shares of the company's stock valued at $778,000 after acquiring an additional 990 shares in the last quarter. Finally, Cary Street Partners Financial LLC bought a new position in shares of Howmet Aerospace during the second quarter valued at about $145,000. 90.46% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $318.00 target price on shares of Howmet Aerospace in a report on Tuesday, June 16th. JPMorgan Chase & Co. lifted their price target on Howmet Aerospace from $310.00 to $350.00 and gave the stock an "overweight" rating in a report on Monday, August 10th. Wells Fargo & Company reissued an "outperform" rating and issued a $315.00 price objective on shares of Howmet Aerospace in a research report on Monday, August 10th. TD Cowen upped their price objective on Howmet Aerospace from $300.00 to $320.00 and gave the company a "buy" rating in a research note on Monday, July 13th. Finally, Royal Bank Of Canada raised 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 investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Howmet Aerospace currently has a consensus rating of "Moderate Buy" and a consensus price target of $315.67.

Howmet Aerospace Stock Up 1.3%

Howmet Aerospace stock opened at $292.76 on Wednesday. The firm has a 50 day moving average price of $277.61 and a 200-day moving average price of $257.54. The company has a quick ratio of 0.87, a current ratio of 1.82 and a debt-to-equity ratio of 0.71. Howmet Aerospace Inc. has a twelve month low of $169.45 and a twelve month high of $310.00. The company has a market capitalization of $117.14 billion, a P/E ratio of 63.10, a P/E/G ratio of 2.07 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping 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 analysts' expectations of $2.43 billion. During the same quarter in the previous year, the firm posted $0.91 EPS. Howmet Aerospace's revenue was up 24.1% on a year-over-year basis. 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. As a group, 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. Shareholders of record on Friday, August 7th will be paid a $0.14 dividend. The ex-dividend date is Friday, August 7th. 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%. Howmet Aerospace's dividend payout ratio is presently 12.07%.

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.

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