ABN Amro Investment Solutions Buys 14,388 Shares of Howmet Aerospace Inc. $HWM

Key Points

• ABN Amro Investment Solutions increased its Howmet Aerospace stake by 82.5% in the second quarter, purchasing 14,388 additional shares for a total holding valued at approximately $8.6 million. Institutional investors collectively own 90.46% of the company.
• Analysts maintain a favorable outlook, with 17 Buy ratings and three Holds, producing a consensus “Moderate Buy” rating and an average price target of $315.67.
• Howmet exceeded quarterly expectations with adjusted earnings of $1.33 per share and $2.55 billion in revenue, while revenue rose 24.1% year over year. The company also raised its quarterly dividend from $0.12 to $0.14 per share.

ABN Amro Investment Solutions lifted its stake in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 82.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,821 shares of the company's stock after purchasing an additional 14,388 shares during the period. ABN Amro Investment Solutions' holdings in Howmet Aerospace were worth $8,555,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of HWM. Newbridge Financial Services Group Inc. raised its holdings in Howmet Aerospace by 119.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company's stock valued at $25,000 after acquiring an additional 73 shares during the period. Acumen Wealth Advisors LLC bought a new position in shares of Howmet Aerospace in the fourth quarter worth $25,000. West Paces Advisors Inc. bought a new position in shares of Howmet Aerospace in the second quarter worth $27,000. Cornerstone Financial Management LLC bought a new position in shares of Howmet Aerospace in the fourth quarter worth $28,000. Finally, Vermillion & White Wealth Management Group LLC grew its position in shares of Howmet Aerospace by 65.1% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 137 shares of the company's stock valued at $28,000 after purchasing an additional 54 shares in the last quarter. Institutional investors own 90.46% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on HWM shares. UBS Group increased their price objective on Howmet Aerospace from $299.00 to $326.00 and gave the stock a "neutral" rating in a report on Friday, August 7th. Weiss Ratings cut Howmet Aerospace from a "buy (b)" rating to a "buy (b-)" rating in a research report on Wednesday, August 5th. Wall Street Zen downgraded shares of Howmet Aerospace from a "strong-buy" rating to a "buy" rating in a report on Sunday, July 5th. TD Cowen increased their price target on shares of Howmet Aerospace from $300.00 to $320.00 and gave the stock a "buy" rating in a report on Monday, July 13th. Finally, Wells Fargo & Company restated an "outperform" rating and issued a $315.00 price objective on shares of Howmet Aerospace in a research report on Monday. Seventeen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $315.67.

Howmet Aerospace Stock Performance

Shares of HWM stock opened at $282.54 on Friday. The company has a market capitalization of $113.05 billion, a P/E ratio of 60.89, a PEG ratio of 2.01 and a beta of 1.20. Howmet Aerospace Inc. has a fifty-two week low of $169.45 and a fifty-two week high of $310.00. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. The stock has a 50 day moving average price of $275.29 and a two-hundred day moving average price of $255.92.

Howmet Aerospace (NYSE:HWM - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, topping 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 company had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.43 billion. During the same period in the previous year, the firm earned $0.91 earnings per share. The firm's revenue for the quarter 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. Analysts expect that Howmet Aerospace Inc. will post 5.33 earnings per share for the current 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 dividend of $0.14 per share. This is an increase from Howmet Aerospace's previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Friday, August 7th. This represents a $0.56 dividend on an annualized basis and a yield of 0.2%. Howmet Aerospace's dividend payout ratio is 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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