Beacon Pointe Advisors LLC Buys Shares of 7,488 Howmet Aerospace Inc. $HWM

Key Points

• Beacon Pointe Advisors initiated a position in Howmet Aerospace by purchasing 7,488 shares valued at approximately $2.0 million. Institutional investors collectively own 90.46% of the company.
• Howmet reported quarterly earnings of $1.33 per share and revenue of $2.55 billion, exceeding analyst estimates; revenue increased 24.1% year over year. The company provided third-quarter and full-year 2026 EPS guidance.
• The company raised its quarterly dividend from $0.12 to $0.14 per share. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $316.22.

Beacon Pointe Advisors LLC purchased a new position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 7,488 shares of the company's stock, valued at approximately $2,013,000.

Several other institutional investors and hedge funds have also bought and sold shares of HWM. MUFG Securities EMEA plc boosted its holdings in shares of Howmet Aerospace by 752.6% in the fourth quarter. MUFG Securities EMEA plc now owns 65,783 shares of the company's stock worth $13,487,000 after acquiring an additional 58,067 shares during the period. M&T Bank Corp raised its stake in shares of Howmet Aerospace by 75.0% during the 4th quarter. M&T Bank Corp now owns 42,975 shares of the company's stock valued at $8,810,000 after purchasing an additional 18,417 shares during the period. Sequoia Financial Advisors LLC lifted its holdings in Howmet Aerospace by 57.5% during the 4th quarter. Sequoia Financial Advisors LLC now owns 14,190 shares of the company's stock worth $2,909,000 after purchasing an additional 5,181 shares in the last quarter. Patriot Financial Group Insurance Agency LLC lifted its holdings in Howmet Aerospace by 95.3% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 24,338 shares of the company's stock worth $5,609,000 after purchasing an additional 11,878 shares in the last quarter. Finally, Bearing Point Capital LLC grew its holdings in Howmet Aerospace by 9.5% during the 4th quarter. Bearing Point Capital LLC now owns 54,619 shares of the company's stock valued at $11,198,000 after buying an additional 4,757 shares in the last quarter. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Trading Down 0.1%

Shares of HWM opened at $264.48 on Monday. The firm has a 50 day moving average price of $277.41 and a 200-day moving average price of $260.72. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.87 and a current ratio of 1.82. Howmet Aerospace Inc. has a fifty-two week low of $170.81 and a fifty-two week high of $310.00. The firm has a market cap of $105.82 billion, a price-to-earnings ratio of 57.00, a PEG ratio of 1.89 and a beta of 1.20.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its quarterly earnings data 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 return on equity of 33.91% and a net margin of 20.52%.The firm had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $2.43 billion. During the same quarter in the previous year, the business earned $0.91 earnings per share. The company's quarterly 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 research analysts forecast 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 was paid on Tuesday, August 25th. Investors of record on Friday, August 7th were issued a dividend of $0.14 per share. The ex-dividend date was Friday, August 7th. This represents a $0.56 dividend on an annualized basis and a yield of 0.2%. This is a boost from Howmet Aerospace's previous quarterly dividend of $0.12. Howmet Aerospace's dividend payout ratio (DPR) is presently 12.07%.

Analyst Ratings Changes

A number of research firms have recently commented on HWM. JPMorgan Chase & Co. raised their price objective on shares of Howmet Aerospace from $310.00 to $350.00 and gave the company an "overweight" rating in a research report on Monday, August 10th. Morgan Stanley reiterated an "overweight" rating and issued a $335.00 target price on shares of Howmet Aerospace in a research note on Monday, August 10th. UBS Group boosted their price target on shares of Howmet Aerospace from $299.00 to $326.00 and gave the company a "neutral" rating in a research report on Friday, August 7th. BTIG Research upped their price target on shares of Howmet Aerospace from $300.00 to $340.00 and gave the stock a "buy" rating in a report on Monday, August 10th. Finally, Citigroup reissued a "buy" rating on shares of Howmet Aerospace in a research note on Wednesday, August 12th. One 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. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price 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.

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