Callan Family Office LLC Acquires New Holdings in Howmet Aerospace Inc. $HWM

Key Points

• Callan Family Office acquired 7,105 shares of Howmet Aerospace worth approximately $1.91 million, while institutional investors collectively own 90.46% of the company.
• Howmet reported strong quarterly results, with EPS of $1.33 and revenue of $2.55 billion, representing 24.1% year-over-year revenue growth. Management issued third-quarter and full-year 2026 EPS guidance.
• The company raised its quarterly dividend from $0.12 to $0.14 per share. Analysts remain broadly bullish, with a “Moderate Buy” consensus rating and an average price target of $315.67 versus the stock’s reported $271.58 price.

Callan Family Office LLC bought a new position in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 7,105 shares of the company's stock, valued at approximately $1,910,000.

A number of other institutional investors have also recently added to or reduced their stakes in HWM. Newbridge Financial Services Group Inc. increased its holdings in Howmet Aerospace by 119.7% in the second quarter. Newbridge Financial Services Group Inc. now owns 134 shares of the company's stock valued at $25,000 after purchasing an additional 73 shares during the period. Acumen Wealth Advisors LLC acquired a new position in Howmet Aerospace during the 4th quarter worth about $25,000. West Paces Advisors Inc. bought a new stake in shares of Howmet Aerospace in the 2nd quarter valued at about $27,000. Cornerstone Financial Management LLC bought a new stake in shares of Howmet Aerospace in the 4th quarter valued at about $28,000. Finally, Vermillion & White Wealth Management Group LLC grew its position in shares of Howmet Aerospace by 65.1% in 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 last quarter. 90.46% of the stock is owned by institutional investors.

Howmet Aerospace Stock Performance

NYSE:HWM opened at $271.58 on Monday. The company has a fifty day moving average of $278.62 and a 200-day moving average of $258.98. The firm has a market capitalization of $108.66 billion, a P/E ratio of 58.53, a P/E/G ratio of 1.94 and a beta of 1.20. 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 $170.24 and a twelve month high of $310.00.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, beating 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 the consensus estimate of $2.43 billion. During the same quarter in the previous year, the company earned $0.91 EPS. Howmet Aerospace'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. As a group, sell-side analysts anticipate that Howmet Aerospace Inc. will post 5.33 EPS for the current year.

Howmet Aerospace Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Friday, August 7th will be paid 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 (DPR) is currently 12.07%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Morgan Stanley restated an "overweight" rating and set a $335.00 price objective on shares of Howmet Aerospace in a research report on Monday, August 10th. Sanford C. Bernstein reissued an "outperform" rating and set a $318.00 target price on shares of Howmet Aerospace in a research report on Tuesday, June 16th. Susquehanna raised their price target on shares of Howmet Aerospace from $330.00 to $340.00 and gave the stock a "positive" rating in a report on Friday, August 7th. Zacks Research upgraded shares of Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 12th. Finally, TD Cowen boosted their price target on shares of Howmet Aerospace from $300.00 to $320.00 and gave the stock a "buy" rating in a research report on Monday, July 13th. 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. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $315.67.

Howmet Aerospace Company 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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