EP Wealth Advisors LLC Takes $1.89 Million Position in Howmet Aerospace Inc. $HWM

EP Wealth Advisors LLC acquired a new stake in shares of Howmet Aerospace Inc. (NYSE:HWM - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 7,024 shares of the company's stock, valued at approximately $1,888,000.

A number of other large investors also recently bought and sold shares of HWM. Brighton Jones LLC raised its position in shares of Howmet Aerospace by 5.4% in the 4th quarter. Brighton Jones LLC now owns 2,548 shares of the company's stock worth $279,000 after acquiring an additional 130 shares in the last quarter. Acadian Asset Management LLC purchased a new stake in shares of Howmet Aerospace during the 1st quarter worth $399,000. Sivia Capital Partners LLC bought a new stake in Howmet Aerospace during the second quarter valued at about $216,000. Brown Advisory Inc. boosted its position in Howmet Aerospace by 31.0% during the second quarter. Brown Advisory Inc. now owns 4,180 shares of the company's stock valued at $778,000 after purchasing an additional 990 shares in the last quarter. Finally, Cary Street Partners Financial LLC bought a new stake in Howmet Aerospace during the second quarter valued at about $145,000. Institutional investors own 90.46% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have commented on HWM. Jefferies Financial Group reiterated a "buy" rating and issued a $370.00 target price on shares of Howmet Aerospace in a report on Sunday, August 9th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $320.00 price target on shares of Howmet Aerospace in a report on Friday, May 8th. Zacks Research raised shares of Howmet Aerospace from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 12th. BTIG Research boosted their price objective on shares of Howmet Aerospace from $300.00 to $340.00 and gave the stock a "buy" rating in a research note on Monday, August 10th. Finally, Royal Bank Of Canada increased their target price on shares of 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. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $315.67.

Howmet Aerospace Trading Down 0.8%

Shares of NYSE:HWM opened at $271.58 on Friday. The business's 50-day moving average is $278.62 and its 200 day moving average is $258.62. Howmet Aerospace Inc. has a 1 year low of $170.24 and a 1 year high of $310.00. 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 debt-to-equity ratio of 0.71, a current ratio of 1.82 and a quick ratio of 0.87.

Howmet Aerospace (NYSE:HWM - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $1.33 EPS for the quarter, beating analysts' consensus estimates of $1.24 by $0.09. The company had revenue of $2.55 billion during the quarter, compared to analysts' expectations of $2.43 billion. Howmet Aerospace had a return on equity of 33.91% and a net margin of 20.52%.The firm's revenue was up 24.1% compared to the same quarter last year. During the same period last year, the business 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. On average, research analysts predict that Howmet Aerospace Inc. will post 5.33 earnings per share for the current fiscal year.

Howmet Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Investors of record on Friday, August 7th will be given a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, August 7th. This is an increase from Howmet Aerospace's previous quarterly dividend of $0.12. Howmet Aerospace's payout ratio is 12.07%.

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.

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