Hennion & Walsh Asset Management Inc. Grows Stock Holdings in Howmet Aerospace Inc. $HWM

Key Points

• Institutional ownership increased: Hennion & Walsh Asset Management raised its Howmet Aerospace stake by 13.5% in the second quarter to 42,505 shares valued at $11.4 million. Institutional investors collectively own 90.46% of the company.
• Strong results and raised outlook: Howmet reported second-quarter revenue of $2.55 billion, up 24.1% year over year, and adjusted EPS of $1.33, beating estimates. The company raised its 2026 EPS outlook to $5.23–$5.31 and expects continued support from aerospace production, aftermarket demand and gas-turbine activity.
• Analysts remain positive, but valuation is elevated: The stock has a “Moderate Buy” consensus rating and a $304.28 average price target, while Susquehanna raised its target to $340. However, shares trade at roughly 61 times earnings, and an executive recently sold 41,932 shares.

Hennion & Walsh Asset Management Inc. grew its position in Howmet Aerospace Inc. (NYSE:HWM - Free Report) by 13.5% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 42,505 shares of the company's stock after buying an additional 5,049 shares during the period. Hennion & Walsh Asset Management Inc.'s holdings in Howmet Aerospace were worth $11,428,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC boosted its stake in Howmet Aerospace by 5.4% in the fourth quarter. Brighton Jones LLC now owns 2,548 shares of the company's stock valued at $279,000 after acquiring an additional 130 shares in the last quarter. Acadian Asset Management LLC acquired a new position in shares of Howmet Aerospace during the first quarter worth $399,000. Sivia Capital Partners LLC acquired a new position in shares of Howmet Aerospace during the second quarter worth $216,000. Brown Advisory Inc. lifted its holdings in shares of 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 purchasing an additional 990 shares during the last quarter. Finally, Cary Street Partners Financial LLC purchased a new stake in shares of Howmet Aerospace during the 2nd quarter valued at $145,000. Hedge funds and other institutional investors own 90.46% of the company's stock.

Analysts Set New Price Targets

HWM has been the topic of several research analyst reports. Weiss Ratings downgraded Howmet Aerospace from a "buy (b)" rating to a "buy (b-)" rating in a research note on Wednesday. Royal Bank Of Canada increased their price target on Howmet Aerospace from $325.00 to $350.00 and gave the company an "outperform" rating in a research note on Friday. BTIG Research raised their price target on Howmet Aerospace from $275.00 to $300.00 and gave the stock a "buy" rating in a report on Friday, May 8th. Morgan Stanley restated an "overweight" rating and set a $315.00 price target on shares of Howmet Aerospace in a research note on Friday, May 8th. Finally, Susquehanna upped their price objective on shares of Howmet Aerospace from $330.00 to $340.00 and gave the company a "positive" rating in a report on Friday. Sixteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $304.28.

Insiders Place Their Bets

In other Howmet Aerospace news, EVP Neil Edward Marchuk sold 41,932 shares of Howmet Aerospace stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $269.50, for a total transaction of $11,300,674.00. Following the completion of the transaction, the executive vice president owned 65,105 shares in the company, valued at approximately $17,545,797.50. This trade represents a 39.18% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.85% of the company's stock.

Key Stories Impacting Howmet Aerospace

Here are the key news stories impacting Howmet Aerospace this week:

• Positive Sentiment: Strong Q2 performance: Howmet reported revenue of $2.55 billion, up 24% year over year, and adjusted EPS of $1.33, exceeding the $1.24 analyst consensus. Operating margins, cash flow and adjusted EBITDA also improved significantly. Howmet Aerospace Reports Second Quarter 2026 Results
• Positive Sentiment: Raised 2026 outlook: The company now expects full-year EPS of $5.23-$5.31 and revenue of approximately $10.0-$10.1 billion, above consensus estimates. Third-quarter EPS guidance of $1.34-$1.36 also exceeds expectations. HWM Q2 Earnings Beat Estimates on Aerospace, Turbine Growth
• Positive Sentiment: Favorable demand trends: Rising commercial aircraft production, aftermarket spares demand and gas-turbine activity are supporting capacity expansion and growth into 2027. Howmet also generated $479 million in free cash flow and repurchased $300 million of stock during the quarter. HWM Q2 Earnings Call Centers on Capacity and Higher Outlook
• Positive Sentiment: Analyst support: Susquehanna raised its price target from $330 to $340 and assigned a positive rating, implying meaningful potential upside from the recent trading level. Benzinga analyst price-target report
• Neutral Sentiment: Howmet completed its $1.8 billion CAM acquisition and increased its quarterly dividend by 17% to $0.14 per share. The acquisition expands the company’s capabilities but also increases integration and execution requirements.
• Negative Sentiment: The stock’s pullback may reflect valuation and profit-taking concerns: HWM has risen sharply over the past year, trades at a high earnings multiple, and investors may have expected strong results following the recent rally. Higher capital spending to expand capacity could also limit near-term free cash flow.

Howmet Aerospace Stock Performance

Shares of NYSE HWM opened at $282.42 on Friday. The company has a current ratio of 1.82, a quick ratio of 1.59 and a debt-to-equity ratio of 0.71. Howmet Aerospace Inc. has a 12 month low of $169.45 and a 12 month high of $310.00. The company has a 50 day simple moving average of $272.81 and a two-hundred day simple moving average of $253.96. The stock has a market cap of $113.00 billion, a price-to-earnings ratio of 60.87, a PEG ratio of 2.12 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 earnings per share 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 firm had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.43 billion. During the same quarter in the prior year, the business earned $0.91 earnings per share. The business'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, analysts predict that Howmet Aerospace Inc. will post 5 earnings per share for the current year.

Howmet Aerospace Increases Dividend

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

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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